Shiba inu price Financial News

crypto tokens traded mixed with a negative bias on Friday. Bitcoin, Solana, XRP, Avalanche, Chainlink, Toncoin, and Internet Computer were trading in the red, while Ethereum, BNB, Cardano, Dogecoin, Polkadot, Polygon, and Shiba Inu were trading in the green. At 11:30 p.m., Bitcoin was trading 0.5% lower at $51,229, while Ethereum was up 0.9% at $2,958. Meanwhile, the global cryptocurrency market cap fell 0.25% to around $1.95 trillion in the last 24 hours.

At 12:25 pm, Bitcoin was trading 0.3% lower at $51,814, while Ethereum was up 1.4% at $2,971. Meanwhile, the global cryptocurrency market cap fell 0.21% to around $1.97 trillion in the last 24 hours.

Dogecoin, Tron, Polkadot, Toncoin, and Shiba Inu were trading in the green. At 12:25 p.m., Bitcoin was trading 0.9% lower at $51,926, while Ethereum was up 0.34% at $2,931. Meanwhile, the global cryptocurrency market cap fell 0.1% to around $1.98 trillion in the last 24 hours.

Dogecoin. At 11:40 a.m., Bitcoin was trading 1.2% higher at $52,311, while Ethereum was up 4% at $2,920. Meanwhile, the global cryptocurrency market cap surged 1.4% to around $1.97 trillion in the last 24 hours.

Overnight, data showed that US retail sales fell by 0.8% in January, the sharpest drop in 10 months.

cryptocurrency market rose sharply on Thursday as the world's top largest crypto tokens, Bitcoin and Ethereum, surged over 6%. Meanwhile, the global cryptocurrency market cap surged 5% to around $2.04 trillion in the last 24 hours. At 10:36 a.m., Bitcoin was trading 6% higher at $52,318, while Ethereum was up 6.6% at $2,796.

Consumer price index dropped to an annual rate of 3.1% in January, according to official data; above economists’ expectations of 2.9%. In December, the CPI stood at 3.4%.

BNB, XRP, Dogecoin, Cardano, Avalanche, Toncoin and Tron soared up to 15%. Crypto markets rallied in anticipation of imminent approvals by the US SEC regarding spot bitcoin exchange-traded funds (ETFs). Crypto markets surged over 6% overnight reacting to the US SEC Chairman’s tweet about crypto investing, Vikram Subburaj, CEO, of Giottus Crypto Platform said, attributing the development to the uptick in major cryptos. Bitcoin briefly breached $47,000 for the first time since April 2022 and is looking set for a push towards $50,000 if spot ETF approvals come in this week, he opined. In his view, BTC dominance has increased to 54.5% indicating strong performance of the top crypto asset lately. Any euphoric rally from here could lead to a correction later, he warned investors as he advised them to remain cautious of the market volatility over the next 7 days. The crypto market's total market capitalisation has crossed the $1.8 trillion mark according to Coinswitch data which said that the crypto fear and greed index remains highly positive, jumping by 6 points as compared to Monday.

The Shiba Inu price has surged by 6% in the past 24 hours, rising to $0.00001045 as Bitcoin ETF-related optimism pushes the crypto market as a whole towards a 5% gain today.

XRP (0.7%), Solana (7.3%), Avalanche (3.4%), and Tron (1.1%) were trading in the green. At the time of writing, the global cryptocurrency market cap declined by 0.27% to around $1.61 trillion in the last 24 hours. At 12.31 p.m., BTC was trading 0.81% lower at $42,696. In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, fell to $833 billion. The crypto market performed sideways with an upward bias in the last 24 hours. BTC is back to trading around $43k levels, while ETH is trading around $2.3k. This market movement can be attributed to the Feds as they signaled interest rate cuts for next year, said Parth Chaturvedi, Investments Lead at CoinSwitch Ventures.

Inflation concerns in the US re-emerged after data showed the Consumer Price Index (CPI) unexpectedly inched higher in November month-on-month but edged lower on an annual basis. The data bolstered expectations that the Fed will not pivot to rate cuts early next year. At 11:57 a.m., BTC was trading 1% lower at $40,999, while the second most popular token, Ethereum, was down 2% at $2,171. At the same time, the global cryptocurrency market cap declined by 1.7% in the last 24 hours to approximately $1.54 trillion. «Bitcoin maintains its position above the $40,000 mark despite some liquidations ahead of the US interest rate decision scheduled for today. Key resistance for BTC is at the $41,450 level, while support is identified at $39,500,» said Edul Patel, CEO of Mudrex.

The Shiba Inu price has dipped by 3% in the past 24 hours, slipping to $0.00000970 today as the wider market also falls by 3%.

The Shiba Inu price has dropped by 5.5% in the past 24 hours, slipping to $0.00000953 as the crypto market as a whole suffers a 1.5% dip.

The Shiba Inu price has dropped by 3% in the past 24 hours, slipping to $0.00000895 on a day when the market has pared back some of its gains from earlier in the week.

The Shiba Inu price has jumped by 10% in the past 24 hours, with the meme token’s rise to $0.00000934 coming as the market as a whole gains by 4% today.

Dogecoin. Meanwhile, the global cryptocurrency market cap surged 1% to around $1.44 trillion in the last 24 hours. At 11.59 a.m., BTC was trading 0.5% higher at $38,112, while the second most popular token, Ethereum, was up 2.6% at $2,091. Dogecoin also surged over 3.5% to $0.08. «After ending November with gains of 10%, Bitcoin has been trading range bound since yesterday. The buying pressure on BTC continues to surpass the selling pressure, suggesting that investors’ confidence is sustained and optimistic. Additionally, institutional participation continues to rise, with the latest being MicroStrategy's 10% increase of its BTC holding, translating into approx. $600 million worth of BTC,» Parth Chaturvedi, Investments Lead, CoinSwitch Ventures said. While key narratives involving the suspected approval of spot BTC ETF applications in the pipeline are sustaining investor sentiments, any new developments within the space can determine BTC’s future performance, Parth said.

The Shiba Inu price has risen by 1.5% in the past 24 hours, with its move to $0.00000834 also representing a 2% gain in a week.

The Shiba Inu price has risen by 1.5% in the past 24 hours, with its move to $0.00000831 coming as the wider crypto market posts a 2.5% gain today.

Meanwhile, Changpeng Zhao, the founder and CEO of Binance, resigned from his position and pleaded guilty to violating US anti-money laundering laws. This move comes as part of a historic $4.3 billion settlement to resolve a long-running investigation into Binance, the world's largest crypto exchange. The fallout from the settlement marks another significant blow to the cryptocurrency industry, which has faced increasing scrutiny and investigations. Following the Binance news, the global cryptocurrency market cap declined by 2.54% to around $1.38 trillion in the last 24 hours.

The Shiba Inu price has risen to $0.00000810 today, marking a 2% gain in 24 hours as the market recovers from Binance’s settlement with the DoJ.

The Shiba Inu price has dropped by 5% in the past 24 hours, with its fall to $0.00000794 coming as the cryptocurrency market as a whole suffers a 2% loss today.