On Thursday, bitcoin, the leading cryptocurrency, descended to an intraday low of $ 91,215, reflecting a decline exceeding 3% against the U.S. dollar. The collective valuation of the crypto economy contracted by 2.5% in the past 24 hours, settling at $ 3.22 trillion. Bitcoin Battles to Stay Afloat as Market Faces South Korean …
This Week’s Crypto Highlights: Baby Doge Coin Jumps, Rocket Pool Tumbles
Over the last seven days, bitcoin (BTC) has seen a 3.6% increase, while ethereum (ETH) slipped by 1.9%. During this period, several other digital assets experienced both stronger and weaker performances compared to these two giants. The meme token baby doge coin (BABYDOGE) leaped by 102%, and nervos network (CKB) saw a rise of 88.99%. […]
Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar
This week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States. Japanese Yen’s Rapid Decline Triggers Talk of Market Intervention The yen’s sharp drop to 158.283 per dollar signals a substantial downturn for the currency. This […]
Cleanspark’s Stock Tumbles 10% After Plans to Sell $800 Million in Shares
Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $ 800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $ 4.2 billion market capitalization. The adjustment from an initial $ 500 million to $ …
$20 Million in Bitcoin Long Positions Liquidated as Price Tumbles From Intraday High
The price of bitcoin saw a significant fluctuation after remaining fairly consolidated over the past two days. After bulls managed to see bitcoin’s price rise to $ 71,754, the value dropped to a low of $ 68,557 per unit shortly after reaching the daily high. Liquidations Rise Following Bitcoin Price Drop Over the …