Crypto assets faced another rough day as bitcoin (BTC) slipped below the $ 97,000 mark, dragging several altcoins deeper into the red. Dogecoin (DOGE) lost over 4% against the U.S. dollar, while solana (SOL) declined by 2.75%. Crypto Economy Faces Another Blow Although global trade volume surged by 51% compared to Monday, the overall …
Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs
On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling 3.6% in the past 24 hours. Meanwhile, gold enjoyed a nearly 1% gain, climbing back above the $ 2,500 per ounce mark. Recession Fears …
Weekly Crypto Roundup: Beldex Tops Gainers, Celsius Token Sinks 44%
On Monday, July 8, the global cryptocurrency market capitalization hovered around $ 2.11 trillion, reflecting a 0.42% increase over the past day. Although there was a modest uptick at the beginning of the week, only a few crypto assets recorded gains during this period. The top performer for the week was beldex (BDX), which …
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 …
Latam Insights: Argentina Announces National Digital Currency While Peso Sinks, Volcano Energy Launches Lava Pool
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Argentine government announces a national digital currency project, Volcano Energy launches Lava Pool, the first Salvadoran Bitcoin mining pool, and a resolution that allows investment funds to invest in cryptocurrency comes into […]