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The world's largest cryptocurrency by market value dropped as much as 7% on Friday to $78,273, its lowest since November 10 and on track for a fifth straight day of declines. ... swept up in a ...
A broad risk-off sentiment is also to blame for bitcoin's slump, made worse by last week's nearly $1.5 billion hack of the crypto exchange Bybit. Things have been painful for altcoins as well.
The flagship token has suffered amid rising risk-off sentiment that's hit other assets like stocks. Sources say speculation in meme coins and a recent crypto hack have hurt confidence in the market.
Market sentiment, also known as investor attention, is the general prevailing attitude of investors as to anticipated price development in a market. [1] This attitude is the accumulation of a variety of fundamental and technical factors, including price history, economic reports, seasonal factors, and national and world events.
The cryptocurrency tipped into a bear market this week, down more than 20% from its January peak. ... Cryptocurrencies also saw heightened volatility and weaker sentiment after hackers stole $1.5 ...
The recent decline in prices driven by tariffs, sticky inflation and negative investor sentiment is par for the course when investing in crypto. For as high as prices rise, they can also fall in a ...
In Lynn's opinion, January 2024 might have marked a meaningful pivot in advisor sentiment toward digital assets. ... As the crypto market matures, she expects advisors could find benefits from ...
Bitcoin, the world's largest cryptocurrency by market value, was last down 7.25% on the day at $87,169.76. ... Part of the reason for the shift in sentiment is that policy changes in the U.S. have ...