Bitcoin registered prices below $75K on several cryptocurrency exchanges as various markets shed so-called ‘risk assets’ in anticipation of the potential effects of a prolonged trade war between the U.S. and its key trade partners, such as China and Europe. Bitcoin Nosedives Under $75k as World Stock Markets Plunge Under Trump’s Tariffs Bitcoin registered critical […] Original
Key Notes Bitcoin hashrate soared to the 1 ZH/s mark for the first time since its debut. BTC price crashed a massive 10% in the past day, trading at $75,000. 76 new entities holding more than 1,000 BTC have joined the network recently. Market-leading digital asset Bitcoin BTC $75 668 24h volatility: 8.7% Market cap: $1.49 T Vol. 24h: $61.93 B has once again captured the global spotlight after a sharp price crash. BTC fell nearly 8% in the last 24 hours to $75,053 after failing to maintain price action…
Spot Bitcoin exchange-traded funds in the U.S. recorded a negative week once again amid escalating trade tensions following President Donald Trump’s announcement of new tariffs, dubbed ‘Liberation Day’ duties. According to data from SoSoValue, the 12 spot Bitcoin ETFs reported $172.89 million in net outflows over the past week, snapping a two-week inflow streak that drew in nearly $941 million into the funds. Notably, these ETFs experienced outflows on four of the five days between March 31 and April 4. Monday saw $71.07 million in outflows, followed by $157.64 million…
Bitcoin’s price has fallen below $75,000, reaching an intraday low of $74,637 as of 2:47 AM EST. This decline marks a significant drop of over 12% today and reflects ongoing economic anxiety amid a broader downturn in financial markets. The cryptocurrency’s recent price movement appears to be closely aligned with volatility in traditional markets, including […] Original
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Dogecoin has seen a major drop in volume since hitting two-year highs back in November 2024. This volume drop has been followed by large declines in the DOGE price,…
Bitcoin could remain in a bear market for at least six months, according to CryptoQuant CEO Ki Young Ju, as on-chain data shows a lack of price movement despite rising capital inflows. Bitcoin (BTC) has had a rough start in April, falling to a three-week low of $77,077. In an Apr. 5 post on X, Ju pointed out how the current Bitcoin bear market condition is reflected in on-chain metrics like market cap and realized cap. Realized cap determines the actual amount of money entering Bitcoin based on wallet movements,…
A crypto user has gone very long on Solana, staking a very small portion of the token for the next 3,000 years, according to blockchain analytics firm Arkham Intelligence. The unknown user staked $0.05 Solana (SOL) in 2023, and it will unlock in the year 5138, Arkham said in an April 5 post to X. Speaking to Cointelegraph, Vincent Liu, chief investment officer at Kronos Research, said the move was likely a symbolic act reflecting a strong belief and conviction in Solana’s long-term ecosystem. Source: Arkham Intelligence “Legacy staking is…
An Ether investor who had a large position on decentralized finance (DeFi) lending platform Sky has been liquidated to the tune of more than $100 million as the price of Ether crashed. The Ether (ETH) whale lost 67,570 ETH worth around $106 million when the asset crashed by around 14% on April 6, liquidating his collateralized debt position on Sky, according to Maker Vaults explorer DeFi Explore, and as observed by Lookonchain. The Sky lending protocol, which rebranded from Maker in August, is used by DeFi participants to create collateralized…
Solana started a fresh decline below the $112 support zone. SOL price is now consolidating and might struggle to stay above the $100 support zone. SOL price started a fresh decline below $112 support zone against the US Dollar. The price is now trading below $105 and the 100-hourly simple moving average. There was a break below a key contracting triangle with support at $118 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could accelerate lower if there is a break below the $100…
Bitcoin fell sharply on April 7, dropping nearly 7% to a three-week low of $77,077. The decline occurred days after U.S. President Donald Trump announced massive new import tariffs, which sparked concerns about a new trade war and a slowdown in the world economy. The crypto market initially showed some resilience last week, with traders speculating that Bitcoin might act as a “safe haven” as tech stocks slumped. But by Sunday night on Apr. 6, that narrative had flipped. As U.S. stock futures opened in early Asia hours, markets turned…