Bitcoin surges to all-time peak as crypto sentiment improves

[ad_1] Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month’s tariff-induced selloff. The world’s largest cryptocurrency touched a high of $109,760.08, and was last up 1.1% at $108,117. Its ascent was driven by a combination of factors including easing […]

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Cryptoverse: Bleeding bitcoin’s holding out for a hero

[ad_1] The world’s biggest cryptocurrency can’t seem to catch a break. It finally looked to be regaining strength this month, breaching $25,000 for the first time since its June collapse, only to relapse towards $20,000. A deflating end to August has forced the market to confront the Big Bitcoin Question: where will a real rally […]

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Crypto exchanges hunker down as everything goes wrong in India

[ad_1] India’s largest digital assets exchanges are bracing for a drawn-out crypto winter — one with some unwelcome local twists. With token prices plummeting, customers unable to transfer money to their accounts and a dreaded transaction tax on cryptocurrencies just around the corner, exchanges like Binance-backed WazirX have put expansion plans on the back burner. […]

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El Salvador’s President says ‘enjoy life’ as Bitcoin falls

[ad_1] El Salvador’s Nayib Bukele told his Twitter followers to be patient, even as the country’s Bitcoin investments fall by more than 50% in value El Salvador’s Nayib Bukele told his Twitter followers to be patient, even as the country’s Bitcoin investments fall by more than 50% in value On Sunday, Bitcoin fell below the […]

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Bitcoin drops below $20,000 to lowest since December 2020

[ad_1] Bitcoin dropped below $20,000 on Saturday to its lowest level in 18 months, extending its slide as investors pull back from riskier assets amid rising interest rates. The biggest cryptocurrency was down 7.1% to $18,993 at 0906 GMT, having earlier touched $18,732, its lowest since December 2020. It is down about 59% this year, […]

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Cryptocurrency market value slumps under $1 trillion

[ad_1] The value of the cryptocurrency market on Monday fell below $1 trillion for the first time since January 2021, according to data site CoinMarketCap, reaching as low as $926 billion. The global cryptocurrency market peaked at $2.9 trillion in November 2021, but it has faltered so far this year. It has lost $1 trillion […]

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Bitcoin eyes record losing streak as ‘stablecoin’ collapse crushes crypto

[ad_1] Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets. Crypto assets have also been swept up in broad selling of risky investments on worries about high inflation and rising interest rates. Sentiment is particularly […]

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