AI and big data tokens surge 131% amid Bitcoin rull run
AI and big data crypto projects rebound sharply, nearing all-time highs as investor confidence surges in the ongoing Bitcoin rally.This post was originally published on this site
Crypto market cap hits $3.1T high, could soon surpass France’s GDP
If the crypto market were a country, it would be the eighth largest in GDP terms behind the United States, China, Germany, Japan, India, the United Kingdom and France.This post was originally published on this site
Total crypto market sinks below $2T as analysts eye Bitcoin reversal below $54K
Analysts are eying a potential correction below $54,000 to $50,000, despite growing expectations of an interest rate cut in theThis post was originally published on this site
Bitcoin dips below $50K: Crypto market crashes 17%
BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, leading to a market cap of $1.76 trillion. This post was originally published on this site
Crypto Market Cap Drops 14.4% in Q2 2024, Report Shows
The total crypto market cap decreased by 14.4% in the second quarter this year, ending at $2.43 trillion, while the S&P 500 increased by 3.9%, according to the 2024 Q2 Crypto Industry Report by Coingecko. Bitcoin’s price fell by 11.9%, ranging from $58,000 to $72,000, with its mining hash rate dropping 18.8% after reaching an […]
Ripple CEO Expects Crypto Market Cap to Double This Year — ‘I’m Very Optimistic’
Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such as the spot bitcoin exchange-traded funds (ETFs), are driving “real institutional money” into the crypto space for the first time. Ripple’s CEO: Macro Factors Fuel […]
US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion have spread. Market strategists are further anticipating the U.S. central […]
Shanghai Reopens, How Do Markets React?
Shanghai, the financial heart of China, has formally ended its harsh two-month-long Covid lockdown in the first seconds of summer. The city of 25 million residents welcomes the end of isolation with fireworks, but the question keeps lingering, how long will it take for its economy to recover. And more importantly, how will the global […]