
Bitcoin Surges to $64,853 as Powell Hints at Rate Cuts
Bitcoin reached a peak of $64,853, driven by Federal Reserve Chair Jerome Powell’s hints at potential rate cuts, leading to a broader crypto market rally.
Bitcoin reached a peak of $64,853, driven by Federal Reserve Chair Jerome Powell’s hints at potential rate cuts, leading to a broader crypto market rally.
Bitcoin’s volatility has surpassed levels seen during its all-time high in March, with traders speculating this could signal the end of its consolidation phase and trigger a significant price movement.
Bitcoin and the broader cryptocurrency market experienced a significant downturn on Sunday, with BTC dropping below $59,000 and the total crypto market value declining by 3.18%. The dip triggered substantial liquidations in the derivatives market, totaling $132.49 million.
Solana-based meme coin dogwifhat (WIF) experiences a 20% price increase amid Bitcoin’s rebound to $57,000, reflecting broader market recovery and increased trading activity.
Dogecoin’s price has dropped below $0.10, experiencing a 5% decline in 24 hours, amid a broader cryptocurrency market downturn influenced by Bitcoin’s performance and economic uncertainties.
Major cryptocurrencies including Solana, Bitcoin, Ethereum, and BNB experience significant price drops, with Solana falling 7.8% in 24 hours amidst broader market downturn.
Former President Donald Trump suggests using Bitcoin to pay off the $35 trillion national debt and advocates for U.S. leadership in cryptocurrency, citing its intellectual prowess and growing prominence.
Bitcoin and Ethereum experienced significant drops, with BTC falling below $50,000 and ETH seeing its worst single-day decline since May 2021, amid global economic concerns and Middle East tensions.
Ethereum futures open interest hits a 19-month high amidst a 10% price correction, raising questions about market sentiment and future price movements.
Bitcoin and other cryptocurrencies tumbled as geopolitical risks escalated following the Federal Reserve meeting, with BTC falling below $65,000 amid reports of potential Iranian retaliation against Israel.