
Bitcoin Under Pressure as Focus Shifts on Wild Crypto Rivals
The BTC/USD exchange rate corrected sharply after hitting its record high of $42,000 on Tuesday, pointing to a spike in profit-taking sentiment.
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XRP was among the biggest gainers in the cryptocurrency market on Tuesday, even as most of its top rivals, including Bitcoin, experienced major sell-offs. The Ripple blockchain’s native token surged up to 19.46 percent to an intraday high of $0.52 during the Asia-Pacific session. While it failed to extend its upside bias any further, leading […]
Yearn.finance’s YFI token has been facing some intense selling pressure today as the focus shifts back to Bitcoin. YFI and other blue-chip DeFi tokens have posted some massive gains throughout the past few days, with the Yearn ecosystem’s token rallying from lows of $7,500 to highs of $18,000 over the course of an hour. Other […]
Enterprise blockchain technology has been underwhelming but financial institutions are investing heavily in digital assets, a new analysis shows.
Bitcoin has switched its short-term market bias from bullish to bearish in the last two weeks.
Bitcoin (BTC) is trading below key support levels after massive selling pressure hit the market, fueling fear and uncertainty among investors. Since the start of March, BTC has lost over 19% of its value, triggering concerns that further downside may be ahead. The broader crypto market and U.S. stock market have both suffered as global […]