The crypto market has had a bearish but sensational start to August, with Bitcoin hovering around $57,000 and altcoins experiencing significant declines. The recent market correction, triggered by macroeconomic and inflation-related fears, has presented an opportunity for investors to accumulate promising crypto assets at attractive prices. If you are impacted, it’s best to ride it
As global uncertainties continue to impact financial markets, Saketh, a seasoned crypto trader, at ETMarkets live stream, offers insights into navigating the current volatility in the cryptocurrency sector. Recent market behavior has shown that cryptocurrencies often move in tandem with broader market trends. This raises questions about their stability amidst the ongoing economic turbulence. Trading
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above $57,000 mark for the first time this week on Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of minor gains and losses across the board as
1. What factors influence the cryptocurrency market’s bounce back A. The cryptocurrency market’s bounce back is influenced by several key factors including regulatory changes, technological advancements, market sentiment, global economic conditions, and institutional investments. Favorable regulations can boost market confidence, while technological innovations like blockchain scalability can drive growth. Investor sentiment, shaped by news and
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped down to $50,000 on Monday but managed to recover fast and climb above the $55,000 mark early Tuesday. The fear of recession in the US due to the US Federal Reserve’s decision to maintain high interest rates continues to loom as a major concern among
Data shows the cryptocurrency derivatives market has suffered liquidations of more than $1 billion in the past day as Bitcoin has crashed to $52,000. Bitcoin Has Plunged By More Than 15% During The Last 24 Hours Bitcoin investors have been dealt a shock to open Monday, with the cryptocurrency having crashed by more than 15%,
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $67,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) —saw minor gains across the board as the overall Market Fear & Greed Index stood at 61 (Greed) out of
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained below the $65,000 mark early Friday. The WazirX wallet breach of over $230 million sent a wave of concern among investors, leading to a dip in prices for nearly all coins on Indian platforms. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $62,000 mark over the weekend, recovering from its losses seen over the past week. It is largely believed that the assassination attempt on pro-crypto US presidential candidate Donald Trump severely influenced investors’ sentiments. Other popular altcoins — including the likes of
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $57,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at