The crypto market enjoyed a much-needed boost on Tuesday evening after U.S. president Donald Trump announced a two-week ceasefire in Iran. Bitcoin BTC$71,640.51 spiked to around $72,700 after settling in the $71,800 region, ether (ETH), meanwhile, is changing hands at $2,250 after posting a 6% gain in the past 24 hours. The market remains trapped…
The crypto market, U.S. equities and precious metals all tumbled on Tuesday as the dollar index (DXY) rose by 0.5% since midnight UTC to its highest level since Jan. 19. The risk-off sentiment comes after escalation in the conflict in Iran, with Israel launching fresh strikes on Tehran and Beirut while the U.S. embassy in…
The crypto market compounded a negative week with a continued drawdown on Friday. Bitcoin BTC$100,108.89 dropped to $100,600 and ether ETH$3,239.55 is languishing as $3,270. The move appears to be in line with the wider crypto market trend of late, which has seen BTC lose 18% of its value over the past 30 days. Both…
Cryptocurrencies struggled to mirror bullish moves in equities and precious metals on Wednesday, with BTC posting a modest gain while trading at $112,000, the lower side of its range. Altcoins performed even worse as FET dropped by 6.2% after Ocean Protocol decided to leave the ASI Alliance and reportedly offload its tokens on Binance. There…