Thursday, March 28, 2024
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BTC Extends Declines, as Markets Continue to React to Nonfarm Payrolls – Market Updates Bitcoin News

Bitcoin fell below $28,000 to start the week, as markets continued to react to last Friday’s United States nonfarm payrolls (NFP) report. The payrolls report came in at 250,000 versus expectations of 180,000 jobs. Ethereum was also lower, as prices fell back below $1,900. Bitcoin Bitcoin (BTC) moved lower to start the

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MATIC Slides to 6-Week Low, as SOL Extends Declines – Market Updates Bitcoin News

Polygon fell to a six-week low on Tuesday, with sentiment in cryptocurrency markets remaining bearish. The price plunged as consumer confidence in the United States fell by more than expected, coming in at a reading of 101.3 in April. Solana also slipped, hitting a two-week low. Polygon (MATIC) Polygon (MATIC) dropped to

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Bitcoin (BTC) Posts Biggest Weekly Loss in Five Months as Dollar (USD) Liquidity Declines, Debt Ceiling Fears Resurface

The leading cryptocurrency by market value fell by 9% to $27,600, registering its largest single-week percentage loss since early November, according to data from TradingView and CoinDesk. The yield on the 10-year U.S. Treasury note rose by six basis points (bps) to 3.58%, its second straight weekly gain, denting the

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Play-to-Earn Project Axie Infinity’s AXS Price Declines as $156M Token Unlock Looms

Unlocks are widely considered bearish catalysts. That's because holders benefiting from the unlock have the new ability to sell their coins, potentially adding to the supply in the market. It's common for early stage projects to lock tokens to prevent big holders, typically early investors or project team members, from

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USDT market cap surges, while USDC and BUSD record massive declines

Tether USD (USDT), the largest stablecoin by market capitalization, is witnessing an impressive surge in its valuation, having recently hit an 11-month-high market cap. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) have each observed record declines in their respective market capitalizations. USDT market cap chart on April 10 | Source: CoinMarketCap

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