Cryptocurrency News

Ethereum, XRP and Cardano Face Fresh Downside Risks

This week, Ethereum maintained its position around the crucial support level of $1,800, experiencing a slight decline of 2%. While this places sellers in a more advantageous position, they must breach the support level to seize the initiative. The current ETH price action indicates notable weakness following the establishment of a lower high just beneath … Read more

Crypto Currency Live Updates

Crypto Market Stays Flat as Soft US PPI Boosts Fed Rate-Hold Bets

Cryptocurrencies continue to trade within a narrow range on Thursday, despite global markets responding positively to the softer producer price inflation figures from the U.S. and the drop in global crude oil prices. The sentiment in the crypto market appeared to diverge from the tech-heavy Nasdaq, which has rallied close to a percent. The decline … Read more

Cryptocurrency News

Crypto Market Slips as Bitcoin Holds Near $63,700 Despite ETF Inflows

The cryptocurrency market capitalisation experienced a slight decline over the past 24 hours, as market participants responded to the consumer price inflation data for July from the U.S., which aligned with market expectations. Positive inflows to U.S.-listed Bitcoin Spot ETF products mitigated losses. Overall crypto market capitalisation has contracted by more than a quarter percent … Read more

Cryptocurrency News

Crypto Slips as Bitcoin ETF Outflows Rise

Recent reports suggesting that the U.S. and Iran were nearing an agreement to resolve the Middle East conflict did not manage to bolster sentiment in cryptocurrency markets early on Tuesday. The decline in crude oil prices, the easing in bond yields, and the greenback’s retreat did not suffice to lift cryptocurrencies into an overnight positive … Read more

Crypto Currency Live Updates

Crypto Markets Slide as Bitcoin Falls on Strategy Selling

Cryptocurrencies have witnessed a downturn in the last 24 hours as markets recalibrated in response to the ongoing geopolitical uncertainties in the Middle East and the resultant rise in crude oil prices. The unexpected decline in U.S. payrolls, along with concerns about the upcoming consumer price inflation and producer price inflation data from the U.S. … Read more

Crypto Currency Live Updates

In Weak Markets, Bitcoin, Ethereum, and XRP Whales Accumulate

Large holders of Bitcoin, Ether, and XRP have persisted in their accumulation efforts amid the recent market downturn, according to an analytics firm. The firm’s weekly report, Buying the Bear: A Signal of the Bear Market’s Final Stage, analysed the recent accumulation by the largest wallets. The consistent purchasing indicates a pattern frequently observed in … Read more

Crypto Currency Live Updates

XRP Faces $1 Retest Risk as Bearish Sentiment Deepens

Despite a brief foray into positive territory following several days of heightened volatility, XRP has retraced to levels not observed earlier this month. In the wake of this significant price decline, market sentiment is shifting toward a bearish outlook, with traders progressively losing confidence in a short-term recovery. In light of the significant deceleration in … Read more

Crypto Currency Live Updates

BTC Rises as Bitcoin Reclaims $65000 Before US Jobs Data

Despite the disappointment regarding the postponement of the Clarity Act’s Senate vote until September, cryptocurrencies are exhibiting a robust trading performance. Crypto markets have also dismissed concerns ahead of the release of the monthly jobs data from the U.S., which could notably impact the Fed’s monetary policy decisions. Overall crypto market capitalisation has risen by … Read more

Crypto Currencies

Bitcoin, Ethereum, and Altcoins Mixed Before US Economic Data

Cryptocurrencies are currently trading below the flatline, reflecting the influence of ongoing global market dynamics. These markets are affected by new concerns related to artificial intelligence, alongside a resurgence of optimism regarding a potential shipping agreement for the Strait of Hormuz. Overall crypto market capitalisation has declined from the previous day’s close, while Bitcoin has … Read more

Cryptocurrencies Updates

Crypto Markets Edge Higher as ETF Inflows Boost Sentiment

The surge in equity markets, driven by robust corporate earnings, the decline in crude oil prices, and revived hopes regarding a Hormuz deal, also found its reflection in cryptocurrency markets, though to a lesser extent. The aggregate market capitalisation of cryptocurrencies has experienced an increase of approximately 0.4 percent over the last 24 hours. In … Read more

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