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Crypto Market Slides as Iran Tensions Trigger Risk-Off Mood

Cryptocurrencies experienced a significant decline over the past 24 hours, coinciding with heightened tensions in the Middle East and the breakdown of the U.S.-Iran ceasefire. Anxiety ahead of the release of the FOMC minutes on Wednesday further dampened sentiment. Bitcoin fluctuated within a range of $64,189 to $61,639 over the last 24 hours. The bearish … Read more

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Crypto Market Dips 1% as Bitcoin Drops Under $60K

  Cryptocurrencies have experienced a downturn in the last 24 hours, coinciding with global market reactions to events unfolding in the Middle East, while indications of a technology sector rally continue to strengthen. Bitcoin fluctuated within a range of $60,682 to $58,856 over the last 24 hours. Overall crypto market capitalisation has declined by approximately … Read more

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Bitcoin Slips as Hack and Inflation Fears Weigh on Crypto

Following news of a security breach in the Humanity Protocol, sentiment in the bitcoin market has declined. Anxiety hung in the air as Wednesday morning approached, bringing with it the release of the U.S. consumer price inflation readings. Bitcoin experienced a variation between $64,186 and $62,410 in the past 24 hours. Overall, the capitalisation of … Read more

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Cryptos Bounce Back After Weekend Plunge

Cryptocurrencies have seen substantial increases in value over the past day, fuelled by a price spike that triggered a wave of liquidations among short positions. Reports indicate that purchases by Strategy, along with a technical rebound from oversold levels and a reduction in geopolitical tensions in the Middle East, have contributed to the resurgence in … Read more

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ETF outflows and crypto liquidations cause Bitcoin selloff

Significant outflows from Bitcoin Spot ETF products listed in the U.S. and the closing of long positions in crypto have revealed a clear negative sentiment in the cryptocurrency markets. Bitcoin has seen a drop, hitting a 4-month low of $61,336 in the past 24 hours, as the total cryptocurrency market capitalisation has decreased to $2.17 … Read more

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Crypto Prices Weighed Down by ETF Flows and Geopolitics

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

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Bitcoin Hit by Record ETF Outflows as Oil Rally

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

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XRP Momentum Weakens Below $1.36 Resistance

XRP continues to oscillate within the same range that has dictated its price action for months. The recent unsuccessful breakout near $1.36 has further highlighted the challenges buyers face in generating sustained momentum. The market continues to compress beneath resistance, yet the absence of aggressive selling below $1.30 indicates that larger holders are not entirely … Read more

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Bitcoin Soars on Fed Rate Pause Hopes

Cryptocurrencies are demonstrating resilience as traders anticipate the Federal Reserve’s interest rate announcement, scheduled for Wednesday afternoon. The Fed is expected to keep interest rates steady. Interest rate decisions by the Bank of England and the European Central Bank, scheduled for Thursday, are expected to stay the same. The total market capitalization of cryptocurrencies has … Read more

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XRP tightens range ahead of potential move

Buyers have been subtly entering the market at reduced prices with each dip in XRP — and this trend is now capturing the interest of traders monitoring the token closely. XRP has been oscillating between $1.37 and $1.45 for several days, trapped in a narrow range that has led to consistent rejections near the upper … Read more