The cryptocurrency market experienced a rollercoaster ride on Tuesday, initially plunging into a sea of red following President Trump’s announcement of secondary tariffs. A $60 billion outflow dragged the market capitalization below the crucial $3 trillion mark, with Bitcoin retracing from a 17-day peak of $88,700 towards $87,100. The tariff …
Read More »Bitcoin Slightly Declines Amid Mt. Gox Transfers and Trump Tariff Speculations
Bitcoin edged lower on Tuesday, retreating from its recent gains as the defunct Japanese exchange Mt. Gox moved a significant amount of Bitcoin, raising concerns over potential sell-offs. Key Price Movement: Bitcoin dipped 0.4% to $86,731.9 (as of 01:55 ET / 05:55 GMT). The cryptocurrency had rallied earlier in the …
Read More »Bitcoin Surges as Market Cheers Trump’s Tariff Strategy
Bitcoin soared at the start of the week, rallying to $87,127.50 by 02:12 ET (06:12 GMT) on Monday, as investors welcomed reports that U.S. President Donald Trump may adopt a targeted, rather than broad, tariff approach starting April 2. Key Factors Behind Bitcoin’s Rally Targeted Tariffs Over Industry-Wide Levies A …
Read More »Cryptocurrency Market Price Action Down: Friday, March 21, 2025
On Friday, March 21, 2025, the cryptocurrency market shows cautious dynamics. Bitcoin trades around $84,117, down 2.08%, while Ethereum dips to $1,971. The total market cap hovers at $2.75 trillion to $2.86 trillion, up 0.49%, though trading volume fell 6.49% to $98.3 billion. The Fear & Greed Index at 26 …
Read More »Bitcoin Slides Amid Economic Uncertainty, Altcoins Follow Suit
Bitcoin and the broader cryptocurrency market faced renewed selling pressure on Friday, as uncertainty over U.S. interest rates and trade tariffs dampened risk appetite. The market struggled to sustain gains from earlier in the week, as investors remained cautious about macroeconomic headwinds. Bitcoin Under Pressure as Fed Holds Rates, Tariff …
Read More »Cryptocurrency Market Recap – March 20, 2025
The cryptocurrency market displayed a mix of resilience and volatility on March 20, 2025, with a total market capitalization hovering around $2.91 trillion, reflecting a modest 0.01% increase from the previous day. Bullish sentiment dominated much of the market, driven by significant regulatory and institutional developments, though some assets faced …
Read More »Bitcoin’s Rollercoaster: ETF Exodus and Market Uncertainty
The cryptocurrency market is currently experiencing a period of intense volatility, with Bitcoin at the epicenter. Significant outflows from Bitcoin-linked investment funds, coupled with a palpable shift in market sentiment, paint a picture of uncertainty. Over the past five weeks, these investment vehicles have witnessed a substantial withdrawal of funds, …
Read More »Bitcoin Drops as Traders Await Federal Reserve Decision
Bitcoin fell on Tuesday, extending its cautious performance from the previous session, as investors awaited the U.S. Federal Reserve’s policy meeting, set to begin later in the day. As of 02:32 ET (06:32 GMT), the world’s largest cryptocurrency dropped 1% to $82,415.50, reflecting ongoing market uncertainty. Fed Policy Decision in …
Read More »Bitcoin Drops as Traders Brace for Federal Reserve Decision
Bitcoin (BTC) fell on Monday, extending its weekly decline as investors remained cautious ahead of the U.S. Federal Reserve’s interest rate decision later this week. Bitcoin Price: Down 1.6% to $83,191.20 by 01:57 ET (05:57 GMT) Weekly Performance: Over 1% loss Crypto Markets on Edge Amid Fed Decision and Tariff …
Read More »Market weekly wrap: gold at all-time high amid anticipation of Fed’s decision
Gold concluded the week on a strong upward trajectory, recording significant gains driven by the weakness of the U.S. dollar. This performance was further bolstered by diminished risk appetite in financial markets and reports highlighting a substantial increase in central bank purchases of the precious metal. Several factors contributed to …
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