The cryptocurrency market may have overreacted to Solana’s FTX links and its tainted boss, Sam Bankman-Fried.
Bitcoin is up $1,000 on the day as bets on $30,000 hitting soon reappear in advance of the BTC price monthly close.
Most altcoins posted a below-par performance in March, but XRP, XLM, CFX, XDC and MASK defied the trend by posting double-digit gains.
Bitcoin-friendly Musk is no fan of the Fed’s inflation policy, he reveals, as Arthur Hayes says U.S. economic decisions are sending BTC price on a path to $1 million.
XLM price is playing catchup to XRP’s March gains, quickly rising 25% versus the U.S. dollar while the XLM/XRP pair bounces from record lows.
$4.2 billion in BTC options expire on March 31, and despite weeks of harsh regulatory action against the crypto sector, bulls are well positioned to profit.
BTC price bets pile in as Bitcoin approaches one of its most important monthly closes since the November 2021 all-time high.
BTC price action snatches at $30,000, but Bitcoin market participants dismiss it as a “deviation” at range highs.
In March mining stocks increased at a slower pace compared to BTC, amid macroeconomic uncertainty and increasing competition among Bitcoin miners.
United States Securities and Exchange Commission Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”