Cryptocurrency Market News
5h
Dollar Strength Stalls Asian FX, Pressures Crypto.
- Fed rate-cut uncertainty has firmed the U.S. dollar and tightened Asian FX ranges, creating headwinds for risk assets. Concurrently, U.S. spot Ethereum ETFs saw roughly $107.4M in outflows in the past 24 hours, increasing short-term downside pressure on ETH.
1d
Senate's Digital Asset Market Clarity Act Moves Up
U.S. senators advanced a draft Digital Asset Market Clarity Act that would assign primary oversight of spot crypto to the CFTC, impose new stablecoin limits, and clarify token classifications. Markets reacted modestly—Bitcoin +2%, Ethereum +1%, XRP +1.3%—as traders priced in reduced regulatory ambiguity. This piece explains the bill's core provisions, likely near-term impacts across crypto, and why XRP is particularly sensitive to classification outcomes.
2d
Dollar Falls; Bitcoin & Ethereum Advance, XRP Lags
A DOJ probe into Fed leadership weakened the U.S. dollar, lifting safe havens and pushing Bitcoin and Ethereum higher, while XRP fell amid token-specific pressure.
3d
US Dollar Strength Pressures Bitcoin and Ethereum!
A modest uptick in the U.S. dollar pushed major cryptocurrencies slightly lower as traders priced in steady Fed rates and awaited key U.S. labor data. Bitcoin and Ethereum dipped on stronger USD flows while ETH showed greater sensitivity to risk-on shifts.
4d
Wage Surprise Boosts USD, Pressures Crypto Prices!
Stronger-than-expected U.S. hourly earnings lifted the dollar and dented risk appetite across cryptocurrencies, while Bitcoin’s record-high correlation with the Japanese yen signals a new regional driver for BTC moves.
5d
BOJ Rate Shift Fuels Dollar, Hits Crypto Demand Up
BOJ’s renewed hawkish stance pushed USD/JPY above 157 and strengthened the dollar, straining crypto prices and Asian demand. Concurrently, India’s forex reserves slid by about $9.8bn, raising liquidity risks for rupee‑pegged stablecoins and INR-based crypto products.
