Cryptocurrency markets saw a broad decline with major coins like Bitcoin dropping 3.67% to $63,317 and Ethereum falling 3.10% to $1,764.97. Other notable coins such as Binance Coin, Solana, and Cardano also experienced significant losses. Stablecoins remained mostly stable around their pegged values. This downward trend reflects ongoing market volatility and investor caution. Traders should watch for potential recovery signals or further declines in the coming days.
Solana's price fell to a multi-year low around $69.97, down over 6.8% in 24 hours and 18.3% monthly, following a broad crypto sell-off triggered by Bitcoin dropping toward $61,300. This led to $1.6 billion in leveraged liquidations, pushing Solana be...
Bitcoin has dropped more than 15% this week, briefly nearing $61,000, yet Standard Chartered maintains its year-end price target of $100,000. The bank views the recent selloff as potentially nearing its end, citing smaller liquidation volumes compare...
Cryptocurrency markets experienced a broad decline, with Bitcoin falling 3.29% to $63,699 and Ethereum down 2.85% to $1,774. Major altcoins like Binance Coin, XRP, and Solana also saw notable drops. This downturn reflects ongoing market volatility an...
Dave Portnoy, founder of Barstool Sports, announced he will not sell his XRP and Bitcoin holdings despite suffering multimillion-dollar losses due to a prolonged crypto market downturn. He revealed that his XRP position, bought near a peak at $1.70, ...
Bitcoin fell to around $61,310 on June 4 after Strategy (formerly Microstrategy) sold 32 BTC, ending its buy-and-hold streak since 2022. The sale was minor but symbolically significant, sparking debate over its impact amid $4 billion in outflows from...
