Bitcoin’s price exhibited a tempestuous performance on Monday, as the leading cryptocurrency plunged from approximately $ 94,000 to under $ 90,000 by 9:35 a.m. EDT. Following this descent, BTC demonstrated a partial recovery, ascending to hover within the $ 92,300 to $ 93,000 bracket. From $ 94K to $ …
BNY Mellon is working closely with regulators to offer large-scale crypto custody services. Coinshares reported $ 321 million in digital asset inflows, driven by the Fed’s 50bps interest rate cut. Robert Kiyosaki predicts Bitcoin could reach $ 500K by 2025 and $ 1M by 2030, citing global financial instability risks highlighted in …
Digital asset investment products recorded inflows of $ 321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps). Coinshares: U.S. Leads Digital Asset Inflows …
On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed by 2% in July, aligning perfectly with market expectations. During the day, gold hit a low of $ 2,495, but it later bounced back, …
Bitcoin’s price hit $ 61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $ 60,000 mark. The crypto market mirrored the upward movement seen in the S&P 500 and Nasdaq, which both rallied just before the closing bell. This newfound optimism is largely being …