Bitcoin and Ethereum prices slipped slightly as overall cryptocurrency trading volumes declined across spot, derivatives, and DeFi markets. This drop in activity reflects reduced risk appetite among traders and a broader market slowdown, with Bitcoin falling to around $62,724 and Ethereum to $1,779. While some large-cap altcoins like BNB and TRON saw modest gains, most others weakened, indicating selective rotation rather than a broad market rally. The decrease in derivatives and stablecoin volumes suggests traders are waiting for clearer market direction, keeping the crypto market in a cautious, wait-and-see mode for now.
A Bitwise survey of 15 large institutions found that many see Bitcoin as both a store of value like digital gold and a technology investment. Institutions often pair Bitcoin with gold as a hedge against fiat currency debasement, yet they also categor...
XRP's 365-day Market Value to Realized Value (MVRV) ratio stood at about -11.75% on September 23, indicating that XRP coins active in the past year are valued below their average acquisition cost, reflecting unrealized losses. This metric measures pr...
A newly created crypto wallet quickly invested $10.13 million in Uniswap (UNI), Binance Coin (BNB), and Litecoin (LTC), with UNI making up nearly 75% of the purchase. Meanwhile, a Bitcoin whale bought 536.93 BTC worth $45.28 million, showing confiden...
Bitcoin traded near $84,583 with a slight 0.31% gain as crypto derivatives liquidations reached $341 million, involving over 83,000 traders. Long positions accounted for $222 million and short positions $120 million, with the largest single liquidati...
JPMorgan highlights the importance of Bitcoin crossing the $85,000 mark, which represents the average production cost for miners. Bitcoin spent 280 days below this level, putting pressure on miners who may have had to sell reserves to cover costs. A ...
