Bitcoin hit a new all-time high on Wednesday, surpassing the $73,000 mark as investors mostly shrugged off slightly hotter-than-expected U.S. inflation, betting it won’t derail interest rate cuts expected by the middle of the year. In the last 24 hours, Bitcoin jumped to an intraday peak of $73,127. It was last 0.9% higher at $72,920 … Read more
The major crypto tokens were trading in the red on Monday, dragged by the losses in Bitcoin and Ethereum. Meanwhile, the global cryptocurrency market cap declined 1.26% to around $1.42 trillion in the last 24 hours. At 9.45 a.m., BTC was trading 1.05% lower at $37,321, while the second most popular token, Ethereum, was down … Read more
After a quick recovery on the weekend, the crypto market was back in the red on Monday, reminding of the dreary days of September, when inflation and recession worries hurt the markets most. Bitcoin was holding the $19,000-mark, whereas Ethereum slipped below the $1,300-mark. Cryptos tracked equities markets, which were moving dismally amid rising fears. … Read more
New Delhi: Crypto market continued to bleed on Friday as investors assessed the minutes of the US Fed meeting. Bitcoins slipped below the $23,000 mark amid the anticipation of further rate hikes. Even for Ethereum, the merge excitement got done and dusted. Experts see a range-bound movement in the days ahead. Shiba Inu plunged 12 … Read more
New Delhi: Crypto market slipped in early trading hours on Thursday. Bitcoin barely held above $20,000 levels while the pain in altcoins was severe. Fears of recession in the global economy and rising inflationary pressure are denting the sentiment for the digital token market. Barring Unus Sed Leo, which gained about 4 per cent, and … Read more