Bitcoin Cash
$BCH
$461
-3.80%
6 Results
Flows Turn Positive and Coinbase Premium Returns, PayPal Enables Free International Transfers with PYUSD
The trading day began on a positive note, with rates decreasing and risk assets rallying following disinflationary pricing data from the latest ISM services PMI report. However, equity indices relinquished their gains and dipped into the red late in the trading session, influenced by comments from Fed President Neel Kashkari, which implied the Fed was concerned over persistently high inflation. Crypto rallied along with equities in the morning, and has...
Crypto markets sharply continued their move higher today, with $BTC and $ETH rising 4.23% and 2.32%, respectively, at the time of writing. Bitcoin continues to lead the market, evidenced by it breaking its yearly highs and Bitcoin's Dominance Ratio rising 0.86% to 51.84%, its highest level since April of 2021. This ratio measures Bitcoin's market cap relative to the rest of the crypto market, and its rising means that Bitcoin...
A WEEK OF TABLE-TURNING DEVELOPMENTS _ETF SUMMER_ Over the last five years, there have been numerous calls for traditional financial institutions to enter the crypto industry. Once total crypto market cap surpassed the $1 trillion mark for the first time, the industry’s investors, developers, and followers began to discuss how crypto had transformed into an investable asset class and projected a significant influx of institutional investors. Until recently, several signs...