Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.
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 CointelegraphRelated market context
Near $65K, Bitcoin’s 2 year social media drop off is hiding a $4.3 billion whale exit and a new class of buyers
Crypto discussion across X, Reddit, Telegram, and other major social channels has fallen to its second-lowest daily level since Oc...
Chainlink Integrates U.S. Department of Commerce Data For Macro Oracle Feeds
Chainlink Integrates U.S. Department of Commerce Data For Macro Oracle Feeds is the kind of story that can look simple at first gl...
Kraken Pro Launches API Partner Program Supporting Specialized Integrations
The market has had plenty to digest this week, so not every headline deserves the same treatment. This one does, because kraken pr...
US-UK Stablecoin Push Targets Trillions as New Tokenization Framework Reshapes Finance
Key Takeaways: The U.S. and UK jointly sent recommendations to boost the cross-border digital asset and capital markets. Both gove...
Bitcoin Reclaims $65,000 As Cooler CPI Gives Risk Assets Room To Breathe
The market has had plenty to digest this week, so not every headline deserves the same treatment. This one does, because bitcoin r...
Bitcoin Price Jumps Over $65,500 on Soft Inflation Data
Bitcoin Magazine Bitcoin Price Jumps Over $65,500 on Soft Inflation Data The Bitcoin price jumped over $65,500 on Wednesday after...