Geopolitical risks to global energy supplies, coupled with concerns regarding AI-related capital expenditures, continued to dominate the narrative for global markets. This backdrop unfolded against the escalating U.S.-Iran conflict and a significant sell-off in technology stocks on Wall Street on Thursday. Brent Crude closed above 100 on Thursday, while the tech-heavy Nasdaq Composite experienced a … Read more
The sentiment in the cryptocurrency market, which recently appeared to be closely tied to the shifts in the global AI trade, has once again returned to experimenting with monetary policy, interest rates, and the battle against inflation. An ongoing surge in crude oil prices, driven by interruptions in oil transport through key waterways, is leading … 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 are experiencing a slight uptick as global markets strive to rebound from a technology sell-off prompted by concerns regarding potential interest rate increases by the Federal Reserve and corporate investments in Artificial Intelligence. The strength of the Dollar persisted in dampening sentiment. BTC fluctuated within a range of $63,024 to $61,893 over the last … Read more
Cryptocurrencies are facing a minor decline as markets react to potential interest rate hikes from the Federal Reserve, while also showing relief following the recent signing of the U.S.-Iran peace agreement intended to address the Middle East conflict. BTC fluctuated within a range of $66,354 to $63,637 over the last 24 hours. Overall, the crypto … Read more
Bitcoin climbed to its highest level in nearly two weeks after the US and Iran said they reached an agreement to end hostilities and reopen the Strait of Hormuz. The original cryptocurrency rose nearly 3 per cent in early Asia trading Monday and was around $65,400 at 9:30 a.m. in Singapore. Ether, the second-largest token, … 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 overall crypto market capitalization experienced a drop of more than one percent in the past 24 hours, as traders reacted to the escalating geopolitical tensions in the Middle East. The decline of the token, along with reports of a $292 million exploit related to KelpDAO, has adversely affected market sentiment. Markets took in the … Read more
Solana’s price has faced challenges in maintaining its position above the $90 threshold and has initiated a new downward trajectory, reflecting the trends observed in Bitcoin and Ethereum. SOL has fallen below the $88 and $86 levels. The bears have pushed the price down to almost $82. A low was set at $82.92, with the … Read more
Solana is facing significant pressure in the $75–$78 range, a crucial level where the tug-of-war between buyers and sellers is intensifying. While short-term momentum has shown signs of weakening, this zone remains a crucial support level that could elicit a significant response if it is upheld. Despite the downside risk, the broader outlook still presents … Read more