Market analysis reveals ongoing stability challenges for the stablecoin trueusd in maintaining its targeted $ 1 peg. As of 10:30 a.m. Eastern Time (ET) on Jan. 25, 2024, the token’s trading value fluctuated between $ 0.979 and $ 0.981. Concurrently, the Aave-developed stablecoin GHO has seen a rise to the $ …
Bitcoin Sinks Below $39,000 as Market Pressure Intensifies
Over the past day, bitcoin’s value has experienced further decline, now plummeting below the $ 39K mark as ongoing bearish trends exert downward pressure. Following its dip under the $ 40K barrier on Monday, the leading crypto asset further depreciated by 5.3% relative to the U.S. dollar within the last 24 hours. From …
Bitcoin Plummets Below $40K for First Time in 48 Days, Triggering Market-Wide Crypto Slide
TUSD’s Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance’s Dominant Hold
Record $2.3B in Bitcoin ETF Trades as BTC Rockets to $49K, Then Plummets Below $46K
At 11 a.m. Eastern Time (ET) on Jan. 11, 2024, the newly launched spot bitcoin exchange-traded funds (ETFs) boasted a remarkable trading volume of $ 2.3 billion. However, in a dramatic turn of events later that afternoon, bitcoin’s spot markets experienced a steep decline, with prices falling below the $ 46,000 mark following …