Bitcoin extended its rally on Friday, briefly surpassing the $97,000 mark as the cryptocurrency moved towards the critical $100,000 resistance level. This level has proven difficult for Bitcoin to breach over the past two weeks. At 11:49 am IST, Bitcoin was trading at $96,777, up 1.5%, with an intraday high of $97,739. Meanwhile, Ethereum rose … Read more
Bitcoin prices (BTC) surged over 3% on Wednesday and traded at $65,758 around 12 pm India time. BTC has seen a high traction among investors amid higher inflows coupled with positive sentiments since an assassination attempt at the US presidential candidate Donald Trump, with odds of the former president winning the upcoming election, shooting up. … Read more
Bitcoin prices (BTC) surged over 3% on Wednesday and traded at $65,758 around 12 pm India time. BTC has seen a high traction among investors amid higher inflows coupled with positive sentiments since an assassination attempt at the US presidential candidate Donald Trump, with odds of the former president winning the upcoming election, shooting up. … Read more
Cryptocurrency prices declined on Thursday as markets awaited September US inflation data. The global cryptocurrency market cap fell by 1.94%, landing at approximately $2.13 trillion over the past 24 hours. As of 12:40 PM IST, Bitcoin was down 2.12%, trading at $61,042, while Ethereum slipped 1.4% to $2,398. “Bitcoin is facing selling pressure. The downturn … Read more
Major crypto tokens traded mixed on Friday. Bitcoin, Ethereum, BNB, Solana, Tron, and Uniswap witnessed slight declines of up to 2%, while XRP, Toncoin, Cardano, Avalanche, Polkadot, and Litecoin saw gains, climbing as much as 5%. As of 1:07 pm IST, Bitcoin had slipped 2% to $57,939, while Ethereum dropped 0.8% to $2,342. Meanwhile, The … Read more
Blue-chip cryptocurrencies Bitcoin and Ethereum surged Thursday as Federal Reserve minutes suggested that U.S. interest rate cuts may commence within weeks. The minutes validated bets on a rate cut next month and said the “vast majority” of policymakers felt that if data came in as expected, a September cut was likely to be appropriate. As … Read more
Bitcoin and Ether prices surged on Tuesday, reflecting a recovery across global markets battered by recent sell-offs. This bounce-back was supported by reassuring statements from central bank officials and positive U.S. economic data. US economic data released on Monday suggested that a recession isn’t imminent. The July ISM Services PMI exceeded economists’ expectations, registering at … Read more
Major cryptocurrencies fell in Thursday’s trade following the Federal Reserve’s decision to keep the key interest rate unchanged. Overnight, the US Federal Reserve maintained its key interest rate at 5.25–5.5% for the eighth consecutive time, as expected, while signaling the possibility of a rate cut in its next meeting in September. The Federal Open Market … Read more
Ahead of tonight’s US Fed meeting, where Jerome Powell is expected to signal the timing and number of potential rate cuts, cryptocurrency markets traded lower on Wednesday, with Bitcoin and Ethereum leading the decline. At 1:48 pm IST, Bitcoin (BTC) was trading 1.3% lower at $66,088, while Ethereum fell nearly 1.11% to $3,313. Meanwhile, the … Read more
Why Privacy Coins are the Future of Crypto Investments? – The Economic Times Video | ET Now ET Spotlight | 24 Jul 2024, 04:16 PM IST Explore the world of privacy coins and discover how they offer true financial secrecy. Unlike traditional cryptocurrencies, privacy coins like Monero, Zcash, and Dash mask transaction details to keep … Read more
