Market Updates

Bitcoin’s price plunged by over 3% to a monthly low of $85,300 as U.S. markets opened, dragging down the entire crypto market. Investors are now awaiting the U.S. jobs report for potential market direction.

A sudden, sharp correction in the late afternoon sent shockwaves through the crypto market, with Bitcoin dropping over 2% in an hour. The downturn, triggered by a $200 million liquidation wave, has pushed the Crypto Fear & Greed Index to ’extreme fear’ levels.

Bitcoin took a hit on Sunday, its worst since April, but has recovered overnight. Ethereum is holding steady while other altcoins see modest losses.

After a sharp drop below $90,000, Bitcoin has staged a strong recovery, reclaiming lost ground. The broader market followed, with Solana leading the altcoin gains, rising nearly 7%.

The crypto market is mostly red, with Bitcoin dropping towards $90,000. Altcoins are suffering larger losses, led by a 10% plunge in Cardano, following a ‘hawkish’ rate cut from the Federal Reserve.

Bitcoin fell 5% following the Federal Reserve’s rate cut, with the broader crypto market also in the red, even as the Fed announced balance sheet expansion.

The crypto market is cautiously awaiting the U.S. Federal Reserve’s interest rate decision and Chair Jerome Powell’s speech, with Bitcoin holding steady around $92,000.

The crypto market is holding steady ahead of the U.S. Federal Reserve’s key interest rate decision. Bitcoin and Ethereum are posting modest gains as investors anticipate a potential rate cut, which could drive more capital into riskier assets.

Bitcoin experiences sharp volatility with double rejections, leading to market-wide losses, while Zcash surges 15%. Key US labor market data due today could influence Fed rate expectations.

The crypto market shows a cautious recovery with Bitcoin and Ethereum in the green. Key developments from the US and institutional players, including Fed bond purchases and Ethereum’s new use cases, boost optimism.