Markets


Markets

Why Is the Crypto Market Down Today and How Traders are Playing BTC, XRP, SOL Dip

From bitcoin as a capital preservation tool to some targeting a move toward the $70,000 level, here’s how traders are reacting to U.S. tariffs.

U.S. President Donald Trump speaks at the Digital Asset Summit in New York City. (Nikhilesh De)

Markets

U.S. Recession Odds Surge in Prediction Markets on Tariff Shock. What Next for BTC?

Traders on Polymarket and Kalshi are pricing in an over-50% chance of a U.S. recession this year.

U.S. recession in 2025? (Polymarket)

Markets

XRP Nears Topping Pattern That Could Lead to a Downtrend, Establishing $1.07 as Support: Technical Analysis

A breakdown of the topping pattern could potentially halve prices to $1.07.

XRP bears chalk out a H&S pattern. (Unsplash, mana5280)

Markets

Bitcoin Nears Death Cross, Yuan Tumbles With Asian Markets After Trump Tariffs Put Focus on China's Response

Asian equities and U.S. stock futures have declined, while bitcoin is nearing a bearish technical pattern amid escalating trade tensions.

U.S. President Donald Trump speaks at the Digital Asset Summit in New York City. (Nikhilesh De)

Markets

Sentiment Shift in Bitcoin as $80K Put Emerges as Most Popular Bet

BTC put bias is strongest since the U.S. regional banking crisis of early 2023, according to one observer.

Deribit BTC options: Distribution of open interest. (Amberdata/Deribit)

Markets

Goldman Sees Yen Rising to Low 140s as Bitcoin Echoes Tech Stock Weakness

Goldman Sachs recommends the yen as a hedge against U.S. recession risks, citing its historical strength in risk-off environments.

Goldman cites Japanese yen as top hedge against U.S. tariffs, recession. (happylism/Pixabay)

Markets

Bitcoin Put Option Trade With $1M Premium Highlights Concern Over Declining BTC Price

Puts trade pricier than calls out to the May-end expiry reflecting concerns of a price drop.

The Q1 ended with a notable bearish BTC block options bet. (jarmoluk/Pixabay)

Markets

Ether-Bitcoin Ratio Slumps to 5-Year Low as Traders Seek Less Risky Assets: Van Straten

Ether has underperformed bitcoin since last year's reward halving. The first time that's happened.

CoinDesk

Finance

Sei Foundation Explores Buying 23andMe to Put Genetic Data on Blockchain

If the acquisition proceeds, the foundation plans to integrate 23andMe's data onto its blockchain and give users ownership of their genetic data.

23andMe advertisement (John Murphy/Flickr)

Markets

GameStop Tumbles 25% Following Bitcoin Convertible Bond Plan. What's Happening?

The sell-off might have to do with the convertible note pricing, while some speculated that it's a sign of investor disapproval of the bitcoin acquisition plans.

(John Smith/VIEWpress)

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