Cryptocurrency Market

  • Market Cap: $2,205,206,540,625.19
  • 24h Vol: $108,321,264,065.02
  • BTC Dominance: 55.97%

Market Updates

qcp-capital:-bitcoin-bounces-back-above-$60k-as-ethereum-struggles

QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles

QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp drop below $50,000 on Monday. In contrast, the firm highlights a significant liquidity shift in ethereum (ETH), raising concerns about its current market standing. QCP Capital Reports Bitcoin’s Resilience Amid Volatility; Ethereum Faces Liquidity […]

QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles Read More »

nft-sales-hit-$95.42m-with-ethereum-dominating,-but-market-participation-shrinks

NFT Sales Hit $95.42M With Ethereum Dominating, but Market Participation Shrinks

Between Aug. 3 and Aug. 10, 2024, non-fungible token (NFT) sales experienced a 6.29% increase from the previous week, hitting a total of $95.42 million. However, the number of participants in the NFT market saw a sharp decline, with buyers dropping by 86.34% and sellers by 77.25%. NFT Market Sees 6.29% Growth This past week,

NFT Sales Hit $95.42M With Ethereum Dominating, but Market Participation Shrinks Read More »

ton-climbs-10%-ahead-of-binance-listing

TON Climbs 10% Ahead of Binance Listing

The largest cryptocurrency exchange by trading volume, Binance, is set to introduce toncoin (TON) trading pairs on Aug. 8, leading to a more than 10% increase in TON’s value against the U.S. dollar. Currently, TON is trading within a range of $5.36 to $6.41 over the past day, making it the eighth largest crypto asset

TON Climbs 10% Ahead of Binance Listing Read More »

bitcoin-faces-‘mid-cycle-wipeout’-as-markets-plunge:-glassnode-report

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report

The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market dynamics. Glassnode Report: Bitcoin’s 32% Plunge Signals Mid-Cycle Market Low Glassnode‘s

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report Read More »

double-digit-crypto-losses-sweep-the-market—over-60-coins-in-freefall

Double-Digit Crypto Losses Sweep the Market—Over 60 Coins in Freefall

Presently, the cryptocurrency market is experiencing a significant downturn, with bitcoin dropping 24% this week and ethereum shedding 30% against the U.S. dollar. While these losses are notable, some digital currencies have fared even worse, with only a handful managing to buck the trend. Dozens of Crypto Coins See Percentage Losses, A Few Tumble 50%

Double-Digit Crypto Losses Sweep the Market—Over 60 Coins in Freefall Read More »

crypto-carnage:-$1.15b-in-leveraged-positions-annihilated-as-bitcoin-nosedives

Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives

As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in derivatives positions, with $975.93 million of these being long positions. Of that total, approximately $403.82 million came from BTC positions, while $364.98 million resulted from ETH positions being liquidated. Mass Liquidation Madness On Monday morning, the crypto market faced

Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives Read More »

bitcoin-surpasses-$60k-after-11-days:-price-boost-follows-trump-assassination-attempt

Bitcoin Surpasses $60K After 11 Days: Price Boost Follows Trump Assassination Attempt

The price of bitcoin climbed 2.7% over the past 24 hours, reaching an intraday peak of $60,423 per token. For over a week, BTC remained below the $60,000 mark. However, on Sunday morning at 4 a.m. EDT, it surpassed this threshold for the first time in 11 days. BTC Rises to $60,423, Marking 2.7% Increase

Bitcoin Surpasses $60K After 11 Days: Price Boost Follows Trump Assassination Attempt Read More »

bitcoin-dips-to-$56,952-as-market-reacts-to-mt-gox-and-german-btc-moves

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves

On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp, and Kraken. Bearish Sentiment Grows as Bitcoin Continues to Slide Bitcoin’s

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves Read More »

top-10-ton-chain-coins-reach-$20-billion-in-combined-value

Top 10 TON Chain Coins Reach $20 Billion in Combined Value

Over the past month, toncoin (TON) has appreciated by 18.4% against the U.S. dollar, achieving a new all-time high last week. Current data indicates that the top ten TON chain coins, including TON, have a combined value of more than $20 billion. Gaming and Meme Tokens Drive TON’s Market Growth to $20 Billion The Open

Top 10 TON Chain Coins Reach $20 Billion in Combined Value Read More »

nft-sales-plunge-21%-amid-broad-crypto-market-decline

NFT Sales Plunge 21% Amid Broad Crypto Market Decline

Global non-fungible token (NFT) sales experienced a decline this week, dropping 21% from the previous week. Across 21 unique blockchains, the total sales just surpassed the $100 million mark over the past seven days. Weekly NFT Sales Fall, Cryptopunks and Pudgy Penguins Surge NFT sales have significantly decreased this week, correlating with the broader downturn

NFT Sales Plunge 21% Amid Broad Crypto Market Decline Read More »