Ethereum (ETH) is down 1% over the past 24 hours following Bitcoin (BTC) miner Bit Digital's (BTBT) announcement on Wednesday that it's pivoting toward an ETH staking and treasury strategy.
The cryptocurrency market is experiencing a revival of risk-on sentiment as the Iran-Israel conflict subsides, resulting in Bitcoin (BTC) reaching $108,000 and tailwinds for top altcoins.
Bitcoin (BTC) price continued to trade in green on Wednesday, having risen 5% over the previous two days. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and rallied, approaching their key resistance levels, where a breakout would suggest further upside moves.
Bitcoin (BTC) price extends gains above $106,000 at the time of writing on Wednesday having risen 5% over the previous two days. The institutional and corporate demand further supports the price recovery, as ProCap BTC LLC adds Bitcoin to its reserve and fresh inflows into Exchange Traded Funds (ETFs) occur. BTC traders await further cues from Federal Reserve (Fed) Chair Jerome Powell’s second day of testimony, scheduled for later on Wednesday.
Mastercard is deepening its partnership with Fiserv, Inc. (NYSE: FI) to integrate its new FIUSD token across a range of Mastercard products and services, expanding stablecoin adoption and utility for their shared customers around the world.
#BTCBelow80K Trump's stupid decision to implement tariffs on the world has affected financial markets including BTC. Moreover the retaliation of china with reciprocal tariffs just makes matter worse. It won't be soon before the market correct itself from this situation. Traders are advised to be cautious in this highly volatile market. Trump's idiotic lack of understanding and narcisstic behaviour has caused worse blow to American Economy in years which also affect the world. He doesn't understand that tariffs are tax that are passed onto consumers. Unless he plans a solution the market will continously be in a bearish level. Strong coins like BTC , Solana , XRP suffered huge crashes putting Traders in doubt. The vix index is dangerously high.