Bitcoin reverses higher after Fed meeting, reclaiming $65,000

Bitcoin reversed higher on Wednesday as investors took a pause from the recent pullback and weighed the Federal Reserve’s latest policy decision. The price of the flagship cryptocurrency was last higher by 1% at $65,381.29, according to Coin Metrics. Earlier in the day, it fell as low as $60,793.60. Cryptocurrencies cut earlier losses at the … Read more

Bitcoin briefly slumps below $63,000 after hitting $73,000 last week

Bitcoin extended its slide on Tuesday, dropping more than $10,000 from its all-time high last week. The flagship cryptocurrency was last lower by 4% at $64,061.09, according to Coin Metrics. Earlier it fell to as low as $62,320.30, after reaching a record of $73,679 last week. “As ETFs buy up available supply of bitcoins on … Read more

Solana surges amid altcoin rally, nearly triples its price over the past month

The logo of cryptocurrency platform Solana. Jakub Porzycki | NurPhoto via | Getty Images The price of the Solana token jumped Wednesday amid an ongoing rally in altcoins and bullish remarks on the token from famed tech investor Cathie Wood. Solana was last higher by nearly 10% at $61.36. Earlier in the day it climbed … Read more

Bitcoin tops $30,000 on ETF optimism and flight to safety, heads for winning week

Bitcoin extended its weekly gains on Friday, briefly topping $30,000 at one point for the second time this week, as confidence a spot bitcoin ETF will soon be greenlit grew and crypto investors continued weighing uncertainty in the U.S. and abroad. The price of the flagship cryptocurrency was last higher by 2.4% on Friday at … Read more

JPMorgan Chase UK shouldn’t ‘deplatform’ crypto industry

Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Coinbase CEO Brian Armstrong is unhappy with JPMorgan Chase’s decision to block crypto-related transactions at its U.K. digital banking subsidiary, Chase UK. Chase UK earlier … Read more

Bitcoin breaks under $26,000, posts worst week since Might

A worsening macroeconomic local weather and the collapse of business giants resembling FTX and Terra have weighed on bitcoin’s worth this 12 months. STR | Nurphoto through Getty Pictures Cryptocurrency costs remained below strain to finish the week. Bitcoin ended the day decrease by about 6% at $26,038.41, based on Coin Metrics. It wavered over … Read more

Bitcoin nears 2-month low after Fed minutes dial up inflation fear

Cryptocurrencies have been underneath strain Thursday as buyers grappled with renewed considerations concerning the U.S. economic system. Bitcoin was final decrease by about 4% at $27,901.60, in accordance with Coin Metrics. The slide started after the minutes of the Federal Reserve’s July coverage assembly have been launched Wednesday. The minutes cautioned that Fed officers see … Read more

Bitcoin rises from a two-week buying and selling lull as Moody’s downgrade hits U.S. banking sector

Cryptocurrencies rose broadly on Tuesday in opposition with the inventory market after the scores company Moody’s put the U.S. banking sector on watch. Bitcoin superior about 2.5% and was final buying and selling at $29,785.88, based on Coin Metrics. The worth of the flagship cryptocurrency failed to maneuver greater than 1% in both path for … Read more