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Crypto traders are taking a more defensive posture amid speculation long-term holders are offloading tokens with Bitcoin trading just below all-time highs. The largest cryptocurrency by market value was down about 2% to $116,200 on Friday, or around 5.7% below the record of more than $123,000 reached on July 14. Smaller tokens fared worse, with XRP and Dogecoin both down … Read more
President Donald Trump took to social media Thursday morning to support Elon Musk’s car company, a startling development given their bitter public feud. ”I want Elon, and all businesses within our Country, to THRIVE,” Trump wrote on Truth Social. The post wasn’t enough to help Tesla’s stock, which fell sharply after the company reported another … Read more
Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Summer is officially here, signaling a change not only in the seasons but in the type of outfits you’re likely to wear. I’ve traded denim for linen, thick knits for breathable cotton and in place … Read more
Longtime Bitcoin critic and goldbug Peter Schiff is back with another jab at the world’s largest cryptocurrency, and this time, he’s pitching the other precious metal as a superior alternative. According to Schiff in a June 20 X post, silver currently offers far more realistic upside than Bitcoin (BTC), with significantly less downside risk. “If anyone … Read more
Should we sell before the weekend? Bitcoin stumbled to $103,900 before rebounding to $105,000 as news broke of Israeli airstrikes hitting Iranian nuclear and missile facilities, including those in Tehran. The escalation marks one of the most direct confrontations in years. Prime Minister Netanyahu declared that the strikes won’t stop “until Iran’s nuclear ambitions are … Read more
The cryptocurrency market plunged on Friday, June 13, as rising geopolitical tensions in the Middle East rattled investors. Following news that Israel had launched a major military operation against Iran, digital assets tumbled sharply. The total crypto market capitalization dropped 7% over the past 24 hours to $3.3 trillion. Bitcoin (BTC) declined around 5%, trading … Read more
Key Takeaways Bitcoin dropped 5% to $102,900 after Israeli airstrikes on Tehran. Gold surged to $3,420 as investors sought safer assets amid rising tensions. Share this article Bitcoin slumped 5% to $102,900 early Friday after Israeli airstrikes hit Tehran, while spot gold surged to $3,429 in a flight to safety, TradingView data shows. On Thursday, … Read more
Ethereum plummets near the $2,400 mark as the Donald Trump and Elon Musk’s fallout rocks the crypto market as more major tokens get dragged down. According to data from crypto.news, the Ethereum price has dropped nearly 6% in the past 24 hours of trading. The second-largest token by market cap has been seeing red in … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The dollar slid towards a three-year low and US government bonds came under pressure on Monday as weak manufacturing data combined with growing warnings over the sustainability of the country’s debt pile to unnerve investors. … Read more
After a euphoric surge that saw meme coins on the Solana blockchain skyrocket earlier this year, the hype is beginning to unravel. Solana’s native token, SOL, has dropped for four straight days—falling nearly 18% from its May highs—as meme coin valuations across its ecosystem collapse. Once riding high with a combined market cap north of … Read more
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