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The cryptocurrency market saw a broad-based sell-off, with Bitcoin and Ethereum leading losses amid a Fed rate cut and mounting regulatory pressures in the US.
Bitcoin and other major cryptocurrencies have plunged as investors retreat from risk assets amid growing doubts over a December Federal Reserve rate cut.
The crypto market saw a broad downturn Tuesday, but DeFi tokens like Uniswap surged over 23% following a major protocol upgrade and positive regulatory news.
Spot Bitcoin ETFs saw over $1.2 billion in outflows last week, the third-largest on record, yet prices rebounded, suggesting profit-taking over panic.
Institutional investors are expanding their focus beyond Bitcoin, with a potential Dogecoin ETF, major investments in Ethereum treasuries, and growing interest in privacy coins like Zcash.
U.S. stock indices fell sharply, led by a 2% drop in the NASDAQ, as a tech sector reversal and layoff concerns spooked investors ahead of key jobs data.
BlackRock, the world's largest asset manager, has moved over $1 billion in Bitcoin and Ethereum to Coinbase Prime in a series of large-scale transfers this week.
Bitcoin's price fell below $100,000 for the first time in six months, triggering over $1.3 billion in liquidations amid a broad market sell-off.
New research suggests Bitcoin and Ethereum are more vulnerable to future quantum computing threats than newer blockchains, raising concerns about long-term security.
The cryptocurrency market is experiencing a significant correction, with Bitcoin and Ethereum leading a widespread decline that has sent most altcoins into double-digit losses.
Ether's price fell as much as 9% to below $3,600 on Monday, following a security breach on the Balancer DeFi protocol that may have exceeded $100 million in losses.
Ethereum is trading near $3,866, consolidating within a critical symmetrical triangle pattern that suggests a major price move is imminent.
