Cryptocurrencies are facing notable declines as worldwide financial markets brace for the deadline established by President Trump concerning Iran and the Strait of Hormuz. The total market capitalization of cryptocurrencies has dropped by more than 2 percent in the past 24 hours. Fear and Greed Index, which measures sentiment in the crypto market, has decreased … Read more
Over $290 million flowed out of Bitcoin ETFs last week as a widespread “risk-off” sentiment persists in global markets, driven by escalating geopolitical and macroeconomic pressures. Farside Investors’ data reveals that between March 24 and March 27, there were cumulative weekly outflows totaling approximately $296 million, primarily driven by significant redemptions from BlackRock’s IBIT and … Read more
Bitcoin and other cryptocurrencies experienced a significant rebound in early Asia trading on Sunday following the confirmation that Iran’s supreme leader had been killed during a military campaign conducted by the US and Israel. The original cryptocurrency experienced an increase of up to 2.21 percent, reaching $68,196 in response to the news. At 11 a.m. … Read more
The cryptocurrency markets are experiencing ongoing volatility, as Bitcoin has fallen below $88,000 after a brief return to the $90,000 level. Ethereum followed suit, dipping below the $3,000 mark. The global market capitalisation currently stands at approximately $3.06 trillion, with the Fear & Greed Index at 29, indicating a state of market fear. Analysts believe … Read more