Cryptocurrencies experienced a significant decline as risk assets weakened and demand for safe havens increased following US President Donald Trump’s announcement of new tariffs on eight European nations. Bitcoin experienced a decline of up to 3.6 percent, dropping below $92,000 on Monday morning, with other cryptocurrencies facing even sharper losses. Ether, the second-largest digital asset, … Read more
The Bitcoin and Ethereum prices are experiencing another downturn, as the crypto market struggles to achieve a ‘Santa rally’ akin to other significant assets. This development occurs as BTC and ETH grapple with considerable selling pressure from crypto ETFs, which are experiencing ongoing outflows. The prices of Bitcoin and Ethereum have dipped once more, facing … Read more
The embedded volatility of cryptocurrencies, particularly bitcoin, remains a focal point for investors as 2025 approaches its final stretch. After reaching all-time highs in October, surpassing $125,000, bitcoin has recently plummeted to nearly $85,000. This volatility is sending ripple effects throughout the broader crypto investing community. Despite the chatter about a potential crypto winter circulating … Read more
Cryptocurrencies have continued to rise, driven by the dollar’s weakness, which is largely attributed to robust expectations for rate cuts from the Federal Reserve. The U.S. Dollar Index hovering around a 30-day low has bolstered sentiment for cryptocurrencies. The index that gauges the strength of the U.S. Dollar against a basket of six currencies stands … Read more