FET and other AI tokens are outperforming the wider crypto market this week, but is the rally purely driven by investors' earnings expectations for Nvidia?
BitMEX co-founder Arthur Hayes recently published an article titled “Sugar High,” highlighting the short-term effects of the Federal Reserve’s potential interest rate cut. Hayes also emphasized that assets like Bitcoin will likely benefit from a liquid global financial market that may come from inflation. Japanese Yen Could Disrupt U.S. Financial Market In a keynote address
TL;DR Binance is adding new trading pairs and services to expand user options, with some restrictions for the residents of specific countries. The latest announcement has not led to substantial price increases for the involved cryptocurrencies, as the entire market remains covered in red. More Trading Options for Eligible Users The world’s largest crypto exchange
Bitcoin took yet another turn for the worse in the past day or so as it dumped to its lowest price position in over a week of $58,100 earlier today. The altcoins are in no better shape, with ETH dumping by 8%, SOL by 7%, and DOGE by 6%. Bitcoin’s Nosedive The primary cryptocurrency had
Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from yen carry trade unwinds.
XRP prices have declined today due to a choppy risk-on mood ahead of Nvidia earnings and cautious sentiment in the futures market, among other reasons.