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Cryptocurrency

Bitcoin Drops Below $116,000 as Caution Mounts Ahead of U.S. Fed Meeting and Crypto Policy Report

Bitcoin faced a decline on Friday, dropping below $116,000 amidst growing caution in the market. The cryptocurrency fell by 1.8% to $115,555.4 as of 01:28 ET (05:28 GMT), pressured by large wallet movements and profit-taking after a record high above $123,000 last week. Whale Movements and Profit-Taking Pressure The drop …

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Cryptocurrency Market Update and Key Developments

The cryptocurrency market experienced varied performance on July 23, 2025, with most major assets recording declines. Below is a snapshot of the prices and their daily percentage changes:Bitcoin (BTC): $117,706.94, down 1.42%Ethereum (ETH): $3,551.29, down 4.13%Ripple (XRP): $3.1106, down 12.35%Tether (USDT): $1.0003, up 0.01%Binance Coin (BNB): $760.57, down 2.69%Solana (SOL): …

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Bitcoin Edges Higher Amid U.S.-Japan Trade Deal, But Consolidation Persists

Bitcoin traded slightly higher on Wednesday, continuing its recent consolidation phase after surging to record highs earlier this month. The world’s largest cryptocurrency rose by 0.5%, reaching $118,582.7 as of 02:10 ET (06:10 GMT). Bitcoin’s Rangebound Trading Amid Broader Market Sentiment Bitcoin has been trading within a narrow range since …

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Corporate Ethereum Surge Drives Blockchain Momentum

On Monday, Ethereum traded at $3,734.50, down 0.64% (-$24.00), consolidating within an ascending triangle after a 25.54% weekly gain. Bitcoin (BTC-USD) stood at $116,941, down 0.39%, ranging between $116,000 and $120,000. Corporate adoption of Ethereum, fueled by its decentralized finance (DeFi) infrastructure, influences the U.S. Dollar Index (DXY) at 97.878, …

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Weekly market wrap: dollar is a gainer with new records for bitcoin

The U.S. dollar posted weekly gains after prevailing over a range of competing market forces throughout the past week. President Donald Trump last week threatened to impose a 30% tariff on the European Union and Mexico, effective August 1st. Market turbulence—sparked by President Trump’s remarks and trade policy actions—persisted throughout …

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Bitcoin Reaches $120,000 as U.S. House Passes Landmark Crypto Bills

Bitcoin surged above $120,000 in Asian trade on Friday, continuing its impressive rally and heading for its fourth consecutive weekly gain. The latest push was driven by optimism surrounding U.S. cryptocurrency legislation, with the U.S. House of Representatives clearing three bills aimed at establishing a clearer regulatory framework for digital …

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