XRP has lost its positioning as the third-largest crypto asset once again.
BTC plunged to under $92,000 a few hours ago.
According to data provided by crypto analytics platform CoinGlass, a whopping $2.21 billion worth of crypto has been liquidated over the past 24 hours.
XRP, dogecoin (DOGE) and Cardano's ADA fell more than 25% to reverse all of the gains since December, reaching pre-U.S. election levels from early November.
Trump's new trade tariffs could weaken the US dollar over time, potentially driving Bitcoin prices higher as investors seek alternative stores of value.
Bitcoin's (BTC) transaction activity has recently fallen to its lowest levels since March 2024, signaling a notable dip in network movements. Despite this reduction in transaction count, overall interest in Bitcoin remains strong, with activity still above the peak levels observed in 2022.
Singapore is opening its doors to Australian crypto ETFs as institutions eye a regulated entry into a turbulent crypto market.
Attorney and founder of Crypto Law, John Deaton, took to his social media and warned that the fight against crypto is far from finished. Deaton said that the SEC's case against Ripple went beyond just targeting the company—it also claimed that XRP itself was a security, ignoring 75 years of legal precedent.
Ether got wrecked. The second-biggest crypto by market cap plunged 26.53% on Monday in Asia, falling to $2,135, according to Bloomberg data.
The probability has doubled from last week as the renewed trade war between the U.S. and its major trading partners threatens to inject inflation into the global economy.
Bitcoin plunged 10% on Monday, hitting $91,695.8, as a wave of selling swept through the crypto market. The sharp decline followed U.S. President Donald Trumps decision to impose trade tariffs on China, Canada, and Mexico, sparking fears of a renewed trade war.
The global crypto market witnessed turmoil as the week kicked off, primarily in the wake of U.S. President Donald Trump's new tariffs rattling broader markets. Bitcoin (BTC) price crashed as low as the $91K level on Monday, whereas altcoin prices dipped in sync.
South Korea's bitcoin premium index, aka “kimchi premium,” reached a 10-month high on South Korean exchanges and remained stable amid a major global market dip. On Monday morning in Asia, the Korea Premium Index rose to 9.7%, marking its highest since April 14, 2024.
XRP price started a major decline below the $3.00 zone. The price is down over 25% and there was a spike below the $2.00 support zone.
Bitcoin (BTC) has become a central focus for many cryptocurrency investors, and it's no surprise why. After a rollercoaster year in 2024, Bitcoin's price is showing signs of potential growth.
Bitcoin transaction count dipped to the lowest despite increased bullish market signals.
After President Donald Trump targeted China, Mexico, and Canada with long-threatened import taxes, the crypto market fell on Feb. 1 in a risk-off action. Bitcoin's price fell by 5%, which has rippled its way into altcoins.
Bitcoin tanked. It hit $92,681 less than an hour ago before bouncing slightly to $93,831.
Bitcoin (BTC) price traded as low as $91,231 on Binance on Monday Morning, as crypto markets buckle under pressure from escalating trade tariff war involving the United States. Bitcoin (BTC) Plummets to $91K as Crypto Market Liquidations Hit $1.8 Billion Bitcoin (BTC) plunged below the $91,200 mark on February 3, its lowest level in 20
On February 3, the bears gripped the cryptocurrency market, as investors were reacting to Trump's sweeping tariifs. The global crypto market cap crashed by over 12% to $3.01 trillion. Donald Trump's decision to immediately impose tariffs on Canada, Mexico, and China sent shockwaves through the crypto markets.
Bitcoin price started a fresh declined below the $100,000 zone. BTC is down close to 10% and might test the $90,000 support zone.
One analyst said kimchi premium can be seen during periods of panic selling when selling pressure is lower on South Korean exchanges.
Bitcoin's price fluctuations often drives intense debate among investors, but Robert Kiyosaki, the author of Rich Dad Poor Dad, has a different take. Despite the recent downturn in Bitcoin's value, Kiyosaki remains unphased.
Bitcoin is approaching a key support level at $90,000, raising concerns about potential downside risks. After reaching a local high of $109,000, the price has struggled to establish a new peak, signaling weakness in the market.
XRP fell 10.40% on Sunday, trading at $2.6573 by 12:25 (17:25 GMT) on the Investing.com Index. This marked its steepest one-day drop since December 9, 2024.
Trump's tariffs may exacerbate global inflation, destabilize markets, and potentially boost Bitcoin demand as a hedge against currency devaluation. The post New Trump tariffs stoke inflation fears, trigger $2 billion in crypto liquidations, Bitcoin crashes to $92K appeared first on Crypto Briefing.
BTC, ETH, SOL all down as the market digests the impact of the possibility of a global trade war
Bitcoin plunged to $92,111 on Sunday, slashing more than 8.5% of its value in just 24 hours and triggering $1.23 billion in liquidations across crypto derivatives markets as bearish sentiment took hold.
Bitcoin (BTC) has been experiencing a period of reduced selling pressure, with long-term holders significantly cutting back on their sales activities. According to a cryptocurrency analyst, this shift could signal an impending surge in Bitcoin's value, as market conditions become more favorable for price increases.
Bitwise's Matt Hougan says US spot Bitcoin ETFs recorded nearly $5 billion in net inflows over January, tipping inflows to reach over $50 billion by year's end.
Bitwise's Matt Hougan says US spot Bitcoin ETFs recorded nearly $5 billion in net inflows over January, tipping inflows to reach over $50 billion by year's end.
The Yguazú facility, 80% complete, will add 6 EH/s to HIVE's mining capacity by Q2 2025, with hydro-cooled ASICs set to enhance efficiency.
Utah's Bitcoin reserve bill could be the first of its kind to pass at the state level in the US because of its shorter legislative window to decide on bills, says a Bitcoin advocate.
Cryptocurrency markets are in the red today, with major coins including Bitcoin, experiencing price declines. XRP has been hit the hardest, with its price dropping over 20% in the last 24 hours. The price has now dropped below its previous key support level of $2.52 and is now trading at $2.41.
Bitcoin (BTC) is currently navigating through a delicate phase, with its price showing some signs of stability after a slight decline. As we step into February, investors and analysts are closely monitoring the market for potential price movements.
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Robert Kiyosaki warns Trump's tariffs could trigger a crash in bitcoin, gold, and silver—an opportunity, he says, to buy assets at bargain prices.
Cryptocurrency enthusiasts and investors have been closely watching Bitcoin's movements in recent months. A new analysis suggests that Bitcoin could be on the brink of a dramatic price surge.
XRP closed below the 26 EMA, a crucial support level in robust uptrends, for the first time this year. This break indicates a possible change in momentum and a rise in bearish pressure.
Now that Bitcoin (BTC -4.14%) has crossed the $100,000 mark, it's only natural to ask: Just how much higher can it really go? After all, Bitcoin is up more than 30,000% over the past decade, and is now a $2 trillion asset.
The debate over Bitcoin reserves is intensifying within the Eurozone, with some European countries advocating for cryptocurrency investments while the European Central Bank (ECB) remains firmly opposed. Despite concerns over Bitcoin's volatility and security risks, countries such as Norway and the Czech Republic are increasingly considering Bitcoin as part of their investment strategies.
After reaching $102,412 in January, Bitcoin has fallen under $100,000. Some experts think it could briefly hit $95,000 before going back up.
Currently, the El Salvador government has 6,055 BTC worth over $612 million. The country made a $1.4 billion deal with the IMF as part of the deal they have to make BTC payments optional.
Bitcoin's price has taken a noticeable dip in recent days, and it's not just due to market fluctuations. The latest development in global trade, namely President Trump's imposition of 25% tariffs on Mexico and Canada, is causing Bitcoin and other assets to experience a significant decline.
Cryptocurrency prices slid as the spectre of a global trade war put investors on edge and pushed them out of risky assets.
On Feb. 2, 2025, XRP oscillated at $2.57 to $2.61 over the last hour, its market valuation eclipsing $150 billion alongside a $12.19 billion daily turnover. Intraday fluctuations spanned $2.52 to $2.95 per XRP, mirroring intense volatility as supply overwhelmed demand.
Bitcoin (BTC) is currently facing significant resistance at the $106,061 mark, and traders are divided on its next move. While some analysts are bearish, predicting a sharp decline into the $90,000 range, others remain optimistic about BTC's potential for a rally towards $120,000.