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The cryptocurrency market experienced heightened volatility as Donald Trump was inaugurated as the 47th U.S. President. His speech, which omitted any mention of bitcoin or crypto policies, triggered widespread sell-offs. According to Coinglass, total liquidations surged to $1.28 billion, affecting over 386,000 traders. Long positions bore the brunt of the
The crypto market failed to turn green even a day after Donald Trump’s inauguration. The largest asset, Bitcoin, continues to stay at $102K. Particularly, the prominent meme coin, Dogecoin (DOGE), has seen a notable price drop of over 9%. The recent bullish price pattern of Dogecoin price has signalled a
With the crypto market cap losing over 2.54%, reaching $3.54 trillion, all major assets exhibit mixed price actions. The largest asset, Bitcoin (BTC), traded within the $102K range. Notably, among the altcoins, Chainlink (LINK) has recorded a 12.37% gain over the past 24 hours. LINK chose to trade on the
Bitcoin reached a new all-time high of $109,114.88 on Jan. 20. It briefly surpassed $109,000 before retreating below $108,000 within minutes. At 06:55 am UTC, BTC hit $109,036, breaking the previous record of $108,000 from December 2024. The rally comes hours before Donald Trump’s inauguration as the 47th U.S. President
Chainlink’s native token, LINK, has experienced a notable surge, reaching a 10-day high of $24.21. This upward movement represents an approximate 13% increase over the past 24 hours and a 43% boost in trading volume. Despite this recent uptick, LINK remains down 12% over the past month. Technical analysis suggests
Bitcoin recently reached a high of $102,037.76, continuing its upward trend. It is currently trading at $101,502.66, marking a 2.10% increase in the past 24 hours. The market cap now stands at $2.01 trillion, a 2.09% surge, while the 24-hour trading volume has risen to $58.1 billion, up 1.63%. The
The crypto community continues to rejoice in the upward momentum in the market over the past few days. Bitcoin has finally risen to the $101K level after days of consolidation. The timing couldn’t be better, as one of the external factors contributing is Trump’s inauguration day approaching. This has inadvertently
Solana’s recent price action presents an interesting study in market psychology as the cryptocurrency rebounds from its dip below $170. The recovery to $202 marks a significant technical achievement, though the sustainability of this bounce depends on the delicate balance between new investor participation and profit-taking behavior. Understanding Solana Network
Ethereum dominance is gradually decreasing among blockchains that enable dApp development and DeFi. With the emergence of blockchain networks such as Solana, Tron, Sui, Base, Hyperliquid, Ethereum is losing its share of TVL in the blockchain ecosystem. Even the short bull run we witnessed in December 2024 couldn’t favor the
Texas Senator Charles Schwertner has announced the submission of Bill SB 778, proposing the establishment of the first state-level Bitcoin strategic reserve in the United States. If passed, this legislation could position Texas at the forefront of the digital economy, fostering economic growth and enhancing financial freedom. The bill likely
