U.S. stocks are experiencing a sharp decline, dragging Bitcoin down with them. The Nasdaq is down 1.7% and the S&P 500 by 1.2%. After reaching nearly $85,000, Bitcoin has fallen back to around $81,000, marking a 1% drop in the last 24 hours. In contrast, gold is thriving, climbing 1.5% to near a record high ...
Bitcoin fell below $80,000 on Monday, marking a 5% decrease to $78,714.96, its lowest price since November. This decline was influenced by ongoing selling in the stock Market and mounting bearish sentiments. Crypto companies also faced losses, with Coinbase dropping 14% and Robinhood falling 17%. Bitcoin exchange-traded funds reported $867 million in outflows last week, ...
Donald Trump’s cryptocurrency, called $TRUMP, has dramatically lost value, with investors facing a $12 billion loss. Launched shortly before his second inauguration, the coin’s Market cap soared to $15 billion but has since plummeted to around $2.48 billion. This drop aligns with a broader decline in the cryptocurrency Market, where major coins like Bitcoin and ...
Bitcoin’s recent performance has turned bearish after a significant drop of 12.6% early this week, marking the largest decline since the FTX bankruptcy. This decline follows investor disappointment over unmet promises from the government regarding Bitcoin reserves and liquidity. With weakened institutional demand, Bitcoin faces additional pressure from the Nasdaq index. Analysts suggest that Bitcoin’s ...
The Independent focuses on delivering important news stories, from reproductive rights to climate change. They emphasize the need for reliable journalism, especially during critical times like now. Supported by donations, The Independent aims to keep journalists on the ground, ensuring they report from various perspectives without paywalls limiting access to quality news. Recently, the Bitcoin ...
The cryptocurrency Market is experiencing significant declines, with Bitcoin dropping to a three-month low of below $88,000. Factors contributing to this downturn include negative sentiment in traditional financial markets, a rise in memecoins like TRUMP and LIBRA, and ongoing concerns about the U.S. economy. Additionally, the absence of promised actions from former President Trump, such ...
On February 24, PANews reported that the crypto Market is experiencing a decline, particularly in the AI Agents sector, which dropped by 5%. However, Ethereum (ETH) showed resilience, rising by 0.58% due to events like the Ethereum Ecosystem Conference. In the AI Agents sector, notable declines were seen with ai16z down 5.10%, Fartcoin down 5.64%, ...
On February 24, PANews reported a decline in the crypto Market, particularly in the AI Agents sector, which dropped by 5%. Notable losses were seen in ai16z, Fartcoin, and Turbo, while AIXBT surprisingly rose by 4%. Despite the overall dip, Ethereum (ETH) held its ground with a 0.58% increase, partly due to the Ethereum Ecosystem ...
Bitcoin has fallen below $100,000, currently trading at $98,754, after peaking at $109,478 earlier this month. This decline reflects investor apprehension ahead of the Federal Reserve’s interest rate decision and concerns about tariffs. Other cryptocurrencies like Ethereum and XRP have also seen similar drops. While some believe President Trump’s interest in cryptocurrencies signals a growing ...
The recent decline in the AI Agent sector is attributed to the rise of DeepSeek, a new LLM that some believe could disrupt existing AI agents. While many tokens experienced significant drops, discussions suggest that DeepSeek may reshape the landscape of AI solutions. However, experts argue that the development of new LLMs won’t necessarily replace ...
