The Currency analytics
By Bruce Buterin
Bitcoin's weekend rally crashed Monday. The crypto fell below $64,500 for the first time in over two weeks after legacy futures markets opened, triggering a sharp selloff that…
BTC had been riding high after briefly touching $71,000 over the weekend - its first visit to those levels in about a week. But the party didn't last long.
Bitcoin surged back toward $69,000 over the weekend, but it couldn't break free from its trading range.
The President announced a new 10% global tax following a Supreme Court decision against certain tariffs, with plans to bump it up to 15% later.
Ethereum took a beating too. ETH fell from nearly $2,000 to $1,850 before finding some footing above $1,900.
The token dropped more than 2% to $1.40, joining BNB, DOGE, ADA, and LINK in the red. But the real carnage hit BCH, SOL, and HYPE - each one down as much as 6%.
PIPPIN bucked the trend hard, surging over 23% to exceed $0.72. The token's rally stood out like a beacon in a sea of red, proving that even in brutal market conditions, some…
Trading activity exploded on major exchanges as the selloff intensified. Binance reported a massive surge in volume, particularly in BTC/USDT pairs, as traders scrambled to react…
MicroStrategy stayed put through the chaos. The company didn't sell any Bitcoin despite the sharp drop, sticking to its long-term strategy.
JPMorgan analysts are watching Trump's tax proposal closely. They think the policy could create more volatility as investors try to figure out what it means for their portfolios.
CryptoQuant noted that smaller altcoins saw trading volumes spike during the selloff. Tokens like HYPE and SOL experienced sharp increases in activity as traders repositioned…
Several exchanges adjusted their operations to handle the surge in activity. Kraken and Bitstamp temporarily increased withdrawal limits to prevent bottlenecks as users rushed to…
Coinbase CEO Brian Armstrong tried to calm nerves during a podcast appearance earlier this week.
Grayscale Investments didn't flinch either. The firm confirmed it would continue regular Bitcoin Trust purchases on February 23, undeterred by the price drop.
Binance made some risk management moves too. The exchange temporarily reduced leverage limits on certain pairs, including BTC/USDT, to protect users from getting wiped out in the…