Bitcoin Slides Towards $27K, Down 9% Over the Week
Macroeconomic fears and the Fed’s hawkishness caused Bitcoin’s price to drop significantly over the past week.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Ethereum (ETH) Price Prediction: ETH Slips Towards $1,746 as Bulls Eye $1,800 Breakout and OBV Confirmation
Ethereum is currently trading around $1,746 following a mild pullback over the past 24 hours. The asset has slipped roughly 1.56%...
BlackRock’s BUIDL fund on Avalanche doubles to $900M AUM in a week
The rapid growth in tokenized assets on Avalanche signals a shift towards blockchain-based financial products, potentially impacti...
Trump declares Iran ceasefire over, warns of retaliation as Bitcoin slides more than 3%
Geopolitical tensions highlight crypto's vulnerability to global events, underscoring the need for investors to monitor macroecono...
Solana deposits on AAVE v4 double in past month, boosting DeFi interest
The surge in Solana deposits on Aave v4 signals a strategic shift in DeFi dynamics, potentially enhancing Solana's competitive edg...
IBIT Bitcoin ETF sees $292M inflow, reversing 8-week outflow streak
The renewed institutional interest in Bitcoin could signal a potential shift in market dynamics, influencing future investment str...
Bitcoin and Ether ETFs Snap Eight-Week Outflow Streaks with $281.8 Million Combined Inflows
U.S. spot bitcoin and ether ETFs ended eight-week outflow streaks with $281.8 million in combined inflows for the week ending July...