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.
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A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom.
Japan’s Nikkei fell more than another 6% early Monday, bringing that index’s three-day decline to about 15%.
Bitcoin (BTC) has crashed again below the $60,000 technical and psychological support following macroeconomic developments and recession fears. The negative … Continue reading
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Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend.
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.
Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7.
The U.S. jobs report for July was released Friday morning (Tim Mossholder/Unsplash, modified by CoinDesk)
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The Presumptive Democratic U.S. presidential nominee cannot afford to cede crypto to Donald Trump and luring crypto voters and donations away could “make a difference in key battleground states,” OMFIF wrote.