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news-imageJanuary 23, 2025

Morning Market Briefing: Bitcoin at $103,882, Ethereum around $3,244

The cryptocurrency market is experiencing a downward trend. As of 8:30 AM on the 23rd, according to TokenPost Market, Bitcoin is trading at $103,882 (approximately 149.13 million KRW), down 1.99% from the previous day.
Publisher: Tokenpost
Sentiment: Negative
BTC
ETH

More News Articles

Negative
cover-imageBitcoinist
January 23, 2025

Bitcoin Investor Activity Is Low At The Moment – Expert Reveals Why

Bitcoin is navigating a peculiar phase in its market cycle, recently breaking its all-time high (ATH) and holding strong above the critical $100,000 level. Despite this milestone, sentiment remains surprisingly bearish, with a growing number of investors and analysts predicting a potential correction in the near term.

Positive
cover-imageBenzinga
January 23, 2025

Blackrock CEO Larry Fink Says Bitcoin Could Rise To $700,000 On Fiat Fears: 'If You're Frightened Of The Debasement

BlackRock CEO Larry Fink touted Bitcoin (CRYPTO: BTC) as a tool for overcoming economic and political uncertainties on Wednesday, projecting it to rise to as much as $700,000 if the world catches up with this narrative. What Happened: During an interview with Bloomberg on the sidelines of the World Economic Forum, Fink stated that Bitcoin could serve as a hedge against local fears related to currency debasement and political instability.

Positive
cover-imageNewsBTC
January 23, 2025

Bitcoin Profit-Taking Drops 93% From December Peak – What's Next For BTC?

After testing the low $90,000 price level multiple times over the past two months, Bitcoin (BTC) briefly broke out of its tight trading range earlier this week, reaching a new all-time high (ATH) of $108,786. However, a recent report by Glassnode suggests that the sustained consolidation observed in recent months may be nearing its end, with the leading cryptocurrency primed for its next significant move.

Positive
cover-imageThe Currency Analytics
January 23, 2025

Ethereum ETF inflows hit 30-day high as institutional interest rises

Ethereum (ETH) exchange-traded funds (ETFs) saw a remarkable surge in inflows on Monday, recording the highest daily inflow in 30 days, signaling strong institutional interest in the leading smart contract platform. Despite the increasing capital inflows, Ethereum's price remains stagnant, causing some market observers to speculate on potential price movements in the near future.

Negative
cover-imageUToday
January 23, 2025

XRP Risks Losing Bullish Momentum, Will Shiba Inu (SHIB) Recover From Worst Move in 2025? Here's When Ethereum (ETH) Might Exit Downtrend: Price Level

Given that the asset is on the verge of marking a lower high, XRP's recent bullish rally is about to face a crucial turning point. This possible development may indicate that the current bull run is coming to an end, which will worry investors who have seen a notable upswing in the last few months.

Negative
cover-imageThe Currency Analytics
January 22, 2025

Bitcoin Faces Potential Crash: Distribution Phase Begins, $85K Target Looms

Bitcoin (BTC) has been riding high, teasing new all-time highs (ATH) just after the inauguration of pro-crypto US President Donald Trump. However, Bitcoin's recent price action has raised concerns among traders and analysts, as the flagship cryptocurrency closed Monday in a shooting star candlestick pattern, a potential reversal signal.

Negative
cover-imageBenzinga
January 22, 2025

Bitcoin, Ethereum, XRP, Dogecoin Reel Downwards, But Trader Hints At 'Bitcoin God Candle Loading'

Cryptocurrency markets are trading lower on Wednesday as investors await Donald Trump's executive orders on crypto and his announcement regarding a strategic Bitcoin reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $104,661.95 -2.3% Ethereum (CRYPTO: ETH) $3,266.86 -2% Solana (CRYPTO: SOL) $266.11 +5.4% XRP (CRYPTO: XRP) $3.24 +1.4% Dogecoin (CRYPTO: DOGE) $0.3614 -5.9% Shiba Inu (CRYPTO: SHIB) $0.00002042 -2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 9.6% and daily active addresses up by 1.95%.

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