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Crypto market chart showing a sharp 10% decline and Bitcoin price falling below $96,000.

Crypto Market Suffers 10% Drop Amid $1.25 Billion Liquidations

The crypto market faced a sharp downturn, losing 10% in value and seeing liquidations exceed $1.25 billion within 24 hours. Bitcoin slid below $96,000, while meme coins recorded the steepest losses. Source: https://www.linkedin.com/pulse/crypto-market-outlook-second-half-2023-better-fly-marketing/ Data from Coinglass revealed Bitcoin faced $45 […]

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Bitcoin price surge August 2024

Crypto Market Recovers: Predictions of September Fed Rate Cut

On Tuesday morning, Bitcoin (BTC) surged past $56,000 briefly, reflecting a rebound in the crypto market. CoinGecko data shows BTC at $55,713, up 3% in 24 hours. This recovery follows recent market downturns, sparked by global risk aversion.ย  Source: https://economictimes.indiatimes.com/news/international/world-news/fed-under-pressure-to-cut-rates-as-market-turmoil-continues/articleshow/112302644.cms?from=mdr

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Bitcoin's Reaction to U.S. Non-Farm Employment Data Release

U.S. Non-Farm Employment Data Released, Bitcoin Reacts

Bitcoin, the leading cryptocurrency, fell suddenly to $62,300 last night. Analysts suggest the fall might continue. Today, attention is on the U.S. economic data, which could impact Bitcoin and altcoins.ย  Source: https://www.xflowmarkets.com/market_news_updates/%F0%9F%94%94-nfp-non-farm-payrolls-forecast-december-2023-%F0%9F%93%88/ The first Friday of each month sees investors

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An informative graph showing the massive $563 million outflow from U.S. Bitcoin ETFs on a single day, despite assurances from Fed's Chairman Jerome Powell of no rate hike.

Record $563M Outflow from U.S. Bitcoin ETFs Despite Fed’s Powell Rejecting Rate Hike

In a significant development, U.S.-based Bitcoin ETFs experienced a massive outflow of $563 million on Wednesday. It marked a record withdrawal despite Federal Reserve Chairman Jerome Powell’s assurance against a rate hike. According to data from Farside Investors and CoinGlass,

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