Tag: Market

Stablecoins ‘in bull market’; Solana sputters: VanEck

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Stablecoins are “in a bull market of their own,” even as smart contract platforms — including Ethereum and Solana — sputter amid the marketwide tumult, asset manager VanEck said in an April 3 monthly note. The diminished activity on smart contract platforms reflects cooling market sentiment in cryptocurrencies and beyond as traders brace for the impact of US President Donald Trump’s sweeping tariff policies and a looming trade war.  But stablecoin adoption — a key measure of Web3’s overall health — continues apace. This is partly because ongoing macroeconomic uncertainty…

Bitcoin holds steady amid stock market crash, says Unchained analyst

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As the stock market declines due to U.S. tariffs on most of its trading partners, Bitcoin has shown some resilience. An expert at Unchained explains why. US stocks have seen some of the worst performance in years. However, Bitcoin (BTC) showed relative resilience, which is great news for institutional investment, explains Joe Burnett, Director of Market Research at the crypto financial firm Unchained. Trump’s tariffs are here, U.S. equities are crashing, and China is retaliating. Now may be one of the best times to build a meaningful bitcoin position. Not…

Crypto market bottom likely by June despite tariff fears: Finance Redefined

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Despite growing tariff-related uncertainty, there is a 70% probability cryptocurrency markets will find the local bottom in the next two months, which will serve as the supporting foundation for the next leg up in the 2025 cycle, according to Nansen analysts. Savvy traders continue making generational wealth despite growing volatility and lack of risk appetite. One unidentified trader turned an initial $2,000 investment into over $43 million by trading the popular frog-themed memecoin, Pepe. 70% chance of crypto bottoming before June amid trade fears: Nansen The cryptocurrency market may see…

Circle’s IPO Filing Tests Crypto Market Confidence After Trump’s Tariff Shock

After U.S. President Donald Trump’s reelection in November, optimism surged among crypto companies eyeing the public markets. Trump floated big promises: clearer rules for the industry and ambitions to make America the crypto capital of the world. For a moment, it looked like the floodgates might open. IPO pipelines buzzed with activity. Founders dreamed of ringing the opening bell. But beneath the surface, storm clouds were gathering. A bull market is the lifeblood of successful listings, and few foresaw just how rocky the road ahead would become. Circle didn’t wait…

Traders holding onto Bitcoin despite market panic: Binance

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Crypto markets declined in March due to concerns over the ongoing trade war and monetary policy. Still, traders have not given up on Bitcoin, according to a new report from Binance. Bitcoin (BTC) reserve, monetary policy, and fears over the trade war are stirring the markets, according to Binance. On April 4, Binance published a report on the state of the crypto market last month, delineating key trends. The overall crypto market declined by 4.4% in March. The primary drivers of this volatility were tariff tensions, with U.S. President Donald…

Here’s why Bitcoin, altcoins, and the stock market continued falling on Friday

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Bitcoin, altcoins, and the stock market continued their downward trend on Friday as the trade war between the U.S. and China escalated. Bitcoin (BTC) price dropped to $82,000, erasing some of the gains made during the Asian and European markets. Ethereum (ETH) dropped below $1,800, while the market cap of all coins fell to $2.64 trillion. The stock market’s performance was even worse as futures tied to the Dow Jones, S&P 500, and Nasdaq 100 indices plunged by over 3%. This means that these blue-chip indices have all moved into…

Bitcoin seen as crypto market proxy, not digital gold, Swiss crypto bank says

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While some policymakers have described Bitcoin as a store of value, its recent price action seems to suggest it’s being treated more like a high-beta tech stock. Despite numerous opinion leaders, including Federal Reserve Chair Jerome Powell, describing Bitcoin (BTC) as a safe haven asset and a potential alternative to gold, its recent price behavior has led some to compare it to tech stocks, analysts at Swiss crypto bank Sygnum suggested in a recent market outlook report. However, Bitcoin’s price is primarily driven by its perception as a store-of-value asset,…

Bitcoin Market Sentiment Worsens as Bull Score Index Drops to 10

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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. Bitcoin’s price appears to have resumed its downward trajectory after briefly recovering to the $87,000 level earlier this week. At the time of writing, Bitcoin has experienced a 5.7%…

Investor demand for XRP falls as the bull market stalls — Will traders defend the $2 support?

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Between Oct. 25, 2024, and Jan. 16, 2025, XRP (XRP) had one of the best rallies of the current bull market, gaining 600% as investors piled in with the hope that a pro-crypto presidency would benefit Ripple and its cryptocurrency. During this time, the quarterly average of daily active addresses jumped by 490% and XRP price hit a 7-year high. XRP’s 1-day chart. Source: Cointelegraph/TradingView Fast forward to the present, and data shows that the speculative interest surrounding XRP is declining. Holders are increasingly facing losses rather than gains, which…

Dogecoin Price Notches Higher Lows Amid Market Downturn, Why A 270% Surge Is Possible

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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. The Dogecoin price has been defying broader market weakness by establishing a series of higher lows. Amidst the market downturn, technical indicators suggest that Dogecoin could be setting the…