Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators have been stepping up efforts to return a $9 billion hoard of the largest digital asset to creditors. The original cryptocurrency dropped as much as 2.7% and was trading at about $67,840 as of 12:15 p.m. Tuesday in … Read more
Bitcoin is on course to advance for a fifth straight month in what would be the token’s longest such winning streak since a pandemic-era rally oiled by easy money. The largest digital asset has risen about 2% in January, a month of pronounced swings sparked by the rollout of the first US spot Bitcoin exchanged-traded … Read more
Bitcoin slid to the lowest since mid-December as the speculative demand for the token sparked by hype about new exchange-traded funds dissipates, leaving the cryptocurrency in the red since the start of 2024. The largest digital asset briefly flirted with a drop below $40,000 before trading at $41,160 as of 6:30 a.m. Friday in Singapore, … Read more
Bitcoin delivered another bout of its notorious volatility in a sharp tumble toward $40,000 amid a broader crypto selloff. The largest token sank as much as 7.5% to $40,521 before paring some of the losses to trade 4% lower at $42,095 as of 11:12 a.m. in Singapore on Monday. Smaller tokens like Ether, XRP, Polkadot … Read more
Bitcoin’s longest winning run since May lifted the token past $44,000, sparking questions about whether the breakout increasingly reflects a conviction that looser Federal Reserve monetary policy lies ahead. The largest digital asset climbed for six days through Tuesday, adding roughly 16%, and was consolidating the gains in early Asian trading on Wednesday. Its 2023 … Read more