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U.S. rate cut soon? Unlikely. The Fed Chair Powell said if rates are cut too soon it might "undo the good work we've done to bring down inflation.
The secured overnight financing rate surged Monday, indicating liquidity stress in the U.S. banking system...
Despite recent heavy outflows in the U.S. Spot Bitcoin ETF market, Australia's Monochrome Bitcoin ETF witnessed an influx on Tuesday, July 2. Moreover, the institutional buying of BTC has increased la
TL;DR Ethereum (ETH) ETFs Launching Soon: Spot Ether (ETH) exchange-traded funds (ETFs) are set to launch in the United States, potentially as early as July 8. These ETFs could be a game-changer for E

Why Is Bitcoin Down To $60K Today?

07:15am, Wednesday, 03'rd Jul 2024
Bitcoin (CRYPTO: BTC) has experienced a sharp decline in early Asian trading hours, dropping from $62,000 to $59,544, marking an over 4% decrease. What Happened: This downturn coincided with the first
Bitcoin has been in a downtrend since the beginning of June, struggling to gain upward momentum despite positive ETF inflows.
Bitcoin (BTC), the leading crypto currency, is currently trading at a discount on Coinbase compared to Binance, signaling low demand and potential selling pressure from U.S. investors. This discount,
According to Glassnode's latest analysis, Bitcoin is stuck below the $64,000 mark, facing uncertainty in a slow-moving market. Bitcoin‘s price has stagnated between $60,000 and $64,000, indicative o
The Ethereum blockchain network has once again occupied the first spot when it comes to the network fee generated over the last year. With a network fee generated of $2.7 billion over the last year, E
Bitcoin price slips to $60,000 today, sparking concerns in the broader crypto market. Following the downturn trend in BTC price, several other major cryptos also witnessed a decline today.
Bitcoin to $150K or $50K? Fundstrat and Standard Chartered give bold but different projections.
Although cryptos have managed to hold the line, a possible coming selloff in Bitcoin puts blockchain investors on high alert.
"This overhang of up to 140,000 BTC should continue to weigh on markets," QCP Capital said of the impending Mt. Gox repayments.

Market trembles as Bitcoin (BTC) continues decline

05:42am, Wednesday, 03'rd Jul 2024
Bitcoin (BTC) has just dropped under $61,000 amid fears of continued selling from the US and German governments, and potential fresh selling from Mt. Gox BTC holders.
Bitcoin has fallen below the $61,000 mark, despite equity indices reaching record highs amid the Fed's recent statement on inflation.
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