In the latest crypto Market updates, trading volume surged by 42% to $87.2 billion, despite a 2% drop in overall Market capitalization. Bitcoin remains steady below $85,000, with gold prices climbing to $3,000, impacting investor sentiment. Major developments include the launch of Solana futures ETF and Ethereum’s “Hoodi” updates, which have sparked interest in the ...
In the latest crypto Market updates, trading volume surged by 42% to $87.2 billion, even as Market capitalization saw a slight decline of 2%. Bitcoin remains stagnant below $85,000, influenced by a gold rally reaching $3,000 ahead of the US Federal Reserve’s rate decision. Notable developments include the launch of Solana futures ETFs and Ethereum’s ...
Bitcoin opened the week with a 2% decline, trading just over $83,300 after hitting resistance at $84,000. This drop contributed to a broader Market decline, with major cryptocurrencies like XRP, Solana, Cardano, and Dogecoin falling up to 5%. The overall cryptocurrency Market has been cautious following recent U.S. tariffs and concerns about a possible recession. ...
Bitcoin is currently facing challenges in maintaining its value above the $80,000 mark, with analysts noting the need for a weekly close over $81,000 to show strength. While some experts express caution about the Market‘s indecision, others suggest that historical trends indicate potential price increases in upcoming months. Alongside Bitcoin, various altcoins like BNB, Toncoin, ...
In a recent podcast, Mike Fay shares insights on the current volatility in the cryptocurrency Market. He discusses how Bitcoin is behaving like a risky asset tied to US equities rather than a safe haven, as concerns about utility loom amidst Market fluctuations. Fay addresses the influence of political initiatives on crypto sentiment and ranks ...
In a recent episode of the Investing Experts podcast, Mike Fay discusses the current volatility in the crypto Market and how it correlates with U.S. equities. He highlights the impact of new initiatives, like Bitcoin ETFs and varying cryptocurrencies such as Solana and Ethereum, emphasizing long-term bullish sentiment despite short-term uncertainties. Fay suggests careful capital ...
Bitcoin experienced a bounce from $76,606 on March 11, but couldn’t hold above $84,500 on March 12, leading analysts to suggest it’s in a macro correction, with critical support expected between $71,000 and $72,000. Recent sell-offs have mainly come from short-term holders. Meanwhile, the US Dollar Index has dropped, which typically favors Bitcoin. In price ...
The cryptocurrency Market has seen a drop in capitalization to $2.75 trillion, following a 4% decline on Tuesday. Ethereum, Dogecoin, and Chainlink are among the biggest losers in the top 20 assets. A $930 million Bitcoin transfer from the now-defunct Mt. Gox exchange raised concerns about a potential sell-off, leading to Bitcoin’s price falling to ...
MicroStrategy, led by Michael Saylor, aims to raise $21 billion through a unique program to buy more Bitcoin. They will sell preferred stock, which offers an 8% dividend, and these shares can be converted into common stock. This approach allows them to time the Market wisely and avoid overwhelming it with shares. Currently, the company ...
Bitwise’s chief investment officer, Matt Hougan, suggests that US President Donald Trump’s proposed crypto reserve will primarily consist of Bitcoin, despite initial inclusion of other altcoins like Solana, XRP, and Cardano. Market reactions have been mixed, with concerns that the diverse range of assets complicates the plan. While Bitcoin’s price surged initially, it later dipped ...
