Crypto market on a free fall as Iran launches missiles into Israel

Crypto market drops as Iran launches missile strikes into Israel. Bitcoin falls to $62k; Ethereum drops below $2,500. The global crypto market cap declines by 2.72% to $2.18 trillion. The global crypto market has witnessed a sharp decline following reports of Iran firing missiles into Israel. The heightened geopolitical tensions have sent shockwaves through financial […]

active addresses fall, market makers scale back, price softens

Key Takeaways Number of addresses containing one Bitcoin or more crosses one million Bitcoin relatively subdued despite trading at 2-month low Two prominent market markers are scaling back activity in the space Active addresses show notable decline in last week   We wrote last week that nearly one million addresses on the Bitcoin network now […]

Bitcoin touches $23k support as stocks fall on hot PCE data

Bitcoin and crypto prices fell as markets reacted to January PCE data. The Fed’s favourite inflation measure came in hot, jolting markets lower with S&P 500 declining nearly 1.4% and Dow dropping about 400 points. Crypto analyst Rekt Capital says BTC price remains in positive territory as long as bulls hold support above $23k. Bitcoin […]