The total market capitalization of cryptocurrencies has seen a significant increase of more than 4 percent in the last 24 hours. This upward momentum is largely attributed to substantial gains in major cryptocurrencies, which together account for nearly 79 percent of the total market. Ethereum surged impressively, gaining 5.2 percent overnight, while another major cryptocurrency … Read more
On Tuesday, cryptocurrencies are seeing a rise as crude oil prices decline, increasing the attractiveness of risk assets. Crude oil prices dropped significantly on Monday, pulling back from four-year highs after President Trump’s comments suggested that the Iran conflict would soon come to an end. Market sentiment was strengthened by inflows into Bitcoin Spot ETF … Read more
Cryptocurrencies are holding strong in positive territory as global markets remain on edge, anticipating two crucial economic data releases from the U.S. The update for December on the Fed’s favored PCE-based inflation readings, along with flash estimates for fourth quarter GDP, is set to be revealed on Friday morning. The month-on-month PCE Price Index, along … Read more
A cautiously optimistic sentiment is emerging in the cryptocurrency markets as global markets gear up for the upcoming release of the latest FOMC minutes. Markets responded to news indicating a possible change in leadership at the European Central Bank. Worries about a possible conflict in the Middle East have lessened after an agreement between Iran … Read more
The crypto market sentiment is currently subdued, with attention shifting back and forth between geopolitical developments and the broader macroeconomic landscape. The anticipation surrounding the upcoming discussions between the U.S. and Iran on Tuesday, coupled with the release of the FOMC minutes on Wednesday and the PCE-based inflation readings on Friday, has significantly impacted market … Read more
Cryptocurrency losses intensified on Yesterday, driven by heightened concerns regarding the potential impact of advancements in artificial intelligence on the technology and software sectors. Comments from Treasury Secretary Scott Bessent indicating that a government bailout of crypto is off the table intensified the sell-off. Persistent outflows from Bitcoin Spot ETF products in the U.S., coupled … Read more
Cryptocurrencies are facing notable downturns, with the leading asset dropping below the $73k threshold and the total market capitalization reaching a low of $2.48 trillion. Market sentiment remains weak as participants navigate what appears to be a coordinated sell-off led by significant holders and exchanges. Anxiety surrounds the upcoming jobs data on Friday, alongside outflows … Read more
In a striking turn of events, cryptocurrencies have made a notable comeback in the last 24 hours, recovering some of the losses incurred earlier this week when Bitcoin dipped beneath the $75k mark. The restoration of calm in commodity markets, especially in precious metals, has played a significant role in fostering a positive uptrend in … Read more
Solana has initiated a new upward movement, surpassing the $140 threshold. SOL price is currently consolidating above $140 and could potentially target further gains beyond the $145 level. SOL price has initiated a new upward trajectory, surpassing the $140 and $142 thresholds against the US Dollar. The price is currently trading above $140, surpassing the … Read more
Bitcoin found itself in the geopolitical spotlight over the weekend following a report that suggested Venezuela had secretly amassed as much as 600,000 BTC, coinciding with the US capture of President Nicolás Maduro. A fresh Whale Hunting investigation emerged concurrently with a significant development from Washington to Caracas: over the weekend, US forces apprehended Venezuelan … Read more