Cryptocurrencies declined for the second consecutive session in midday trading on Tuesday, February 24th, after a two-week period of stability. This decline comes amidst a decrease in risk appetite in the markets following US President Donald Trump's announcement that he would raise global tariffs to 15%, further increasing market uncertainty since the beginning of the week. The decline in cryptocurrencies...
Cryptocurrencies resumed their decline at the start of trading on Monday, February 9th, continuing the sharp sell-off that began last week before rebounding towards the end of Friday. Bitcoin recovered to the $70,000 level after hitting its lowest point since October 2024 at $59,000, rebounding 10%. However, the decline resumed at the start of the week, with expectations that the...
Cryptocurrencies traded higher in midday trading on Wednesday, January 14th, with Bitcoin reclaiming the $95,000 level for the first time since [date missing]. This surge was fueled by slowing inflation in the United States in December, heightened political uncertainty, the ongoing conflict between the US president and the Federal Reserve chairman, and increased institutional demand for cryptocurrencies, coinciding with a...
Cryptocurrencies resumed their decline in mid-session trading on Monday, December 1st, after last week's gains. A clear decrease in risk appetite and a reluctance to invest in risky assets triggered a new wave of selling. The combined market capitalization of cryptocurrencies, which includes more than 17,000 cryptocurrencies, fell by approximately 4.9% on Monday, according to CoinGlass. The market capitalization traded...
Cryptocurrencies continued their decline for the third consecutive session on Friday, November 21st, amid ongoing sell-offs and a continued drop in market capitalization. This decline coincided with a decrease in risk appetite in global markets, from stocks to cryptocurrencies. The cryptocurrency fear and greed index rose to 11 points, its lowest reading since April. Global financial markets have been...
Cryptocurrencies experienced near-universal declines in midday trading on Tuesday, November 18th, marking their sixth consecutive session of losses. This coincided with a decrease in risk appetite across markets and a decline in global stocks amid concerns about a slowdown in the technology and artificial intelligence sectors. Market expectations for a Federal Reserve interest rate cut in December have also diminished....
Cryptocurrencies traded higher in midday trading on Monday, November 10th, the opening session of the week, after a series of declines last week. This surge was fueled by increased risk appetite in the markets, driven by optimism surrounding the end of the government shutdown. Bitcoin recovered to levels above $105,000, while Ripple led the gains with increases exceeding 11%. US...
Cryptocurrencies declined in midday trading on Tuesday, November 4th, marking their second consecutive session of losses. This decline coincided with a wave of profit-taking and a continued drop in market capitalization, with altcoins leading the losses. Institutional demand slowed, with the pace of new coin issuance decreasing for the first time in seven months. Reports indicated that approximately $1.27 billion...
Cryptocurrencies are trading higher in mid-trading on Monday, October 13, following a sharp sell-off in cryptocurrency markets at the end of last week's trading. Most currencies fell by more than 10% following US President Donald Trump's announcement of additional tariffs on China, heightening uncertainty in the markets. Markets recovered early this week and largely recouped these losses, coinciding with a...
Cryptocurrencies are trading higher in mid-trading on Monday, September 29, following a violent sell-off in cryptocurrency markets last week, led by Ethereum, which fell more than 12% in its largest weekly decline since May before recovering slightly at the beginning of the week. Bitcoin is trading above $112,000. A sudden liquidation of approximately $1.5 billion in leveraged long positions mid-last...