XRP Tumbles Over 10% in Largest Single-Day Drop Since February
The digital asset XRP fell more than 10% on Tuesday, marking its most significant one-day percentage loss in over seven months amid a broader cryptocurrency market downturn.
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The latest crypto coverage from the TrustFinance editorial desk.
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Bitcoin Falls Nearly 4% as US Senate Rejects Landmark Crypto Bill
Bitcoin's price declined after the U.S. Senate narrowly failed to pass the Clarity Act, a key piece of legislation for digital asset regulation. Broader market anxiety, driven by rising Treasury yields and oil prices ahead of a Federal Reserve decision, also contributed to the downturn.
Standard Chartered Sets $10 Price Target for Arbitrum's ARB by 2030
The bank initiated coverage on the Layer 2 network, citing its potential to dominate the tokenization of traditional financial assets and projecting a price of $10 for the ARB token by the end of the decade.
EOS Surges Over 10% Amid Broader Crypto Market Rally
The cryptocurrency EOS recorded its largest single-day percentage gain since September 18, climbing 10.07% to reach $0.0907. The rally occurred alongside gains in major digital assets like Bitcoin and Ethereum.
Bitcoin Surges Past $81,000, Fueled by Massive Short Squeeze
Bitcoin's price rallied above $81,000 as a major short squeeze and renewed spot ETF demand overshadowed pressures from central bank rate hikes and U.S. regulatory uncertainty.
Cardano Surges Over 10% in Largest Daily Gain Since September
Cardano (ADA) experienced its largest single-day percentage increase since September 18, pushing its market capitalization above $8.5 billion. The rally occurred alongside broader gains in the cryptocurrency market, with Bitcoin and Ethereum also posting significant advances.
Bitcoin Surges Past $81,000, But Technical Indicators Signal Overheating
Bitcoin has broken out of a key technical pattern to trade above $81,000, but its Relative Strength Index and Money Flow Index have reached extreme levels, suggesting a potential for a near-term pullback.
Bitcoin Holds Steady Near $77,000 as Rate Concerns Counter Diversification Argument
The world's largest cryptocurrency traded flat over the weekend, with pressure from high interest rate expectations being offset by a long-term thesis for Bitcoin as a portfolio diversifier, according to a new report.
Bitcoin Rises to One-Week High on Renewed Optimism for US Crypto Bill
Bitcoin's price climbed nearly 2% after Republican leaders announced an updated draft of the Clarity Act, a key digital asset bill, that includes new ethics provisions aimed at securing bipartisan support for a potential Senate vote.