Crypto markets ended last week on a high note with total capitalization topping $4 trillion again, but momentum waned over the weekend. Stock markets in the US reached record highs last week as markets fully priced in a 0.25% rate cut this week. However, the job market continued to signal weakness with a sharp jump […]
Bitcoin’s gradual price recovery over the past week or so saw some resistance at $116,000, and the asset has failed to reclaim that level decisively. Expectedly for a weekend trading, most altcoins are quite sluggish with little to no moves in either direction. However, there are a few exceptions. BTC Keeps Calm at $116K The […]
Markets declined last week after the US jobs reports confirmed that the labor market is visibly slowing down. Crypto assets have been range-bound over the weekend, awaiting another week that is packed with key inflation data. The Federal Reserve has two mandates: maximum employment and stable prices, and investors are about to receive data on […]
After a gradual increase to over $113,000 yesterday, bitcoin’s price faced immediate selling pressure and was pushed south by a few grand before it settled at around $111,000. Most larger-cap alts have failed to post any significant gains, aside from HYPE, which has jumped to over $47, and ENA, which has risen by 13%. BTC […]
The cryptocurrency market experienced the adverse consequences of Trump’s tariffs against essentially every other country in April, or at least the threat, resulting in massive price declines to multi-month lows. Although the POTUS has continued to impose such taxation on some nations while reducing the rates for others, more controversy arose on Friday when the […]
Bitcoin posted a new all-time high above $124K earlier this month, but the momentum has quickly shifted to fragile. The market has been extremely choppy this week, briefly pushing the price below $109K. As investors anticipate a durable rally, seasonal headwinds, among other factors, have hindered the asset’s growth. New data suggests that the current […]
Around $205 billion has exited crypto markets over the past 24 hours, sending total market capitalization plummeting back to $3.84 trillion. It is the lowest level total cap has been since August 6, but it still remains within a six-week sideways channel despite the massive sell-off. CoinGlass reported that around 205,000 traders were liquidated over […]
Today’s recovery attempt by most cryptocurrencies turned out to be a fakeout as the market has turned red once again. This time, Ethereum has taken the painful main stage, dumping by over 11% since its all-time high registered just over 24 hours ago. ETHUSD. Source: TradingView The landscape around the world’s second-largest cryptocurrency changed for […]
It has been a wild ride, but Ethereum’s price has finally reclaimed its former all-time high. The move came following a recent correction, which saw ETH’s price drop to slightly above $4,000. The cryptocurrency saw a massive bounce in the past 24 hours following the speech of US Federal Reserve Chairman Jerome Powell at Jackson […]
Bitcoin’s price faced some volatility ahead of the highly anticipated meeting between Trump and Putin, but has failed to show any big fluctuations after its conclusion. The altcoins, though, have tumbled over the past 24 hours, led by Ethereum’s substantial decline to well under $4,500. BTC at $117K The primary cryptocurrency had an eventful week. […]