CoinDesk 20 Performance Update: Index Plunges 22.6% Amid Global Market Decline
The CoinDesk 20 experienced a major downturn over the weekend with NEAR and LINK among the hardest hit.
Bitcoin
First Mover Americas: Bitcoin Crashes to $50K as ‘Perfect Storm’ Hits Crypto Market
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind
Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin.
Crypto Futures Witness $840M in Liquidations as Bitcoin Nosedives, Ether Records Biggest Fall Since 2021
A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom.
Bitcoin Tumbles to $53K, Ether Turns Negative for 2024 as Panic Grips Markets
Japan’s Nikkei fell more than another 6% early Monday, bringing that index’s three-day decline to about 15%.
Bitcoin needs to break this massive BTC sell wall to seek higher prices
Bitcoin (BTC) has crashed again below the $60,000 technical and psychological support following macroeconomic developments and recession fears. The negative … Continue reading
The post Bitcoin needs to break this massive BTC sell wall to seek higher prices appeared first on Finbold.
Bitcoin Plunges Under $60K; Crypto Bulls Lose $200M as Dogecoin, Solana Tokens Drop 10%
Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend.
As Trump Suggests Crypto as a Fix to U.S. Debt, Harris Camp Highlights His Remarks
Former President Donald Trump heaped more praise on the “very, very smart people” of the crypto industry in an interview broadcast on Friday, suggesting that the U.S. embracing Bitcoin {{BTC}} could aid in addressing the $35 trillion U.S. national debt. Though Vice President Kamala Harris, his presumptive Democratic opponent in the presidential race, hasn’t yet made any policy statements about her own view on cryptocurrency, one of her campaign accounts on X – the “rapid response” campaign effort – seemed to slam Trump’s view by airing his comments.
Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood
Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday.
Protocol Village: Arthur Hayes Releases NFT Collection ‘Airheads’ on Bitcoin Ordinals
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7.