Cryptocurrency markets saw a general decline with Bitcoin trading around $64,607, down nearly 1%, and Ethereum falling over 2% to $1,878. Other major coins like Binance Coin and Solana also experienced slight drops. Stablecoins remained steady near their pegged values. This dip reflects ongoing market volatility and investor caution amid broader economic uncertainties. Investors should monitor market trends closely for potential recovery or further declines.
Bitcoin's 90-day correlation with gold has surged from -0.9 to +0.7 due to fiscal and geopolitical risks, signaling a return of its 'digital gold' status. Meanwhile, Shiba Inu (SHIB) whale wallets have dropped to just 0.04% of holders, though they st...
U.S. Consumer Price Index (CPI) inflation in July rose 3.4% year-over-year, matching economists' expectations and showing a slight slowdown from June's 3.5%. Core CPI, excluding food and energy, increased 2.5% annually, also in line with forecasts. T...
Bitcoin price recovered above $64,000 after briefly dropping to around $63,200 due to a leveraged-position sell-off ahead of key U.S. inflation data. The price bounce was supported by buyers entering near the lower range, despite a $174 million contr...
Bitcoin's price has stabilized around $64,000 but lacks the momentum for a sustained bull run. Key technical indicators, including moving averages and momentum metrics, suggest the market is still trying to find a bottom rather than entering a bullis...
XRP faces potential volatility after its futures open interest rose to 2.67 billion XRP, the highest since October, while its price hovers near a critical $1 level. A recent exploit drained about $200,000 worth of XRP from a bridge, adding to market ...
