Most major cryptocurrencies experienced price declines, including Bitcoin, Ethereum, and Binance Coin, which fell by less than 3%. However, some coins like Monero (XMR) and MNT showed significant gains, rising 10.89% and 7.90% respectively. The mixed performance highlights ongoing volatility in the crypto market, reflecting investor caution amid broader economic uncertainties. Traders should watch for further market shifts as these trends develop.
US wholesale inflation accelerated to 6.3% in September, driven by a 20.3% surge in gasoline producer prices, marking the largest jump since 2022. Despite this inflation rise, Bitcoin prices slipped slightly but remained above $81,000. Meanwhile, pre...
Bitcoin (BTC), the largest cryptocurrency by market value, fell below the $80,000 mark to $79,869 on Binance's spot market at 9:55 a.m. ET on October 15. This drop reflects a 1.04% decrease over the preceding hour, with the price moving from $80,649 ...
Bitwise CIO Matt Hougan argues that Bitcoin benefits under nearly every macroeconomic scenario related to AI's impact. Whether AI leads to economic superabundance, a bubble burst with government bailouts, or steady growth, Bitcoin is positioned to ga...
Bitcoin's price fell 1.04% within one hour ending 9:55 a.m. ET on October 15, dropping from $80,706 to $79,869. During this period, $22.28 million in long positions were liquidated across three major exchanges: Binance, Bybit, and OKX, alongside $660...
Bitwise CIO Matt Hougan stated that Bitcoin will increase in value no matter the economic outcome related to AI developments. If the AI bubble bursts, he expects a major government bailout, which would boost Bitcoin as money supply grows. Conversely,...
