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Bitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High
Bitcoin's market cap composes 52% of the total crypto market, its highest level since April 2021.
Grayscale Bitcoin Trust Shares Rally to a One-Year High, Discount Dips to 30%
Investors are betting that recent filings for spot BTC ETF improve the chances for Grayscale to convert its trust into an ETF and close the price gap, one observer said.
Bitcoin Cash Sees Largest Bets in 2 Years as BCH Doubles in a Week
Technical improvements and a listing on EDX Markets have likely fueled trading interest in bitcoin cash tokens.
Bitcoin Cash Price Jumps to One-Year High Fueled by Spiking Social Interest, Exchange Support
With today’s 17% gain, BCH has now more than doubled in the week since it was listed on EDX Markets, a new crypto exchange backed by financial heavyweights.
Pepecoin Becomes Biggest Meme Coin Gainer With 70% Weekly Jump
The tokens racked up $800 million in trading volumes over the past 24 hours, data shows.
Bitcoin's Price Bump to $30K Sees Short Traders Nurse Biggest Loss in 2 Months
“Bitcoin’s rally is part of a larger trend signaling a shift towards bitcoin as a distinctly strong and established store of value,” one investor said.
Cardano, Ether Surge as Bitcoin-Led Rally Sees Short Traders Lose $125M
Crypto market capitalization rose 5% likely as sentiment rose on the back of two institutional bitcoin plays in the past week.
GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.
Japan’s Crypto Exchanges Push for 10 Times Leverage on Margin Trading: Bloomberg
The push for revised margin trading caps aims to attract diverse traders, including institutional investors, while enhancing market liquidity.
XRP, ADA Lead Declines in Major Cryptocurrencies as Bitcoin Drops Below $25K
Losses on major tokens extended to over 7.4% in the past 24 hours, data shows.
