On Tuesday, Bitcoin and Ether experienced significant price gains, signaling a recovery in the cryptocurrency Market. Bitcoin surged by almost 6.79%, nearing $94,000, while Ether jumped 11% to $1,175. This price increase coincided with positive news about U.S.-China trade relations and comments from President Trump easing concerns about tariffs and the Federal Reserve. The rise ...
Bitcoin has recently crossed the $85,000 mark, indicating that bullish investors are aiming to establish a higher price floor at $83,000. However, Market movements remain influenced by developments related to US tariffs and the trade tensions with China. In contrast, gold has performed well amid economic uncertainty, attracting significant investment, which contrasts with underwhelming inflows ...
Bitcoin experienced a slight increase of 1.6%, trading close to $85,000 as the Market reacts positively to trade news. Ether also saw a 2.7% rise to $1,630. The overall crypto Market, represented by the CoinDesk 20 Index, rose 1.2%, with Solana and Avalanche leading the gains. This recovery follows a period of volatility in the ...
Bitcoin is gaining momentum, recently surpassing $82,500, but could face resistance around $84,000. If it breaks this barrier, analysts suggest it could reach $96,000. Despite the ongoing trade tensions between the U.S. and China, Bitwise remains optimistic, maintaining its year-end target of $200,000 for Bitcoin. In the short term, caution prevails as Bitcoin exchange-traded funds ...
In the past 24 hours, over $840 million in long positions were liquidated in cryptocurrency futures, primarily due to a significant drop in Bitcoin’s price, which fell below $77,000. Bitcoin traders incurred losses of more than $322 million, while Ether traders lost nearly $290 million. Altcoins also suffered with approximately $400 million in liquidations, particularly ...
Bitcoin recently dropped below the $79,000 mark, declining 4% to $78,835.07 as investors reacted to significant volatility in the financial markets after President Trump’s new global tariffs. This marks a stark drop from its earlier position above $80,000 and is about 34% lower than its all-time high from January. Other cryptocurrencies, such as Ether and ...
Bitcoin and other cryptocurrencies faced significant declines on Thursday following President Trump’s announcement of new tariffs, which unsettled the stock Market. Bitcoin dropped 4%, trading at $82,413.22, while Ether and Solana fell 7% and 13%, respectively. The tariffs, ranging from 10% to higher for certain countries, sparked fears of an escalating trade war. As the ...
Shares of Coinbase Global and other cryptocurrency-related companies faced a significant drop this quarter due to rising concerns about the US economy, impacting digital assets. Coinbase experienced a staggering 31 percent decline, marking its worst quarterly performance since the collapse of FTX in late 2022. Major crypto stocks, including Galaxy Digital and mining firms like ...
Shares of Coinbase Global and other cryptocurrency-related companies suffered significant losses this quarter, primarily due to growing concerns about the US economy. Coinbase experienced a staggering 31 percent drop, marking its worst quarterly performance since the collapse of FTX in late 2022. Other major crypto stocks, like Galaxy Digital Holdings, also fell sharply, with Bitcoin ...
As uncertainty looms over the economy, investors are questioning the stability of cryptocurrencies like Bitcoin and Ether. The upcoming political landscape, shaped by tariffs and fears of stagflation, leaves many wondering if these digital currencies will thrive in 2025. Recent Market trends show a correlation between Bitcoin and stock prices, but predicting their future remains ...
