Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
news-imageFebruary 12, 2025

Bitcoin, XRP, Dogecoin Decline 2% On Hotter-Than-Expected Inflation Print

With Bitcoin‘s (CRYPTO: BTC) price struggling and U.S. inflation data exceeding expectations, market analysts recommend that crypto investors holding long positions prioritize downside protection and closely monitor institutional flows. After hotter-than-expected inflation data was released, Bitcoin experienced a 2% decline to levels below $95,000, highlighting the ongoing volatility and uncertainty within the cryptocurrency market.
Publisher: Benzinga
Sentiment: Negative
BTC
DOGE

More News Articles

Negative
cover-imageBitcoin
February 12, 2025

Bitcoin Slips Below $96K as Inflation Concerns Rattle Markets

Hotter-than-expected inflation data released Wednesday morning applied downward pressure on both traditional and crypto markets. Inflation Fears Push Bitcoin Below $96,000 Threshold Bitcoin (BTC) is struggling to maintain momentum, trading at $95,580.74 at the time of reporting. The leading cryptocurrency has declined 1.55% in the past 24 hours and is down 3.

Positive
cover-imageCoinPedia
February 12, 2025

XRP's Next Big Move? Levels to Watch for 30% Rally

In this ongoing market uncertainty, XRP, the native token of Ripple Labs, appears to be consolidating within a tight range between $2.31 and $2.53 over the past few days. This consolidation serves as a crucial support level, reinforced by XRP's ascending trendline since late November 2024.

Neutral
cover-imageBenzinga
February 12, 2025

Bitcoin, Meme Coins Dominate Crypto, But Other Projects Suffer, Analyst Says

Cryptocurrency analyst Benjamin Cowen highlights a growing imbalance in the market: capital is pouring into Bitcoin (CRYPTO: BTC) and meme coins, while other crypto projects struggle for attention. What Happened: In a podcast on Feb 11, Cowen highlights Bitcoin dominance has surged from 38-39% to 64%, which he calls a sign of the market "healing itself.

Positive
cover-imageCrypto Economy
February 12, 2025

Avalon Labs Plans to Launch First-Ever Bitcoin-Backed Debt Fund in the US

TL;DR Avalon Labs is considering launching a Bitcoin-backed public debt fund in the US under the SEC's Regulation A exemption. The company already offers products such as the USDa stablecoin, BTC-backed loans, and a crypto-linked credit card. In December, it raised $10 million in funding to expand its decentralized finance ecosystem on Bitcoin.

Positive
cover-imageThe Currency Analytics
February 12, 2025

Bitcoin Set for Growth in 2025, Scaramucci Predicts $200K

Bitcoin (BTC) has been steadily recovering after facing a series of challenges, most notably the delays surrounding the approval of a Bitcoin exchange-traded fund (ETF). At press time, Bitcoin was trading just below $98,000, a significant climb from its low points, and experts, including Anthony Scaramucci, are optimistic about the cryptocurrency's future trajectory.

Next Page 1