Bitcoin and Ethereum experienced a modest increase as July 31 approached, with a slight change in market dominance indicating that traders were once more monitoring the potential rotation of capital towards significant altcoins. The validated notes indicate that Bitcoin has increased by 0.29%, reaching approximately $64,145.86. Meanwhile, Ethereum fluctuated between $1,890 and $1,920, momentarily falling … Read more
Even though three FOMC members voted in favour of raising the federal funds rate, cryptocurrency markets are steadily rising overnight. A softer-than-expected core PCE reading, an unexpected decline in second quarter GDP growth, along with an overnight decline in global crude oil prices, contributed to shifting the crypto market’s focus from inflation concerns to a … Read more
Geopolitical risks to global energy supplies, alongside concerns regarding AI-related capital expenditures, continued to dominate the narrative for global markets. This backdrop unfolded amid an intensifying U.S.-Iran conflict and a significant sell-off in the technology sector on Wall Street on Thursday. Brent Crude closed above $100 on Thursday, while the tech-heavy Nasdaq Composite experienced a … Read more
Anticipation of positive regulatory changes in the United States has boosted sentiment in the cryptocurrency markets, driving Bitcoin to reach a five-week high of $66,910. Overall cryptocurrency market capitalisation saw an increase of nearly 3 percent overnight as markets responded positively to the potential passage of the Clarity Act in the U.S., following reports that … Read more
Aggregate cryptocurrency market capitalisation declined by over 2 percent, with Bitcoin reaching a low of $62,489 in the past 24 hours, following a selloff in global chip stocks that impacted the crypto markets. The recent AI frenzy that captivated global markets has diminished as investors began to scrutinise the inflated valuations within the technology sector. … Read more
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
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
Solana Shows Relative Strength as SOL/BTC Pair Reclaims 21-Day Moving Average is one of the market setups traders are watching as crypto attempts to stabilize after recent volatility. The signal is useful because it points to a clear market level, flow, or positioning theme that can be checked against live data. This setup surfaced through … 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