Cryptocurrency markets saw a general decline with Bitcoin priced around $59,280, down 1.44%, and Ethereum falling 3.54% to about $1,562. Other major coins like BNB, XRP, and SOL also experienced losses. This reflects ongoing volatility in the crypto market, influenced by various factors including regulatory news and investor sentiment. Traders should watch for further market movements as these fluctuations continue.
Bitcoin fell below $60,000, causing $1.48 billion in crypto liquidations, mainly hitting long traders. This drop follows stronger U.S. inflation data, raising expectations that interest rates will stay higher for longer. Bitcoin options worth $9.33 b...
Bitcoin fell sharply by 5% to $58,000, its lowest level since 2024, before rebounding slightly to $59,400. The broader crypto market also declined, influenced by a hawkish Fed signaling imminent rate hikes. Despite the downtrend, derivatives data sho...
Bitcoin dropped to around $58,200, its lowest level this year, following US inflation data revealing the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, rose to its highest in over three years at 4.1% y...
Bitcoin traders are showing increased demand for put options ahead of the US May core Personal Consumption Expenditures (PCE) inflation data release, signaling anxiety about potential sharp price moves. The April PCE data surprised markets with highe...
Bitcoin derivatives investors are paying a high premium for downside protection, signaling market panic. This bearish sentiment may reverse if U.S. core personal consumption expenditure (PCE) inflation data, due Thursday, shows inflation cooling, red...
