The crypto market crash continued its strong downtrend on Friday, with Bitcoin tumbling to $85,000. Ethereum plunged by 7.65% in the last 24 hours to $2,800, while XRP, BNB, Solana, and Dogecoin dived by over 5%. So, why is the crypto crash happening? Crypto market crashes intensified as stocks plunged The ongoing crypto crash intensified
Institutional exit is among the reasons behind today’s continued sell-offs in the digital currency market. The turmoil coincides with substantial uncertainty in crypto ETFs, with the products delivering what seems to be an upside-down performance. Market movers Bitcoin and Ethereum battled massive selling momentum, while Solana and XRP attracted fresh funds, likely as the latest
The cryptocurrency market has stabilised over the past few hours, following a sharp correction earlier this week. Bitcoin rallied above $93k a few hours ago but has now slightly declined towards the $91k region. The leading cryptocurrency is still supporting the $90k key support level. Failure to defend this level could see Bitcoin suffer further
New Hampshire has made history by approving the first Bitcoin-backed municipal bond in the United States, a $100 million conduit designed to bring digital assets into traditional debt markets. The move positions the state as a trailblazer in bridging cryptocurrency with institutional finance, while providing a model that could influence how governments and corporations manage
Bitcoin has been under immense pressure recently amid a broader sell-off in risk assets, mostly due to the government shutdown-driven macroeconomic uncertainty. As its price slipped below the closely watched $90,000 level this week, BTC even formed a “death cross” – a technical pattern that often accelerates downward momentum in the near-term. A death
Bitcoin price saw a short rebound above $93,000 today before bulls lost momentum late in the day and prices retreated towards multi-month lows around $90,000. Total crypto market cap, however, had accumulated some gains but later receded to the $3.2 trillion mark with less than a 0.5% move on the downside. Sentiment remained shaky at
The Abu Dhabi Investment Council significantly expanded its exposure to Bitcoin during the third quarter, increasing its position in BlackRock’s iShares Bitcoin Trust ETF shortly before a sharp correction hit the broader cryptocurrency market. Regulatory filings show that ADIC, an independently run arm of Mubadala Investment Co., boosted its holdings in the ETF to almost
Litecoin fell 6% to come close to $90 on Wednesday, with LTC feeling the downside pressure as Bitcoin briefly dipped below $90,000 – again. The decline for BTC also saw Ethereum struggling to maintain a key support level, with its price dipping under $3,000. Many altcoins bore the brunt of the downside momentum. The crypto
A short-lived rebound in cryptocurrencies evaporated on Wednesday, with Bitcoin tumbling 4% back below $90,000 even as US stocks advanced. Bitcoin slipped to about $89,398, down 4.2% on the day and 12.2% over the week, with the broader market firmly in risk-off mode as total crypto market value dropped nearly 5% today. Ethereum traded near
Politics, tech, and crypto all delivered major headlines on Wednesday. The White House has kicked off its search for a new Federal Reserve chair, Nvidia’s highly anticipated earnings have Wall Street on pause, and Adobe is making a big move with a $1.9B acquisition of Semrush. Meanwhile, Bitcoin’s slide deepened, falling to a seven-month low