COINDCX RESEARCH TEAM
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.
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.
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%.
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.
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.
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.
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.
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.
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.
Bitcoin slips below $67.2k; Ethereum falls over 4% despite approval of spot Ether ETFs in US
Cryptocurrency markets, including Bitcoin and Ethereum, were trading lower on Friday due to profit-taking. BTC fell to $67,143, while Ethereum declined to $3,655. Edul Patel from Mudrex commented on the market movements.
Cryptocurrency Price on May 22: Bitcoin falls below $70k level; Ethereum, Uniswap surge up to 4%
Bitcoin and Ethereum prices fluctuate with a market cap of $2.6 trillion. Various factors including specific price levels, stablecoin volume, and Bitcoin dominance influenced market sentiment.
Cryptocurrency Price on May 10: Bitcoin rises over 2% to $62.9k on renewed global rate cut optimism
Other major crypto tokens such as Solana (7%), Toncoin (12.1%), Dogecoin (3.4%), Shiba Inu (2.6%), Avalanche (3.7%), Chainlink (2%), and NEAR Protocol (4.4%) also surged. The volume of all stablecoins is now $58.67 billion, which is 92.17% of the total crypto market 24-hour volume, as per data available on CoinMarketCap.
Cryptocurrency Price on May 7: Bitcoin falls below $63,700; Shiba Inu, Dogecoin tank 5%
As of 12:14 p.m., Bitcoin was trading 1% lower at $63,649, while Ethereum experienced a 3.5% drop to $3,068. Additionally, altcoins like BNB (-1.1%), Dogecoin (-4.9%), Toncoin (2.6%), Cardano (3.3%), Avalanche (-3.1%), and Shiba Inu (-5.2%) followed suit in the downward trend.
Crypto Price Today: Bitcoin falls below $41,000 ahead of Fed policy decision; Avalanche declines over 14%
The cryptocurrency markets were trading lower on Wednesday after US data reignited inflation concerns and elevated bets of a delay in rate cuts, ahead of the Federal Reserve's policy decision.
Major Indian crypto platforms delist stable coin TerraUST, Luna after collapse of Terra Network
On May 6, the token had been trading at $80 before the slide started. Alt coin Luna was popular with Indian crypto investors after rising from $1 to touch $119.18 in a matter of 12 months.
ETtech Deals Digest: CoinDCX, Rario, VideoVerse raise funds this week
Cricket non-fungible tokens (NFTs) platform Rario has raised $120 million, led by Dream Capital, the corporate venture capital and M&A arm of Dream Sports.
As crypto booms, exchanges need a variety of engineers
Market research firms have put Indians among the biggest users and holders of cryptocurrency. Several cryptocurrency exchanges – which allow you to trade in cryptocurrency, and even use them to purchase goods & services – have emerged in India, and most are doing phenomenal business.
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