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Bitcoin dips to $53K after Bank of Japan’s rate hike, Ether follows drop as global market panic ensues
Crypto selloff accelerates as global markets react to Bank of Japan rate hike and Fed uncertainty. Key Takeaways Bitcoin and Ether have significantly declined, with Bitcoin at $53K and Ether losing all year-to-date gains. Japan's rate hike has had a cascading effect on global markets, including significant drops in the Nikkei and Nasdaq. Bitcoin and ether prices plummet amid a broader market selloff, with BTC falling to $53K and ETH erasing 2024 gains as panic grips global financial markets following the Bank of Japan’s interest rate hike. The selloff accelerated during Sunday evening US hours, pushing Bitcoin to levels not...
New Cryptocurrency MoonTaurus Raised $100k Within Just Two Hours of the Presale’s Launch
London, England, July 24th, 2024, Chainwire MoonTaurus, the latest entrant in the cryptocurrency market, has made an impressive debut by raising $100,000 within the first two hours of its presale launch. As the presale continues, the team hopes excitement around MoonTaurus will increase, so it can be positioned as a significant player in the crypto market. MoonTaurus (MNTR) has quickly gained popularity among other memecoins due to its presale structure. The MNTR presale is structured in several tiers, with limited tokens availability in each stage and subsequent price increase. During the presale phase, the token is set to increase in...
Over $3.5 Billion In Token Unlocks Scheduled For July
July is set to witness a significant surge in altcoin supply emission, with over $3.5 billion worth of tokens scheduled for unlocking. This wave of unlocks is likely to impact the market, which has already shown difficulty in absorbing such substantial supply emissions. According to Token Unlocks, the largest token unlock this month will be $WLD, with a staggering $600 million worth of tokens being released. This accounts for 53.36% of its current circulating supply, making it the most substantial individual token unlock in July. $SOL is also seeing a notable unlock, with approximately $400 million worth of tokens being...
