Cryptocurrency prices fell on Friday, reversing earlier gains, after a significant $1.4 billion outflow from the Bybit exchange raised security concerns. Bitcoin dropped close to $97,000, down from around $100,000, while ether fell nearly 4%, dipping below $2,700. This sudden price decline led to the liquidation of around $100 million in leveraged trading positions, primarily ...
After President Trump’s inaugural speech, the cryptocurrency Market reacted negatively, with his meme coins plummeting by up to 60%. Traders had anticipated a mention of digital assets, but the absence of any crypto discussion led to a significant drop in Bitcoin’s value, falling from over $109,000 to just above $101,000. Despite this, there’s still hope ...
Bitcoin’s recent drop of $10,000 to $92,000 has raised concerns about the end of its bull run, particularly as it struggles to stay above the important psychological barrier of $100,000. Reports indicate that the U.S. Department of Justice may liquidate 69,370 BTC, worth around $6.5 billion, seized from the Silk Road marketplace. However, experts suggest ...
A well-known crypto analyst is warning that the cryptocurrency Market might still be in for more corrections. Kaleo, who has a large following on social media, suggests that significant price rallies for Bitcoin and other digital currencies may not happen until they drop to lower levels first. He advises his followers to take advantage of ...
On Thursday, cryptocurrency prices continued to fall after a significant Market downturn the previous day, influenced by Federal Reserve Chair Jerome Powell’s comments on interest rate cuts for the upcoming year. Bitcoin, which attempted to recover above $100,000, dropped to the low $97,000s and further declined to below $96,000, marking a 4.8% decrease in 24 ...
