Tag: Cryptocurrencies

Bitcoin price decline: BTC slipped below $100,000 to around $95,400, marking the third dip this month. Liquidations surge: Over $500 million in crypto positions liquidated in the past 24 hours, mostly long bets. Market drivers: Fading Fed rate cut odds, data delays from government shutdown, and increased selling from long-term holders. Bitcoin has dipped below the $100,000 mark for the third time in November, trading as low...

Bitcoin dropped 3% in the past 24 hours, trading at approximately$103,222. Uncertainty over the Federal Reserve’s December interest rate cut has increased, with odds now at 66.9%. Traders are focused on the upcoming October CPI report, which could influence risk appetite and crypto prices. Bitcoin has extended its recent decline, slipping below $103,000 on Tuesday as investors grapple with fading expectations for a...

Bitcoin recovery: The leading cryptocurrency rebounded to near $106,000 after an initial dip, driven by optimism over a potential resolution to the 39-day U.S. government shutdown. Liquidity potential: Ending the shutdown could release $150-200 billion from the Treasury General Account, boosting bank reserves and risk assets like crypto. Regulatory risks: A prolonged stalemate may stall key legislation, including the CLARITY Act...