Jonathan Wu Explains the Crypto Crash: The Impact of Japan’s Tightening Monetary Policy cryptoglobe.com 05 August 2024 13:10, UTC Earlier today, Jonathan Wu, an investor at Asylum Ventures, a $55 million early-stage venture fund based in Brooklyn, New York, posted on the social media platform a thread on the cryptocurrency market’s ongoing crash. Wu…
3 Reasons Why XRP Price Correction Heading to $0.4 coingape.com 05 August 2024 13:39, UTC The XRP price fell 15.4% on Monday, along with the rest of the crypto market. The leading digital assets, Bitcoin and Ethereum, are down 14-16% to currently trade at $51000 and $2243, respectively. This sell-off could be attributed to…
Can Fed Rate Cuts Save Crypto Market Meltdown? coinedition.com 05 August 2024 13:52, UTC Analysts are predicting the Federal Reserve will react to the market downturn by cutting interest rates this month. This move, they suggest, is aimed at preventing the ongoing decline in asset prices from spreading to the real economy and triggering…
Filecoin (FIL) Traders Seek Another Discount Despite Waffle Upgrade Optimism beincrypto.com 05 August 2024 14:18, UTC Like other altcoins, Filecoin (FIL) faces intense volatility following the wider market collapse. The latest data from several price tracking platforms shows that FIL’s price has decreased by a staggering 16.38% in the last 24 hours. This decline…
Dogecoin Founder Gives Crucial Statement on Crypto Bloodbath u.today 05 August 2024 14:20, UTC The ongoing crypto crash has stunned the overall community as more than $500 billion were wiped out of the total crypto market capitalization in the last two days. As expected, Dogecoin founder Billy Markus has given a surprising yet humorous…
Growing Vechain Weakness at $0.020 Warns a Drop To $0.016 thecryptobasic.com 05 August 2024 13:15, UTC With the 36% price drop in the Vechain (VET) price struggling to hold bullish dominance at $0.020, the altcoin could experience further downfall. Will the breakdown rally hit 0.016? Amid a bear market, Vechain struggles to display resilience…
Fantom (FTM) Traders Suffer Losses Amid Market Decline, Price Hits Yearly Low beincrypto.com 05 August 2024 10:42, UTC Fantom’s (FTM) price has fallen by 20% in the past 24 hours amid the broader market downturn. Exchanging hands at $0.29 at press time, the altcoin currently trades at a price low last observed in October…
