In the middle of a new wave of profit booking, the excitement in cryptocurrency markets that followed the U.S. inflation data that were lower than anticipated faded. The selloff tempered the ascent in cryptocurrency prices, leading to a decline in overall crypto market capitalisation of approximately half a percent overnight. Inflows to U.S.-listed Bitcoin Spot … Read more
Anticipation surrounding the U.S. listing of South Korean memory chip leader SK Hynix, along with a pause in the renewed U.S.-Iran conflict, has positively influenced sentiment in the cryptocurrency market. Overall crypto market capitalisation saw a rise of more than 2 percent in the past 24 hours, with Bitcoin hitting a high of $64,556 during … Read more
Cryptocurrencies saw a notable surge in the past 24 hours, driven by recent comments from Federal Reserve Chair Kevin Warsh. Bitcoin reached a 24-hour high of 61,323, while the overall cryptocurrency market capitalisation saw an increase of nearly 4 percent during this period. During the ECB Central Banking Forum held in Sintra, Portugal, the newly … 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 bitcoin ETF bleed has permeated the entire crypto landscape. U.S. spot bitcoin funds experienced a significant outflow of $396.60 million on Wednesday, marking the continuation of a record streak with 13 consecutive sessions of withdrawals. This brings the total outflow to $4.37 billion since mid-May, as ether, solana, and XRP products also joined the … Read more
A record 10-session, $2.97 billion outflow streak from spot bitcoin ETFs, coupled with a fresh rally in oil prices due to stalled U.S.-Iran ceasefire talks, has kept bitcoin at $73,389.38. This situation continues to put pressure on the wider crypto market, even as Wall Street’s AI trade drives global equities to new records during Asian … Read more
The significant outflow of capital from Bitcoin Spot ETF products available in the United States has created a negative atmosphere in the cryptocurrency markets. The price movement happens amid a renewed sense of hope for a possible agreement between the U.S. and Iran, along with the market’s focus on the future of Artificial Intelligence. Overall … Read more
The latest job market report from the U.S. on Friday surpassed expectations, resulting in diminished expectations for rate cuts from the Fed and consequently leading to a drop in cryptocurrencies. The recent rise in tensions between the U.S. and Iran has influenced market sentiment. The total market capitalization of cryptocurrencies has experienced a decrease of … Read more
In the last 24 hours, the overall market capitalization experienced a rise of over a percent, supported by major cryptocurrencies holding strong positions above the flatline. Despite the unsuccessful weekend negotiations between the U.S. and Iran and the surge in crude oil prices due to the new blockade of the Strait of Hormuz, market sentiment … Read more
Optimism surrounding potential regulatory advancements in the U.S. has lifted the mood for cryptocurrencies, allowing Bitcoin to reach a 24-hour peak of $71,886.57. The overall crypto market capitalization has surged over 5 percent in the last 24 hours. On Tuesday, there were significant inflows into U.S.-listed Bitcoin Spot ETF products, bolstered by the potential for … Read more