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.
The cryptocurrency market has currently drifted into the severe red zone and There's been a significant drop in altcoins, especially with Ethereum, XRP, ADA and others seeing massive liquidations in minutes. A staggering $2 billion worth of liquidations have happened within 24 hours.
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.
The crypto market has plunged into the fear zone of the crypto fear and greed index, sliding to sentiment levels last seen in October 2024. A mix of fresh U.S.
The cryptocurrency community is abuzz with anticipation regarding XRP's future price trajectory. Egrag Crypto, a market analyst, anticipates that XRP will experience a significant increase in value, with a potential 70% increase.
Yesterday, Ripple unlocked at least 400 million XRP, valued at around $1.136 billion. In the last 24 hours alone, the price of XRP has dropped by over 24.6%. What Actually Happened in the XRP Market? As part of Ripple's routine monthly token release from escrow, yesterday, at least 400 million XRP, worth nearly $1.
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.
XRP has lost its positioning as the third-largest crypto asset once again.
BTC plunged to under $92,000 a few hours ago.
According to data provided by crypto analytics platform CoinGlass, a whopping $2.21 billion worth of crypto has been liquidated over the past 24 hours.
XRP, dogecoin (DOGE) and Cardano's ADA fell more than 25% to reverse all of the gains since December, reaching pre-U.S. election levels from early November.
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.
Attorney and founder of Crypto Law, John Deaton, took to his social media and warned that the fight against crypto is far from finished. Deaton said that the SEC's case against Ripple went beyond just targeting the company—it also claimed that XRP itself was a security, ignoring 75 years of legal precedent.
Ether got wrecked. The second-biggest crypto by market cap plunged 26.53% on Monday in Asia, falling to $2,135, according to Bloomberg data.
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.
XRP price started a major decline below the $3.00 zone. The price is down over 25% and there was a spike below the $2.00 support zone.
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.
Bitcoin transaction count dipped to the lowest despite increased bullish market signals.
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
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.
The XRP price collapsed hard on Monday as the crypto and stocks meltdown gained steam. Ripple dropped from a high of $3.3970 in January to a low of $1.7753. So, what next for the price of Ripple? XRP price prediction The weekly chart shows that the XRP token peaked at $3.
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.