Risk aversion, prompted by the escalation in the Middle East and the subsequent rise in crude oil prices, has negatively impacted sentiment in the cryptocurrency market. Lingering anxiety surrounds Federal Reserve Chair Kevin Warsh’s two-day testimony before Congress commencing on Tuesday, alongside the impending release of U.S. inflation readings for June on the same day, … Read more
Anticipation surrounding the U.S. listing of South Korean memory chip leader SK Hynix, along with a pause in the renewed U.S.-Iran conflict, has positively influenced sentiment in the cryptocurrency market. Overall crypto market capitalisation saw a rise of more than 2 percent in the past 24 hours, with Bitcoin hitting a high of $64,556 during … Read more
Cryptocurrencies saw a significant surge in the last 24 hours, despite rising tensions between the U.S. and Iran, as well as growing signs of a cautious approach from the FOMC regarding inflationary concerns. Bitcoin experienced a variation between $63,165 and $61,493 in the past 24 hours, with the overall market capitalisation of cryptocurrencies showing a … 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
After a tough June marked by considerable losses in the majority of the leading cryptocurrencies, the crypto markets have entered July with a cautious outlook. Concerns about a potential increase in interest rates by the Federal Reserve, which has strengthened the dollar, along with the increase in bond yields, have persistently impacted sentiment in the … Read more
Cryptocurrencies have continued to decline over the past 24 hours, influenced by the recent strength of the U.S. Dollar, which has reduced the appetite for risk assets, including digital currencies. Lingering concerns regarding rate hikes by the Federal Reserve continued to impact sentiment. Uncertainty loomed as markets attempted to assess the full implications of the … Read more
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
Cryptocurrency appears poised for a dynamic summer, with bitcoin striving to establish a solid bottom ahead of a potential market rebound, as the CLARITY Act progresses through various phases of legislative discussions. These developments are unfolding concurrently with the ongoing debates, controversies, and expansive policy discussions surrounding AI, which persist in capturing headlines and influencing … Read more
The flagship cryptocurrency Bitcoin continued its downward trend on Thursday, June 25, momentarily falling beneath the significant $60,000 threshold and erasing almost half of the gains achieved during its 2025 rally. The world’s largest cryptocurrency experienced a decline, reaching an intraday low of $59,029, before making a recovery above $61,000. At the time of writing, … Read more
The cryptocurrency markets saw a rise as the temporary peace agreement between the U.S. and Iran eased global risk aversion, triggered a short squeeze, and improved overall market sentiment. However, decisions regarding monetary policy, along with other factors, from the Bank of Japan, Federal Reserve, and Bank of England have limited substantial advancements. Bitcoin experienced … Read more