The Bitcoin (BTC) bull market will most likely come to a conclusion sooner rather than later, according to an analysis published by CryptoQuant.
Bitcoin (BTC) is facing significant downward pressure today, as the cryptocurrency market experiences a sharp sell-off. After peaking at $102,000, Bitcoin has seen its price plummet to around $96,000, marking a substantial drop.
Cryptocurrency markets continued to slide lower on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,201.98 -2.3% Ethereum (CRYPTO: ETH) $3,279.33 -3.2% Solana (CRYPTO: SOL) $194.57 -4.9% XRP (CRYPTO: XRP) $2.32 +1.9% Dogecoin (CRYPTO: DOGE) $0.3362 -4.8% Shiba Inu (CRYPTO: SHIB) $0.00002113 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9% and daily active addresses falling by 0.08%.
XRP has entered a new correction phase alongside the broader cryptocurrency market, seeing a significant pullback after its recent gains. After reaching an intraday high of $2.46, the fourth-largest cryptocurrency by market capitalization retraced over 6% on January 7, 2025.
Cryptocurrencies are having a bad day but this analyst is still confident that one in particular could reach new heights in 2025 upon assessing its latest price action.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, JP Richardson of Exodus discusses the self custody firm's listing on the New York Stock Exchange.
Bitcoin plummeted beneath the $95,000 threshold following unexpectedly vigorous U.S. employment data, fostering a pervasive risk-averse mood across markets, QCP Capital observed. Risk-Off Wave Hits Bitcoin — QCP Capital Reports Job Data Sparking Market Turmoil Bitcoin (BTC) saw a precipitous descent, dipping below $95,000, in the wake of surprisingly resilient U.S.
Recently released FOMC minutes show that Federal Reserve officials have decided to slow down the pace of rate cuts in 2025.
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty met with President-elect Donald Trump, fueling speculation about the role of crypto in the upcoming administration's policies. The meeting comes as the blockchain sector seeks regulatory clarity under Trump's leadership. The post Ripple CEO Meets With President-elect Donald Trump appeared first on Cryptonews.
Bitcoin's sudden course reversal from $102,000 to $95,000 has kickstarted a discussion among cryptocurrency traders and analysts about whether the Bitcoin (CRYPTO: BTC) cycle top is in. What Happened: Prominent crypto trader Ansem shared his outlook on the market cycle in a detailed post on X, expressing scepticism about continued unbridled growth.
Talks of a strategic bitcoin reserve have launched the asset to new highs. Game theory explains the logic driving the rally.
The crypto markets are witnessing a massive surge in liquidations amid Bitcoin's (BTC) sudden loss of the $100,000 level. New data from market intelligence platform Coinglass shows traders saw liquidations during the last two days to the tune of $862.4 million, mostly by those betting long on Bitcoin.
While Lightning might provide good privacy for direct participants in the network from each other, it is not the case for more powerful adversaries.
A Ripple exec believes that XRP ETF applications could be fast-tracked under the new administration.
In a striking revelation on the latest episode of the Coin Stories podcast, host Nathalie Brunell interviewed The Digital Chamber founder & CEO Perianne Boring, who disclosed an unvarnished and previously unknown response from members of the United States Federal Reserve.
Bitcoin (BTC) has dropped 5.5% in the past 24 hours, falling below the $100,000 mark, despite a 38% surge in trading volume to $67 billion. The decline stems from bearish signals in key metrics, including the 7-day MVRV Ratio and heightened whale activity, both indicating mounting selling pressure.
Bitstamp cryptocurrency exchange has announced the listing of Ripple's enterprise-grade stablecoin, Ripple RLUSD, on the Ethereum blockchain. This addition is part of Bitstamp's effort to diversify its offerings and cater to investors seeking a robust digital asset for financial applications.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin has made a remarkable recovery, bouncing back to $102,000, but along with its price surge, the cryptocurrency's Open Interest has also seen a sharp increase. This surge in Open Interest, which measures the total number of outstanding derivatives positions related to Bitcoin, signals that market participants are becoming more active, but it also raises concerns about increased volatility in the market.
In a latest development, cryptocurrency analyst Crypto Rover has issued a bullish message in a recent X post. Every time the $USDT dominance gets this high during a bull market.It's a massive #Bitcoin & #Altcoin buy opportunity.BUY THE DIP! 🚀 pic.twitter.
The non-fungible token (NFT) collection backed by President-elect Donald Trump launched its first 160 items, the “Trump Bitcoin Digital Trading Cards,” on Bitcoin (BTC) using the Ordinals protocol. Users who acquired the 100 NFT cards from the “Mugshot Edition” and submitted their Bitcoin wallets are eligible for the claim through NFT marketplace Magic Eden.
Bitcoin (BTC) has entered 2025 with high volatility and heightened market attention, with analysts predicting this year could mark the end of its current bull cycle.
The market's New Year rebound turned into a start-of-year retrace after Bitcoin (BTC) dropped from the recently reclaimed $100,000 support into the $94,000 territory. Amid the drop, an analyst shared his “cautiously bullish” outlook for BTC's price.
XRP is trading at $2.19 to $2.25 over the last hour, with a 24-hour trading volume of $7.85 billion, a market cap of $127 billion, and an intraday price range of $2.21 to $2.35, reflecting notable bearish trends across all major timeframes.
Bitcoin's mining security and private key integrity face risks as quantum technology progresses as it challenges the blockchain's cryptographic foundations.
Ripple President Monica Long mentioned in a January 7 interview on Bloomberg TV that the crypto market might receive more crypto spot ETF approvals in 2025. Long suggested that President Donald Trump and his pro-crypto administration would introduce more crypto-friendly regulations to support ETFs sooner.
Greenland's abundance of renewable energy and cold climate makes it an ideal place for Trump to encourage American Bitcoin mining.
Bonk has dived by 14% in the past 24 hours, falling to $0.00002959 as the crypto market drops by 8% in response to positive US economic data. The post Why Is BONK Crashing? Major Losses Hit Meme Coins as Bitcoin Drops Below $100K appeared first on Cryptonews.
Fidelity Digital Assets predicts massive adoption of Bitcoin by nation-states in 2025. Discover the analyses and forecasts.
Pseudonymous cryptocurrency analyst Ali Martinez has cautioned that Bitcoin (CRYPTO: BTC) is vulnerable to a steep decline, citing a lack of substantial support below the $92,000 mark. What Happened: Ali's analysis, shared in a series of tweets on Wednesday, indicates that a failure to hold this level could lead to a rapid price correction down to the $74,000−$78,000.
Bitcoin started the year with a strong price rally, surging by 5% on January 6th to reclaim the $100k mark for the first time in weeks. The asset's price continued its run up to $102,760 before undergoing a healthy correction, pushing it back below $100k.
Rising concerns about Federal Reserve monetary policy and rising bond rates are having a negative impact on Bitcoin's price.
According to Glassnode's report, the accumulation trend score stands at 0.21 amid declining Bitcoin prices.
XRP, the native token of Ripple Labs, has been facing a turbulent market, with its price recently experiencing a notable drop. However, despite the short-term bearish outlook, long-term holders appear to be accumulating XRP, signaling potential optimism for the future.
BTC is down by almost ten grand within a day or so.
Fidelity is calling it: governments and nation-states are about to get serious about Bitcoin. In a new report, the investment giant predicts a new chapter in Bitcoin's journey—one where central banks and treasuries step up as big investors.
Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
How Stratum V2 can help improve Bitcoin decentralization in the mining ecosystem, and overall.
Economist and prominent macro trader Alex Krüger shared his outlook on Bitcoin's (CRYPTO: BTC) trajectory and market dynamics for 2025, emphasizing the potential for short-term trading opportunities as macroeconomic conditions evolve. What Happened: In several posts on X, Krüger highlighted a key shift in market expectations over the past weeks: Three months ago, markets were pricing in seven 25-basis-point rate cuts by the end of 2025.
Losses were more pronounced across the altcoin market.
Canaan introduced Avalon Mini 3 and Nano 3S hardware equipment in Las Vegas. The new products released, combining Bitcoin mining hardware with home heating technology.
The U.S. Securities and Exchange Commission (SEC), under outgoing chairman Gary Gensler, is expected to file its opening brief in the Ripple appeal by January 15.
SoSoValue, an AI-driven investment research platform, has announced the successful completion of a $15 million Series A funding round.
BlackRock's iShares Bitcoin ETF (IBIT) recorded an impressive $597 million in inflows on Tuesday, offering a glimmer of hope for the beleaguered cryptocurrency market. This marks the third consecutive positive inflow for the spot Bitcoin ETFs, even as the broader market grapples with heavy losses.
Ripple CEO Brad Garlinghouse and President-elect Trump discuss cryptocurrency regulation at Mar-a-Lago. Key takeaways discussed here.
Bitcoin (BTC) funding rates, i.e., the fees of crypto derivatives exchanges required to keep the balance between spot and futures prices, are shrinking.
Bitcoin (BTC), the world's leading digital asset, has entered the distribution phase. That is, market participants are now actively engaged in selling BTC more than accumulating it.