Tag Archives: btcusdt

The crypto market suffered a dramatic crash after what seemed like a short-lived recovery following US President Donald Trump’s strategic crypto reserve announcement. While Bitcoin is down by over 10% on Tuesday, the rest of the crypto market cap has slid below $2.8 trillion. Arthur Hayes, former CEO of BitMEX, argues that Trump’s economic strategy could have a significant impact on Bitcoin and the broader cryptocurrency market. Debt-Fueled Policies Could Ignite a Bitcoin...

Following bitcoin’s euphoric rally on Sunday, the leading crypto asset has returned to levels below the $84,000 range, recording a 10% decline in the last 24 hours. Market experts have attributed this decline to the lack of positive sentiment among United States investors. Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, believes the bitcoin market will continue to struggle until sentiment improves among U.S. investors. Bitcoin Market is Slow Ju...

Metaplanet has acquired an additional 156 Bitcoin (BTC) for approximately $13.4 million. The Japanese investment firm is also exploring a potential listing outside of Japan. Details From the Latest Buy CEO Simon Gerovich announced on X that the BTC was purchased at an average price of about $85,890 per BTC. The latest buy brings its total holdings to 2,391 BTC. The company reported a bitcoin yield of 31.8% for Q1 2025, following a 310% yield in Q4 2024. Last week, Metaplanet...

The bull party that started yesterday didn’t last long, as bitcoin and most altcoins erased a massive portion of the gains charted in the past few hours. Naturally, this has triggered a substantial liquidation wave that has taken over 180,000 traders by surprise. The largest-single liquidated order took place on BitMEX and was worth $10 million. BTCUSD. Source: TradingViewIt has been another explosive 24-hour period in the cryptocurrency markets. After a calm that lasted...

There’s no way to sugarcoat what transpired in the cryptocurrency market in the past week. Take bitcoin, for example. It challenged the $100,000 level on February 21 but slumped by over twenty grand in the following week to dump to a three-month low of $78,000 last Friday, February 28. Although it managed to recover some ground and stood above $83,000 when the month ended, it still made it the worst February in over a decade in terms of price performance. Quite the unexpected...

PCE inflation is the core Personal Consumption Expenditures index updated by the US Bureau of Economic Analysis. Financial media outlets often refer to the Bureau of Labor Statistics’ Consumer Price Index (CPI). But, the Federal Reserve favors the PCE for the economic analysis involved in its decision-making process. Inflation in US prices across the core consumer basket rose a modest 0.3% from December to January, just as forecasters expected. Meanwhile, the inflation report...

Bitcoin’s price has been dropping rapidly over the past few days, making investors worried that the bull market is over. However, there is still hope left, as the market is getting supported in a key area. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been on a steep decline since last week and is yet to recover. Yet, the 200-day moving average, located near the $80K support level, is currently supporting the...

The largest cryptocurrency made the headlines on numerous occasions in December and January by blowing off the $100,000 level and charting new all-time highs. After that, Bitcoin traded in a sideways channel with extreme volatility between $92,000 and $106,000. However, the 75-day rangebound trend ended this week with an abrupt crash to below $80,000. Bitcoin Prices Crash In Trump Dump Even Bitcoin whales are offloading supplies as selling pressure mounted in the final week...

After a highly volatile and painful trading week, bitcoin’s price continues with its gradual recovery, as it now sits above $86,000. Many altcoins have produced impressive gains over the past few days, and XLM stands in a league of its own with a surge past $0.3. BTC Calms at $86K A lot can and has been said about the events that transpired in the cryptocurrency market in the past week. Recall that BTC stood close to $100,000 on February 21, which was rejected and pushed down...

With many uncertainties regarding the state of the cryptocurrency market after last week’s events, the question arises whether there was a particular point in time that could have signaled the beginning of the end. If we assume that this bull market cycle has come to a halt, which is very speculative, to say the least, can it all lead to January 20 – Trump’s inauguration day? Was that the ultimate ‘sell-the-news’ date? Was That the Signal? Financial markets, and especially...