Bitcoin Slumps Below $95K as U.S. Inflation Rises Faster Than Expected
The latest U.S. Consumer Price Index (CPI) data came in hotter than expected, triggering sharp declines in both crypto and traditional markets. Headline inflation rose 0.5% in January, surpassing the anticipated 0.3%, while core CPI—which excludes food and energy—climbed 0.4% against a forecast of 0.3%. On a year-over-year basis, CPI
Solana DEX Volume Surpasses $60M, Extending Lead Over Ethereum
Solana has maintained its dominance in decentralized exchange (DEX) trading, extending a four-month winning streak over Ethereum. According to DeFiLlama, Solana-based DEXs have recorded over $60 million in trading volume this month, nearly doubling Ethereum’s $34 million. The surge in activity highlights Solana’s growing role in decentralized finance (DeFi), as
Bitcoin’s Chart Signals Point to a Potential Surge to $166K
Bitcoin has been under pressure this week as macroeconomic factors and geopolitical tensions weigh on investor sentiment. The crypto fear and greed index has slipped to the fear zone at 35, reflecting cautious market behavior. The key concerns include the ongoing trade tensions between the United States and China, with
Franklin Templeton Files for Crypto ETF on Cboe BZX Exchange
Franklin Templeton, a leading asset management firm, has officially submitted a filing to the U.S. Securities and Exchange Commission (SEC) for a multi-asset cryptocurrency exchange-traded fund (ETF). This move marks another significant step in the growing adoption of crypto ETFs in the financial market. Franklin Crypto Index ETF Overview The
Institutional Traders Still Wary of Crypto, But Interest Slowly Grows
Despite a more favourable regulatory environment, institutional traders remain cautious about crypto trading, according to JPMorgan’s latest e-trading survey. The survey, conducted in January 2025, revealed that 71% of institutional traders have no plans to trade crypto this year. This marks a slight improvement from last year when 78% of
Bitcoin-Gold Ratio Hits 12-Week Low as Gold Demand Surges
The Bitcoin-Gold ratio has dropped to its lowest level in 12 weeks, signaling a shift in investor sentiment. Gold’s surge to record highs comes as fears of a U.S.-China trade war push traders toward the precious metal. Meanwhile, Bitcoin (BTC) struggles to gain upside traction despite inflows into U.S.-listed spot
Crypto Market Surges and Dips as China Retaliates Against U.S. Tariffs
The crypto market saw a sharp surge followed by a quick dip as macroeconomic tensions weighed on investor sentiment. XRP, Dogecoin (DOGE), Solana (SOL), and Cardano (ADA) recorded gains of nearly 20% before retracing, while Bitcoin (BTC) and Ethereum (ETH) remain up by around 4%. The market initially benefited from
Crypto Markets Crash as U.S. Tariffs Trigger $2.2B Liquidations
The crypto markets suffered a severe downturn as a new wave of U.S. tariffs on Canada and Mexico sparked concerns of a global trade war. XRP, Dogecoin (DOGE), and Cardano (ADA) led the slump, each plunging over 25% and reversing all gains made since December. With market sentiment turning risk-averse,
Bitcoin Dominance Nears 62% as Altcoins Struggle – Highest Since 2021
Bitcoin’s market dominance has surged to nearly 62%, its highest level since February 2021. This shift signals a challenging period for altcoins, with many investors focusing on BTC amid uncertain macroeconomic conditions. Bitcoin Market Dominance Hits 62% As of February 3, Bitcoin’s dominance has climbed to 62%, reinforcing its position
Robert Kiyosaki Predicts Bitcoin Crash Amid Trump’s Tariff Policy
Bitcoin is navigating a turbulent phase, with the price hovering around $102,360, down 2%, as fears over Donald Trump’s tariff policies weigh on global markets. Robert Kiyosaki, the famed investor and author of Rich Dad Poor Dad, warns that Bitcoin, gold, and silver could witness a significant crash as these