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