The move marks a notable reversal from the start of the year, when the curve was steepening, a sign markets were pricing in rate cuts, which were then cited as a tailwind for risk assets including cryptocurrencies. That tailwind now looks like it’s fading. Here’s… Read More
Gold has fallen below its 200-day moving average (200DMA), a widely followed long term technical indicator that tracks the average closing price over the previous 200 trading days. A break below the 200DMA is often interpreted as a sign that long term bullish momentum has… Read More
Bitcoin’s price sank sharply over the weekend, sliding below $78,000 — its lowest level since April — as profit-taking collided with thinning liquidity and a scarcity of fresh buyers. Traders told CoinDesk that a rally once backed by corporate demand, particularly from Strategy’s (MSTR) bitcoin… Read More
By Omkar Godbole (All times ET unless indicated otherwise) The cryptocurrency market is in a mixed mood, with some recent outperformers facing pressure while major cryptocurrencies remain resilient. Privacy-focused coins monero XMR$411.93 and zcash ZEC$686.07 fell more than 4% in the last 24 hours, contrasting… Read More
