Bitcoin surged above $65,000, gaining nearly 3% over the week, driven by a weak US jobs report that reduced concerns about further Federal Reserve rate hikes. Other major cryptocurrencies like ether, BNB, and Solana also posted gains, while XRP lagged behind. Global stocks remained near record highs, and oil prices rose due to Middle East tensions. The upcoming US inflation report is the next key event, with a hotter reading potentially pushing interest rates higher and pressuring bitcoin prices.
On October 16, Bitcoin experienced $8.16 million in long position liquidations across Binance, Bybit, and OKX within one hour as its price dropped by 0.07%, falling from $81,572 to $81,512. Total liquidations during this period reached $10.81 million...
Bitcoin, the largest cryptocurrency by market capitalization, fell below the $81,000 level on Binance's spot market, dropping to $80,925 at 1:20 p.m. ET on October 16. This marked a decrease of 0.78% over the previous hour and a $346 drop from a rece...
Bitcoin increased by 1.87% to $82,071 by 9 a.m. ET on October 16, while the overall crypto market capitalization slightly declined by 0.89% to $2.78 trillion. Despite the mixed market, all six major cryptocurrencies gained value in the past 24 hours,...
Raoul Pal, CEO of Real Vision, argues that Ethereum is significantly undervalued because it underpins 70-76% of stablecoins, DeFi, and many real-world asset transactions on-chain. He estimates that an Ethereum outage could erase $1 trillion to $1.5 t...
Celestia (TIA) surged 30.32% to $0.696, topping the crypto gainers among the 90 largest cryptocurrencies by market cap. Other notable gainers include Injective (27.40%), LayerZero (22.16%), Ether.fi (16.28%), and NEAR Protocol (15.64%). Meanwhile, Bi...
