Bitcoin losses accelerate following ETF launch, while ether heads for an 18% gain on week

Bitcoin losses accelerate following ETF launch, while ether heads for an 18% gain on week

Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin ETFs in the U.S. after a years long battle for institutional acceptance of the asset. The price of bitcoin dropped nearly 6% to $44,022.22, according to Coin Metrics, pulling most of the crypto … Read more

Solana surges amid altcoin rally, nearly triples its price over the past month

Solana surges amid altcoin rally, nearly triples its price over the past month

The logo of cryptocurrency platform Solana. Jakub Porzycki | NurPhoto via | Getty Images The price of the Solana token jumped Wednesday amid an ongoing rally in altcoins and bullish remarks on the token from famed tech investor Cathie Wood. Solana was last higher by nearly 12% at $62.38. Earlier in the day it climbed … Read more

Bitcoin briefly dips under $25,000 ahead of fresh inflation data

Bitcoin briefly dips under ,000 ahead of fresh inflation data

The cryptocurrency market fell to start the week as traders turned their focus to new inflation data and digested the latest in the SEC’s legal battle with Ripple. Bitcoin fell more than 2% to trade at $25,108.53, according to Coin Metrics. Ether, whose moves follow those of bitcoin as a “blue chip” crypto asset rather … Read more