Amidst renewed geopolitical tensions in the Middle East and a surge in crude oil prices, bond yields and the U.S. dollar that followed, cryptocurrencies have entered negative territory. Overall cryptocurrency market capitalisation has decreased by 1.4 percent overnight, now standing at $2.86 trillion, while Bitcoin has experienced overnight losses of 1.6 percent. Tensions escalated in … Read more
Bitcoin dropped below $83k in the past 24 hours as a significant bond market selloff dampened sentiment toward risk assets, including cryptocurrencies. Robust economic indicators from the United States, coupled with a surge in global crude oil prices, have reignited concerns regarding potential Federal Reserve rate hikes, leading to a selloff in U.S. bond markets. … Read more
Cryptocurrencies experienced a rally over the past 24 hours as global markets processed the anticipated quarter percentage rate increase by the Federal Reserve. The decline in crude oil prices, coupled with the reduction in bond yields, has strengthened market sentiment. Aggregate market capitalisation experienced an increase of over one percent, while Bitcoin reached a 24-hour … Read more
The sentiment in the cryptocurrency market continues to be closely linked to the regulatory challenges faced, particularly following the Senate’s rejection of the Clarity Act on Tuesday. The decline in crude oil prices and the easing in bond yields that supported sentiment in major financial markets on Wednesday did not translate into a positive atmosphere … Read more
With the Federal Reserve’s monetary policy decision approaching in less than a week, the updates to inflation for August have induced volatility in global market sentiment. As markets processed the unforeseen increase in monthly core inflation, expectations for a rate hike from the Fed have surged significantly. Cryptocurrencies, despite their inherent volatility, are maintaining a … Read more
Cryptocurrencies experienced a significant decline over the past 24 hours, responding to the European Central Bank’s rate hike, the increase in produce price inflation in the U.S., the rise in crude oil prices, and the notable uptick in bond yields, especially in the U.S. Bitcoin has experienced a decline of over 2 percent in the … Read more
Cryptocurrencies experienced a significant increase on Friday, as global markets responded positively to the dovish remarks from a Federal Reserve official, which highlighted the potential disinflationary trends within the U.S. economy. The repricing of Fed rate hike expectations, the easing in bond yields, the massive inflows to U.S.-listed Bitcoin and Ethereum Spot ETF products, as … Read more
Cryptocurrency markets were encouraged by dwindling predictions of a quarter-percentage rate hike by the Federal Reserve in the FOMC decision to be published on September 16. The easing in global bond yields, the U.S. dollar’s retreat, and hopes for favourable regulatory measures in the U.S. contributed to the increase in cryptocurrency prices. Overall cryptocurrency market … Read more
The selling that ensued after U.S. airstrikes on Iran exhibited uneven distribution. Solana and Tron each experienced a decline of over 3% in the last 24 hours, whereas Bitcoin saw a reduction of approximately 1%. This disparity indicates that traders prioritised liquidating their more volatile positions while maintaining their investments in the foundational asset. Bitcoin … Read more
Cryptocurrencies predominantly experienced a downturn over the last 24 hours as markets adjusted to the heightened expectations of interest rate increases from the Federal Reserve following assertive remarks from the Fed Chair. The abrupt increase in geopolitical tensions in the Middle East, coupled with the rise in crude oil prices, has contributed to the prevailing … Read more
