Bitcoin briefly surged past $65,000 following the Federal Reserve's decision to keep interest rates steady, reaching a daily high of $65,100 before settling near $64,700. This pushed its market capitalization to $1.3 trillion, marking over a 10% gain for July. The market experienced volatility and significant liquidations exceeding $243 million, influenced by geopolitical tensions and economic data. Continued geopolitical risks and rising crude oil prices could pressure the Fed to raise rates, potentially impacting Bitcoin's price trajectory.
Cryptocurrency markets display varied price changes, with Bitcoin rising 1.43% to $64,780 and Ethereum increasing 1.32% to $1,923. Other notable gains include Binance Coin up 4.27% and Cardano up 5.10%. These movements reflect ongoing market volatili...
Bitcoin prices increased with spot Bitcoin ETFs attracting $32.1 million in net inflows after four days of outflows, signaling renewed investor interest. Despite crypto sentiment remaining cautious in the fear zone, Treasury Secretary Scott Bessent's...
Bitcoin and XRP were the only cryptocurrencies to record positive ETF inflows recently, attracting $32 million and $585,000 respectively. This rise in inflows coincides with increased large on-chain transactions above $100K, signaling growing institu...
A large transfer of 500 million USDT from Binance's hot wallet to Tether Treasury was recorded as Bitcoin's price rebounded close to $65,000. This move likely represents a technical cross-chain swap rather than a liquidity crisis, as Binance shifts t...
Bitcoin price rose 1.2% to nearly $65,000 following U.S. June inflation data showing cooler Personal Consumption Expenditures (PCE) inflation, reducing immediate pressure on the Federal Reserve to raise interest rates. The total crypto market gained ...
