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TL;DR XRP's market cap plunges: Lost over $20B—dropping from $121.81B to $100.28B in just 24 hours as trade volume nearly quadrupled. Regulatory fog fuels panic: SEC's continued silence over the Ripple case stokes uncertainty and deepens bearish sentiment. Bearish technical patterns form: A head-and-shoulders setup suggests the potential for further declines, possibly down to $1.30.
TL;DR Tether is exploring the possibility of launching a U.S.-exclusive stablecoin if the new regulations proposed by the Trump administration turn out to be favorable. Although it currently does not serve U.S. customers, the company already works closely with agencies like the FBI and the Department of Justice.
The Bitcoin market continues to see a lot of massive support near the $75,000 level on Monday, as we plunged toward that area, and it now looks like we are trying to recover from it. Remember though, it is unlikely to be very bullish until the rest of the markets
Michael Saylor's firm Strategy, the world's largest publicly listed corporate holder of Bitcoin, did not add to its BTC holdings last week as the cryptocurrency's price dipped below $87,000.In a filing with the US Securities and Exchange Commission on April 7, Strategy announced it made no Bitcoin (BTC) purchases during the week of March 31 to April 6. The decision followed a week of heightened market volatility, with BTC surging to as high as $87,000 on April 2 after starting the week at around $82,000, according to data from CoinGecko.
Bitcoin is trading at $77,346 with a market capitalization of $1.53 trillion, as it battles persistent bearish momentum across multiple timeframes. Over the last 24 hours, bitcoin has traded between $74,604 and $82,859 on $75.43 billion in volume, suggesting volatility amid downward pressure.
Bitcoin, often regarded as a safe haven against the volatility of traditional markets, finds itself this week caught in a global storm fueled by trade tensions between the United States and the rest of the world. Following a series of economic shocks, some analysts do not hesitate to compare the current situation to a Black Monday 2.0.
The price of the meme coin tanked to its lowest mark in over a year.
An Ethereum ETH holder lost a large amount of funds after a price drop triggered an automatic liquidation on the lending platform Sky.
An Ethereum whale has taken a massive financial hit, losing over $100 million after the cryptocurrency's price plunged by 14% on April 6.
Gate.io explained how centralized exchanges are balancing safety and speed in order to list new projects in time for early adopters.
The guidance aims to create a safer and more transparent environment for virtual asset transactions. It also seeks to expand the range of services available in Hong Kong's rapidly growing digital economy.
Will high bear pressure put overleveraged longs at risk of cascading liquidations?
The value of the leading altcoin, Ethereum, has plunged to its lowest point since March 2023, signaling a steep decline in market confidence. This has happened amid the broader market's downturn, which was exacerbated by Donald Trump's Liberation Day.
Although the price of XRP fell by a startling 7% today, the asset's fundamental strength has been steadily increasing, which could pave the way for a long-term recovery. On-chain data points to a hidden utility surge that might act as a powerful counterbalance to the market's bearish price action despite the fact that market sentiment has recently declined.
Blockchain and AI step into the spotlight, not merely as buzzwords but as strategic lifelines amid disruptive global tariff shifts.
The crypto market's downturn, exacerbated by global tariff concerns, highlights its vulnerability to geopolitical tensions and economic policies. The post Bitcoin struggles below $77K, Ether, XRP, and Solana deepen declines ahead of US market opening appeared first on Crypto Briefing.
Ethereum has faced a sharp decline, breaking below multiple key support levels. Market sentiment remains bearish, with further corrective consolidations likely to precede deeper declines.
The U.S. Securities and Exchange Commission (SEC) is taking a fresh look at how it handles cryptocurrency regulations.
Welcome to the US Morning Crypto Briefing—your essential rundown of the most important developments in crypto for the day ahead.
The crypto market is feeling the heat as Bitcoin and Ethereum extend their losses, following a sharp decline in Asian stock markets.
Market-wide havoc is trashing Ripple coin's major support levels: XRP bulls were caught off guard on black Monday?
Public companies are grappling with mounting losses from their Bitcoin (BTC) reserve strategies as the cryptocurrency's value plunges.
The price of Solana (SOL) has held above the $110 support at the bottom of the chart.
Bitcoin ETFs ended their two-week winning streak with a $173 million outflow. Ether ETFs remained under pressure, closing the week with nearly $50 million in net outflows, marking their sixth straight week in the red.
