bitcoin
Cryptocurrency Prices on August 27: Bitcoin falls below $63,000; Dogecoin, Chainlink drop up to 4%
Stablecoins currently dominate the crypto market, accounting for a significant 92.98% of the total 24-hour trading volume at $61.7 billion. Bitcoin, despite a market cap dip to $1.242 trillion, still holds a 56.26% dominance. Its trading volume surged by 43.6% to $28.15 billion in the last 24 hours.
Nasdaq seeks SEC approval for bitcoin index options
Nasdaq is awaiting regulatory approval to launch and trade options on a bitcoin index. This move would provide institutional investors and traders an alternative way to hedge their exposure to bitcoin. The options would track the CME CF Bitcoin Real-Time Index, supplementing the recently launched leveraged ETFs tied to bitcoin.
Cryptocurrency Prices on August 30: Bitcoin slips below $60,000; Altcoins decline up to 4%
Major cryptocurrencies declined on Friday, with Bitcoin below $59,500 and altcoins like XRP and Solana dropping. The global market cap fell 1% to $2.08 trillion amid regulatory and earnings concerns.
Bitcoin struggles to match global market recovery trends
After a periodic scare, the global markets have adopted an upward momentum, showcasing signs of recovery from previous lows. However, while other markets (equity for example) show resilience based on the expectation of a Federal rate cut, the crypto market is yet to register a prolonged upward boom.
Cryptocurrency Prices on August 23: Bitcoin trades above $61,200 ahead of Fed Chair Jerome Powell's speech in Jackson Hole
Major cryptocurrencies rose on Friday ahead of Federal Reserve Chair Jerome Powell's Jackson Hole speech. Bitcoin and Ethereum gained 0.55% and 1.5%, respectively. Traders expect positive signals on rate cuts, boosting crypto. The global crypto market cap increased by 1% to $2.17 trillion.
Cryptocurrency Prices on August 29: Bitcoin trades near $60,000 ahead of key US economic data
Cryptocurrencies rose on Thursday ahead of key U.S. GDP and job data. Bitcoin gained nearly 1% to $59,724, while Ethereum rose 3.6% to $2,557. Market cap increased to $2.1 trillion.
Cryptocurrency Prices Today: Bitcoin drops to $59,000 level; Major altcoins decline
Shivam Thakral, CEO of BuyUcoin, explained, "Bitcoin’s drop below $60,000 and Ethereum's nearly 7% fall were driven by a wave of liquidations totaling over $300 million. This was sparked by investor uncertainty and a general market downturn. Despite this setback, the long-term outlook remains positive due to strong fundamentals and ongoing institutional interest."
Balancing risk in crypto trading: The iron condor approach
Crypto expert Saketh Ramakrishna discussed the Iron Condor strategy on ETMarkets, highlighting its effectiveness in managing Bitcoin's volatility and comparing it to traditional market strategies.
Cryptocurrency prices on August 20: Bitcoin, Ether surge up to 4% on bets for dovish Fed
On Tuesday, Bitcoin and Ether prices surged up to 4% amid hopes for rate cuts from the Federal Reserve. Investors eagerly awaited insights from the Fed's July meeting minutes and Jerome Powell’s speech at the Jackson Hole Symposium.
Cryptocurrency Prices on August 26: Bitcoin holds near $64,000; Altcoins show mixed trends amid rate cut speculation
Bitcoin (BTC) and Ethereum (ETH) saw slight declines to $63,650 and $2,730, respectively, after nearing $65,000 and $2,900 over the weekend. This shift followed comments from U.S. Federal Reserve Chair Jerome Powell on potential rate cuts.
Cryptocurrency prices on August 19: Bitcoin falls below $58,700; Altcoins trade mixed
On Monday, Bitcoin fell 1.6% to $58,652, whereas Ethereum gained 0.5% to $2,620. Market experts mentioned uncertainty and selling pressure affecting Bitcoin's performance.
Cryptocurrency Prices on August 22: Bitcoin rises above $60,700 on US rate-cut bets; Ethereum gains
Bitcoin and Ethereum surged after Federal Reserve minutes hinted at possible interest rate cuts in September.Market participants are now awaiting U.S. jobless claims data and Fed Chair Powell's comments at the Jackson Hole Economic Symposium.
Cryptocurrency prices on August 16: Bitcoin trades flat at $58,400; Altcoins mixed
Cryptocurrency prices showed mixed trends today, with Bitcoin, Ethereum, BNB, Solana, and XRP trading slightly higher, while Toncoin, Dogecoin, Avalanche, Shiba Inu, and Polkadot traded marginally lower.
More hedge funds buy Bitcoin ETFs on institutional demand
Hedge funds, pensions, and banks invested significantly in Bitcoin-focused ETFs as the asset gained mainstream acceptance with the help of US regulators. Major players like Millennium Management and other firms from around the world engaged. The funds experienced a net inflow of $17 billion this year, bolstered by BlackRock's $20 billion IBIT.
Cryptocurrency Prices on August 21: Bitcoin drops below $60,000; Ethereum, Litecoin fall up to 4%
Cryptocurrencies saw notable declines, with Bitcoin dropping by 2.3% and Ethereum falling by 2.8%, ahead of key U.S. economic data. Anticipated policy moves and labor data revisions could influence market directions. Experts suggested potential rallies for Bitcoin if jobless claims decrease, while other major cryptocurrencies like BNB and Solana also faced downturns.
Bitcoin trades steady amid a week packed with data releases
Bitcoin remained within the $58,000 to $59,000 range amid significant economic data and geopolitical tensions. Investors monitored Consumer Price Index figures, retail earnings, and geopolitics. Key support for Bitcoin was $56,300, with resistance at $58,660. Ethereum faced challenges above $2,400. Goldman Sachs purchased $418 million in Bitcoin ETFs, highlighting increasing institutional adoption.
Cryptocurrency Prices on August 14: Bitcoin rises 3% to $61K after soft US PPI data
As of 1:12 pm IST, Bitcoin (BTC) increased by 2.85% in the last 24 hours, trading at $60,948. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, rose by 2.65%, trading at $2,724.
Navigating Uncertainty: Insights on trading in a volatile crypto market
During an ETMarkets live stream, experienced crypto trader Saketh detailed strategies for managing the volatile cryptocurrency market. He emphasized technical analysis and liquidity considerations, distinguishing genuine recoveries from temporary rebounds. Saketh's approach involves strategic trade placement and adjustments based on market trends. Traders were advised to stay cautious and adaptable.
Cryptocurrency Prices on August 8: Bitcoin rises above $57,000; XRP jumps 20% after SEC lawsuit resolution
"The crypto market remained neutral to slightly bearish, with ETH underperforming BTC. The market is expected to remain sideways for a couple of days as there are no significant macro events this week, and it typically enters a consolidation phase after substantial moves," said CoinDCX Research Team
Cryptocurrency price on August 7: Bitcoin trades near $57,000; Solana, Toncoin jumps up to 7%
On Tuesday, the cryptocurrency market showed mixed trends. Bitcoin climbed 1.8% to $56,829, and Solana surged nearly 7% to $151. However, Ethereum and other major tokens saw declines. The overall market cap rose by 1.25% to around $2.01 trillion, reflecting a market recovery. Analysts highlighted improving sentiment but advised cautious optimism.
Bitcoin, Ether prices surge up to 10% following US jobless claims data
Bitcoin and Ether prices surged after a drop in US jobless claims, easing labor market concerns. Federal Reserve actions and new Russian cryptocurrency legislation contributed to market optimism. Bitcoin rose 6.4% to $60,908, and Ether climbed 10.3% to $2,689, with other cryptocurrencies also recording gains.
Bitcoin plunges to multi-month lows, wiping out over $220 billion in value amid recession fears
Bitcoin (BTC) plunged to multi-month lows on Monday, falling over 14% in 24 hours amid US recession fears and disappointing economic data. This drop reduced Bitcoin’s market value by around $220 billion and led to a 15.9% decline in the global crypto market cap, now at $1.81 trillion.
Bitcoin surges 4% to over $67,000 ahead of Trump's speech at Bitcoin Conference in Nashville
At 12:30 am IST, Bitcoin (BTC) was trading 4.3% higher at $67,060, while Ethereum surged over 3% to $3,265. Meanwhile, the global cryptocurrency market cap rallied by 3.53% to around $2.4 trillion in the last 24 hours.
Will Indian investors become impacted if the US became the world’s Bitcoin superpower?
Since Bitcoin was released, it has grown rapidly to become the top new asset class in the world. While world governments did not perceive it as a financial changemaker asset at first, the significant adoption rates globally have forced them to think otherwise
Bitcoin falls below $64,000 amid global equity slump and geopolitical tensions
Weak US manufacturing data pushed global equities lower on Thursday. The data raised doubts about the US economy and dimmed the widespread optimism about potential Federal Reserve interest rate cuts in September.
Bitcoin hits six-week high in wake of Trump’s pro-crypto speech
Bitcoin hit its highest point since mid-June after Donald Trump expanded his pro-crypto plans, vowing to make the US a 'crypto capital' if re-elected. Anticipation of US Federal Reserve interest-rate cuts further lifted market sentiment. Bitcoin reached $69,462, while smaller tokens like Ether and Dogecoin also saw gains.
Bitcoin, Ether surge over 9% as global markets bounce from brutal sell-off
US economic data released on Monday suggested that a recession isn't imminent. The July ISM Services PMI exceeded economists' expectations, registering at 51.4% (up from 48.8 in June and matching the forecast of 51.4), indicating sector expansion for the 47th time in 50 months. The inflation gauge within this data also surprised to the upside, further easing recession concerns.
How Ethereum ETFs can drive crypto adoption? Mudrex CEO explains
Ethereum ETFs emerged as key tools for integrating digital assets into mainstream finance. Edul Patel from Mudrex discussed their potential to connect traditional markets with cryptocurrencies, attracting institutional investors with regulatory assurances. The anticipated market impact includes an influx of $20 to $25 billion, enhancing Ethereum's prominence in the financial sector.
Cryptocurrency price on July 30: Bitcoin drops below $67,000; Avalanche, Solana tank over 4%
Bitcoin fell after nearing $70,000, erasing gains from Trump's pro-crypto speech due to the US transferring $2 billion Silk Road tokens. Major altcoins like Ethereum and Dogecoin also declined.
Bitcoin, ether hit multi-month lows as recession worries take hold
Bitcoin and ether hit multi-month lows on Monday as fears of a U.S. recession led investors to seek safer assets. Bitcoin fell 13%, and ether dropped 17%, hitting their lowest points since February and mid-January. Shares of crypto-related companies, including Coinbase and Riot Platforms, experienced notable declines.
Bitcoin surges over 3% to $69,600 following Trump’s crypto-friendly speech in Nashville
Bitcoin News: Cryptocurrency markets rose after former President Donald Trump’s speech at the Bitcoin Conference in Nashville. Trump announced intentions to establish the US as a crypto hub if re-elected. Bitcoin and other altcoins experienced substantial growth, reflecting investor optimism.
Cryptocurrency Prices on August 13: Bitcoin trades near $59k ahead of US inflation data; Altcoins mixed
Bitcoin and Ethereum traded higher on Tuesday, ahead of key U.S. economic data releases that could influence the Federal Reserve's policy decisions.
A Step-by-Step Guide: How to Convert Bitcoin & crypto to Cash
Learn how to convert Bitcoin and crypto to cash. Explore methods like exchanges, P2P platforms, and Bitcoin ATMs for easy BTC to INR conversion. Secure and simple!
Cryptocurrency price on August 1: Bitcoin falls below $65,000; Solana, XRP drop up to 8%
Overnight, the US Federal Reserve maintained its key interest rate at 5.25–5.5% for the eighth consecutive time, as expected, while signaling the possibility of a rate cut in its next meeting in September. The Federal Open Market Committee's unanimous decision reflects a continued wait-and-watch approach as it monitors inflation trends.
Trump cites China competition in vowing to create bitcoin 'stockpile'
Speaking at the Bitcoin 2024 convention in Nashville, Trump positioned himself as the pro-cryptocurrency candidate ahead of the Nov. 5 presidential election, saying he would make the U.S. the world's cryptocurrency leader and embrace friendlier regulations than likely Democratic nominee Vice President Kamala Harris.
How 2024 became a crypto election
The article explored how cryptocurrencies have unexpectedly influenced politics, especially as they haven't replaced conventional money. Their complex nature has attracted speculative investment and political backing, predominantly from Republicans. The Biden-Harris administration seeks to regulate cryptocurrency like securities, but the GOP platform resists this, promising to support and boost the cryptocurrency industry.
Mudrex announces Rs 10 crore Bitcoin Airdrop ahead of Independence Day
Mudrex, a Y-Combinator-backed global crypto investment platform, announced on Thursday the launch of its Independence Day Airdrop Campaign.
Bitcoin trades near $66,000 ahead of US Fed meeting outcome
Central banks are the focal point for investors on this action-packed Wednesday, with the Federal Reserve's decision anticipated later in the day. While markets expect the U.S. central bank to maintain current rates, a 25 basis point cut in September is fully priced in, with roughly 68 basis points of easing expected for the year.
Bitcoin drops to $64,000 amid global equity sell-off
Cryptocurrency markets experienced significant declines as global tech stock slumps pushed investors toward safer assets. Bitcoin and Ethereum dropped sharply, with the overall crypto market cap falling to $2.31 trillion.
Cryptocurrency price on July 24: Bitcoin falls below $66,000; Avalanche, Dogecoin drop up to 4%
Cryptocurrency markets saw a decline with Bitcoin, Ethereum, Solana, and Dogecoin leading the drop. Mt. Gox creditors received $9 billion in BTC. Bitcoin and Ethereum faced volatility. Altcoins like Solana and Dogecoin declined while BNB and XRP surged. Market cap at $2.39 trillion.
Cryptocurrency price on July 23: Bitcoin holds above $67,000 level; Avalanche, Polkadot decline up to 5%
On Tuesday, Bitcoin, Solana, and Dogecoin fell up to 5%, while Ethereum, XRP, and Polygon rose 1.5%. The crypto market cap dropped 0.13% to $2.44 trillion. Bitcoin neared $67,000, with $68,420 resistance. Stablecoins volume reached $67.9 billion. Bitcoin's market cap fell to $1.321 trillion due to profit booking and US dollar strength.
Cryptocurrency price on July 22: Bitcoin hits $68,000 level, Dogecoin, Avalanche surge up to 11%
Bitcoin, Solana, and Dogecoin led a positive crypto market movement. Bitcoin reached $68,450, eyeing $70,000, supported by Ethereum ETFs launch. President Biden's re-election decision influenced the market. Stablecoin volumes rose. Bitcoin whales slowed selling. BNB, Avalanche, Tron, and Chainlink surged, while Ethereum declined. Key Bitcoin support levels noted by ZebPay. Bitcoin ETFs saw net inflows, RSI positive.
US-listed crypto stocks retreat following Trump-fueled spike
Bitcoin's price drop after hitting $70,000 led to a decline in shares of New York-listed crypto firms. Earlier, these stocks had risen due to Donald Trump's favorable speech on cryptocurrency regulation. His promises were celebrated, though analysts urged caution. The volatility of bitcoin remains a concern, as noted by the SEC.
Hong Kong to launch Asia's first inverse bitcoin ETF
Asia's first inverse bitcoin exchange-traded fund that allows investors to bet on a fall in the cryptocurrency, is set to debut in Hong Kong on Tuesday.
How regulations impact Crypto trading and investment
The SEC and EU have implemented significant regulatory measures, while countries like India still operate without specific crypto regulations.
Cryptocurrency price on July 19: Bitcoin holds above $64,000 level, Altcoins trade mixed
Cryptocurrencies traded mixed on Friday with Bitcoin down 0.9% and Ethereum up. The global market cap dropped 0.8%. Bitcoin consolidates around $63,000, briefly hitting $65,000.
Bitcoin rises on strong US economic data and anticipation of Trump’s Nashville speech
The mid-week brought a downturn, with Bitcoin falling back to the $64,000 level. This decline was partly driven by disappointing earnings reports from major tech companies like Alphabet and Tesla. As tech stocks tumbled, the ripple effect was felt in the cryptocurrency space. Another factor contributing to the mid-week slump was the continued selling pressure from Mt. Gox creditors
Cryptocurrency price on July 18: Bitcoin falls below $65,000 level; Shiba Inu, XRP tank up to 11%
The decline wasn't limited to just a few altcoins and meme coins. BNB dropped by 1.5%, Solana by 2%, XRP by 6.9%, Toncoin by 1.2%, Dogecoin by 4.3%, Cardano by 1.6%, Avalanche by 4.4%, Shiba Inu by 11%, Polkadot by 4.2%, Chainlink by 4.4%, and NEAR Protocol by 3.5%.
Cryptocurrency price on July 16: Bitcoin holds at $63,000 level, Altcoins trade mixed
Major crypto tokens had a mixed day with some recording gains and others facing losses. Bitcoin and Ethereum remained stable, with Bitcoin briefly touching $65,000.
First Bitcoin and now ETH ETFs: Where is the market headed next?
Kaiko projects Ethereum's spot ETFs to surpass Bitcoin, aiming for $5,000 by 2024 with ETH trading near $4,000. The TVL, led by Arbitrum, is $47 billion. The Pectra upgrade and EIP-3074 will enhance wallet recovery. VanEck foresees a $1 trillion Layer 2 valuation. January's Bitcoin ETFs attracted $50 billion, boosting Ethereum investments and legitimacy.
US spot ether ETFs make market debut in another win for crypto industry
U.S. ether ETFs debuted with $1.07B traded. Leading volumes: Grayscale ($450M), iShares ($245M), Fidelity ($137M). Enhancing market legitimacy, potentially reducing volatility. Ether prices dipped. Fees: 0.19% to 2.5%. SEC Chair Gensler cited Grayscale's influence. Projections: $1B monthly inflows. Staking excluded.
Bitcoin rises to $63,000 after Trump attack; Altcoins jump up to 6%
The cryptocurrency market surged after an assassination attempt on Trump at a Pennsylvania rally. Bitcoin rose 4.7% to $63,000, Ether 4.9% to $3,350, and other cryptos gained. Trump's pro-crypto stance, spotlighted in June, influenced markets. Biden challenges him. ZebPay reported increased BTC volume. Stablecoin volume hit $52.9 billion, boosting Polkadot and Shiba Inu.
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%.
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%.
Bitcoin jumps above $57K as markets hope for dovish stance from Powell
Bitcoin was trading 2.7% higher at $57,268, while Ethereum surged 5.3% to $3,071. Other prominent cryptocurrencies, including BNB, Solana, XRP, Toncoin, Dogecoin, Cardano, Tron, Shiba Inu, Polkadot, and Polygon, surged by up to 7%.
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.
Spot ether ETFs likely to begin trading July 23, industry sources say
The U.S. SEC approved ether ETFs by BlackRock, VanEck, and Franklin Templeton starting July 22. Ether's price increased to $3,433.07. SEC Chair Gary Gensler cited similarities to bitcoin ETF approval. Analysts predict $1 billion monthly inflows; Galaxy Research forecasts more volatility due to ether's $359 billion market value. Initial low hopes transformed with $33.1 billion in net inflows.
Bitcoin hits $60,000 as Trump shooting boosts re-election odds
Bitcoin rose as much as 2.7% to $60,160.71 as of 1:05 a.m. in New York. The most-traded crypto token had stabilized in recent days on optimism that ETFs from titans including BlackRock Inc. and Fidelity Investments offer the type of bedrock demand that can temper price swings.
20% fall from peak followed by 7% retracement. What charts tell about Bitcoin’s future trajectory
Bitcoin's value as a hedge against inflation and currency devaluation is solidified by its role in DeFi and growing interest from retail investors.
Crypto Price Today: Bitcoin, Etherium, Solana, others crash up to 17% on liquidations
Bitcoin crashed 8% to $54,129, impacting ETH, Cardano, Shiba Inu due to election uncertainty, Mt Gox flows, and the Fed's stance.
Bitcoin sinks 8% to four-month low, ether slides 9%
Bitcoin fell to $53,918. Ether dropped to $2,855. Concerns about Biden’s debate, potential Democratic replacement, and Mt. Gox sell-off impacted the market.
Bitcoin drops for fourth day even as global stocks hit records
Bitcoin and other cryptocurrencies are experiencing a decline amidst a broader market selloff. Speculators are facing challenges such as reduced demand for US Bitcoin ETFs and uncertainties surrounding government actions. The correlation between Bitcoin and global stocks is weakening, raising questions about the future of crypto investments.
Crypto Price Today: Bitcoin slips below psychological $60,000 mark. Etherium, Solana, others down by up to 9%. Here’s why
Bitcoin plunges below $60,000, causing panic among investors as altcoins follow suit. Mt. Gox repayment, government sell-offs, and a massive whale dump contribute to the market chaos
Cryptocurrency price on July 12: Bitcoin falls below $57k; Solana, Polkadot tank up to 5%
However, earlier in the day, Bitcoin had reached $59,300 level after US inflation rates dropped to 3%, the lowest in four decades, signaling a possible end to the price spike.
Exploring the future of crypto derivatives: Insights from Delta Exchange
In a landscape where traditional finance meets cutting-edge technology, Pankaj Balani, co-founder of Delta Exchange, in a recent live stream session on ETMarkets, revealed how cryptocurrency derivatives are opening new avenues for Indian traders.
Crypto Price Today: Bitcoin gains over 4%, Altcoins Solana, Dogecoin, Cardano jump up to 7%
Bitcoin's bullish trend relies on breaking resistance at $61,500 amid key U.S. macro events like job openings. Market stability is crucial for sustained growth.
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.
Why Bitcoin is the king of assets
The journey to fully grasping Bitcoin's potential often follows a predictable path. Initially met with skepticism and mockery, Bitcoin is frequently dismissed as a speculative fad or a tool for illicit activities.
Crypto Gems: Top crypto assets to watch & buy in July 2024
The 2024 crypto crash has dropped the fear & greed index below 30 and market cap under $2 trillion. Bitcoin hovers above $54,000, with expectations of a $52,000 bounce.
Bitcoin hits 2-month low on election uncertainty, Mt Gox flows
The world's biggest cryptocurrency has been under pressure in recent months, its slide accelerating this week after the first debate between U.S. presidential candidates Joe Biden and Donald Trump raised the spectre of Biden being replaced as a candidate.
Bitcoin set for worst week in over a year on Mt. Gox liquidation fears
Media reports said Mt. Gox, the world's leading exchange for cryptocurrencies before it collapsed a decade ago, may start returning bitcoin to creditors, who are seen as likely sellers since the token's worth was only hundreds of dollars in 2014.
‘Boring’ Bitcoin sends weekend trading volume to all-time lows
Bitcoin's weekend trading volume hit an all-time low of 16% in 2024, influenced by the introduction of Bitcoin ETFs aligning trading hours with traditional exchanges. This shift has decreased price volatility, indicating Bitcoin's evolution into a more stable asset for investors.
Crypto Price Today: Bitcoin, Solana, Cardano, others fall up to 7%. Here's why
Major crypto tokens like Bitcoin traded lower due to negative ETF flows. Bitcoin fell by 3% to $62,322.09. Other cryptos like Ethereum (4.04%), XRP (2.97%), and Dogecoin were also affected.
Crypto Price Today: Bitcoin, Ethereum fall up to 3% on Fed’s hawkish tone; Solana, Cardano defy trends with 2% gain
While Bitcoin’s (BTC) resilience over the last one hour was palpable, this crypto asset is still trading down nearly 3% from the previous session. Around 12 pm today, it was trading at $61,035.66. The slide in BTC had an impact on other altcoins including Ethereum (ETH), Tether, Dogecoin, Avalanche, and Shiba Inu which were down by up to 2.5%.
Bitcoin slips below $65,000 amid stronger US Dollar; BNB, Shiba Inu drop over 3%
On Friday, major cryptocurrency tokens experienced declines amidst a strengthening U.S. dollar, which reached an eight-week high. The Federal Reserve's cautious stance on interest rate cuts diverged from more accommodative approaches taken by other central banks.
First Bitcoin ETF to list on Australia’s bourse in global wave
Exchange operator ASX Ltd., which handles the bulk of the country’s stock trading, has approved the VanEck Bitcoin ETF which will be listed on Thursday, VanEck said in a press release on Saturday.
Cryptocurrency price on June 20: Bitcoin holds above $65.5k, Altcoins trade mixed
Major crypto tokens displayed a mixed performance on Thursday. Bitcoin, Ethereum, BNB, XRP, Toncoin, Avalanche, and Chainlink recorded gains, trading up to 2% higher. Conversely, Solana, Dogecoin, Cardano, Shiba Inu, and Uniswap saw losses, trading down by up to 2%.
Cryptocurrency price on June 19: Bitcoin rises above $65.5k on Fed rate cut expectations, Ethereum up 3%
Cryptocurrencies surged on Wednesday, led by Ethereum and Altcoins as soft U.S. retail sales data reinforced expectations of Federal Reserve rate cuts. BTC traded 0.2% higher at $65,568, while Ethereum rose 3.6% to $3,560.
Bitcoin falls below $66,000 level ahead of Federal Reserve officials’ speeches
Vikram Subburaj, CEO of Giottus, noted that Bitcoin has fallen below $66,000, erasing its weekly gains. BTC’s price action suggests a further decline in the short term, with critical support at $63,000. If this trend persists, altcoins will continue to suffer against Bitcoin.
Crypto Price Today: Bitcoin gains 1.5% on ETF buying, Solana jumps 7% after VanEck files for ETF
Bitcoin and Ethereum prices surged amidst growing interest and ETF approvals. CleanSpark's acquisition and SEC's ETF approvals signal positive trends in crypto investments. VanEck filed for a Solana ETF, further expanding the investment options in the market.
Cryptocurrency prices on June 17: Bitcoin holds steady above $66,000 as market sees mixed movement
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, rose to $1.304 trillion. Bitcoin's dominance is currently 54.07%, according to CoinMarketCap. BTC volume in the last 24 hours rose 26.8% to $16.37 billion.
Delta Exchange launches India platform for crypto futures & options trading
Delta Exchange's Indian platform offers secure options trading on various crypto assets, supported by prominent investors and boasting impressive trading volumes and growth.
Crypto Price Today: Bitcoin holds above $60k but down 1.5%. Ethereum, BNB, Solana, Dogecoin, others fall up to 4%
BlackRock's IBIT saw significant trading volume, while the market anticipated the expiry of multi-billion dollar Bitcoin and Ethereum options. Strong institutional interest and positive trading activity influenced the crypto market's momentum, underscoring ongoing market dynamics and investor sentiment.
Crypto Price Today: Bitcoin prices steady above $61k as buying returns. Ethereum, BNB, Solana, Dogecoin gain up to 3%
Bitcoin prices saw stable trading on Wednesday, gaining marginally by 1% to $61,598 around 12 pm India time. Other major crypto coins traded with a positive bias too.
Crypto Price Today: Bitcoin’s 2% loss is advantage altcoins. Solana, Cardano, Toncoin jump up to 9%
BTC faced challenges from ETF flows and macro data but surged with inflows. Altcoins gained traction as Bitcoin's dominance dropped. Vikram Subburaj noted market frontrunning impacting Bitcoin. Solana and Cardano surged amidst varied altcoin movements.
Bitcoin ETF launches on Australia's main stock exchange for the first time
Australia's first bitcoin ETF, the VanEck Bitcoin ETF, launched on the Australian Securities Exchange with around A$990,000 in assets after three years of negotiations with ASX.
Cryptocurrency prices on June 14: Bitcoin falls below $67,000; Altcoins decline 3%
Bitcoin saw a minor decline, dropping below the $67,000 threshold, as investors deliberated over the prospects of US interest rates following the Federal Reserve's moderation of its rate-cut expectations, despite softer-than-anticipated inflation data.
Crypto Price Today: Bitcoin, Avalanche, others fall up to 4.5%. Solana, Tron jump by up to 7%
Bitcoin (BTC) was trading weak and was down 0.70% on Tuesday after recovering over the last few sessions. It was trading at $62,865 around noon. Other major altcoins that were trading in the red included Ethereum (ETH), Tether, BNB, Dogecoin (2.39%), Avalanche, and Shiba Inu were down by up to 4.5%.
Cryptocurrency prices on June 13: Bitcoin trades flat after hitting $70K mark post Fed outcome
Bitcoin reached $70,000 but later dipped to $67,600 after Federal Reserve's hawkish stance post FOMC announcement and lower-than-expected CPI data release.
Bitcoin at one-month low in a broad crypto market selloff
Bitcoin touched a one-month low due to outflows from digital-asset investment products and the prospect of higher US borrowing costs, affecting the cryptocurrency market.
Cryptocurrency prices on June 12: Bitcoin falls below $67.5K ahead of Fed policy decision
Leading cryptocurrencies dipped ahead of key U.S. inflation report and Federal Reserve policy decision. Bitcoin traded at $67,337, Ethereum at $3,519. Altcoins like BNB, Solana, XRP, Dogecoin, Cardano, Shiba Inu, and Chainlink followed the downward trend.
Cryptocurrency prices on June 11: Bitcoin falls below $68K ahead of US CPI data
Cryptocurrencies declined on Tuesday ahead of the Fed's policy decision and upcoming consumer price inflation data. Bitcoin and Ethereum dropped, with the global market cap decreasing.
Is Bitcoin still undervalued? What will drive BTC’s growth to cross $100,000 levels
Bitcoin has had four overly significant years in its existence, and when 2024 began, BTC enthusiasts all looked forward to riding the post-halving bullish momentum.
Cryptocurrency Prices on June 6: Bitcoin holds near $71K, Altcoins trade flat
On Thursday, major cryptocurrencies remained relatively steady, with speculation mounting that the U.S. Federal Reserve may implement interest rate cuts in September. At 12:14 PM, Bitcoin (BTC) experienced a slight decrease of 0.25%, trading at $70,898, while Ethereum saw a modest increase of 0.7%, reaching $3,843.
Bitcoin rally and ‘short memories’ reignite everything in crypto
Bitcoin's rally is reviving animal spirits in the financial world, with a surge in deal flow and investments. The crypto market sees a return of bull market hallmarks, including celebrity endorsements and new tokens creation at a rapid pace.
Cryptocurrency Prices on June 10: Bitcoin falls below $69.5K following hotter-than-expected US jobs report
Cryptocurrencies fell due to a market selloff triggered by strong US jobs data. Bitcoin dropped below $70,000, impacting investor sentiment.
Why crypto is an asset class that cannot be ignored?
Sathvik Vishwanath discusses the disruptive force of cryptocurrencies and their significance as an asset class in a live stream on ETMarkets, highlighting future trends like Ethereum 2.0 and DeFi.
Cryptocurrency price on June 3: Bitcoin approaches $69k on renewed US rate cut hopes
Cryptocurrencies surge as U.S. inflation stabilizes, hinting at Fed rate cuts. BTC and ETH prices rise with a market cap at $2.56 trillion. CEOs anticipate positive momentum amid moderate growth and weak consumer spending.
Cryptocurrency prices on June 5: Bitcoin rises 3% to above $71,000 on Fed rate cut expectation
Bitcoin price surged by 3% to $71,000 in the last 24 hours, driven by expectations of a Federal Reserve rate cut in September following soft U.S. job openings data. Ethereum reached $3,807 and altcoins like BNB and Solana also saw significant increases.
Trump says he wants all remaining Bitcoin to be made in the US
In a bid to bolster national control over Bitcoin, Republican presidential hopeful Donald Trump calls for all remaining Bitcoin production to be centralized within the U.S. As the crypto industry grapples with regulatory scrutiny and investor distrust following major firm bankruptcies in 2022, its efforts to sway American policymakers intensify.
