Bitcoin and most cryptocurrency prices have crashed in the past few days as concerns about Donald Trump's Liberation Day tariffs rise. BTC crashed to $83,000 from this week's high of $89,000. This article explains why BTC and other altcoins like Pi Network, Jasmy, VeChain, and Quant (QNT) prices have crashed.
The crypto market is back in bearish territory after major cryptocurrencies registered a notable decline over the past 24 hours. As a result, the crypto market cap is down 1.20% and currently sits at $2.83 trillion.
The crypto market dipped into the red over the past 24 hours as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap dropped to $2.86 trillion.
The crypto market continued doing well on Thursday as demand from retail investors rose. Many of these investors are simply buying the dip after these coins crashed by double digits from their highest levels in November last year.
With March coming to an end, the crypto market is closing Q1 2025 on a bearish note. However, the altcoins are turning around, aided by the slow recovery across the market, which could help start Q2 and April off on a good note.
The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.
Here's how some of your favorite assets concluded the week.
The Jasmy price has moved into a bear market after crashing from last year's high of $0.0595 to $0.012, its lowest level since February last year.
Despite a recent recovery, the cryptocurrency market downtrend continues. In a situation where the market's volatility and unpredictability are high, smart crypto trading decisions are mandatory, especially to save oneself from losses.
Binance has announced the first batch of “Vote to Delist” tokens, adding top altcoins such as JasmyCoin (JASMY), Zcash (ZEC) and FTX Token (FTT). The exchange said these first tokens in the community co-governance initiative on listing and delisting have monitoring tags.
The crypto markets remained flat on Tuesday, with the market cap registering a marginal increase and moving to $2.72 trillion. Prices have remained relatively muted as markets wait for the FOMC meeting and clarity on interest rate cuts.
Cryptocurrency prices resumed their downward trend on Tuesday as market participants awaited the second Federal Reserve interest rate decision of the year. Pi Network (PI), the viral tap-to-earn token, was one of the worst performers, dropping by almost 13%.
TL;DR GLIF has launched its native token, GLF, distributing 94 million tokens in an airdrop to active users, which represents 9.4% of the total supply. Although GLF is currently a governance token, the protocol is working to expand its utility, including a loyalty program inspired by airline miles.
The GLF token launch comes as GLIF moves beyond Filecoin, with plans to support additional decentralized physical infrastructure networks.
The crypto market remained relatively flat over the past 24 hours, with the market cap registering a marginal decline and falling to $2.71 trillion. Markets were mixed, with some cryptocurrencies registering marginal increases while others registered marginal declines.
Crypto prices will be in the spotlight this week as investors focus on the upcoming Federal Reserve interest rate decision and Donald Trump's tariffs. Hopes that the Fed will embrace a more dovish tone will be a bullish catalyst for these assets.
The cryptocurrency market remains on edge as Bitcoin (BTC) struggles within a tight range of $76,000 to $84,472, weighed down by trade tensions and economic uncertainty.
Bitcoin and most altcoins bounced back on Friday as investors bought the dip after a report showed that consumer confidence had slumped. Ripple (XRP) price jumped by 4%, while Chainlink (LINK), Bonk (BONK), and JasmyCoin (JASMY) rose by over 5%.
LINK's daily chart shows that the asset has bounced above a key support at $12.70 and today's uptick has contributed to improving momentum indicators as the asset distances itself from this level.
Bittensor (TAO) price has been facing a tough battle recently. It failed to break out of a descending wedge pattern, resulting in significant losses.
The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.
Filecoin still leads the decentralized open-source storage network in the blockchain world. However, its token has seen a downtrend similar to other cryptocurrencies.
Traders have little reason to go long, unless they are scalping, and can use the downtrend to look to sell.
The crypto market cap continued to decline over the weekend as major cryptocurrencies extended their losses after investors were disappointed by Donald Trump's strategic Bitcoin reserve. A wave of uncertainty caused by new US trade tariffs also impacted investor sentiment.
Since the liquidity around $300 was sizeable, it was likely that a price bounce was brewing.
The crypto market fell back into the red as its market capitalization dropped nearly 11% to $2.75 trillion, erasing all the gains made on Sunday after President Donald Trump's crypto reserve announcement. Sunday's rally began fading on Monday, with Bitcoin (BTC) and other altcoins sliding back to pre-weekend levels.
JasmyCoin (JASMY), a prominent player in the cryptocurrency market, recently experienced a notable rise in its price, gaining over 10% within a 24-hour span. However, despite this promising upward momentum, a combination of sell-offs by large investors and looming resistance levels has created significant concerns for those holding or looking to invest in the digital asset.
Despite a bullish move, the market isn't completely aligned yet.
The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.
JasmyCoin has created history with its mind blowing hold over the world. The financial system was revolutionized when JasmyCoin started climbing the ladder.
Cryptocurrency prices suffered a big dive this week costing investors billions of dollars. Bitcoin has retreated below $80,000, while the total market cap of all these coins plunged by 5.40% to $2.64 trillion. This means that crypto investors have lost almost $1 trillion in the past few months.
Bittensor, a decentralized artificial intelligence (AI) protocol, has joined forces with digital asset insurer Native to unveil a $25 million onchain insurance program for its network users.
Team Rizzo, which operates subnets and validator services on Bittensor, has secured $25 million in blockchain-based insurance coverage against hacking risks. As reported by Coindesk, the coverage was arranged by Native, a digital asset insurance broker and specialist, to protect Rizzo's validator services and machine learning businesses on Bittensor, a popular AI-driven cryptocurrency network.
Team Rizzo, which operates Bittensor subnets and validator services, has snagged $25 million in on-chain cover from Native, a digital asset insurance specialist.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
Zuvu AI, Vana Join Forces to Enhance Bittensor AI Ecosystem
Bitcoin (BTC) is attempting to reclaim $90,000 after a bloodbath at the beginning of the week drove the price to a low of $86,220, as analysts warned of a deeper correction to $80,000. The flagship cryptocurrency is down over 3% in the past 24 hours and is trading around the $88,900 mark.
The introduction of a USD stablecoin could significantly enhance Filecoin's ecosystem by increasing accessibility and financial innovation. The post 10x Research: How a FIL Backed USD stablecoin by Secured Finance would boost the Filecoin ecosystem appeared first on Crypto Briefing.
The momentum of artificial intelligence (AI) is gaining traction in the cryptocurrency space, with several projects aligning their fundamentals with this technology.
Cryptocurrency prices plunged on Tuesday, extending a downtrend that began in November last year. Bitcoin (BTC) fell below the critical support level of $89,220, reaching an intraday low of around $86,000.
Bittensor (TAO) turned bullish while the broader market struggle to make higher highs as Bitcoin failed to close above key levels.
Filecoin has created history with its mind blowing hold over the world. The financial system was revolutionized when Filecoin started climbing the ladder.
Bitcoin price is pinned below $100,000, but several altcoins are showing sighs of breaking out.
"TAO is part of my personal portfolio and I'm up on it," one popular analyst said.
Bittensor (TAO) has caught the attention of cryptocurrency enthusiasts and traders this week, experiencing a remarkable price surge of 33%. In just the past 24 hours alone, the altcoin has gained 15.61%, reflecting a strong upward momentum.
In the ongoing market recovery, TAO, the native token of Bittensor, appears bullish and is poised for a massive upside rally due to its strong price action. With two big green candles, TAO has recently broken out of a strong descending trendline that it has been facing since the beginning of December 2024.
Bittensor's (CRYPTO: TAO) recent surge comes as an announcement that Coinbase will soon support Bittensor generates buzz on social media. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bittensor (CRYPTO: TAO) $454.58 $3.81 billion +9.5% +20.7% NEAR Protocol (CRYPTO: NEAR) $3.41 $4.04 billion +8.9% +2.9% Internet Computer (CRYPTO: ICP) $7.09 $3.4 billion +3.4% +0.6% Trader Notes: Industry expert Quinten Francois predicts TAO to reach $640 and not even a "rugpulling president can do anything about that.
TAO's breakout is driven by rising interest, positive technical indicators, and the Coinbase listing.