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With Bitcoin falled from $79,000 to $75k and XRP dropped from $1.49 to $1.38, the cryptocurrency market is now focused on news from the US. The political deadlock surrounding the Clarity Act remains unresolved, while the upcoming Fed interest rate decision and rising oil prices are increasing pressure on investors and risky assets
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BTC-2.54%
XRP-2.17%
#Zec
ZEC's recent gains are part of a broader crypto market upswing. Reports from Tokenpost, Yahoo Finance, and CryptoPotato highlight ZEC's performance alongside other cryptocurrencies, indicating a positive market sentiment driven by macro and regulatory expectations. This broad-based rally contributed to ZEC's 7-8% increase over the last 24 hours.
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ZEC-0.74%
#ADa
ADA retreated shortly after peaking at $3.09 on September 2, 2021. This peak was recorded just before the Alonzo update, which brought native smart contract support to the Cardano network. The Alonzo upgrade was implemented on September 12, 2021, as part of the network's Goguen development phase. While Cardano has seen occasional attempts at recovery since its 2021 peak, the $3.09 record has not been retested. ADA is currently trading at $0.21, showing a loss of 93.19% from its all-time high. For this gap to close, the price needs to rise by approximately 1,371.43%.
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ADA-4.27%
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#WTI
Oil prices rose following attacks on energy infrastructure in Saudi Arabia. A disruption to the East-West oil pipeline heightened supply concerns. Brent crude rose 1.18% to $106.96, while WTI increased 1.24% to $102.65. Markets are also closely watching developments in the Strait of Hormuz and Saudi oil exports.
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#doge
Dogecoin has extended its recovery from its August lows, although repeated resistance near $0.09 continues to limit its advance.
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DOGE-3.15%
#crypto
Senate Republicans have released the final draft of the CLARITY Act, which includes 126 policy changes that they say Democrats requested during negotiations. These changes cover token classifications, issuer disclosure obligations, exchange regulations, DeFi compliance, bank protections, developer safeguards, consumer rights enforcement, and federal ethics restrictions.
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#Oil
Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline.
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#crypto
Market seems as yesterday and Bitcoin still stable , it suddenly jumped over $79k then still stay around $77200 dollar , today is Sunday usually Bearish ..
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BTC-2.54%
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#bitcoin
The price of long-term money has already undone the trade that lifted Bitcoin. The 30-year Treasury yield closed at 5.37% on Thursday, its highest level since before the 2008 financial crisis. Three weeks ago, a sudden drop in that same yield set off Bitcoin's 25% squeeze, and the squeeze is what finally pulled the 50-day moving average back above the 200-day for the first time since November.
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BTC-2.54%
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#BTCFallsBelow77000
The institution stated that a pause in the US Federal Reserve's interest rate hikes could support a new surge in Bitcoin, gold, and US stocks in the final quarter of the year. According to the analysis, the US debt exceeding $40 trillion and long-term bond yields approaching 5% are key catalysts for investors to gravitate towards limited-supply assets. However, recent inflation data makes the scenario of the Fed holding on rates more uncertain.
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BTC-2.54%
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#bitcoin
Bitcoin’s comeback from the mid-August has divided the entire cryptocurrency trading into top performers and underperformers. Since August 17, Bitcoin increased by almost 22%. The exchanges and stablecoin-linked companies have followed suit but it cannot be said the same for miners
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BTC-2.54%
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#Oil
Oil traders have turned sharply bullish on fuels, building a net long position of 177 million barrels in gasoline and diesel as the prolonged Middle East war tightens global supplies.
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GAS-4.14%
#gold
Spot gold fell in the previous two sessions after data showed US job growth accelerated sharply in August, while the unemployment rate held steady at 4.1%, suggesting an improvement in the labour market.
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#BTCDropsBelow80K
Here today is Monday and starting New week , Bitcoin same as yesterday price around $79600 , We will see What New week brings to us , good luck everyone !
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BTC-2.54%
#bitcoin
Bitcoin news emerges as BTC’s 60-day correlation with gold reaches 0.636, the highest since 2020, while its correlation with the Nasdaq drops to 0.22. This shift indicates Bitcoin is increasingly being priced as a hard asset rather than a beta stock. Historical data shows similar patterns preceding major bull markets. Traders are also monitoring altcoins for signs of movement amid this potential market shift.
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BTC-2.54%
#Eth
Ethereum price broke above the $2,500 resistance before facing another rejection, while fresh Ethereum news around 35 launches has renewed debate over whether $ETH can outperform Bitcoin this cycle. Traders are watching the $2,550 level, while new products across the network add to the market story
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ETH-3.71%
BTC-2.54%
Are we in a bull run ? What do you think guys ? Because all cryptocurrencies making a show omg ! To the moon 🚀🚀🚀
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#gold
Gold prices held near $4,400 an ounce on Thursday after rebounding 1% in the previous session, as softer expectations for energy driven inflation eased some pressure on the Federal Reserve to raise intere
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#Bitcoin
Bitcoin's price correlation with gold has climbed to a record high, raising the prospect of a repeat of the rallies seen in past cycles.
The Block reported on September 1 that the 90-day Pearson correlation coefficient between Bitcoin and gold reached an all-time high. The 30-day correlation coefficient also rose to 0.8, its highest level this year. The Pearson correlation coefficient measures how closely two assets move together, with a reading closer to 1 indicating stronger alignment.
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BTC-2.54%
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#Crypto
OIL prices gained on Tuesday (Sep 1) as the resumption of fighting between the US and Iran in the Middle East renewed fears of supply disruptions from the world’s key crude-producing region.
Brent crude futures were up 56 cents, or 0.6 per cent, to US$91.05 a barrel at 0044 GMT, while US West Texas Intermediate crude was up 83 cents, or 1 per cent, to US$86.59.
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