Bitcoin Price Financial News

crypto market cap slipped below the $1 trillion mark again as the US Fed vowed to continue the monetary hawkishness adopted earlier this year.Bitcoin fell below $20,000 on Sunday as part of a wider cryptocurrency-market retreat, amid concern about the Federal Reserve's rate-hike path, Reuters reported. Barring BNB, all other top tokens were trading in the red on Monday. Avalanche plunged as much as 10 per cent, whereas Polygon tumbled 5 per cent. XRP and Cardano declined 4 per cent each. The global cryptocurrency market cap was trading lower at the $951.77 billion mark, falling as much as 2 per cent in the last 24 hours. However, the total trading volume dropped about 17 per cent close to $54.09 billion.

Bitcoin (BTC) fell back below $20,000 after the Aug. 30 Wall Street open as data showed hodlers selling at a loss.

Bitcoin (BTC) hodlers are asking questions after 10,000 BTC dormant since 2013 suddenly left its wallet.

Bitcoin (BTC) regained some lost ground at the Aug. 29 Wall Street open amid talk of an imminent short squeeze.

Former stockbroker Jordan Belfort, known colloquially as the “Wolf of Wall Street” has likened low market cap crypto assets to penny stocks due to their extreme price volatility.

Bitcoin (BTC) looked set to equal its lowest monthly close since 2020 on Aug. 28 as bulls failed to take control.

BItcoin (BTC) is on track to see its worst August performance since the 2015 bear market — and next month may be even worse.

Bitcoin (BTC) may have hit six-week lows of under $20,000 but its network fundamentals are anything but bearish.

Bitcoin (BTC) failed to keep $20,000 support on Aug. 27 as fears over a sell-off by users of defunct exchange Mt. Gox added to price pressures.

Bitcoin (BTC) analysts were keen to draw fresh price targets on Aug. 27 after the largest cryptocurrency briefly fell below $20,000.

Investors continued their vigil for the US central bank chair's comments that might hint at the Fed's next interest rate hike. Barring Solana and Polkadot, major crypto tokens were trading higher on Friday. Shiba Inu rose 4 per cent, whereas Cardano, BNB and Dogecoin added a per cent each during the early hours. The global cryptocurrency market cap was trading marginally higher at the $1.04 trillion mark, rising less than a per cent in the last 24 hours. However, the total trading volume dropped more than 2 per cent close to $63.98 billion.

Bitcoin (BTC) rose rapidly later on Aug. 26 as fresh economic data from the United States furthered hopes of a pivot from the Federal Reserve.

Bitcoin (BTC) futures are starting to see record discounts as sentiment among derivatives traders worsens. 

Bitcoin (BTC) inched closer to $22,000 on Aug. 25 as realized price provided the next major hurdle for bulls.

Bitcoin (BTC) stayed strictly rangebound on Aug. 24 as buyers and sellers attempted to spark a breakout.

Bitcoin (BTC) lost a key bear market trendline last week as it shed almost 12%, but other chart data offers a silver lining for bulls.

crypto tokens traded mixed on Tuesday after the US Fed turned hawkish amid renewed inflation worries, which spooked traders. Most crypto tokens have dropped up to 20 per cent in the last one week, following the release of US FOMC minutes, suggesting the bank would maintain its current inflation prescription of 75-basis point, interest rate hikes.Solana topped among the losers followed by Shiba Inu with a 2 per cent cut, whereas Cardani and Ethereum posted similar gains each. The global cryptocurrency market cap was trading marginally higher at the $1.02 trillion mark, almost unchanged in the last 24 hours. However, the total trading volume rallied over 18 per cent, close to $70.62 billion.What's cooking in IndiaThe interconnectedness between Indian equities market and crypto assets has increased nearly tenfold since the advent of the Covid-19 pandemic, the International Monetary Fund observed in a blog post and flagged the attendant risks.

Bitcoin (BTC) hodlers are feeling the squeeze this week as repeated tests of lower levels spark increasing losses.

Crypto investment products registered minor weekly outflows last week as volumes plunged to their second-lowest levels of the year, signaling weak demand among institutional investors during the tail end of summer.

Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows.

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 per cent, whereas Avalanche and Dogecoin dropped 10 per cent each. Cardano and Polkadot declined 8 per cent each. The global cryptocurrency market cap was trading lower at the $1.08 trillion mark, dropping as much as 2 per cent in the last 24 hours. However, the total trading volume tumbled over 7 per cent, close to $64.81 billion.