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: The crypto market moved back in to the green on Tuesday, with Bitcoin again topping the $19,000 mark, whereas Altcoins zoomed up to 10 per cent. Riskier asset class was back in flavour ahead of the US Federal Reserve’s monetary policy meeting later in the day. Investors are bracing up for another 75 … Read more
New Delhi: Crypto tokens were trading lower on Thursday but Bitcoin held above the $20,000 threshold. The inflation worries and hawkish monetary policy comments dented the sentiments for the digital asset class. Crypto looks bearish for now and there is limited hope for any sharp revival. However, all eyes are set on the much-awaited software … Read more
New Delhi: Crypto market was trading in the red during early hours on Wednesday as traders nervously awaited cues from the US Fed Chairman Jerome Powell regarding the rate hike path. Barring Avalanche and Polkadot, which posted mild gains, all other top crypto tokens were trading lower on Wednesday. Solana dropped 3 per cent, whereas … Read more
New Delhi: Crypto market continued to bleed on Tuesday ahead of the Federal Reserve’s policy meeting. Investors have begun their countdown for a 75 basis point rate hike, which pushed the digital tokens lower. The total market capitalization of the crypto space again slipped below the $1 trillion mark, with Bitcoin barely holding on to … Read more