Interest Rate Fears Replace Tariff Fears as Crypto Pulls Back
The “Art of the Deal” might be growing tiresome. Did someone say “stagflation?”
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The “Art of the Deal” might be growing tiresome. Did someone say “stagflation?”
The Trump administration will unleash a new era of crypto innovation, said ZX Squared founder CK Zheng.
Fireblocks users can now earn yield on their BTC holdings via BOB’s network
President Donald Trump has announced the creation of the United States Cryptocurrency Strategic Reserve to fulfill one of his election … Continue reading
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Despite Switzerland’s growing acceptance of cryptocurrencies, SNB’s President dismissed them as a “niche phenomenon.”
This year’s average purchase price is around $97,880, leaving investors facing an almost 20% unrealized loss at current prices.
Crypto had plenty of reasons on its own to head lower, but now a general macro risk-off sentiment can be added to the mix.
Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.
Investors pulled out funds from bitcoin and ether spot ETFs Tuesday as dwindling basis in the CME futures dented the appeal of carry trades.
The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale liquidation event indicated assets were likely oversold and could see relief in the short term.