Following the Senate's 50-47 vote to limit President Trump's authority to wage war against Iran, major cryptocurrencies including Bitcoin, XRP, and Solana saw modest gains during Asian trading hours. This political development reduced market uncertainty, contributing to a positive mood alongside declining oil and Treasury rates. Bitcoin, which had fallen below $60,000 earlier this year, is now trading around $77,400, with indicators suggesting the worst of the recent price drop may be over. Investors are also awaiting the Federal Reserve's April meeting minutes, which could further influence market direction.
Capriole Investments warns that the current U.S. inflation rate of 3.8%, the highest since May 2023, historically precedes an average 30% market crash within 1 to 24 months. Past severe crashes like the 2000 dot-com bubble and 2008 financial crisis o...
Trump Media & Technology Group has withdrawn its registration for the Truth Social Bitcoin and Bitcoin & Ethereum ETFs, citing a "structural reset" but analysts point to intense competition, collapsing fees, and weak investor demand as the real reaso...
Margin long positions on Bitfinex surged to 80,600 BTC, the highest in 2.5 years, signaling strong bullish bets by large traders despite Bitcoin struggling below $78K resistance. This $6.2 billion leveraged exposure reflects institutional confidence ...
The crypto market showed mild strength with total capitalization rising 0.68% to $2.57 trillion. Bitcoin held steady near $77,000, supported by optimism around regulatory discussions and tokenized stock trading plans, while Ethereum struggled below $...
Crypto analyst Benjamin Cowen says Bitcoin remains in a bear market after facing resistance at its 200-day moving average, a key indicator that previously signaled crashes in 2018 and 2022. He outlines two bearish scenarios: one where Bitcoin falls t...
