Ethereum surged past $2,000 for the first time in over two months, reaching $2,112 after the US Treasury announced it would double bond buybacks to $4 billion. This move boosted the entire cryptocurrency market, pushing altcoins' total market cap above $1 trillion. Notable gains included Zcash (up 9%), XRP, and SOL. Analyst Michaël van de Poppe sees this breakout as a potential end to the bear market, with targets up to $2,900 if key levels hold.
Bitcoin's price surged past $68,000, causing $1.93 billion in leveraged crypto liquidations within 24 hours, predominantly affecting traders betting against the market. Short positions accounted for $1.75 billion of the liquidations, with Bitcoin alo...
The total cryptocurrency market capitalization surged by $113 billion in one day, driven by gains in Bitcoin and Ethereum, pushing the market cap close to $2.3 trillion. Despite this rally, the market remains fragile after losing about $780 billion e...
Ethereum surged 9.51% to $2,098.70, its strongest daily gain this summer, driven by the US Treasury's move to double long-dated bond buybacks, which lowered yields and the dollar, encouraging risk assets. ETH outperformed Bitcoin, closing just 1.13% ...
Bitcoin and Ethereum surged sharply, with Bitcoin nearing $70,000 and Ethereum surpassing $2,100, triggering $1.44 billion in losses for traders who bet on falling prices. Bitcoin rose nearly 6%, causing massive liquidations of short positions, while...
The crypto market gained momentum with total capitalization rising to about $2.2 trillion, driven by strong ETF inflows and positive investor sentiment. Bitcoin remains above $64,000 supported by nearly $486 million in weekly ETF inflows, while Ether...
