Bitcoin price drops to $56K as U.S.-listed Bitcoin ETFs witness $287 million in outflows, signaling reduced investor confidence and growing selling pressure.
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Category: Bitcoin
Top Crypto Performers Today September 5 – HNT, SATS, BSV
Major crypto prices are struggling amid elevated sell pressure following the release of mixed US economic data releases, with traders looking for quick gains instead turning to top crypto performers today in the altcoin markets.
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Over 600 Bitcoin ATMs Shut Down Amid Criminal Activity, US Takes Lead
Over 600 Bitcoin ATMs were shut down globally in the first two months of Q3 2024 amid a crackdown by authorities targeting the machines’ involvement in criminal activities like extortion and scams, with the United States leading the reduction by losing 411 ATMs in July and 258 in August according to Coin ATM Radar data.
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Top Crypto Gainers Today on DEXScreener – PEDRO, VGREEN, CROCO
On a bearish day in major cryptocurrency markets that saw the likes of Bitcoin (BTC) and Ethereum (ETH) fall back towards recent lows amid ongoing concerns that the US economy might be about to tilt into recession ahead of the release of key US jobs data for August, traders turned to on-chain DEX markets in their hunt for top crypto gainers today that might be able to deliver fast gains.
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Top Crypto Gainers Today on DEXScreener – FARM, VISTA, NEIRO
As major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) continue to trade with a bearish bias during Wednesday Asia Pacific trade, traders are turning to the on-chain DEX markets in their hunt for top crypto gainers today that might be able to deliver quick gains.
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Crypto Exchanges Trading Volume Increase for Second Month, Reaching $5.22T
Centralized cryptocurrency exchanges witnessed a notable rise in trading activity for the second consecutive month, according to CCData’s latest monthly report.
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Top Crypto Performers Today September 4 – Aave, Starknet, dogwifhat
As major cryptos rebound from fresh multi-week lows, with Bitcoin (BTC) back near $58,000 after dipping briefly as low as the $55,000s earlier on Wednesday, investors are scouring altcoin markets for top crypto performers today that might be able to outperform amidst on-going market uncertainty.
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Crypto Whales Buy Bitcoin During The Dip And This New Meme Coin
As US Bitcoin ETF experience outflows amid bearish recent BTC price action, crypto whales have been aggressively buying the dip, although investors have also been piling into an exciting new meme coin called Pepe Unchained (PEPU).
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Analysts Caution 20% Bitcoin Decline as US Rate Cut Fuels Recession Fears
A long-awaited interest rate cut by the United States Federal Reserve could have an unexpected impact on Bitcoin, potentially driving its price down, according to Bitfinex analysts.
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Bitcoin Price Drops Under $57K as Nvidia and S&P 500 See Decline
Bitcoin fell 4.7% on Wednesday, dropping below $57,000, triggered by economic uncertainty in the US and a sell-off in tech stocks led by Nvidia.
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