Tuesday saw major developments across the world with major geopolitical decisions, sharp moves in digital assets, regulatory milestones in technology, and renewed political pressure in Washington. UN Security Council’s backing of a new Gaza peace framework to Bitcoin’s renewed downturn, SoftBank’s deepening push into AI chip infrastructure, and the US House’s mounting drive to force
The crypto market crash continued on Tuesday, with Bitcoin plunging below the important support level at $90,000. Most altcoins were in the red, with their market capitalization falling to $3..07 trillion from $4.27 trillion in October. Reasons for the ongoing crypto market crash There are a few reasons why the crypto market crash is happening.
US-listed spot Bitcoin and Ethereum exchange-traded funds continued to bleed capital on Monday, registering a combined $437 million in net outflows as the digital-asset market endured another wave of selling pressure. Data from Farside investors showed that spot Bitcoin ETFs saw $254.5 million exit the products, while spot Ether ETFs recorded $182.8 million in redemptions.
Tether seeks to expand access to collateralised lending across the digital assets ecosystem and sees Bitcoin-backed loans platform Ledn as a key player. USDT issuer Tether, one of the largest crypto companies in the world, announced this move with a strategic investment in Ledn. The investment is part of Tether’s commitment to global financial inclusion,
The crypto market is showing renewed strength after a dramatic shakeout earlier, with major tokens recovering from steep declines triggered by liquidations, macroeconomic pressures, and political uncertainty. Bitcoin, which briefly slipped below $90,000 for the first time in seven months, has rebounded toward the $93,000 level as overall market sentiment steadies. At press time, Bitcoin
The MSTR stock price has collapsed this year, moving from the year-to-date high of $456 to $208 today. That crash has led to a $60 billion wipeout, with its market capitalization moving from over $128 billion to $60 billion today. Strategy mNAV crashes below 1 Strategy stock price continued its strong downward trend this month
The cryptocurrency market took another hit this week as Bitcoin plunged below $100,000 for the third time in November on Thursday. Notably, the latest crash caught participants off guard as many had hoped the US government reopening might trigger risk appetite and lift crypto prices. Bitcoin is trading at $96,480, and the prevailing investor caution
Markets and geopolitics drove the news cycle on Friday, with Wall Street swinging sharply on fears of overheated AI valuations and fading hopes for a Fed rate cut. Corporate shake-ups also made headlines as Walmart named John Furner its next CEO. Tensions rose in Asia after China blasted Japan over comments linking Taiwan to Japan’s
The past week has been a turbulent one for Bitcoin, marked by sharp volatility and a broader market sentiment that remained firmly risk-averse. A significant chunk of value was erased across the crypto landscape, with the total market cap briefly climbing above $3.6 trillion during the middle of the week before slipping to the lower
Bitcoin price has remained under pressure in the past few months, moving from a high of $126,300 in October to the current $95,785. This crash has mirrored the ongoing performance of other cryptocurrencies. So, how low can the top blue-chip get? Bitcoin price technical analysis on the daily chart The daily timeframe chart shows that