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Extreme Fear Grips Crypto: What a 22 Fear & Greed Score Tells About Bitcoin’s Next Move
Yahoo Finance· 2025-10-17 09:26
Photo by BeInCrypto On October 17, 2025, the Crypto Fear & Greed Index plunged to 22 points, marking a state of “extreme fear” - the lowest level since April. What could this mean for the market? Historical data and analysts’ insights offer clues to the answer. Is October the Time to Be Greedy When Others Are Fearful? The Fear & Greed Index is calculated based on several factors: price volatility (25%), market momentum/trading volume (25%), social media sentiment (15%), surveys (15%), Bitcoin dominance ( ...
Gold Knocks Bitcoin by Becoming $30 Trillion Asset, Is “Uptober’” Rally Over?
Yahoo Finance· 2025-10-17 08:51
Core Insights - Gold has outperformed Bitcoin as a reserve asset, reaching new highs above $4,350 per ounce and achieving a valuation of $30 trillion, surpassing Nvidia by $25 trillion [1][2][3] - Bitcoin's price has decreased by 3% today, falling below $108,000, amid renewed U.S.-China trade tensions [1][5] - The demand for gold is at an all-time high, with a 60% increase in value in 2025, while Bitcoin faces selling pressure due to macroeconomic uncertainties [2][3] Gold's Performance - Gold has added over $11 trillion in value this year, reinforcing its status as a safe-haven asset during global economic uncertainty [3] - The current trading price of gold is $4,358 per ounce, reflecting strong demand [2] Bitcoin's Challenges - The imposition of 100% tariffs on China has negatively impacted Bitcoin and the broader crypto market, leading to a decline in prices [4][5] - Bitcoin has experienced a 13% drop so far this month, with potential for a further 30% correction, which could bring prices down to $90,000 [6] Market Dynamics - On-chain data indicates a decline in exchange reserves and an increase in stablecoin liquidity, which historically precedes late-month surges in Bitcoin prices [7]
[LIVE] Crypto News Today, October 17 – After Trump’s Speech, Crypto Market Crashes Further: Gold Price Hits ATH, Bitcoin Falls to $104K, ETH Below $3.7K — Is This the Best Crypto to Buy Opportunity?
Yahoo Finance· 2025-10-17 08:38
Market Overview - The crypto market experienced a decline, with total market capitalization falling 4.67% to $3.61 trillion, influenced by global uncertainty stemming from trade tensions between the U.S. and China [2][5] - Bitcoin traded near $104,900, down 5.3% in 24 hours and 12.18% over the week, while Ethereum slipped below $3,700, and other cryptocurrencies like Solana and Cardano declined between 7% and 9% [2] Investor Sentiment - The Crypto Fear & Greed Index dropped to 28, indicating a state of "Fear" among investors, while the average crypto RSI of 35.88 suggests oversold conditions across major assets [2] - Traders are questioning whether the current market correction presents a buying opportunity for cryptocurrencies before year-end [1] Gold Market Dynamics - Gold prices surged 3% to $4,380 per ounce, continuing a record-breaking rally as investors shifted towards safe-haven assets amid escalating U.S.-China trade tensions [3][4] - Gold has gained over 60% in 2025, driven by geopolitical uncertainty, expectations of Federal Reserve rate cuts, and strong central bank demand [4] ETF Market Activity - U.S. spot Bitcoin ETFs reported $536 million in net outflows on October 16, marking the largest single-day withdrawal since August, with no funds recording inflows [7] - Spot Ethereum ETFs saw $56.88 million in outflows, with only BlackRock's ETHA posting a small inflow [7]
Bain Capital, Apollo pile in as crypto companies raise $2.5bn in October
Yahoo Finance· 2025-10-17 07:53
Twenty-seven crypto companies raised over $2.5 billion in October, according to DefiLlama data. That brings the total funding for crypto companies to over $19 billion so far in 2025, outpacing 2024’s total by over $9 billion. And analysts say investment in the space is just heating up. PitchBook predicted that the industry will raise $18 billion this year. Investors from Galaxy Ventures and Codebase expect it to go even higher and that investors will plough over $25 billion into the industry in 2025. ...
Bitcoin Slips Below 200-day SMA as 10-Year Treasury Yield Hits Lowest Since April
Yahoo Finance· 2025-10-17 07:10
Bitcoin (BTC) continued to lose ground Friday, falling below a key average as risk stayed on the defensive, driving Treasury yields to multi-month lows. The leading cryptocurrency by market value fell below its 200-day simple moving average of around $107,500, extending losses to $106,900, CoinDesk data show. Prices were down 7% for the week, following the past week's 6.5% drop. Other tokens such as XRP, SOL and ETH also extended losses, taking their respective weekly declines to 9% to 12%. BTC's losses ...
Ripple Said to Lead $1B Fundraise to Bulk Up XRP Holdings Amid Fragile Market
Yahoo Finance· 2025-10-17 06:03
Ripple Labs is reportedly leading an effort to raise at least $1 billion through a special-purpose vehicle aimed at accumulating XRP, according to Bloomberg. The raise will be conducted via a special purpose acquisition company (SPAC), with funds held inside a new digital-asset treasury (DAT) structure. Ripple itself plans to contribute a portion of its own XRP holdings, per the report, though final terms remain under discussion. If completed, the move would represent one of the largest single fundraises ...
A top Fed official zeroes in on risks to financial stability posed by a booming corner of the crypto market
Yahoo Finance· 2025-10-17 02:18
Federal governor Michael Barr raised concerns about stablecoins. He acknowledged the benefits of innovation, but flagged risks related to "the fragility of private money." The stablecoin ecosystem within the wider crypto space has boomed this year. A top central bank official has some concerns about a booming corner of the cryptocurrency market. Speaking at DC Fintech Week on Thursday, Federal Reserve Gov. Michael Barr said he had some concerns about stablecoins and their effect on broader financi ...
Florida Pushes to Add Bitcoin and Crypto ETFs to State Pension Funds
Yahoo Finance· 2025-10-17 02:13
Lawmakers in Florida are looking to give the state a new kind of financial tool. A new proposal would allow pension funds and other public investment pools to put money into bitcoin and crypto exchange-traded funds. If passed, the state’s Chief Financial Officer and the State Board of Administration would be able to allocate up to 10 percent of these funds into digital assets. It’s a notable shift for a state that has typically stuck to traditional investment strategies. Jimmy Patronis Makes the First Mov ...
How Japan’s Crypto Insider Trading Ban Could Reshape Global Policy
Yahoo Finance· 2025-10-17 01:05
Japan is poised to rewrite the rules of crypto oversight, moving to curb crypto insider trading as part of a broader push to bring digital markets into its orbit. The country's Financial Services Agency plans to empower its market watchdog, the Securities and Exchange Surveillance Commission, to police illicit crypto trades, in a shift that could reshape global standards for market integrity. The framework is slated to be finalized this year and submitted to parliament by 2026. Once formalized, it would ex ...
Tom Lee Just Declared 'A Bubble Burst'—Will BitMine And Strategy Be Ok?
Yahoo Finance· 2025-10-16 23:31
Core Insights - The digital asset treasury (DAT) sector is losing momentum, with valuations collapsing and many firms trading below their underlying asset value, indicating a potential bubble burst [2][3][6] - BitMine Immersion Technologies Inc. aims to replicate the successful Bitcoin accumulation strategy of Strategy Inc. by holding Ethereum, with plans to increase its holdings to 5% of Ethereum's total supply [4][5] Group 1: Digital Asset Treasuries Overview - The DAT trend, which gained traction over the past two years, is now facing skepticism as investor appetite cools [2][5] - Many DATs are trading below the value of their cryptocurrency holdings, reflecting thin liquidity and reduced institutional demand [6][7] Group 2: BitMine Immersion Technologies Inc. - BitMine holds over three million ETH, approximately 2.5% of the total supply, and has a market capitalization exceeding $15 billion [4] - The company positions itself as a bridge between Wall Street and blockchain innovation, emphasizing Ethereum's role in tokenized assets and stablecoin settlements [4][5]