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Cryptonews24 @cryptonews24 added blog in News
2025-03-11 16:00:45 ·

Bitcoin Drops 4% Following Trump’s New Tariffs on Canadian Steel and Aluminum

The cryptocurrency market is once again feeling the ripple effects of global economic developments. This time, the trigger was former President Donald Trump’s announcement of new tariffs on Canadian steel and aluminum. The news sent shockwaves through financial markets, and Bitcoin, often seen as a barometer of market sentiment, temporarily fell below the $80,000 mark, dropping by 4%. But...

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Cryptonews24 @cryptonews24 added blog in News
2025-03-12 14:50:56 ·

Bitcoin Hits New Market Dominance Peak Despite Price Drop: What’s Driving the Shift?

In a surprising turn of events, Bitcoin (BTC) has reached a new peak in market dominance, even as its price experiences a correction. This development comes amid a broader trend of investors moving away from altcoins, driven by stronger-than-expected US employment data and the Federal Reserve’s hawkish rhetoric. But what does this mean for the crypto market, and why is Bitcoin...

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Cryptonews24 @cryptonews24 added blog in News
2025-05-27 11:50:37 ·

Bitcoin Stalls Near $110K – But Institutional Investors Keep Buying

Bitcoin’s price has hit a temporary plateau around $110,000, but that hasn’t stopped big-money players from accumulating more BTC. Institutional investors remain bullish, betting on a major breakout once key economic data from the U.S. shakes up the market. Why Are Institutions Still Buying? Despite the sideways movement, whales and corporate buyers...

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