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This Bitcoin (BTC) Market Dynamics Gains Attention as Prices Surpass $110,000

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Bitcoin BTC$110,942.42 exceeded $110,000, driven by renewed optimism about trade relations between the United States and China. This rebound means BTC is now trading at levels where market makers could add to the price turmoil ahead of multibillion-dollar options expiring on Friday. Data from the options market listed on Deribit, tracked by Amberdata and Deribit […]

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Recovers $110,000 as Trump Reaches Metals Deal, Lowers China Tariffs

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Bitcoin reversed some of the post-Fed losses Thursday morning after the meeting between President Donald Trump and his Chinese counterpart Xi Jinping yielded favorable results. Speaking aboard Air Force One, the US president also reportedly said it was a one-year deal that would be extended. Trump also said that the issue of rare earths had

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Traders Accept $800M Liquidation as Fed Caution Triggers Reversal in Selling News

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Bitcoin fell to near $108,000 on Wednesday, before climbing above $110,000 on Thursday after a volatile session that saw nearly $817 million in leveraged futures liquidations, with long traders taking the bulk of the losses. The pullback came just hours after the Federal Reserve announced a widely expected 25 basis point rate cut, but Chairman

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Ripple Risk of Deeper Pullback as Fed Cuts Cause Bitcoin to Fall

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Bitcoin saw significant volatility, falling to nearly $108,000 before surging above $110,000, with $817 million in leveraged futures liquidations. The Federal Reserve’s 25 basis point rate cut was followed by cautious remarks from Chairman Jerome Powell, which impacted market optimism. Analysts suggest that even if short-term volatility persists, macroeconomic conditions could support Bitcoin’s rise if

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William Blair Analysts See Advantage in Western Union’s (WU) Launch of Solana-Based Stablecoin

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Shares of Western Union (WU) rose 6.5% on Tuesday after the company announced plans to introduce the US Dollar Payment Token (USDPT) on Solana, issued by Anchorage Digital Bank, as well as a crypto exit network called Digital Asset Network. According to investment bank William Blair, the move highlights that stablecoins are an opportunity, not

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BONK Price Slides 3.4% With Support Under Pressure Amid Solana Market Weakness

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BONK-USD extended its decline on Tuesday, falling 3.4% to $0.0000143 as the Solana-based meme token succumbed to renewed downward pressure across the ecosystem. The decline marked a decisive break below support at $0.0000146, a key level that held for much of the past week, confirming a short-term bearish structure, according to CoinDesk Research’s technical analysis

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Cardano (ADA) Falls Below Key Support as Institutional Investors Withdraw

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Cardano’s native token ADA fell sharply on Wednesday, falling more than 3% to 64 cents as it broke through a critical support level and confirmed a change in market sentiment, according to data from CoinDesk Analytics. The outage began on Tuesday, when trading volume soared 67% above its 24-hour average. Nearly 183 million tokens changed

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BNB falls 2.7% as traders focus on technicals during crypto market downturn

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BNB price slipped 2.7% over the past 24 hours to $1,105 following the rally that began after the disappearance of BNB Chain’s largest quarterly token burn on record in US dollar terms. The drop undermined hopes that the $1.6 billion supply cut would further support the price. BNB Chain burned 1.44 million BNB under the

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What is the real use of a Yen Stablecoin? A carry trade on chain

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Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed look at US markets, check out CoinDesk’s Crypto Daybook Americas. The Korean won and Taiwan dollar can’t really leave

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