Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Crypto

Bitcoin drops 5%, Ether falls 9.62%

Bitcoin drops 5% to $78,892.92, while Ether falls 9.62% to $1,617.65 amid market decline.

Published

on

Bitcoin drops 5% to $78,892.92, while Ether falls 9.62% to $1,617.65 amid market decline.

In Short

Bitcoin declined by 5% to $78,892.92, while Ether fell by 9.62% to $1,617.65 amid ongoing market pressures. I

nvestors are urged to stay informed as the volatile situation continues to affect cryptocurrency confidence and strategies.

Bitcoin was last recorded down 5% at $78,892.92 on Sunday.

The decline occurred at 1855 GMT.

This significant downturn saw Bitcoin, the largest cryptocurrency by market value, facing ongoing market pressures.

As of 8:10 PM UTC, its value stood at $79,632.61, reflecting a drop of $3,297.25 or 3.98%. Ether, the second largest cryptocurrency, experienced a more pronounced decrease of 9.62%, trading at $1,617.65 at 1859 GMT.

These fluctuations indicate a challenging day for cryptocurrencies overall.

The market is closely monitored as investors assess the impacts of current economic conditions on the cryptocurrency landscape.

Challenges remain

Such declines can lead to increased scrutiny and cautious approaches among traders. Reports highlight the volatility that has characterised the cryptocurrency market for some time.

Investors are advised to stay informed about market trends and developments.

Any further shifts in the global economic climate may continue to influence these cryptocurrencies.

As the market opens, analysts will be watching closely for recovery signals or additional declines. The evolving situation underscores the importance of understanding market dynamics when engaging with cryptocurrencies.

Continued fluctuations could affect investor confidence going forward.

This latest move emphasizes the need for strategic planning among cryptocurrency investors. The cryptocurrency market remains unpredictable, warranting careful consideration of investment choices.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Crypto

Morgan Stanley files for Bitcoin, Solana, and Ethereum ETFs

Published

on

Morgan Stanley has officially entered the US crypto ETF market with filings for Bitcoin, Solana, and Ethereum exchange-traded products. This marks the bank’s first direct push into digital assets, signalling a broad strategy rather than a single-product experiment.

The filings detail that the Solana ETF will include a staking component, allowing investors to earn yield from network participation. Each trust will hold the underlying crypto assets and will be managed by Morgan Stanley Investment Management, according to regulatory documents.

This move comes amid growing competition in the traditional asset management sector, as Morgan Stanley continues to expand crypto access for clients. Last year, the bank opened limited exposure to digital assets through its wealth management division, and now it is taking a more comprehensive approach.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#MorganStanley #BitcoinETF #EthereumETF #SolanaETF #CryptoInvesting #DigitalAssets #CryptoNews #Ticker

Continue Reading

Crypto

Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

Published

on

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.


The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.

Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Crypto

Bitcoin rally raises sustainability fears

Bitcoin surges past $124K, gaining $1,300 in 24 hours, but analysts warn of fading momentum amid weakening network activity.

Published

on

Bitcoin surges past $124K, gaining $1,300 in 24 hours, but analysts warn of fading momentum amid weakening network activity.


Bitcoin has surged past $124,000, adding more than $1,300 in just 24 hours, one of its strongest rallies this quarter.

But analysts warn the momentum could be fading, as on-chain data shows network activity weakening despite rising prices.

#bitcoin #money #bitcoinsurge #tickernews


Download the Ticker app

Continue Reading

Trending Now