Bitcoin network transactions have hit their lowest levels since March 2024 while technical indicators show mixed signals, with current distribution phase data suggesting a potential market peak before May 2025.
In a post on X , attorney Jeremy Hogan from Hogan & Hogan P.A.—well-known within the XRP community for his legal insights on the ongoing Ripple vs.
Satoshi Act Fund founder and CEO, Dennis Porter, is certain that Utah will be the first state to pass a strategic Bitcoin reserve legislation in the U.S.
Buying the dip after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say.
Inflows into spot Bitcoin exchange-traded funds in the United States sharply tapered off over the past week amid the Fed's decision on interest rate cuts and a broader risk-off sentiment among investors following concerns over China's launch of the AI
Late January and early February 2025 have proven turbulent for both the cryptocurrency and the stock market. China's novel DeepSeek artificial intelligence (AI) model was the first to generate strong headwinds as it marked the entry of a new and powerful competitor to a sector otherwise dominated by American big tech.
The cryptocurrency market lately saw an awful lot of liquidations, worth $2.2 billion to be exact. With Bitcoin (BTC) touching $91,231 on Binance, many altcoins, like Ethereum first of all, experienced an average of 20% drawdowns, causing pain and deposit annihilation big time.
Ripple's recent token release from escrow has sparked a significant market reaction, with XRP's price falling sharply by 24.6% in the past 24 hours. On February 1, Ripple unlocked 400 million XRP tokens, valued at about $1.136 billion, which caused a notable downturn in the cryptocurrency's value.
Bitcoin asserts its dominant position against altcoins. The queen of cryptos sees its market share cross the symbolic threshold of 60% on February 2, while altcoins suffer significant losses following the new trade measures imposed by President Trump.
The BTC dominance has skyrocketed by 2.5% in a day.
Bitcoin's NVT Golden Cross surpasses a critical level, signaling the BTC market is overheated.
Bitcoin ($BTC) now trades at $95K after briefly touching $92K for the first time in three weeks. Out of the 100 top tokens, only four recorded minor 24-hour gains, including $FARTCOIN with an 8% increase (huh).
Metaplanet, OSL Group and Boyaa led the crypto stock downturn as Bitcoin fell to $91,163 amid broader market fears over tariff trade wars.
Bitcoin now commands nearly 62% of the total crypto market, its highest level since February 2021. As altcoins struggle, traders are closely watching BTC's price movement, particularly the $102,436 CME Gap—a crucial level for potential reversals.
Families are ditching traditional college funds and 529 plans for crypto's potential high returns. With Bitcoin surging past $100,000, some see it as a game-changer for securing their children's financial future.
XRP experienced a 22% price drop to $2.23 despite analyst predictions of potential growth to $70, with market data showing mixed signals across trading metrics.
Renowned economist Peter Schiff commented on Bitcoin's (CRYPTO: BTC) market slump on Sunday, drawing an unusual analogy with “soothsayer” groundhog “Punxsutawney Phil's” prolonged winter prediction. What Happened: Schiff took to X to point out the large drop in the value of Bitcoin and Ethereum (CRYPTO: ETH), the two biggest cryptocurrencies by market capitalization.
Robert Kiyosaki, renowned investor known for authoring a best-selling book on personal finance management “Rich Dad Poor Dad”, has taken to social media to comment on the current bloodbath faced by financial markets, including Bitcoin.
Canada, Mexico and China promised “retaliatory measures” for Trump's tariffs, which “heightened investor anxiety," leading to the crypto market downturn, analysts told Cointelegraph
The broader digital currency ecosystem recorded its worst single-day bloodbath this year, with assets like Cardano (ADA) at the forefront. At the time of writing, the ADA price changed hands for $0.7012, down by 20.53% in the past 24 hours.
A weekend announcement of new U.S. trade tariffs triggered the largest cryptocurrency liquidation event in history, pushing Bitcoin below $92,000 before recovering to $95,000 amid broader market uncertainty.
XRP rebounds 35% after Trump's tariff-induced crypto crash, mirroring past capitulation events that led to 1,000% rallies.
XRP's price has plunged 24.6% in a day, sparking fears of a total collapse.
XRP (XRP -22.84%) is the native cryptocurrency on the XRP Ledger, a blockchain built by technology company Ripple to enable faster and cheaper cross-border transactions. XRP soared about 500% in the past year, but its price has also declined 15% during the last two weeks, such that the cryptocurrency currently trades at $2.88 as of Feb. 1.
XForceGlobal Analyst Anticipates Ripple Price Breakout Amid Whale Interest in Binance and Elluminex
The collapse, however, was followed by a rebound, and it did not affect the bulk of the gains at the end of 2024.
In January, the 12 spot bitcoin ETFs saw about $5.25 billion in monthly inflows, up from $4.53 billion in December 2024.
Monochrome has registered its Bitcoin and Ethereum ETFs in Singapore, targeting accredited investors, and aims to expand regionally by 2025.
Bitcoin (BTC) carries blocks with few transactions and has an almost empty mempool, despite the recent volatile price action. More BTC owners hold their coins as a store of value, slowing down network usage.
The Bitcoin price sank by more than 13.5% over the weekend, dropping as low as $91,201 on Binance. The sell-off followed US President Donald Trump's announcement of new trade tariffs.
Ripple Labs has recently made waves in the cryptocurrency world by locking 700 million XRP tokens into escrow, a move that has captured the attention of traders and investors alike. This action, taken on February 2, 2025, comes amid a rough period for the cryptocurrency market, raising the question: what does this mean for XRP's price, and should investors be concerned?
Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, stated that a prolonged tariff war could have a substantial positive impact on Bitcoin over time.
Trading volumes on Korean exchanges Bithumb and Upbit have dropped significantly in the past week, indicating a drop in retail trading activity.
Bitcoin crypto market cap dominance spikes as Trump trade war fears take over, with altcoins seeing "capitulation wicks."
Bitcoin dropped below $100,000 for the first time since Jan. 27, despite closing January at a record high of $102,412.
Bitcoin fell below $100,000 on Sunday after President Trump announced new tariffs on imports from Canada, Mexico, and China, causing a sharp downturn in the cryptocurrency market.
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.
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 price of Bitcoin (BTC), after reaching record levels, is experiencing a period of high volatility.
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.