Bitcoin fell 2.7% to about $63,200 following a sharp sell-off in Asian equity markets, notably Korea's Kospi which dropped over 10%. The tech sector was pressured by worries over AI infrastructure investments exceeding $750 billion, causing Nvidia shares to fall nearly 5%. The Federal Reserve's two-day policy meeting and delayed crypto regulatory legislation (CLARITY Act) add to market uncertainty. Investors await upcoming earnings from major tech firms and key US economic data later this week.
Bitcoin fell about 2.85% to near $63,490 following a broad selloff in Asian markets, including South Korea's KOSPI which triggered a circuit breaker. The decline was influenced by weakening tech stocks, ETF outflows, and cautious investor sentiment a...
Bitcoin failed three times to break above the $65,500 resistance level, causing a sharp drop to $64,336 and triggering $75 million in liquidations in the futures market. This volatility reflects market uncertainty amid US regulatory debates and a pau...
CoinMarketCap's Altcoin Season Index increased to 53, indicating a slight improvement in altcoin performance relative to Bitcoin. However, this level remains below the 75 threshold that signals a full altcoin season, keeping the market in a neutral s...
The Hong Kong Monetary Authority (HKMA) rated its banking sector's quantum readiness at 2.3 out of 10 and set a target for full preparedness by 2030, supported by regulatory mandates and industry tools. In contrast, Bitcoin faces similar quantum comp...
Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulator...
