The cryptocurrency Market is experiencing a significant downturn, with traders selling off assets and causing a drop of over $160 billion since Friday. Factors like Trump’s tariff threats and global economic uncertainties are contributing to this sell-off, leaving investors unsure about the next potential Market rally. However, historical trends suggest that April can be a ...
The cryptocurrency Market is facing a significant downturn, with traders selling off digital assets, resulting in a loss of over $160 billion in Market capitalization since Friday. Factors contributing to this sell-off include mounting global economic concerns and former President Trump’s tariff threats, alongside a lack of new positive catalysts. However, April historically shows promise ...
Concerns about a global trade war are affecting both traditional and cryptocurrency markets as investors anticipate potential tariff announcements from US President Donald Trump on April 2. This announcement could significantly impact Bitcoin’s price trend for the month. Following previous tariff introductions, Bitcoin prices dropped 18%, while the S&P 500 fell over 7%. Recent reports ...
A Bitcoin-only executive warns that once a cryptocurrency exchange lists its first altcoin, it risks entering a never-ending cycle of launching memecoins. River Financial CEO Alex Leishman emphasizes that adding any non-Bitcoin token ties exchanges to the volatility of the memecoin Market. He expresses disinterest in creating a “crypto casino,” arguing that these multi-asset platforms ...
Bitcoin experienced a 7% drop in value, falling from $88,060 to $82,036, resulting in $158 million in liquidations for long positions. This decline coincided with gold reaching a record high, challenging Bitcoin’s status as “digital gold.” However, experts anticipate a potential Bitcoin rally as various governments work to prevent an economic crisis. Despite recent outflows ...
Predicting Bitcoin’s value in the next five years is challenging, mainly due to its volatility. Instead of making guesses, it’s better to consider the factors that could influence its price. Recent developments like the introduction of Bitcoin ETFs have made investing easier, potentially driving demand. However, economic uncertainties, including the possibility of a recession and ...
The rise of cryptocurrency has become a crucial topic in America, especially with links to Donald Trump’s recent presidential campaign. Initially seen as a complicated digital currency system, understanding crypto is now essential to grasp the evolving political landscape. Trump has embraced this new financial frontier, enabling significant gains for himself and his supporters while ...
$12 billion worth of Bitcoin options contracts are set to expire tomorrow, marking one of the largest expiries on the Deribit exchange. Despite this significant event, Deribit’s CEO Luuk Strijers anticipates stable Market conditions and low volatility. Currently, there’s a notable amount of open interest on the exchange, with the put/call ratio slightly leaning pessimistic. ...
Gracy Chen, CEO of Bitget, has criticized Hyperliquid for its recent actions regarding the JELLY token incident, warning it could lead to a situation akin to “FTX 2.0.” On March 26, Hyperliquid delisted perpetual futures for JELLY after discovering suspicious Market activity and promised user reimbursements. Chen highlighted concerns about Hyperliquid’s centralization, stating it operates ...
On Wednesday, Bitcoin’s price is stable around $87,000, having recovered 4% in the past few days. Ethereum is showing signs of recovery, finding support at $1,861, while Ripple’s XRP is trading at $2.44 after bouncing back from its 100-day EMA. If Bitcoin maintains support above its 200-day EMA, it could touch $90,000 soon. Ethereum may ...
