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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.
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.
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 Price on May 30: Bitcoin dips below $67.8k level; Shiba Inu, Polkadot tank over 5%
Major cryptocurrencies declined in Thursday's trading session amid speculation that global interest rates would remain elevated for an extended period. Investors turned their attention to key inflation data expected at the end of the week, seeking additional insights into the future trajectory of monetary policy.
Cryptocurrency Price on May 27: Bitcoin falls below $68.7k level; Dogecoin, Chainlink decline up to 4%
On Monday, major cryptocurrency tokens experienced a downturn, with Bitcoin (BTC), XRP, and Dogecoin leading the decline. BTC saw a 0.9% drop to $68,678, while Ethereum surged by over 3.4% to reach $3,915. Ethereum, the leading altcoin, has seen impressive growth following the announcement of the SEC's approval for ETH ETFs.
Cryptocurrency Price on May 17: Bitcoin above $66.2K; Chainlink, Polkadot rise up to 15%
The collaboration between DTCC in the US, along with Chainlink and major US banks, completed a successful pilot to expedite the tokenization of funds. Parth Chaturvedi, of CoinSwitch, said this partnership marks a significant step towards blockchain technology in traditional asset management.
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Cryptocurrency market sees decline as Bitcoin and Ethereum slip
The global cryptocurrency market cap decreased by 2.94% to approximately $2.31 trillion over the last 24 hours.
Cryptocurrency Price on April 18: Bitcoin dips below $61.2K; Dogecoin, Solana drop over 7%
"In the last 24 hours, both BTC and ETH experienced a decline of over 4%. The reasons behind this fall could be attributed to geopolitical tensions, as well as the upcoming BTC halving, historically known for inducing high volatility. Negative ETF data also contributed to market sentiment," said CoinDCX Research Team.
Cryptocurrency Price on April 12: Bitcoin trades above $71,000; Ethereum, Toncoin decline up to 3%
The global cryptocurrency market cap rose marginally by 0.13% to around $2.64 trillion in the last 24 hours.
Crypto Price Today: Bitcoin rises 1%, trades near $70K; Cardano, Solana fall up to 1.5%
In his view, the resistance in Bitcoin looms at $70,200-$73,000 levels while support rests at $67,500 and If BTC can maintain its upward trajectory beyond the present threshold, it would be a signal for marginal bullish sentiments.
Cryptocurrency Price on April 4: Bitcoin falls below $66,000; Solana, Dogecoin tank over 4%
Cryptocurrency markets were trading lower in Thursday's trade, dragged by Bitcoin, Solana, and Dogecoin. Meanwhile, the global cryptocurrency market cap declined 0.7% to around $2.48 trillion in the last 24 hours.
Cryptocurrency Price on April 2: Bitcoin falls 6% to $66,400 after release of US March manufacturing data
U.S. manufacturing grew for the first time in 1-1/2 years in March as production rebounded sharply and new orders increased, but employment at factories remained subdued and prices for inputs were pushed higher.
Cryptocurrency Price on March 26: Bitcoin jumps above $70,000; Internet Computer, Shiba Inu rise up to 14%
Bitcoin surged past the $70,000 mark on Tuesday in early trade, surpassing the level for the first time in 10 days and gaining nearly 5% over the past 24 hours. Ethereum was up 4.8% during the same period, while tokens for major layer-1 blockchains Solana and Avalanche jumped nearly 4%.
Cryptocurrency Price on March 21: Bitcoin jumps 9% to $66,500 after Powell-led FOMC keeps rates unchanged
Fed Chair Jerome Powell said that recent hot inflation readings had not changed the underlying story of slowly easing price pressures and reiterated the central bank's earlier forecast of soft landing for the world's largest economy.
Cryptocurrency Price on March 10: Bitcoin near $69,600; Dogecoin, Polygon rise up to 3%
Bitocin smashed the $70,000 mark for the first time on Friday, boosted by investor demand for new US spot exchange-traded crypto products and expectations for global interest rates to fall.
Cryptocurrency Price on March 4: Bitcoin trades above $63,000; Dogecoin, Shiba Inu jump up to 11%
Meanwhile, Shivam Thakral, CEO of BuyUcoin, said, "Ethereum, on the other hand, is trying to break the $3,600 level, which could potentially push the second-largest cryptocurrency beyond $4,000."
Bitcoin trades above $62,000 level for the first time since November 2021; Dogecoin, Solana jump up to 32%
Bitcoin rallied for a sixth consecutive day on Thursday to over $62,000 for the first time since November 2021, buoyed by flows into new US spot bitcoin exchange-traded funds and ahead of bitcoin halving that is approaching in April.
Crypto Price Today: Bitcoin surges 9%, sharp rally triggers action in major crypto assets
Crypto Price Today: Bitcoin reclaimed the $57,000 level for the first time since late 2021 in today's early trade, supported by investor demand through exchange-traded funds as well as further purchases by MicroStrategy Inc. The digital asset added as much as 4.4% to reach $57,039 before paring some of the jump to trade at $56,473 as of 10:22 am Tuesday in Singapore, Bloomberg reported.
Crypto Price on February 12: Bitcoin holds above $48,000; Solana, Avalanche shed up to 4%
Meanwhile, other altcoins such as Solana, Avalanche, Cardano and Polygon fell 3-4%. XRP, Dogecoin, Chainlink, Polkadot, Internet Computer and Shiba Inu also declined up to 3%.
Crypto Price on February 7: Bitcoin holds above $43,000; Ethereum, Tron rise up to 3%
The crypto market stayed stable, with ETH showing stronger performance compared to BTC, as indicated by the rising ETH/BTC pair, said CoinDCX Research Team.
Crypto Price on February 1: Bitcoin drops near $42,000 level after Fed Chair Jerome Powell shoots down March rate cut
In a media conference, Fed Chair Jerome Powell flatly stated a cut as early as March seemed unlikely, but also conceded that everyone on the committee was looking to ease this year.
Crypto Price on January 31: Bitcoin falls below $43,000 level ahead of US Federal Reserve interest rate decision
All eyes are on the Federal Reserve's decision on interest rates today, widely anticipated to stay the same. Maintaining this price until month-end would signify Bitcoin's fifth consecutive monthly gain, its lengthiest positive streak. This is likely to continue until Bitcoin halving takes place, said Edul Patel, CEO of Mudrex.
Crypto Price Today on January 30: Bitcoin jumps above $43,400 ahead of US Federal Reserve policy decision
Major crypto tokens traded higher as the market cap surged. The upcoming Fed policy decision and US unemployment rate data may impact market sentiments. Declining GBTC sales, surging US stock markets, and Google's Bitcoin ETF ad support are positive factors. Bitcoin dominance is at 51.15% with a market cap of $850 billion. BTC volume surged 42% to $22.4 billion. Analysts expect Bitcoin to continue its uptrend towards $45,000.
Crypto Price Today: Bitcoin trades near $40,000; Solana, Tron rise up to 3%
The global cryptocurrency m-cap advanced 0.11% to around $1.55 trillion in the last 24 hours. However, the total trading volume declined over 30% to $50.79 billion. BTC has started consolidating in a very narrow range of $39.5k to $40.5k following the recent dump below $40k.
Crypto Price Today: Bitcoin falls below $39,700; Ethereum, BNB shed over 5%
Bitcoin was trading 0.64% lower at $39,648 at 11:41 am, while Ethereum was down 5.34% at $2,219. Other altcoins, like BNB and Polygon, fell over 5% each. Litecoin, Chainlink, Tron, Dogecoin, and Cardano dropped 2-4%.The total volume in DeFi is currently $5.96 billion, 8.04% of the total crypto market 24-hour volume. The volume of all stablecoins is now $67.7 billion, which is 91.31% of the total crypto market 24-hour volume.
Crypto Price Today: Bitcoin tumbles below $40,000, hits lowest level since ETF launch
Cryptocurrency markets were trading in the red on Tuesday after Bitcoin, the world's largest crypto token, fell below $40,000 for the first time since the launch of 11 spot Bitcoin exchange-traded fund (ETF) on January 11.
Crypto Price Today: Bitcoin falls below $41,000; Solana, Dogecoin decline over 4%
At 9:50 am, Bitcoin was trading 1.55% lower at $40,999, while Ethereum was down 2.09% at $2,421. Whereas altcoins, such as Solana, Cardano, Dogecoin, and Internet Computer, fell over 4% each.
Crypto Price Today: Bitcoin falls below $41,400; Solana, Avalanche decline over 6%
Bitcoin fell 3.2% to $41,381 in early trading on Friday, while Ethereum fell 2.5% to $2,467. "The market is witnessing an unexpected downward trend as BTC faces selling pressure due to heavy outflows from ETPs to new spot ETF issuers," said Shivam Thakral, CEO of BuyUcoin.
Crypto Price Today: Bitcoin trades near $42,800; Polygon, Toncoin shed up to 4.5%
Bitcoin was trading 0.2% lower at $42,757 at 11:33 am, while the second most popular token, Ethereum, was down 1.3% at $2,529. At the same time, the global cryptocurrency market cap declined by 0.63% in the last 24 hours to approximately $1.68 trillion
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