Bitcoin led a modest crypto rally, reaching nearly $63,000, driven mainly by spot buying rather than broad market enthusiasm. While Bitcoin and major altcoins like Ethereum, XRP, and BNB posted gains, activity in DeFi, stablecoins, and derivatives declined, indicating reduced speculative trading and leverage. Bitcoin's market dominance rose to 58.36%, signaling investor preference for safer, liquid assets. The rally's sustainability depends on whether trading volumes and liquidity pick up, as current trends suggest cautious, selective investment rather than widespread risk-taking.
Bitcoin traded flat near $63,400 after volatile intra-day swings between $63,317 and $64,400, keeping its market cap at $1.27 trillion. The recent sell-off linked to Strategy's bitcoin sales appears to have stabilized, with the company’s CEO assuring...
Cryptocurrency prices are fluctuating with Bitcoin trading around $63,359, slightly down by 0.10%. Ethereum and Solana show modest gains, while other coins like Zcash (ZEC) and Near Protocol (NEAR) experience significant increases of 6.20% and 6.50% ...
Gold prices rose 0.5% following July's inflation data showing a slowdown to 3.4% annually, easing fears of a Fed rate hike. Bitcoin and other cryptocurrencies also gained, supported by steady inflows into spot Bitcoin ETFs. However, analysts note tha...
Bitcoin rose to around $64,100 after U.S. inflation data showed the Consumer Price Index (CPI) increased 3.4% annually in July, slightly easing from 3.5% in June. The inflation report matched market expectations, leading traders to largely maintain t...
Cryptocurrency prices are fluctuating with Bitcoin falling 1.3% to $63,460 and Ethereum slightly down by 0.2%. Several altcoins like FIGR_HELOC and HYPE are gaining, showing positive momentum in some parts of the market. This mixed performance highli...
