Bitcoin surged above $81,000 following comments from Federal Reserve governor Christopher Waller suggesting rates may stay unchanged if inflation data improves. This eased fears of another rate hike, causing US Treasury yields and the dollar to weaken, which boosted risk assets including Ethereum, XRP, and Solana. Crypto-linked stocks like Robinhood and Coinbase also rallied strongly. However, caution remains as ETF outflows and stablecoin stagnation suggest the rally may be driven by short-term trading rather than long-term demand. Upcoming US jobs and inflation data will be key to sustaining momentum.
The cryptocurrency market experienced a broad decline on Thursday morning, with total market capitalization falling 4.59% to $2.75 trillion. Bitcoin dropped 2.49% to $81,712, while other major coins like Ether, XRP, Solana, Dogecoin, and BNB also saw...
Bitcoin dropped to around $81,000 amid a tech sector sell-off that pressured risk assets, including cryptocurrencies. Despite this, institutional demand remains strong, with US spot Bitcoin ETFs seeing $528 million in inflows over three days, led by ...
Bitcoin's Bull Score Index fell from 80 to 60 since late September, signaling a slowdown in market momentum despite remaining above the positive threshold of 60. The index, which measures demand, investor profitability, network activity, and liquidit...
Among the 90 largest cryptocurrencies, MemeCore (M) surged 17.03% in 24 hours, leading gains while 72 out of 90 assets declined. Other notable risers included Lighter (8.54%), Monero (5.85%), and Bitway (5.53%). Conversely, LayerZero fell the most by...
Bitcoin's market share rose to 60%, its highest since May, as investors preferred it over altcoins amid broader crypto losses. Although Bitcoin briefly topped $84,000, it fell below $82,000, while smaller tokens and indexes like memecoin and DeFi saw...
