Bitcoin dropped below $83k in the past 24 hours as a significant bond market selloff dampened sentiment toward risk assets, including cryptocurrencies. Robust economic indicators from the United States, coupled with a surge in global crude oil prices, have reignited concerns regarding potential Federal Reserve rate hikes, leading to a selloff in U.S. bond markets. … Read more
Cryptocurrencies experienced a significant increase on Friday, as global markets responded positively to the dovish remarks from a Federal Reserve official, which highlighted the potential disinflationary trends within the U.S. economy. The repricing of Fed rate hike expectations, the easing in bond yields, the massive inflows to U.S.-listed Bitcoin and Ethereum Spot ETF products, as … Read more
Bitcoin, the leading cryptocurrency, reached a high of $81.2k in the last 24 hours but has since fallen to $78,933. Overall crypto market capitalisation, which reached a peak of $2.71 trillion in the past 24 hours, has subsequently decreased to $2.65 trillion, indicating an overnight decline of 0.32 percent. The CMC Crypto Fear and Greed … Read more
Bitcoin has approached $80k, and cryptocurrencies are trading positively amid a mixed global market environment. The CMC Crypto Fear and Greed Index, which monitors sentiment within the cryptocurrency market, has ascended to the Extreme Greed zone, reaching a level of 81. The index registered a value of 78, indicating Greed, just a day prior, while … Read more
The crypto market capitalisation has experienced a modest increase over the past 24 hours, despite global markets expressing concerns regarding the geopolitical situation in the Middle East. Overall cryptocurrency market capitalisation has risen by 0.66 percent, while Bitcoin is experiencing overnight gains approaching 1 percent. The price movement in the cryptocurrency market occurs alongside a … Read more
The surge in equity markets, driven by robust corporate earnings, the decline in crude oil prices, and revived hopes regarding a Hormuz deal, also found its reflection in cryptocurrency markets, though to a lesser extent. The aggregate market capitalisation of cryptocurrencies has experienced an increase of approximately 0.4 percent over the last 24 hours. In … Read more
Sentiment in crypto markets has deteriorated following a significant security breach that resulted in the loss of Bitcoin valued at approximately $38 million. The disappointing second quarter results published by Coinbase contributed to the prevailing negative sentiment. The Bank of Japan’s decision to maintain its current interest rates has, nonetheless, bolstered market sentiment. Market sentiment … Read more
Cryptocurrencies have experienced a downturn in the last 24 hours as market participants processed information from the prominent Bitcoin treasury firm Strategy Inc. The most recent filing from the company has unsettled sentiment within the cryptocurrency market, which had previously been buoyed by the softer jobs data emerging from the U.S. On Monday, the Virginia-headquartered … Read more
Cryptocurrencies have experienced a downturn in the last 24 hours, influenced by notable ETF movements and the worsening geopolitical climate in the Middle East, leading to a considerable wave of liquidations. The negative sentiment generated by Strategy Inc’s Bitcoin sales, along with a significant transfer from a large Mt. Gox wallet, continued to impact sentiment … Read more
The decline in cryptocurrencies, led by Bitcoin, intensified on Tuesday as markets reacted to the sale of Bitcoins by Michael Saylor’s Strategy Inc. Losses were limited as reports suggested that the diplomatic route continued to progress towards resolving the conflict in the Middle East. Overall cryptocurrency market capitalisation has seen a decline of nearly 3 … Read more
