The crypto market is mostly flat today with Bitcoin trading around $64,387, up slightly by 0.13%. Despite the calm, most major cryptocurrencies have lost significant value this year, with Ethereum down 35.76% and Bitcoin down 26.43%. Only a few coins like Hyperliquid (+126.58%), TRON (+15.26%), and UNUS SED LEO (+1.90%) have posted gains in 2024. Institutional buying supports Bitcoin, especially through US spot ETFs, while altcoins without such backing have suffered larger losses. Bitcoin's price near $64,000 is a key level to watch; a drop below could lead to further declines in altcoins, while a rise above $65,000 might boost stronger performers like BNB, Zcash, and Hyperliquid.
Bitcoin surged over 25% in August but shows weak spot demand and liquidity, raising concerns of a bull trap. Meanwhile, Ethereum sees strong liquidity growth with stablecoin supply rising and record ETH staking, indicating robust demand. This liquidi...
Bitcoin traded around $77,000, slightly up but under pressure ahead of crucial US inflation data that could influence the Federal Reserve's upcoming interest rate decision. The broader crypto market also faced declines amid rising oil prices and high...
Bitcoin's price outlook is bullish as strong inflows into U.S. spot bitcoin ETFs, totaling over $600 million in early September, support a recovery above $80,000. Producer Price Index data showed slightly higher inflation, but markets had anticipated...
Senate Republicans have introduced a new 630-page version of the CLARITY Act, a significant crypto regulation bill affecting Bitcoin, XRP, and Ethereum. The updated bill clarifies distinctions between decentralized and non-decentralized finance proto...
Most major cryptocurrencies experienced price declines, with Bitcoin falling 1.3% to around $77,239 and Ethereum slightly down by 0.19%. Other coins like Binance Coin, XRP, and Litecoin also saw notable drops. This reflects ongoing market volatility ...
