Tag: Market

Why is Ethena Price Rallying 8% Today Despite $1.2B Crypto Market Crash?

Key Notes ENA outperformed major cryptocurrencies during Friday’s market downturn, recovering from previous de-peg concerns. Binance’s $400 million reimbursement fund helped restore investor confidence in Ethena’s stablecoin ecosystem. The platform expanded its stablecoin infrastructure to Conduit, reaching over 60 Ethereum networks with $4 billion TVL. Ethena ENA $0.44 24h volatility: 8.6% Market cap: $3.14 B Vol. 24h: $640.89 M price rose 8% to $0.44 on October 17, making it one of the few digital assets trading in green amid a widespread crypto market crash. ENA’s performance stood out as cascading…

Crypto Market Cap Falls by $230B as Fear Index Hits April Lows

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The crypto market’s Fear & Greed Index flipped sharply to “fear” this week, falling to levels last seen in April, as a market sell-off erased over $230 billion in a single day.  On Friday, CoinMarketCap’s Crypto Fear & Greed Index, which tracks volatility, market momentum, social media trends and dominance metrics, fell to a low of 28, which is within the “fear” category and is inching closer to “extreme fear.”  CoinMarketCap data showed that on Friday, the total crypto market capitalization dropped to about $3.54 trillion, a 6% drop from…

Ripple Wants $1B to Buy XRP Amid Market Wipeout

Key Notes XRP drops 20% in a week as Ripple plans a $1B SPAC fundraising. Ripple aims to establish a crypto treasury with newly purchased and existing XRP. XRP faces key support at $2.20, with potential rebound targets at $2.70 and $3. Ripple Labs is reportedly gearing up to raise $1 billion through a special purpose acquisition company (SPAC) to purchase its own XRP XRP $2.21 24h volatility: 7.6% Market cap: $132.72 B Vol. 24h: $8.04 B token, despite the altcoin crashing more than 5.5% in the past 24 hours.…

Gold market cap hits $30T, is Bitcoin falling behind?

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Gold’s market value has skyrocketed to more than $30 trillion for the first time in history, making it the largest asset by market cap to date. Can Bitcoin catch up? Summary Gold’s market cap has surpassed $30 trillion for the first time in history as spot prices reached $4,369, reinforcing its dominance as the world’s largest asset. Meanwhile, Bitcoin’s market cap has dropped to $2.15 trillion after losing over $200 billion this week, widening the gap between the two assets. According to data from Companies Market Cap, gold has surged…

Gold Market Cap Hits $30 Trillion As Prices Surge To Record

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Gold’s market capitalization reached a record $30 trillion on Thursday as the commodity surged to a new all-time high of $4,357 per ounce.  The milestone market cap peak means that gold is now 14.5 times larger than Bitcoin’s market capitalization, which is around $2.1 trillion. It is also 1.5 times larger than the market capitalization of the “Magnificent 7” largest tech companies on the planet, Nvidia, Microsoft, Apple, Alphabet, Amazon, Meta, and Tesla, whose combined market capitalization is just around $20 trillion. Unlike a company’s stock market cap, which is…

Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

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The Bitcoin price continues to face challenges as the cryptocurrency has resumed its downtrend, struggling to maintain momentum above the $115,000 mark. This price point has proven to be a significant resistance level in the short term.  Amid these fluctuations, Bitcoin skeptic Peter Schiff took to social media platform X (formerly Twitter) to declare, “Gold is eating Bitcoin’s lunch.”  Schiff Calls For HODLers To Sell ‘Fool’s Gold In his post, Schiff highlighted that Bitcoin has experienced a 32% decline when priced in gold since its peak in August, predicting a…

Crypto Market Cap Hits Highest Since 2021 in Q3

Key Notes Crypto market cap rose 16.4% to $4 trillion, the highest since 2021. Daily trading volume jumped 43.8% to $155 billion. Stablecoin market cap hit an all-time high of $287.6 billion. The crypto market recorded another strong quarter in 2025 Q3, extending its rally for the third consecutive period. Total market capitalization surged 16.4%, adding $563.6 billion to reach $4 trillion, marking the highest valuation since the bull run of late 2021. CoinGecko’s newly released Q3 2025 Crypto Industry Report described the quarter as the market’s “second leg of…

Memecoins Drop to July Levels as Bitcoin and Ether Lead Market Recovery

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The memecoin sector’s market capitalization fell to levels last seen in July, as meme-based tokens struggled to recover from losses incurred during the crypto market’s sharp crash on Friday.  CoinMarketCap data showed that on Saturday, the memecoin sector dropped to a low of $44 billion, an almost 40% plunge from $72 billion the previous day. On Sunday, the memecoin market slightly recovered to $53 billion, a level last seen in July before a Solana-based memecoin frenzy ignited the sector’s late-summer rally. Over the last four months, the memecoin market cap…

Ethereum High Timeframe Open Interest Breakdown Confirms Market Reset Phase — What This Means

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Ethereum’s high-timeframe structure exposes the fallout from the leverage massacre. Open Interest has cratered, reflecting widespread liquidation across futures markets. With leverage drained and traders shaken out, the path forward depends on whether spot demand can fill the vacuum left by the OI collapse. The recent market volatility has presented a critical opportunity to assess the underlying health of various crypto assets. In an X post, Daan Crypto Trades, a full-time crypto trader and investor, has offered a compelling analysis of Ethereum’s high-timeframe chart, specifically focusing on Open Interest (OI),…