#CryptoMarket

Bitcoin’s Market Tumble Triggers Over $145 Million in Liquidations In a volatile 24-hour window, more than $145 million in Bitcoin long positions were liquidated as prices tumbled to their lowest in months. Market analysts attribute the sharp decline primarily to reduced interest from investors in the United States, which significantly influenced the recent market downturn.…

The cryptocurrency market cap has seen a decrease of approximately 4%, now standing at roughly $2.48 trillion. This decline is predominantly driven by Bitcoin, which was trading at around $64,253 early Thursday in the Asian markets, after struggling to breach the significant $67k resistance level. More than $212 million in crypto assets were liquidated recently,…

As of the evening of April 22, Ethereum (CRYPTO: ETH), with a market capitalization of $360 billion, holds the title of the second most valuable cryptocurrency globally, trailing only behind Bitcoin in terms of market influence. Over the past five years, Ethereum’s native token has experienced a meteoric rise, escalating nearly 1,700% in value. This…

In the world of cryptocurrencies, a seismic shift is anticipated with the forthcoming Bitcoin (BTC) halving event slated for April 19. This event, historically, has not just influenced Bitcoin but has also acted as a springboard for altcoins, propelling them into significant rallies. Data from past halving occurrences highlight a marked reduction in Bitcoin’s market…

Bitcoin’s resurgence is painting the crypto landscape in bullish hues, propelling its value towards the $72,000 mark, a feat observed after a period of stagnant trading. Current insights from CoinMarketCap reveal that Bitcoin, the titan of cryptocurrencies, is inching closer to surpassing its March peak of $73,737 by approximately 3.4%, heralding an optimistic outlook for…

In the latest market movements, Bitcoin (BTC) witnessed a downward adjustment, finding its footing around the $66,000 mark, as market enthusiasts grappled with the resurgence of Treasury yields and the looming prospect of postponed Federal Reserve rate adjustments until later this year. Concurrently, Ether (ETH) hovered just above the $3,300 threshold, and the broader CoinDesk…

On the trading day of March 29th, Litecoin stood out as the top performer among the elite group of the top 20 cryptocurrencies, boasting a remarkable 12% gain within a swift 12-hour trading session. A dive into on-chain analytics reveals the catalysts propelling the impressive surge in Litecoin’s valuation and sheds light on how market…

As we approach the end of the quarter, the crypto market braces for a significant event with $15 billion in Bitcoin and Ethereum options poised to expire this Friday, March 29th. Deribit, a premier options trading platform, is at the forefront, with plans to close out Bitcoin options contracts valued at $9.5 billion, alongside Ethereum…

As the decentralized finance (DeFi) realm evolves, Ether.fi emerges as a noteworthy contender, having launched its governance token on March 18th amidst much speculation. The initial market reaction saw a 20% drop to $2.83 following its Binance listing, yet, Ether.fi’s value soared over 70% to an all-time high of $6.41 by March 27, 2024. This…

With Bitcoin’s market capitalization reaching a historic high of $1.451 Trillion, investors are gearing up for potential gains well ahead of the upcoming Division. The largest cryptocurrency by market cap has shown a notable reversal in late 2023 and this trend has continued into 2024, affirming the dominance of the bullish market sentiment. The surge…