A significant drop in anticipated rate hikes from the Federal Reserve contributed to a recovery in crypto markets, pushing Bitcoin to a 24-hour peak of $82,539. The dollar’s retreat and a decline in crude oil prices have bolstered sentiment in the crypto market, resulting in an increase of over 1.5 percent in overall market capitalisation … Read more
According to a recent report, the United States is amassing bitcoin while simultaneously distributing dollar-pegged stablecoins to other nations. The blockchain data indicated in its Wednesday report, “North America: Inside the Growth of Agentic Commerce,” that the U.S. became a net importer of Bitcoin in 2026 – marking the first occurrence since 2022. Data indicates … Read more
Consumer price inflation readings from the U.S. released on Wednesday morning exceeded expectations, leading to a decline in sentiment within the cryptocurrency market. Overall market capitalisation has decreased by nearly half a percent overnight, while the market leader Bitcoin fluctuated between $84,049 and $82,283. The U.S. Bureau of Labour Statistics released the consumer price inflation … Read more
Anxiety ahead of the release of consumer price inflation readings from the U.S. on Wednesday weighed on market sentiment in the cryptocurrency market. Bitcoin, however, demonstrated resilience against the prevailing bearish trend. Overall market capitalisation has experienced a decline of less than 0.1 percent overnight, while the leading cryptocurrency fluctuated between $84,061 and $80,963. The … Read more
Cryptocurrencies are exhibiting a mixed performance as the strength of the dollar and an increase in crude oil prices have influenced sentiment within the cryptocurrency market. The U.S. Dollar has experienced a rally, leading to a 0.24 percent increase in the Dollar Index overnight. The six-currency Dollar Index, which assesses the strength of the U.S. … Read more
A modestly optimistic bias is maintained by the price of XRP, which is trading at $1.404 on Monday. This is because the price continues to remain above the 50-day exponential moving average at $1.399. Additionally, the 100-day EMA at $1.340 and the 200-day EMA at $1.384 are supporting an underlying demand zone beneath the market. … Read more
Most major cryptocurrencies experienced a significant decline over the past several days, with bitcoin leading the downturn as it fell from $87,000 to below $81,000, marking its lowest price point in more than two weeks. Large altcoins such as XRP and ETH experienced significant declines, with XRP recording a double-digit decrease over the past week. … Read more
Bitcoin experienced a rally as global markets responded positively to the reduction in geopolitical tensions in the Middle East. Markets responded positively to President Donald Trump’s remarks indicating that the U.S. would refrain from military action against Iran prior to the midterm elections, characterising the discussions as constructive. Overall crypto market capitalisation experienced a slight … Read more
Sentiment deteriorated in cryptocurrency markets in the wake of a severe bond selloff and an increase in crude oil prices. Overall crypto market capitalisation experienced a decline of approximately one percent over the past 24 hours, with Bitcoin falling below the $82,000 mark during the same period. The total liquidations over the past 24 hours … Read more
The cryptocurrency market has experienced a significant downturn, with Bitcoin falling below $83 thousand as a result of a substantial liquidation cascade. The past 24 hours saw long positions being forcibly liquidated in response to a rise in bond yields, a rebound in the dollar, and an increase in expectations for Fed rate hikes. Crypto … Read more
