Bitcoin traded above $77,600, recovering from a recent dip, while XRP led gains with a nearly 3% rise to $1.36. Other cryptos like BNB and Solana also saw modest increases, but Ether lagged below $2,400. Despite the rebound, the broader crypto market remains weaker over the week, with Bitcoin down about 1%. Analysts note Bitcoin's support near $76,350, but warn of possible short-term correction due to historically weak September performance. Market focus now shifts to upcoming U.S. nonfarm payrolls data, which could influence Federal Reserve rate hike expectations and impact Bitcoin's momentum.
Bitcoin fell slightly to $77,132 on September 2, retreating from a strong 25% gain in August due to escalating US-Iran military tensions and rising global government bond yields. These geopolitical and economic pressures have dampened investor appeti...
Japan-listed Remixpoint sold its holdings in Ethereum, Solana, XRP, and Dogecoin, booking a total gain of about $742,000. The company earned the largest profit from Ethereum and Solana but took a loss on Dogecoin. Following these sales, Remixpoint wi...
Arthur Hayes, co-founder of BitMEX and CIO of his family office Maelstrom, reaffirmed a long-term Bitcoin position and set a $10,000 price target for Ether by the end of 2026. He also set speculative targets for altcoins Ethena at $0.50 and Ether.fi ...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $77,361, slightly up by 0.30%. Ethereum and some other major coins show minor declines, while several altcoins like ASTER, MNT, and ARB experience significant gains, ind...
Market maker Wintermute reports a shift in crypto trends with XRP outperforming Bitcoin and other altcoins, rising from $1 to $1.70 amid strong institutional interest. Despite macroeconomic challenges and geopolitical tensions, XRP attracted $110 mil...
