Bitcoin and most major altcoins fell significantly after geopolitical tensions and the Federal Reserve's hawkish stance on interest rates. Bitcoin dropped from a high of $76,000 to a three-week low near $68,000, while Ethereum, XRP, Solana, and others also lost value. The total crypto market cap declined by nearly $200 billion to $2.43 trillion. However, the AI-focused altcoin SIREN defied the trend, surging 90% to a new all-time high, standing out amid widespread market losses. This volatility reflects ongoing uncertainty in macroeconomic conditions and investor sentiment following the Federal Open Market Committee meeting.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
