The crypto market seems determined to abstain from upward movements in the past few months. The May bull run left investors hoping for huge price actions in the following months which the crypto market has failed to deliver. In the past week, cryptocurrencies again entered a bull-bear price cycle escalating
The overall crypto market entered a slump over the weekend, after prices fell yet another time this month. Amid increased volatility, prices have been struggling to sustain bullish movements in the past few months. This has resulted in fluctuating market sentiments and an uncertainty among investors. Notably, leading cryptocurrency, Bitcoin
The crypto community rejoiced at a full-fledged price recovery in the last 24 hours. After a prolonged price slump over the past few weeks, leading cryptocurrencies retraced to their previous trading levels. Bitcoin returned to the spotlight as prices reached $60K in the Asian early morning hours of September 14.
On Thursday, after recording negative flows the previous day, spot bitcoin exchange-traded funds in the US experienced daily net inflows of $39.02 million. Ark and 21Shares’ ARKB had the most net inflows yesterday, with $18.34 million flowing into the fund, according to SoSoValue statistics. Net inflows to Fidelity’s FBTC were
MicroStrategy Inc. (NASDAQ: MSTR), a leading business intelligence and software firm, has significantly bolstered its Bitcoin portfolio with the acquisition of approximately 18,300 BTC. Between August 6 and September 12, 2024, the company invested $1.11 billion at an average price of $60,408 per Bitcoin, including fees and expenses. The purchase
Bitcoin’s price performance has remained under pressure for the past few months. The largest asset’s crucial challenge is to break free from its narrow trading range of $50K to $60K. The ongoing market volatility blocks Bitcoin from making an upward movement. Over the past 24 hours, the asset has plunged
Bitcoin’s price is currently trading above $58,000, reflecting a 24% drop from the yearly high of $73,800 recorded in March 2024. The cryptocurrency market has been volatile in the second half of 2024, with BTC particularly affected by global macroeconomic uncertainty. As of September 12, 2024, BTC has surged over
As we enter the final quarter of 2024, the cryptocurrency market stands on the brink of potential upheaval and opportunity. The Q4 has been marked by heightened activity and bullish trends, making it a prime time for investors. However, analysts have noted a growing resilience in altcoins, despite Bitcoin’s recent
September has historically been a challenging month for both U.S. stocks and cryptocurrencies, and this year is no different for Bitcoin. The leading cryptocurrency has recently faced a tough time, with its value fluctuating significantly from $58K to $55K. Bitcoin initially dropped below the $57K mark on September 2. Although
U.S. officials have reached a settlement with GSB Group head Josip Heit over an alleged $1 billion illicit cryptocurrency scam. The five states took this action in an effort to recoup investment funds totaling millions of dollars. To safeguard financial market investors, authorities throughout the world, including those in the
