Markets were mixed today as global data and policy shifts shaped sentiment. In the US, job growth surprised to the upside, but rising unemployment and AI-driven labor disruptions kept caution in play. Asia delivered some of the biggest moves: China and India edged closer to complying with US sanctions on Russian oil, while India’s stock
Bitcoin has slipped below the $87,000 mark once again, extending a painful week for the world’s largest cryptocurrency. The cryptocurrency is facing mounting pressure as a combination of institutional outflows, miner sell-offs, and bearish technical signals weighs on the market. Selling pressure mounts across the market Over the past few hours, Bitcoin has fallen 2.68%
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