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Cryptocurrency News Articles
Bitcoin Drops to $102k, Faces Selling Pressure? Qtum Leads the Market
Feb 01, 2025 at 03:15 pm
The crypto market today underwent a minor turn to the south, with the market cap slipping by 0.71% to $3.52 trillion. Despite the dip, trading volume surged 22.11%, reaching $123.35 billion, indicating maintained investor activity. The Fear & Greed Index has cooled to 54, shifting to a Neutral stance from yesterday's Greed sentiment, suggesting a more cautious market approach.
The crypto market slipped 0.71% to $3.52 trillion, with total trading volume surging 22.11% to $123.35 billion. Bitcoin’s market dominance now stands at 57.6%.
The Fear & Greed Index has cooled to 54, shifting to a Neutral stance from yesterday’s Greed sentiment, suggesting a more cautious market approach.
Bitcoin Drops to $102k, Faces Selling Pressure?
Bitcoin has witnessed a 1.73% price decline over the last 24 hours, currently changing hands at $102,483.63. Its market cap has slipped 1.78% to $2.03 trillion. BTC’s dominance remains strong at 57.6%.
In terms of volume, the 24-hour trading volume for Bitcoin jumped 17.58% to $44.32 billion, indicating active buying and selling despite the downturn.
Bitcoin’s Fear and Greed Index today slipped to 54, indicating a shift from yesterday’s Greed sentiment. The index now suggests a more cautious market approach.
As for the highs and lows, Bitcoin’s highest and lowest prices over the past 24 hours were $104,683.08 and $101,706.86, respectively.
After kicking off the year below $30,000, BTC has enjoyed a stellar 2023. According to our Bitcoin price prediction, the coin could hit $250,000 by 2025.
Altcoins Today: ETH Spikes, While SOL & XRP Slip
Ethereum posted a 1.77% gain, climbing to $3,298.15, while Solana and XRP declined by 1.81% and 1.06%, respectively.
The altcoin market remained in flux, with some assets posting gains while others struggled amid Bitcoin’s correction.
Top Gainers: Qtum Leads the Market
Top Losers: Fartcoin Leads the Declines
Subscribe to stay tuned for daily updates on the latest market trends and insights!
FAQs
Bitcoin is currently priced at $102,483.63, reflecting a 1.73% decline in 24 hours.
Qtum, Penguin, and LDO have recorded the highest gains, with Qtum leading at +40%.
Ethereum has gained 1.77% in the past 24 hours, reaching $3,298.15.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Coinbase and PayPal Expand Partnership, Offering Zero-Fee On- and Off-Ramps for PYUSD
- Apr 24, 2025 at 10:40 pm
- PayPal is doubling down on crypto payments with a strategic partnership push. On Thursday, April 24, Coinbase partnered with PayPal to offer zero-fee onramps and offramps for the PYUSD (PYUSD) stablecoin on its exchange.
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- PayPal and Coinbase Expand Partnership to Increase Adoption of PayPal USD (PYUSD) Stablecoin
- Apr 24, 2025 at 10:40 pm
- SAN JOSE, Calif., April 24, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) and Coinbase Global, Inc. (NASDAQ: COIN) today announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin.
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- PayPal-Coinbase partnership brings enterprise credibility to stablecoins through zero-fee trading, guaranteed redemption, and mainstream distribution channels.
- Apr 24, 2025 at 10:35 pm
- This partnership represents a significant validation of stablecoins as financial infrastructure by two publicly-traded financial institutions.
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- Coinbase platforms to provide fee-free purchases and easy 1:1 redemption of PayPal USD while companies jointly explore new payment use cases
- Apr 24, 2025 at 10:30 pm
- This collaboration will provide value for consumers, enterprises, and institutions as they continue to utilize digital currencies across platforms and borders
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- Analysts say Trump's import tariffs expose vulnerabilities in the US bond market, highlighting Bitcoin's unique economic properties
- Apr 24, 2025 at 10:20 pm
- Trump's 90-day pause on higher reciprocal tariffs, reverting them to a 10% baseline for most countries except China, has exposed vulnerabilities in the US bond market