cryptocurrency market
Bitcoin Stalls at $64K as Hawkish Fed Hold Divides Analysts
Bitcoin treads water at $64,846 as the cryptocurrency market grapples with a hawkish Federal Reserve hold and deeply divided analyst sentiment on whether August brings a deeper correction or a rally toward $83,000. The week ending August 2 delivered contradictory signals: Bitcoin climbed 7.36% in July but has struggled in early August, with the Fear...
Here’s What Happened in Crypto Today
Bitcoin and Ethereum declined 3% as August trading began with renewed market caution, while the XRP Ledger prepared for a landmark upgrade and security concerns intensified across the hardware wallet ecosystem. Regulatory pressures mounted with Russia signaling mining restrictions and BitMart announcing a trading shutdown, creating a mixed landscape of infrastructure development and compliance headwinds...
Here’s What Happened in Crypto Today
Bitcoin plummeted below $60,000 on June 26 as a combination of Federal Reserve hawkishness and massive institutional liquidations gripped the cryptocurrency market. An $11 billion options expiry cascade and aggressive fund exits created a perfect storm that dominated trading floors throughout the day. Meanwhile, regulatory and DeFi developments continued reshaping the sector’s infrastructure landscape. Bitcoin’s...
Fed Hawkish Pivot Crushes Bitcoin and Ethereum as Rate-Cut Hopes Vanish
The Federal Reserve’s hawkish dot plot on June 17 has triggered a sharp sell-off across digital assets, with Bitcoin steadying near $63,926 and Ethereum declining 2.86% to $1,740 as market participants reassess rate-cut expectations for 2026. The dovish narrative that powered crypto markets earlier in the year has evaporated, replaced by a harsh reality: interest...