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Both traditional assets and the leading cryptocurrency seem to be trading mostly sideways in the midst of economic uncertainty as the world’s two largest economies duke it out. BTC Stalls Amid Escalating U.S.-China Trade Tensions After President Donald Trump slapped a 104% tariff on China, what one analyst characterized as “doubling down on dumb,” the … Read more
On Wednesday, as President Donald Trump’s tariffs officially went into effect, long-term bond yields began charting a steady climb toward historic peaks. Recent figures reveal that the yield on the U.S. 30-year Treasury note experienced its most significant weekly rise since 1981. Basis Trade Dysfunction Sends Shockwaves Through Markets Trump’s trade conflict has unsettled financial … Read more
On Wednesday, the total valuation of the global crypto market declined by nearly 5%, settling at $2.42 trillion. Bitcoin, the dominant digital asset, slipped to a low of $74,588 per coin on Tuesday and is now hovering slightly above the $76,000 threshold. Bitcoin Loses Ground; Gold Quietly Climbs Past $3K Over the past 24 hours, … Read more
Bitcoin ETFs suffered a steep $326 million outflow on Tuesday, April 8, led by a massive withdrawal from Blackrock’s IBIT. Ether ETFs didn’t fare much better, posting a $3.29 million exit from Fidelity’s FETH. Blackrock’s IBIT Leads $326 Million Bitcoin ETF Exit, Ether ETFs Also Slip Bitcoin exchange-traded funds (ETFs) are deep in outflow territory, … Read more
Arthur Hayes is calling it: China’s yuan devaluation is setting the stage for a tidal wave of capital to rocket into bitcoin and ignite a historic bull run. Arthur Hayes: Chinese Capital Flight May Flood Into Bitcoin as Yuan Slides Arthur Hayes, co-founder and former CEO of crypto derivatives exchange Bitmex and now head of … Read more
The early uptick in both equities and digital assets lost steam by Tuesday afternoon, as multiple key U.S. indices drifted into the red. Later in the day, the White House affirmed that the tariff rate on Chinese imports would climb to 104%. Stocks Meander, Crypto Dips as U.S.-China Trade Conflict Escalates By 2 p.m. on … Read more
The leading digital asset traded as high as $80K on Tuesday morning before retreating below $77K as traditional markets saw some reprieve. Bitcoin Slides as Major Stock Indices Post Gains The three major stock indices all posted gains on Tuesday, causing bitcoin to reclaim $80K, during early trading, but the cryptocurrency had already slid under … Read more
On Tuesday, XRP is currently priced at $1.86 to $1.90, with a total market capitalization of $110.90 billion and a 24-hour global trading volume of $5.579 billion. The cryptocurrency’s intraday trading range has fluctuated between $1.83 and $1.97, positioning it 43.9% below its all-time high of $3.40. XRP On the one-hour chart, XRP is demonstrating … Read more
Bitcoin ETFs kicked off the week deep in the red, logging a $109 million outflow and extending the bleed to a third straight trading day. Meanwhile, Ether ETFs recorded no activity, marking a rare day of total trading silence. Bitcoin ETF Outflows Stretch to Day Three as Ether Funds Go Silent The new week began … Read more
On Monday, ethereum’s value plummeted to its lowest point since March 2023, slipping to $1,409 per token. The past month has proven particularly challenging for the cryptocurrency sector’s second-largest asset by market capitalization, which has contracted by 29.6% over the preceding 30-day period. Ethereum’s BTC Ratio Hits 2020 Low At press time, the broader cryptocurrency … Read more
