Crypto update: Bitcoin tumbles below $111K as Powell dashes December rate cut hopes
Bitcoin fell below $111,000 after Fed Chair Powell’s hawkish comments. Powell said a December interest rate cut is “not a foregone conclusion.” Major cryptocurrencies like Ethereum, XRP, and Solana also…
Crypto update: Bitcoin and Ethereum are stable as market’s focus shifts to US inflation data
Crypto markets have entered a holding pattern, with Bitcoin near $108,164. Traders are awaiting a key US inflation (CPI) report due out on Friday. Hopes are rising for a de-escalation…
Crypto market update: Bitcoin dips below $106k, ETH, XRP, SOL risk key levels
Bitcoin price has dropped below $106,000 as bearish pressure sends cryptocurrencies plummeting. Ethereum, Solana, XRP and BNB have tanked below key levels. Macro headwinds impacting equities also led to a…
Altcoins update: Aster flips Hyperliquid in futures volume, DOGE targets $0.5
Aster’s $11.8B in daily futures volume eclipses Hyperliquid’s $9.9B. Market sentiments flip bullish as activity soars across multiple networks. Dogecoin eyes breakout amid ETF optimism. Digital tokens flashed recovery signs…
Crypto update: Why Bitcoin is stalling while Ethereum eyes a breakout
A major split is emerging between Bitcoin and Ethereum in the market. Bitcoin is acting as a macro hedge, holding steady around $112,000. Traders are actively positioning for upside in…
Crypto update: US stablecoin law prompts China to accelerate its own plans
China’s stablecoin push is a defensive move against US dollar dominance. The US GENIUS Act is the key trigger for Beijing’s recent policy shift. The experiment will be limited to…
Crypto update: Bitcoin slips as analysts warn of ‘fragile’ market structure
Bitcoin and Ether prices are falling despite positive industry news. A key disconnect exists between weak price action and strong fundamentals. Glassnode warns of market fragility and stretched leverage in…
Altcoins update: Polkadot launches institutional arm, Robinhood lists SUI
The Polkadot Capital Group aims to bridge Web3 and TradFi. Robinhood has listed Sui, enriching its exposure to retailers. On-chain activity supports LINK’s momentum. Digital assets displayed stability on Tuesday…
Bitcoin price forecast: White House crypto report omitted BTC reserve update
White House report omitted Bitcoin reserve update. BTC holds steady near $118k with bullish technical signals. ETF inflows and low selling pressure fuel price optimism. Bitcoin (BTC) is entering August…
Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000
DOGE tests key support as technical setups suggest imminent breakouts. A closing above $15 might propel INJ prices to $30. ETH targets $4,000 psychological mark amid increasing institutional interest. Cryptocurrencies…