Tag: Market volatility
Bitcoin Price Surges 12% as Gold Declines – Market Shift Detected
Bitcoin's price surged by 12% as gold declined, marking the biggest single-day rise in the BTC/Gold ratio since February 2022. This shift in the market suggests a potential rotation of money from gold to...
Bitcoin Price Analysis: First Mover Americas Holds Below $75K Pre U.S. Rate Cut
Bitcoin's price is currently trading at around $75,000, which is slightly lower than its recent all-time high of nearly $76,500. This slight dip comes ahead of the upcoming interest-rate cuts by the Federal Reserve,...
D.O.G.E Memecoin Surges 100% with Elon Musk’s Trump Connection
A parody cryptocurrency named D.O.G.E memecoin has seen a significant 100% surge in value over the past 24 hours, leading to an increase in trading volumes and demand. This surge can be attributed to...
Bitcoin Hits Record High Post-Election: Ether and Solana Surge Before FOMC
Bitcoin has reached a new all-time high, showing strong performance after Donald Trump's victory in the U.S. presidential election. The cryptocurrency is currently up 2.3% in the last 24 hours, trading at $76,600, driven...
UNI Price Update: CoinDesk 20 Reports 8.6% Drop in UNI Performance
UNI Price Update: CoinDesk 20 has reported an 8.6% drop in UNI performance. It is important to highlight that CoinDesk, an esteemed media outlet that focuses on the cryptocurrency industry, has recently updated its...
Binance Research Warns Memecoins Pose Risk Amid Fundamental Innovation Frenzy
Binance Research recently released a report raising concerns about the risks associated with memecoins in the current market. The report highlighted that a staggering 97% of these tokens have either failed or become inactive...
BTC Price Impact: First Mover Americas Sees Market Dip
Bitcoin's price took a hit, dropping below $67,000 and causing a ripple effect across the cryptocurrency market. In the last 24 hours, BTC fell by 1.3% to under $66,500, leading to a 1.5% decrease...
Bitcoin ETFs Experience $79 Million Outflow After 7-Day $2.6 Billion Inflow Streak
Bitcoin ETFs saw a significant change in investor sentiment on Oct. 22, 2024, as they experienced a net outflow of $79.1 million after a seven-day streak of inflows totaling $2.6 billion. This marked a...
Scroll’s SCR Token Market Cap Reaches $212M Amid Volatile Trading
Scroll's native governance token, SCR, made a splash in the market with a market cap of $212 million and a fully diluted value of $1.1 billion. Despite an initial trading price of $1.40, the...
Paul Tudor Jones Bets Big on Bitcoin and Gold for Hedge Against Inflation
Billionaire hedge fund manager Paul Tudor Jones II recently shared his investment strategy, revealing that he is heavily invested in both gold and Bitcoin. Jones explained that he believes inflation is inevitable, regardless of...