The Bitcoin Kimchi Premium index has hit a three-year high due to economic factors like the strong U.S. Dollar or global trade war fears.
Bitcoin has recently shown signs of a rounding top pattern, marked by a 6.4% decline over the last 24 hours. This pattern was validated when BTC fell to $90,000 during an intra-day low, triggering panic selling.
Charles Hoskinson, the founder of Cardano (ADA) and CEO of Input Output Global (IOG), delivered a wide‐ranging AMA on February 2, 2025, covering potential partnerships with the Internet Computer Protocol (ICP), Cardano's stablecoin strategies, Bitcoin interoperability, and ongoing initiatives with various countries.
US spot Bitcoin ETFs saw inflows totaling nearly $5 billion in January, a strong start that could push them toward $50 billion or more by the end of the year, according to Bitwise CIO Matt Hougan. The post US Spot Bitcoin ETFs See $5B Inflows in January, Could Surpass $50B in 2024: Bitwise CIO appeared first on Cryptonews.
Bitcoin's (BTC) price fell to $91,180, reflecting a drop of 10% in the last 24 hours, and now there are growing fears that it could fall even further. According to Derive.xyz, the on-chain options market shows a 22% chance that Bitcoin could plummet to $75,000 by March 28.
Bitcoin and Ethereum plummeted after Trump's tariff shock, sparking over $2.21B in liquidations. BTC nears key support at $93.8K, while ETH holds strong above 2,150.
Bitcoin ETFs are on track to surpass $50 billion in inflows by the end of 2025, fueled by strong institutional adoption and record-breaking demand.
The market for cryptocurrencies is under heavy stress. Slipping below the $100,000 level, Bitcoin has been battered by economic uncertainty brought on by US President Donald Trump's new wave of tariffs.
Senator Cynthia Lummis has stated that the Strategic Bitcoin Reserve could serve as a financial safeguard and a means to address past generations' fiscal mismanagement.
Utah could be the first US state to invest in Bitcoin reserves.
BTC plunged to under $92,000 a few hours ago.
Trump's new trade tariffs could weaken the US dollar over time, potentially driving Bitcoin prices higher as investors seek alternative stores of value.
Bitcoin's (BTC) transaction activity has recently fallen to its lowest levels since March 2024, signaling a notable dip in network movements. Despite this reduction in transaction count, overall interest in Bitcoin remains strong, with activity still above the peak levels observed in 2022.
Singapore is opening its doors to Australian crypto ETFs as institutions eye a regulated entry into a turbulent crypto market.
The probability has doubled from last week as the renewed trade war between the U.S. and its major trading partners threatens to inject inflation into the global economy.
Bitcoin plunged 10% on Monday, hitting $91,695.8, as a wave of selling swept through the crypto market. The sharp decline followed U.S. President Donald Trumps decision to impose trade tariffs on China, Canada, and Mexico, sparking fears of a renewed trade war.
The global crypto market witnessed turmoil as the week kicked off, primarily in the wake of U.S. President Donald Trump's new tariffs rattling broader markets. Bitcoin (BTC) price crashed as low as the $91K level on Monday, whereas altcoin prices dipped in sync.
South Korea's bitcoin premium index, aka “kimchi premium,” reached a 10-month high on South Korean exchanges and remained stable amid a major global market dip. On Monday morning in Asia, the Korea Premium Index rose to 9.7%, marking its highest since April 14, 2024.
Bitcoin (BTC) has become a central focus for many cryptocurrency investors, and it's no surprise why. After a rollercoaster year in 2024, Bitcoin's price is showing signs of potential growth.
Cryptocurrency prices crashed hard on Monday, continuing their recent trend, and leading to substantial liquidations. Bitcoin moved from the year-to-date high of $109,200 in January to below $93,000.
After President Donald Trump targeted China, Mexico, and Canada with long-threatened import taxes, the crypto market fell on Feb. 1 in a risk-off action. Bitcoin's price fell by 5%, which has rippled its way into altcoins.
Market jitters rise as US tariffs drive XRP lower. Will the SEC's next move spark a recovery or deepen losses?
Bitcoin tanked. It hit $92,681 less than an hour ago before bouncing slightly to $93,831.
Bitcoin (BTC) price traded as low as $91,231 on Binance on Monday Morning, as crypto markets buckle under pressure from escalating trade tariff war involving the United States. Bitcoin (BTC) Plummets to $91K as Crypto Market Liquidations Hit $1.8 Billion Bitcoin (BTC) plunged below the $91,200 mark on February 3, its lowest level in 20
On February 3, the bears gripped the cryptocurrency market, as investors were reacting to Trump's sweeping tariifs. The global crypto market cap crashed by over 12% to $3.01 trillion. Donald Trump's decision to immediately impose tariffs on Canada, Mexico, and China sent shockwaves through the crypto markets.
Bitcoin price started a fresh declined below the $100,000 zone. BTC is down close to 10% and might test the $90,000 support zone.
One analyst said kimchi premium can be seen during periods of panic selling when selling pressure is lower on South Korean exchanges.
Bitcoin's price fluctuations often drives intense debate among investors, but Robert Kiyosaki, the author of Rich Dad Poor Dad, has a different take. Despite the recent downturn in Bitcoin's value, Kiyosaki remains unphased.
Bitcoin is approaching a key support level at $90,000, raising concerns about potential downside risks. After reaching a local high of $109,000, the price has struggled to establish a new peak, signaling weakness in the market.
XRP fell 10.40% on Sunday, trading at $2.6573 by 12:25 (17:25 GMT) on the Investing.com Index. This marked its steepest one-day drop since December 9, 2024.
Trump's tariffs may exacerbate global inflation, destabilize markets, and potentially boost Bitcoin demand as a hedge against currency devaluation. The post New Trump tariffs stoke inflation fears, trigger $2 billion in crypto liquidations, Bitcoin crashes to $92K appeared first on Crypto Briefing.
BTC, ETH, SOL all down as the market digests the impact of the possibility of a global trade war
Bitcoin plunged to $92,111 on Sunday, slashing more than 8.5% of its value in just 24 hours and triggering $1.23 billion in liquidations across crypto derivatives markets as bearish sentiment took hold.
Bitcoin (BTC) has been experiencing a period of reduced selling pressure, with long-term holders significantly cutting back on their sales activities. According to a cryptocurrency analyst, this shift could signal an impending surge in Bitcoin's value, as market conditions become more favorable for price increases.
Bitwise's Matt Hougan says US spot Bitcoin ETFs recorded nearly $5 billion in net inflows over January, tipping inflows to reach over $50 billion by year's end.
Bitwise's Matt Hougan says US spot Bitcoin ETFs recorded nearly $5 billion in net inflows over January, tipping inflows to reach over $50 billion by year's end.
The Yguazú facility, 80% complete, will add 6 EH/s to HIVE's mining capacity by Q2 2025, with hydro-cooled ASICs set to enhance efficiency.
Utah's Bitcoin reserve bill could be the first of its kind to pass at the state level in the US because of its shorter legislative window to decide on bills, says a Bitcoin advocate.
Bitcoin (BTC) is currently navigating through a delicate phase, with its price showing some signs of stability after a slight decline. As we step into February, investors and analysts are closely monitoring the market for potential price movements.
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Robert Kiyosaki warns Trump's tariffs could trigger a crash in bitcoin, gold, and silver—an opportunity, he says, to buy assets at bargain prices.
Cryptocurrency enthusiasts and investors have been closely watching Bitcoin's movements in recent months. A new analysis suggests that Bitcoin could be on the brink of a dramatic price surge.
Now that Bitcoin (BTC -4.14%) has crossed the $100,000 mark, it's only natural to ask: Just how much higher can it really go? After all, Bitcoin is up more than 30,000% over the past decade, and is now a $2 trillion asset.
The debate over Bitcoin reserves is intensifying within the Eurozone, with some European countries advocating for cryptocurrency investments while the European Central Bank (ECB) remains firmly opposed. Despite concerns over Bitcoin's volatility and security risks, countries such as Norway and the Czech Republic are increasingly considering Bitcoin as part of their investment strategies.
After reaching $102,412 in January, Bitcoin has fallen under $100,000. Some experts think it could briefly hit $95,000 before going back up.
Currently, the El Salvador government has 6,055 BTC worth over $612 million. The country made a $1.4 billion deal with the IMF as part of the deal they have to make BTC payments optional.
Bitcoin's price has taken a noticeable dip in recent days, and it's not just due to market fluctuations. The latest development in global trade, namely President Trump's imposition of 25% tariffs on Mexico and Canada, is causing Bitcoin and other assets to experience a significant decline.