Cryptocurrency exchange Bitget has announced it will fully compensate users affected by an unexpected price fluctuation of its native token, BGB, that occurred on October 7, 2024. BGB Price Drops Nearly 44% At 2:53 AM (UTC) on October 7, BGB experienced abnormal volatility, causing the price to fall from $1.14 to a low of $0.6441 ...
Ethereum, the second-largest blockchain by market capitalization, has experienced a notable price drop, falling below $2,400. This decline mirrors the broader crypto market’s downturn, which has seen a nearly 2% drop in total market cap to $2.17 trillion. Despite the decline, there’s been significant Ethereum accumulation around the $2,350 level. What Does This Mean for ...
In today’s market update, we’ll explore the correlation between Bitcoin and the GMI Liquidity Index, providing insights into potential future trends. We’ll also analyze several key cryptocurrencies, including ATOM, AAVE, MKR, ZRO, and KSM, examining their current market positions and potential future movements. Perfect Correlation — Bitcoin & GMI Liquidity Index What is the GMI ...
Coming hot on the heels of the just-released U.S. Consumer Price Index (CPI) data. With inflation numbers meeting expectations at 2.5%, down from the previous 2.9%, we’re seeing a potentially bullish backdrop for crypto. This economic indicator often influences market sentiment. We’re seeing some exciting developments across various assets. ICP has broken a major long-term ...
Stefan Sanetrik
Stefan Sanetrik
