Crypto markets have hemorrhaged around a trillion dollars over the past month in the largest panic-induced retail sell-off since the COVID pandemic. However, market analysts remain confident that the bull market will continue, and we have not entered a bear market yet. Analyst ‘Sykodelic’ echoed the sentiment, opining that over the next month, “we are going […]
The spot Bitcoin ETFs in the United States set a new record in terms of trading volume on Friday, which was categorized as “wild but normal” by experts. This came amid turbulent times for the underlying asset, which experienced a substantial price volatility that included a drop toward $80,000 and a subsequent recovery of almost […]
El Salvador has intensified its Bitcoin strategy despite one of the year’s steepest market pullbacks, after adding more than 1,000 BTC in a single move and pushing its reported holdings to roughly 7,500 BTC. According to the country’s Bitcoin Office, the latest acquisition is worth around $100 million and was executed as the cryptocurrency briefly […]
Bitcoin’s price dumped once again on Sunday afternoon to a new six-month low of $93,000. On the surface, the reasoning behind the latest crash is quite slim, as there aren’t any significant catalysts that can be blamed. However, the analysts from the Kobeissi Letter believe there’s a more profound and fundamental shift in the cryptocurrency […]
The cryptocurrency markets tumbled hard on Friday once again, with BTC leading the losses with a nosedive to under $94,000, which became a six-month low. Amid the overall uncertainty and market panic, reports emerged at one point claiming that the ultimate bitcoin bull – Michael Saylor – and his company had begun to sell off […]
Despite the positive developments on a macro front, such as the US government reopening, BTC’s quite unfavorable price actions continued in the past 12 hours or so as the asset plunged to a new multi-month low. The cryptocurrency stood above $107,000 just three days ago after Trump promised to send tariff checks of at least […]
Bitcoin’s price tumbled once again on Wednesday evening, slipping briefly below $101,000 before it staged a notable recovery on Thursday morning. The most likely reason for the rebound is the fact that the US government shutdown will finally end after setting a record of 43-day stalemate in Congress. BREAKING: President Trump has officially signed a […]
The crypto market has been in a weak state over the last few weeks, with bitcoin (BTC) finally falling below $100,000 on Tuesday. Amid speculations about the end of the bull cycle, trader and market expert Arthur Hayes has identified an event that could reignite the bull run. According to Hayes, everything is tied to […]
The broader economic perspective shows few signs to worry and it certainly couldn’t predict what transpired in the cryptocurrency markets at the start of the current business week. Bitcoin traded at $111,000 on Sunday evening, ETH was above $3,900, XRP was at $2.60, and so on. What followed, though, was a market-wide crash that pushed […]
The presidents of the two most powerful economies in the world met in South Korea earlier today, which resulted in several tariff reductions on China. US President Donald Trump outlined the decisions made after the meeting, including an overall tariff cut from 57% to 47%. Some products, such as fentanyl, were dropped to 10%. BREAKING: […]