Cryptocurrency Live

Bitcoin finds its footing, ETH takes a dip, while altcoins mix things up

The cryptocurrency market is currently experiencing a tight trading range, with significant assets stabilizing amid ongoing deleveraging pressures and a cautious macroeconomic backdrop. The market’s flagship assets are largely range-bound, limiting momentum across other altcoins, which continue to hover below significant resistance levels. Experts suggest that unexpectedly robust US GDP data could rekindle interest in … Read more

Cryptocurrency Live

Crypto market feels drafty as Fed shifts gears and ETF outflows surge

Analysts suggest that the crypto market is at a critical crossroads, as general sentiment shifts from neutral to bearish. Flagship cryptocurrencies Bitcoin and Ethereum have slipped below key support levels, while altcoins exhibit a varied performance, indicating a lack of cohesive momentum across the market. On the macro front, remarks from the US Federal Reserve … Read more

Cryptocurrency Live

Crypto Markets See Modest Gains Amid Fed Rate Cut Uncertainty

Sentiment in the crypto markets continues to be lackluster as uncertainty looms over the scale and timing of additional rate cuts from the Federal Reserve. Comments from certain Fed officials emphasizing a greater focus on inflation rather than the labor market have sparked speculation. The remarks kept the markets’ attention on monetary policy as they … Read more

Bitcoin, Ethereum Face Profit-Taking as BNB Targets New Peak

The cryptocurrency markets are facing a pullback, suggesting a deceleration in short-term momentum instead of a change in the overall bullish trend. During the recent weekend, the bulls couldn’t increase volatility, resulting in a drop in Bitcoin’s price, which went under $112,000. Despite certain cryptocurrencies dropping below their support levels, Binance Coin has managed to … Read more

Cryptocurrency Live Updates

Improved Blockchains Hold the Key to Wider Crypto Use

The prospect of the U.S. government legislating bitcoin purchases is certainly intriguing, yet it is crucial to prioritize technical blockchain advancements for broader acceptance. As industry CEOs and U.S. legislators convene in Washington D.C. to push for the BITCOIN Act, the need for improved blockchain functionality and analytics is crucial for the ongoing adoption of … Read more

Crypto Currencies

Crypto Markets Pull Back as ETH Eyes Breakout and Altcoins Diverge

The effects of the US Fed rate cuts have permeated the cryptocurrency markets, with Bitcoin, the leading digital asset, starting to stabilize around its recent advancements. It seems that sellers have begun to realize gains, with the Bitcoin price falling beneath the important support level of $117,138. Following several weeks of significant increases, experts indicate … Read more

Cryptocurrency Live

Crypto Struggles as the Dollar Rises

Cryptocurrencies are experiencing a downturn as the dollar strengthens and bond yields continue to rise. The dollar gained strength and yields surged as the market processed the Fed’s latest rate cut and forward guidance, which turned out to be less dovish than expected by some traders. The monetary policy decisions from the Bank of Japan, … Read more

Cryptocurrency Live

Crypto markets encourage Fed rate cuts and hints

The crypto market capitalization fluctuated between $4 trillion and $4.12 trillion as traders processed the Federal Reserve’s anticipated rate cut and the forward guidance revealed on Wednesday afternoon. Bitcoin surged to a peak of $117,906, while Ethereum reached a high of $4,644. Both cryptocurrencies have experienced a slight pullback. The Federal Reserve, in a near-unanimous … Read more

Cryptocurrency Live

Crypto Markets Steady Ahead of Fed, Bitcoin Tops $116K

Global markets are experiencing mixed sentiment as they await the Federal Reserve’s interest rate decision on Wednesday, yet the focus is clearly on cryptocurrencies. In a surprising turn of events, the dollar saw a slight increase despite widespread anticipation for a rate cut, while gold experienced a decline. In contrast, crypto markets remained stable, with … Read more

Crypto market cautious as ETF inflows rise ahead of US Fed decision

Following a short-lived effort by bulls to gain momentum, bears have maintained Bitcoin below crucial resistance levels while investors seek clarity on the US Federal Reserve’s policy. The leading cryptocurrency is currently trading within a range after a failed attempt to break above $116,500, now stabilizing around $115,000. The cautious sentiment has also spread to … Read more