Geopolitical risks to global energy supplies, coupled with concerns regarding AI-related capital expenditures, continued to dominate the narrative for global markets. This backdrop unfolded against the escalating U.S.-Iran conflict and a significant sell-off in technology stocks on Wall Street on Thursday. Brent Crude closed above 100 on Thursday, while the tech-heavy Nasdaq Composite experienced a … Read more
Aggregate cryptocurrency market capitalisation declined by over 2 percent, with Bitcoin reaching a low of $62,489 in the past 24 hours, following a selloff in global chip stocks that impacted the crypto markets. The recent AI frenzy that captivated global markets has diminished as investors began to scrutinise the inflated valuations within the technology sector. … Read more
The ongoing rise in crude oil prices has negatively affected cryptocurrencies, as global markets brace for the inflation update from the U.S. and the Congressional testimony by Fed Chair Kevin Warsh. Substantial withdrawals from Bitcoin Spot ETF products listed in the U.S. on Monday further weakened market sentiment. Overall cryptocurrency market capitalisation has seen a … Read more
Risk aversion, prompted by the escalation in the Middle East and the subsequent rise in crude oil prices, has negatively impacted sentiment in the cryptocurrency market. Lingering anxiety surrounds Federal Reserve Chair Kevin Warsh’s two-day testimony before Congress commencing on Tuesday, alongside the impending release of U.S. inflation readings for June on the same day, … Read more
Cryptocurrencies experienced a significant decline over the past 24 hours, coinciding with heightened tensions in the Middle East and the breakdown of the U.S.-Iran ceasefire. Anxiety ahead of the release of the FOMC minutes on Wednesday further dampened sentiment. Bitcoin fluctuated within a range of $64,189 to $61,639 over the last 24 hours. The bearish … Read more
Cryptocurrencies have experienced a downturn in the last 24 hours, coinciding with global market reactions to events unfolding in the Middle East, while indications of a technology sector rally continue to strengthen. Bitcoin fluctuated within a range of $60,682 to $58,856 over the last 24 hours. Overall crypto market capitalisation has declined by approximately … Read more
The flagship cryptocurrency Bitcoin continued its downward trend on Thursday, June 25, momentarily falling beneath the significant $60,000 threshold and erasing almost half of the gains achieved during its 2025 rally. The world’s largest cryptocurrency experienced a decline, reaching an intraday low of $59,029, before making a recovery above $61,000. At the time of writing, … Read more
Bitcoin’s futures market has experienced a significant leverage reset. Traders are currently observing if the forthcoming movement will be influenced by spot demand instead of derivatives speculation. Data shared on June 22 indicated that total BTC Open Interest across exchanges decreased from $26.0 billion to $20.89 billion throughout June. The decrease in futures exposure exceeded … Read more
Cryptocurrency markets continued to face challenges in 2026, as Bitcoin—the leading digital asset—witnessed a decline of nearly 24 per cent year-to-date, trading at approximately $66,500. The world’s largest cryptocurrency is currently down approximately 47 per cent from its October 2025 peak of $126,198, with its market capitalisation decreasing to around $1.5 trillion from nearly $2.5 … Read more
Bitcoin climbed to its highest level in nearly two weeks after the US and Iran said they reached an agreement to end hostilities and reopen the Strait of Hormuz. The original cryptocurrency rose nearly 3 per cent in early Asia trading Monday and was around $65,400 at 9:30 a.m. in Singapore. Ether, the second-largest token, … Read more