BITCOIN MARKET DOMINANCE
Bitcoin drops below $75,000 as strong US jobs data and ETF outflows weigh on crypto markets
The price of Bitcoin has recently fallen under $75,000, as strong US job data signals potential tightening of monetary policies. Trading at $74,796, Bitcoin is dealing with considerable strain from ETF outflows and liquidations. Analysts predict that regaining the $76,000 threshold could enhance its prospects. Additionally, Ethereum is under pressure, requiring a rise above $2,230 to gain any positive traction in the current volatile cryptocurrency market.
Trump Media's investors lost $2.2 billion while Trump holds $460 million stake
Ske Jarzenske and other Trump Media investors are facing severe losses as the company's stock value has plummeted. Many investors had high hopes for the social media platform, believing in its potential profitability under Trump's leadership. Instead, Trump Media's shares have lost significant value, and discontent among shareholders has grown. The company's revenue remains stagnant, leading investors to question management practices and investor trust.
How Indian investors’ portfolios are changing: From property and gold to SIPs and ETFs
Indian households are re-evaluating their asset allocations as gold holdings rise and equity investments remain stable. Recent data reveals a significant increase in household wealth, particularly in gold and real estate. Households are moving from traditional savings to market investments, notably through systematic investment plans. Meanwhile, financial behaviors are changing, with more monthly contributions being made to equities.
Dollar rangebound ahead of US midterms; bitcoin reels from crypto heist
Major currencies remained steady as traders evaluated the upcoming US midterm elections and significant economic data. Bitcoin and Ether experienced losses after a major security breach at Binance, raising investor concerns. The euro hovered near a 17-month low following Fitch's revision of France's outlook to negative. Hedge funds reportedly faced significant losses that could limit market reactions to election results.
Bitcoin hovers near $80,000 and Ethereum tests $2,300 as macro and geopolitical risks weigh on crypto markets
Bitcoin traded near $80,000 while Ethereum hovered around $2,327, as macroeconomic uncertainty and geopolitical risks tempered crypto sentiment. Investors monitored Federal Reserve signals, ETF flows, inflation data and options expiry amid cautious technical outlooks and mixed altcoin performance.
Yen jumps after JGB auction draws big demand, euro finds relief
The yen experienced a notable rise against the dollar, driven by unprecedented demand for long-term Japanese government bonds. In France, curfews were enacted in response to widespread anti-government protests, which pose challenges for President Emmanuel Macron's administration. Meanwhile, the euro gained momentum alongside a rise in European bond futures amid persistent political uncertainties in France and Italy.
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Bitcoin trades near $86,000 as weaker US jobs data dims October Fed rate hike bets
Bitcoin traded near $86,000 on Monday after weaker US jobs data sharply reduced expectations of an October Fed rate hike. Analysts said the softer macro backdrop, improving institutional demand and ETF inflows could support prices, though elevated Treasury yields and oil above $100 may continue to weigh on risk appetite.
Bitcoin retreats from eight-month high after dizzying 13% rally
Bitcoin pulled back to about $85,500 after a surge of 13% in four days, supported by broader risk-asset gains, ETF inflows, bullish options positioning, and corporate buying. Analysts debate whether momentum reflects renewed conviction or short covering. Despite improved sentiment, elevated oil prices, Treasury yields, and competition from AI investments remain significant headwinds.
US stocks today: US stocks slip as higher Treasury yields weigh on sentiment
US stocks ended mixed on Friday as Treasury yields topped 5% and crude oil stayed above $100 a barrel, keeping inflation worries alive. The Nasdaq gained as semiconductor stocks rallied, while the Dow slipped. Investors also assessed the Fed's rate outlook, triple witching volatility and fresh corporate developments.
Lenskart block deal: Rs 2,047 crore stake sale likely; Platinum Jasmine may offload 1.7% holding
Bitcoin has gained 61.7% over five years, outperforming Ethereum and Solana, which declined 26.2% and 27.9%. Analysts attribute Bitcoin’s lead to institutional adoption, ETF flows, liquidity and scarcity, while Ethereum and Solana remain more sensitive to network activity and crypto narratives.
Bitcoin vs Ethereum vs Solana: Which crypto asset is best positioned for the next bull run?
Bitcoin has gained 61.7% over five years, outperforming Ethereum and Solana, which declined 26.2% and 27.9%. Analysts attribute Bitcoin’s lead to institutional adoption, ETF flows, liquidity and scarcity, while Ethereum and Solana remain more sensitive to network activity and crypto narratives.
Bitcoin slips below $80,000 after Kevin Warsh’s inflation vow
Bitcoin slipped below $80,000 after hawkish comments from Fed Chair Kevin Warsh raised concerns over interest rates and weighed on risk assets. The cryptocurrency is now trading near key support levels, with analysts watching $77,000 closely. Meanwhile, US spot Bitcoin ETFs ended a nine-session inflow streak with nearly $202 million in outflows, signalling some cooling in institutional demand.
Bitcoin consolidates near $80,000 after hitting $81,280 as buying momentum stays strong
Bitcoin consolidated near $80,000 on Friday after touching $81,280 as buying momentum remained strong. Analysts said sustained ETF inflows, a softer dollar, improving regulatory sentiment, and institutional demand are supporting the rally. However, Bitcoin faces resistance around $80,800-$83,300, with experts advising caution near key resistance levels.
Bitcoin holds near $76K despite 3% dip; strong buying reflects market confidence
Bitcoin and Ethereum are holding steady near recent highs. Despite a minor dip, buying interest remains strong. The global crypto market cap has edged down, but trading volumes are up. Analysts suggest the market is in a risk-off mode, with institutional demand providing support. Near-term sentiment hinges on Bitcoin's key support levels and macro economic cues.
Bitcoin’s throne is wobbling, and Ethereum could be king soon - here's the story no one is talking about
Bitcoin vs Ethereum: Bitcoin's market dominance is waning as Ethereum surges, fueled by tech upgrades and regulatory support. Ethereum's price has skyrocketed, outperforming Bitcoin's modest gains, with co-founder Vitalik Buterin rejoining the billionaire ranks. Pro-crypto reforms and significant inflows into Ethereum ETFs further solidify its position as a major player in the crypto space.
Bitcoin trades near $97,000 ahead of US Fed policy meeting; Altcoins jump up to 13%
Bitcoin briefly surpassed $97,000 amidst a broad cryptocurrency rally, fueled by anticipation surrounding the US Federal Reserve's interest rate decision and easing geopolitical tensions. Ethereum also saw gains, contributing to a global crypto market capitalization of $3 trillion.
Bitcoin holds near $95,000 amid strong institutional inflows; Altcoins trade mixed
Bitcoin is maintaining its position near $95,000, bolstered by institutional investments and strong technical indicators. Market sentiment is positive, fueled by Strategy's significant BTC purchase and optimistic projections from Standard Chartered. While altcoins show mixed performance, Bitcoin's resilience above key support levels and positive funding rates suggest continued bullish momentum, with potential targets near $100,000.
Bitcoin tops $88,000 amid Dollar weakness; Altcoins under pressure
Bitcoin surged past $88,000 amid dollar weakness and strong ETF inflows, while Altcoins like Ethereum and Polkadot faced pressure. Analysts see potential for BTC to test $93,000 as institutional interest returns.
Explainer: How would a US crypto strategic reserve work?
Donald Trump signed an executive order in January for the creation of a digital asset working group to explore the possibility of a strategic bitcoin reserve. Trump had directed the group to turn in a report by July addressing criteria for such a stockpile, potentially derived from cryptocurrencies seized by the federal government.
What does Trump's new cryptocurrency initiative mean for the future of bitcoin?
President Trump has directed the creation of a digital asset working group to explore a US cryptocurrency stockpile, potentially sourced from federally seized cryptocurrencies. The initiative sparked debate over the benefits and risks, such as market impacts and strengthening the U.S. dollar versus bitcoin's volatility and lack of intrinsic value.
Bitcoin scales past $107,000 to hit new record high; Altcoins trade mixed
Bitcoin (BTC) surged to a record high of $107,780 on Tuesday, driven by positive sentiment towards digital currencies. As of 10:16 AM IST, BTC was trading at $106,482, up 1.9% in the past 24 hours. Ethereum also saw a 1.4% increase, trading at $4,006.
How would a U.S. bitcoin strategic reserve work?
President-elect Trump's proposed U.S. bitcoin strategic reserve, potentially starting with seized tokens, aims to bolster American dominance in the crypto market. This reserve could be funded by Treasury profits or gold sales, with potential benefits including deficit reduction and a stronger dollar. However, critics question bitcoin's long-term value and vulnerability to cyberattacks.
Mapping the bull market: Insights into bitcoin’s position in the cycle
Bitcoin's recent surge to near $100,000 has reignited investor interest. This rally is driven by the halving cycle, which historically triggers significant price increases. Retail investors are returning to the market, attracted by the potential for high returns. However, it's crucial to remember the inherent volatility of the crypto market and conduct thorough research before investing.
Bitcoin falls below $61,100 ahead of US inflation data; Solana, Shiba Inu drop up to 4%
Avinash Shekhar, Co-Founder & CEO of Pi42, noted, "Bitcoin is showing bearish momentum. The Crypto Fear & Greed Index dropped to 39, entering the 'Fear' zone, indicating fear dominance in the market. Traders are waiting for US economic data, which may shift investor sentiment in this highly volatile environment."
Cryptocurrency prices on August 20: Bitcoin, Ether surge up to 4% on bets for dovish Fed
On Tuesday, Bitcoin and Ether prices surged up to 4% amid hopes for rate cuts from the Federal Reserve. Investors eagerly awaited insights from the Fed's July meeting minutes and Jerome Powell’s speech at the Jackson Hole Symposium.
Bitcoin down 20% from post-ETF highs
Bitcoin has fallen over one fifth since its peak earlier this month, hit after the United States approved its first spot bitcoin exchange traded fund (ETF), as investors who had bought in expectation of the approval sold after the confirmation.
Crypto Price Today: Bitcoin rises above $34,600; Dogecoin, Shiba Inu jump over 6%
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, surged to $675 billion. Bitcoin's dominance is currently 53.24%, according to CoinMarketCap. BTC volume in the last 24 hours declined 27.1% to $24.14 billion.
Crypto Price Today: Bitcoin nears $28,000; Ethereum rises above $1,550
"BTC and ETH both showed positive gains over the weekend, driven by the news that the SEC won't appeal the court decision regarding Grayscale's spot Bitcoin ETF application. This news has sparked the interest of investors, as it raises the likelihood of a BTC spot ETF approval by the end of the first quarter of 2024," said CoinDCX Research Team.
Cryptoverse: Ether snaps at bitcoin's heels in race for crypto crown
Bitcoin's dominance, or its share of the crypto market's market value, has slipped to 39.1% from this year's peak of 47.5% in mid-June, according to data platform CoinMarketCap.
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