Major cryptocurrencies surged in Monday’s trading session after data last week showed U.S. inflation had stabilised in April, keeping the door open for the Federal Reserve to cut interest rates later in the year. At 1:18 pm, BTC was trading 1.7% higher at $68,870, while Ethereum rose marginally 0.5% to $3,813. Meanwhile, the global cryptocurrency … Read more
In February 2024, Bitcoin has posted the biggest monthly gain since December 2020. In the last 24 hours, unprecedented volumes were seen in Bitcoin spot ETFs with a total of $7.5 billion being traded Continuing its winning streak on Thursday, Bitcoin in February 2024 posted its biggest monthly gain in more than three years and … Read more
KEY POINTS The first lot encompasses approximately 2,800 BTC The second lot comprises 58 BTC As of 3:10 a.m. ET on Friday, Bitcoin displayed resilience in the market, trading at $40,126.74 The United States Government has unveiled a strategic initiative to divest approximately $130 million worth of Bitcoins that were originally confiscated in connection with … Read more
The cryptocurrency markets were trading lower on Wednesday after US data reignited inflation concerns and elevated bets of a delay in rate cuts, ahead of the Federal Reserve’s policy decision. Inflation concerns in the US re-emerged after data showed the Consumer Price Index (CPI) unexpectedly inched higher in November month-on-month but edged lower on an … Read more
Bitcoin just cannot seem to catch a break from its southward price trajectory this year. Currently trading at $21,454.37, the largest cryptocurrency has already slipped 51.82% in value to date in 2022. Naturally, long-term investors aka HODLers are seriously rattled. No wonder BTC is leaving crypto exchanges in droves. The trend began shortly after the … Read more
