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 ahead of the Federal Reserve's upcoming rate decision. Bitcoin remains range-bound between $60,000 and $66,000, with technical indicators showing softened momentum but potential for volatility expansion. The Fed meeting and upcoming U.S. economic data releases could drive Bitcoin's next major price move.
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 sh...
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...
