Bitcoin fell below $65,000 following Iran's rejection of renewed peace talks with the US, intensifying geopolitical risks. Despite former President Trump's claim that Iran sought a deal, Iran's Foreign Ministry confirmed no plans for negotiations, prioritizing defense efforts. Recent US military strikes targeting Iranian capabilities near the Strait of Hormuz have escalated tensions, overshadowing earlier positive market reactions to softer US inflation data. Prediction markets show only a 25% chance of peace talks resuming this month, keeping markets wary of further conflict-driven volatility.
Open interest in perpetual futures for five major cryptocurrencies—Bitcoin, Ether, Solana, XRP, and Dogecoin—fell as of Oct. 29, with Dogecoin experiencing the largest drop of 2.37%. Despite the declines, long positions outnumbered short ones in all ...
Ethereum spot ETFs experienced withdrawals totaling $170.21 million over three days ending October 28, signaling declining institutional demand and putting downward pressure on Ethereum's price. Despite some relief from Fidelity's FETH ETF, BlackRock...
In the latest 24-hour market snapshot, Cardano (ADA) experienced the largest decline among major cryptocurrencies, dropping 4.06% to $0.1984. Bitcoin (BTC) fell by 1.72% to $79,978, while XRP and Solana also saw decreases of 3.02% and 2.31%, respecti...
A post on X from The Bitcoin Historian account attributed to Fidelity Investments suggests investors increasingly view Bitcoin as a safe-haven asset and hints at renewed upward momentum. It also referenced a previous post predicting Bitcoin could rea...
Bitcoin's price dropped 4.1% in October to $80,159, while major altcoins like Cardano and Dogecoin fell between 13% and 19%. This divergence has shifted portfolio allocations, increasing Bitcoin's share from 50% to over 53% without trades. Investors ...
