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
Despite a minor rebound from recent lows, XRP remains one of the weakest large-cap assets in the market. The asset experienced a sharp decline after slipping beneath the significant $1.30 support level, momentarily reaching the $1.05-$1.10 range before attracting buyers. Despite XRP’s recent bounce back to $1.12, the overarching trend remains decidedly negative. XRP is … Read more
The bitcoin ETF bleed has permeated the entire crypto landscape. U.S. spot bitcoin funds experienced a significant outflow of $396.60 million on Wednesday, marking the continuation of a record streak with 13 consecutive sessions of withdrawals. This brings the total outflow to $4.37 billion since mid-May, as ether, solana, and XRP products also joined the … Read more
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
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
Cryptocurrencies have faced notable declines in the last 24 hours, influenced by news of Bitcoin sales by Strategy Inc and increased geopolitical tensions after Iran halted discussions with the U.S., which have unsettled market sentiment in the crypto sector. Overall cryptocurrency market capitalisation has seen a drop of more than 2 percent in the past … Read more
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
A recent report from a market expert suggests that a number of large-cap cryptocurrencies remain “undervalued” when considering the ongoing activity and infrastructure development supporting them. In that view, the altcoin market continues to recover from the substantial downturn that pushed crypto into a bearish phase—an environment where many prominent tokens have seen sharper declines … Read more
The prospect of a possible deal between the US and Iran caused the price of Bitcoin to soar again after a dismal start to the weekend. However, the existing pricing structure implies that new investors would be catching a falling knife, ignoring the possible impact of recent geopolitical news or events. A chart on the … Read more
Worries about a possible revival of conflict in the Middle East have unsettled investor confidence in the cryptocurrency market. The overall cryptocurrency market capitalization has experienced a drop of more than 2 percent in the past 24 hours, with Bitcoin reaching a 24-hour low of $76,029.22. The price movement in the cryptocurrency market happens alongside … Read more