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0 CommentsBitcoin tumbles to its lowest price since July 2021 as tighter monetary policy continues to impact risk-on assets. Bitcoin and ether lost pivotal support level leading to massive losses for long futures traders. Bitcoin fell to $29,731 on Tuesday, its lowest level since July 2021, after dropping nearly 12% last week, its worst weekly loss…
275 ViewsPoor macroeconomic sentiment and increasing fears of a recession in the West laid the backdrop for cryptocurrencies to lose 4% of their market capitalization on Monday, with several major tokens taking hits of up to 8%. Bitcoin traded below pivotal support of $40,000 during European trading hours, reaching its nearly lowest price in a month….
245 ViewsBitcoin dropped 15% on Tuesday, falling below $40,000 for the first time since March 15, while Ethereum was down 14%, falling below $3,000 for the first time since March 23. Bullish traders lost over $439 million, which has been liquidated within 24 hours. According to CoinMarketCap, it’s part of a larger trend, with crypto markets…
259 ViewsRobinhood, a popular stock and cryptocurrency trading app, has listed several more digital assets, including meme-coin Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC) and Compound (COMP). It caused a spike in the price of SHIB by 20%. The company later announced on Twitter that it is giving away $100,000-worth of the new cryptocurrencies it listed….
292 ViewsLarry Fink, the chief executive of BlackRock, the world’s largest asset manager with around $10 trillion in assets under management, has said his company is “studying” digital currencies due to growing client demand. Meantime, Bitcoin and other cryptocurrencies continued to rise, while bank analysts suggest the Russian war in Ukraine could create a new world…
332 ViewsBitcoin (BTC) has fallen to a new two-week low as tensions between Russia and Ukraine continue to escalate. Global equity prices fell across the board on market reactions to the latest moves from Russia, and crypto prices were no different. Bitcoin, the world’s largest cryptocurrency by market capitalization, has been falling since February 15, when…
