Articles for tag: altcoin losses, Bitcoin, Bybit hack, cryptocurrency decline, investor confidence, market uncertainty, trade tariffs

Market News

Bitcoin Slides Below $90,000: Understanding the Crypto Selloff and Market Trends

Bitcoin has plummeted below $90,000, marking its lowest point since mid-November, following a significant rally after Donald Trump’s election. The cryptocurrency’s decline, reaching around $88,997, is attributed to Trump’s trade tariffs and broader economic uncertainties. Alongside Bitcoin, other cryptocurrencies like Ether and Solana have also seen sharp losses. The downturn follows a series of setbacks ...

Market News

Reasons Behind the Declining Value of Bitcoin Runes in Today’s Market

Recent data reveals a steep decline in Runes transactions on the Bitcoin network, now accounting for just 1.67% of daily activity. This is a sharp drop from the over 50% share observed from April to November. Daily fees for Runes transactions have also plummeted below $250,000, indicating reduced interest. Factors contributing to this trend include ...

Market News

DOGE Demand Plummets $15B as Bitcoin Rallies: What You Need to Know

Dogecoin’s price has dropped below $0.40, falling 15% in the last week, even as Bitcoin reached new all-time highs. The trading volume for Dogecoin has significantly declined, hitting a 40-day low of $5.29 billion, a drop of $14.84 billion since December 6. This decline indicates waning interest among traders, as seen in the drop in ...

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