Bitcoin Plunges to $83,500, ETH, XRP Lose Over 3%: What Is Going On?
Bitcoin and Ethereum retreat as profit-taking looms, but regulation, tokenization and ETFs support crypto. Traders watch BTC’s $68,900 and $82,800 levels.
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Bitcoin falls 2.5% as $550 million in leveraged trades are liquidated and Doctor Profit builds shorts near $88,000.
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Bitcoin and Ethereum retreat as profit-taking looms, but regulation, tokenization and ETFs support crypto. Traders watch BTC’s $68,900 and $82,800 levels.
Joseph Chee, CEO and Chairman of Solana Company, said on Tuesday, October 6, that China is "closely" monitoring cryptocurrency and blockchains, while continuing to have reservations about how the technology is used.
U.S. stock futures were lower on Wednesday, as the Dow Jones, S&P 500 and Nasdaq 100 indices fell, following Tuesday's higher close.
Avalanche is pushing toward $12 after strong monthly gains, as the total value of tokenized U.S. Treasuries on the network hits record levels.
Leading cryptocurrencies failed to break out on Tuesday, October 6, as investors curtailed risk appetite ahead of the release of the Federal Reserve’s September meeting minutes.
Bitcoin stays near $85,000 despite the Clarity Act’s failure; crypto markets are flat as regulators shape policy and ETF outflows mount.