Bitcoin tumbles and risks dropping below $80K as its bearish reversal pattern enters breakdown mode.
Interest Rate News
Interest rate is defined as the annual rate of return on an asset when lent or the amount charged by a lender when borrowing, usually expressed as a percentage and calculated on an annual basis. It is applicable when lending or borrowing and is paid in fiat currencies or even a cryptocurrency. The interest rate can be calculated over a duration of time as simple interest or can be compounded, where both the principal and accumulated interest over the previous period are subjected to interest rate calculations.
While interest rates vary among asset classes, digital currencies like stablecoins and altcoins offer higher returns when held in cryptocurrency saving accounts, especially when compared with the savings rate for fiat currencies like the United States dollar.
Considered to be the cost of money, the interest rate determines the attractiveness of an asset for a lender and is usually higher for assets that suffer from higher depreciation. The interest rate for borrowers with a good credit rating is lower than for those with a poor credit rating, while lenders in need of capital generally provide a higher interest rate on funds deposited with them as compared with those that are flush with funds.
- Markets News9251
- Markets News
The crypto market is down today as investors view crypto product funds outflows and the recent Bybit hack as catalysts for the market to lean bearish.
29713 - Altcoin Watch
XRP price is down 5% today and resistance from the 50-day SMA points to a deeper correction in the short term.
6566 - News
Fed Governor Christopher Waller says January had uneven progress on inflation, but if the year plays out similar to 2024, rate cuts could be on the cards later this year.
3332 - News
Investors are patiently waiting for interest rate cuts to fuel risk-on-asset markets amid high inflation and macroeconomic uncertainty.
14726 - Price Analysis
Bitcoin bulls are chasing after new highs but investor actions in equities markets and sellers at the top of BTC’s range are keeping a cap on price discovery.
8299 - News
Bitcoin’s price remains sensitive to macroeconomic conditions, with analysts eyeing the upcoming US labor report as a key driver for February’s momentum.
6630 - Market Analysis
Bitcoin trades above $100,000, but investors’ “unit bias” and the rise of spot BTC ETFs have drastically decreased retail investors’ presence in the market.
2524 - Market Update
Bitcoin futures traders liquidated shorts after today’s Fed FOMC comments aligned with the market consensus.
5703 - Price Analysis
Bitcoin’s volatility is likely to pick up following Fed Chair Jerome Powell’s comments, but the potential direction of the price move remains elusive to most traders.
6664 - Market Update
Bitcoin’s sell-off to $97,777 was followed by a healthy response from dip buyers. Is a snap back to BTC’s range highs the next logical step?
8506 - Price Analysis
Bitcoin and altcoins saw sharp selling as traders reduced risk following the popular launch of the DeepSeek AI app.
5463 - News
Bitcoin shows strength due to traders’ hope of a crypto-related executive order from Pres. Trump, but analysts warn that a dip below $101,000 could kick off a $1.3 billion long liquidation.
6650 - Market Analysis
Knowing when to buy and when to sell Bitcoin can be nerve-racking for investors, but a BTC macro cheat sheet from Cane Island Digital could ease the process.
4720 - News
“Higher-than-expected inflation could trigger equity market volatility, potentially dragging Bitcoin lower,” Bitfinex’ head of derivatives told Cointelegraph.
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