Bitcoin and the broader crypto market are rising today, Sept. 10, after the United States reported encouraging producer inflation data. Summary The crypto market rallied after the encouraging US inflation data. This report pushed some analysts to predict a 0.50% rate cut next week. Cryptocurrencies also rose after the strong Oracle and TSMC earnings. Bitcoin btc2.38%Bitcoin price…
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The crypto market took a sharp turn lower this week as a cocktail of weak economic data, renewed trade tensions, and heavy profit-taking sparked a wave of selling across Bitcoin and major altcoins. Summary The crypto market continued crashing, with the market cap falling to $3.6 trillion. This crash happened after the weak nonfarm payrolls…
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The crypto market turned red on Saturday and Sunday as geopolitical tensions spiked following President Donald Trump’s order to bomb Iran’s nuclear sites. The U.S. joined Israel in launching strikes on Iran early Sunday, targeting three key nuclear sites in an operation aimed at crippling Iran’s nuclear enrichment capabilities. Trump declared the mission a success,…
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For the first time in seven weeks, Bitcoin has surpassed $93,000, triggering a sentiment shift that resulted in more than $600 million in crypto market liquidations. As of press time, Bitcoin btc5.99%Bitcoin is trading at $93,069, up 5% in the last 24 hours. Ethereum eth10.01%Ethereum has jumped 12% to $1,768 while Solana sol8.39%Solana is up 7% at $149. The cryptocurrency market’s…
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Bitcoin has fallen below $85,000, continuing its sharp decline as traders react to President Donald Trump’s announcement of new tariffs on European imports. Speaking at his first cabinet meeting on Feb. 26, U.S. President Donald Trump reiterated his intention to put a 25% tariff on European Union goods, as reported by The Guardian. The cryptocurrency industry has…
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After a brutal sell-off, Bitcoin and Ethereum are back in action. With Trump pausing tariffs on Canada and Mexico, optimism is creeping back into the market—will the rally last? The crypto market has staged a strong rebound after a brutal sell-off triggered by the U.S. President Donald Trump’s tariff announcement on Feb. 1. Bitcoin btc5.33%Bitcoin, Ethereum eth7.46%Ethereum, and the…
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The Dec. 2024 report highlights key developments in market capitalization, Bitcoin’s rise, Ethereum’s growth, and the expanding role of AI in the cryptocurrency ecosystem. The report from Binance Research highlights important changes that occurred in the cryptocurrency sector in Dec. 2024. On Dec. 17, 2024, crypto market capitalization reached its highest point at $3.91 trillion, propelled by institutional adoption…
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In today’s edition of the weekly recap: the crypto market witnessed a correction spearheaded by Bitcoin, while TRON founder Justin Sun came to U.S. President-elect Donald Trump’s aid. Market correction As Bitcoin btc-0.55%Bitcoin slumped below the $98,000 mark days after breaching $99,000, altcoins collapsed. The global crypto market cap dropped 2.3%, with liquidations hitting $494 million as of Nov.…
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The global cryptocurrency market increased by 11.5% this week, reaching a record high of $3.49 trillion and adding $358 billion in valuation. Bitcoin (BTC) surged over 8% during this period as buyers attempted to breach the $100,000 psychological resistance, and the hype spilled over into the broader altcoin market. Some standout performers this week included Stellar xlm29.59%Stellar,…
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From the beginning of July, crypto exchanges and stablecoin issuers will operate in the EU according to the rules provided for by the MiCA law. The entry into force of the Markets in Crypto-Assets (MiCA) law on June 30 means significant changes for the cryptocurrency industry in the EU. One of MiCA’s key provisions is…
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