Bitcoin dips below $80K as Trump Canada tariffs halt BTC price comeback

Bitcoin dips below K as Trump Canada tariffs halt BTC price comeback

Bitcoin (BTC) experienced a significant cooling off, retreating approximately 7% after a momentarily encouraging surge on March 11, following the opening of Wall Street. Price action data from Cointelegraph Markets Pro and TradingView revealed that BTC/USD initially soared to local highs of about $82,154 on Bitstamp, but soon faced headwinds that triggered market caution during…

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BTC Price Steadies With One Eye on Trump’s First Inflation Report

BTC Price Steadies With One Eye on Trump’s First Inflation Report

The crypto markets are showing signs of resilience as Bitcoin rallies above $81,000, gearing up for the critical U.S. inflation report set to be released tomorrow. This recovery has been predominantly driven by layer-1 and layer-2 cryptocurrencies, alongside a notable uptick in gaming tokens. This upward movement coincides with indications of “peak fear” in the…

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Why is Ethereum (ETH) price down today?

Why is Ethereum (ETH) price down today?

Ether (ETH) has seen a sharp decline in price, experiencing a drop of over 11.75% within a 24-hour period, with current trading levels around $1,900. The downturn reached a session low of $1,755, marking its lowest value since October 2023. This significant decrease can be attributed to several underlying factors impacting the broader cryptocurrency landscape.…

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Dogecoin, Ether Slump 9% Amid Bitcoin Tumble

Dogecoin, Ether Slump 9% Amid Bitcoin Tumble

In a tumultuous 24-hour period, major cryptocurrencies including Dogecoin (DOGE) and ether (ETH) plummeted by 9%, closely following bitcoin (BTC), which faced a significant decline of 4.5%, dropping below the $80,000 mark. This downturn triggered a massive liquidation of long positions, erasing around $700 million from the market, with losses primarily hitting leveraged traders. Specifically,…

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BTC and Nasdaq (NDX) Could Stabilize as Yen (JPY) Long Positioning Appears Stretched

BTC and Nasdaq (NDX) Could Stabilize as Yen (JPY) Long Positioning Appears Stretched

Recent trends in the financial markets reveal a notable decline in both the Nasdaq and Bitcoin (BTC), paralleling significant movements in Japanese government bond yields and the strengthening of the safe-haven Japanese yen (JPY). This correlation bears a striking resemblance to the market dynamics observed in early August, suggesting deeper market interdependencies. Historically, the low-yielding…

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Hacking group ‘Dark Storm’ claims responsibility for DDoS attack on X

Hacking group ‘Dark Storm’ claims responsibility for DDoS attack on X

A significant cyberattack targeted the social media platform X, rendering it temporarily inaccessible to thousands of users. Responsibility for the Distributed Denial-of-Service (DDoS) attack has been claimed by the pro-Palestinian hacker group Dark Storm, which has connections to Russia. This attack was highlighted by cybersecurity group SpyoSecure through a post on X on March 10,…

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Trump crypto push could hurt Europe’s financial stability: Top EU official

Trump crypto push could hurt Europe’s financial stability: Top EU official

Concerns are mounting within the European Union regarding potential threats to financial stability and monetary sovereignty posed by the U.S. embrace of digital assets under the leadership of former President Donald Trump. European Stability Mechanism (ESM) managing director Pierre Gramegna articulated these worries during a Eurogroup press conference on March 10, underscoring how a favorable…

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