Sentiment has declined in cryptocurrency markets as fresh worries about the Fed’s monetary policy direction arise, fueled by unexpectedly robust jobs data from the U.S. The notable decline, along with considerable withdrawals from Bitcoin Spot ETF products on Thursday, further unsettled market sentiment. Data indicating that non-farm payrolls increased by 119 thousand in September, showing … Read more
Crypto markets continued their downward trend on Friday, as Bitcoin dipped below $86,000 and Ethereum dropped below the $3,000 mark, reflecting a wider risk-off sentiment. The downturn signifies an ongoing correction from recent peaks, with Bitcoin currently down 31 percent from its October high of $126,198 and Ethereum down 43 percent from its August high … Read more
Sentiment in cryptocurrency markets has experienced a modest increase over the past 24 hours, fueled by optimistic derivative activity and a rebound in global financial markets. Gold and the U.S. dollar have seen an uptick, while bond yields have mostly eased. Following the recent rebound, it’s crucial to recognize that cryptocurrencies continue to trail behind … Read more
Bitcoin has plunged to around $90,000 per coin, marking a significant downturn from its October peak of $126,000, as uncertainty surrounding the Federal Reserve intensifies fears of a price crash. The bitcoin price has experienced a significant decline of nearly 30% from its peak last month, pushing it into bear market territory and erasing $1 … Read more
Cryptocurrencies faced downward pressure due to macro uncertainties and diminishing expectations for rate cuts. Market leader Bitcoin experienced a decline to $92,971 before making a recovery. Ethereum saw a decline, hitting a low of $3,007. The overall market capitalization reached a 24-hour low of $3.17 trillion. Significant outflows from Bitcoin Spot ETF products in the … Read more
Bitcoin prices plummeted to a six-month low on Monday, weighed down by declining hopes for an interest rate cut from the US Federal Reserve in the upcoming month. The world’s largest cryptocurrency, Bitcoin, saw a price decline of 0.5%, settling at $95,165, following a drop to an intraday low of $92,971.17, marking its weakest point … Read more
Cryptocurrencies faced a notable drop as reduced hopes for rate cuts from the Federal Reserve, along with stern comments from Fed officials, adversely affected market sentiment towards digital assets. The total value of the crypto market has dropped by more than 6 percent in the past 24 hours. In the last 24 hours, Bitcoin reached … Read more
Bitcoin’s recent drop to $96,406 has set the stage for a significant shift, as analysts are split on whether the cryptocurrency will breach crucial support levels or mount a robust comeback toward lofty price targets. The cryptocurrency community is divided on the immediate trajectory of Bitcoin, as our BTC price prediction analysis showcases significant differences … Read more
Cryptocurrencies have seen a downturn as the markets reacted to the continuing crypto-related tensions between the U.S. and China. Worries about the latest stablecoin regulations issued by the Bank of England have influenced market sentiment. The total value of the crypto market has dropped by more than a quarter percent in the past 24 hours. … Read more
The significant spike observed in cryptocurrencies the previous day, driven by excitement over a resolution to the U.S. government shutdown and expected liquidity influx, turned out to be fleeting. The cryptocurrency market capitalization has experienced a drop of more than one percent in the past 24 hours, as markets assess the progress in addressing the … Read more