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    Crypto Price Today: Bitcoin surges 3%; Altcoin XRP, Etherium, others jump up to 11%. Here’s why

    Bitcoin (BTC) has experienced a significant surge of over 11% in the past seven days, leading to substantial gains for major altcoins like Etherium (ETH), BNB, Tether, XRP, Dogecoin, Cardano, Tron, Avalanche, and Shiba Inu. However, Toncoin has bucked the trend, experiencing a decline of over 1%.

    Cryptocurrency price on July 11: Bitcoin falls below $58k; Avalanche, Toncoin tank up to 5%

    Crypto markets dropped 1.4% with Bitcoin, Solana, and Ethereum declining, while BNB, XRP, Cardano, and Tron rose up to 3%.

    Bitcoin rises above $59k amid growing bets on imminent US rate cuts

    Cryptocurrencies have rallied on the back of growing expectations of a Fed easing cycle likely to commence in September, with Powell saying on Tuesday that the U.S. is "no longer an overheated economy". However, he provided little clues on how soon those rate cuts could come.

    Cryptocurrency price on July 8: Bitcoin slips below $56k, Solana, NEAR Protocol decline up to 7%

    Cryptocurrency markets saw a decline with Bitcoin, Ethereum, and Solana leading the drop. The global market cap fell to $2.04 trillion in the last 24 hours. Analysts suggest potential further dips due to various factors.

    Euro eases on French poll gridlock, dollar sluggish after US payrolls

    Euro slipped post-French election with a hung parliament favoring left-wing alliance and Macron. Le Pen’s party lagged. Weak U.S. payrolls hurt dollar, upping Fed cut odds. Yen rose to 160.70 yen, sterling hit a 3-1/2-week top post-Labour Party win. Bitcoin fell amid Mt. Gox woes; dollar index at 104.97 amid CME Group’s Fed cut odds.

    High-priced S&P 500 powers ahead untroubled by political stress

    The S&P 500 experienced a 2% increase over the week, marking its most significant gain since April. This rise was driven by data indicating a contraction in the services industries and an increase in the unemployment rate, which bolstered hopes for rate cuts. Ten-year Treasury yields, which had initially surged following President

    The Economic Times
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