RT CoinDesk Data & Indices (@CoinDeskMarkets)The CoinDesk 20 is currently trading at 2025.84, up 0.2% (+3.37) since 4 p.m. ET on Friday.Seven of 20 assets are trading higher.Leaders: #BCH (+2.3%) and #SOL (+1.0%).Laggards: #APT (-5.3%) and #ICP (-3.6%).https://t.co/5qDlGS4sV2 ...

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🚨 BREAKING: The SEC officially classifies 16 crypto assets as DIGITAL COMMODITIES.$XRP $ETH $SOL $ADA $DOGE $AVAX $APT $BCH $HBAR $ALGO $LTC $DOT $SHIB $XLM $XTZ $LINKNot securities, not unregistered investments, not illegal.Like gold. Like oil. Like silver.Trade with ZERO fees at Poloniexhttps://t.co/FEKPTi1S97 ...

🚨 MORE: T. ROWE PRICE SEEKS TO EXPAND WALL STREET'S ALTCOIN PORTFOLIO: ALT SEASON INCOMING?The $1.8T asset manager's Amendment No. 2 lists 14 eligible assets: $BTC, $ETH, $SOL, $XRP, $ADA, $AVAX, $LTC, $DOT, $DOGE, $HBAR, $BCH, $LINK, $XLM, and $SHIB.The fund will actively hold 5 to 15 of those assets at any time, weighted by fundamentals, valuation, and momentum rather than market cap. It aims to outperform the FTSE Crypto US Listed Index on NYSE Arca under ticker $TKNZ.One of Wall Street's most establishe ...

🚨 🚨 🚨 140,000 #BCH (62,622,938 USD) transferred from unknown wallet to unknown wallethttps://t.co/KGdbuEowWo ...

Core Viewpoint - The cryptocurrency market is experiencing a significant downturn, with Bitcoin and other major cryptocurrencies seeing substantial price declines and a large number of liquidations occurring in the market [1][3]. Market Performance - Bitcoin's price has fluctuated, dropping below $63,000 multiple times, with a low of approximately $62,700 [1]. - In the past 24 hours, major cryptocurrencies have seen notable declines: BCH fell over 11%, while ETH, BNB, and DOGE also experienced significant drops [3]. - The current prices and percentage changes for major cryptocurrencies are as follows: - BTC: $63,171.09 (-4.75% in 24h) - ETH: $1,821.22 (-4.91% in 24h) - XRP: $1.328 (-4.63% in 24h) - BNB: $587.91 (-3.26% in 24h) - BCH: $480.70 (-11.38% in 24h) [4]. Liquidation Data - Over the last 24 hours, a total of 126,490 traders were liquidated, resulting in a total liquidation amount of $364 million [4]. - Breakdown of liquidation amounts includes: - 1-hour liquidation: $11.46 million - 4-hour liquidation: $24.30 million - 12-hour liquidation: $197 million - 24-hour liquidation: $364 million [5]. Market Sentiment and Analysis - Analysts from Ned Davis Research suggest that Bitcoin may have further downside potential, with a possibility of dropping to $31,000, representing a decline of about 55% from current levels [5]. - The recent downturn in Bitcoin is attributed to geopolitical and macroeconomic uncertainties, leading investors to shift from risk assets like Bitcoin to safer assets such as gold [5]. - A notable market shift is occurring, with traditional safe-haven assets like gold and silver rising, while cryptocurrencies are behaving more like speculative assets rather than safe-haven investments [6]. Regulatory Developments - The Federal Reserve has initiated a 60-day public comment period on a proposal to permanently remove "reputational risk" from banking regulations, which could alleviate the challenges faced by cryptocurrency businesses in accessing banking services [6].

Group 1 - The cryptocurrency market is experiencing a significant downturn, with Bitcoin's price fluctuating and dropping below $63,000, reaching a low of approximately $62,700 [1][4] - Major cryptocurrencies have seen substantial declines in the past 24 hours, with BCH dropping over 11%, and ETH, BNB, and DOGE also showing notable decreases [3][4] - In the last 24 hours, over 126,490 traders were liquidated, resulting in a total liquidation amount of $364 million [4] Group 2 - Analysts from Ned Davis Research suggest that Bitcoin may have further downside potential, with a possibility of falling to $31,000, which would represent a decline of about 55% from current levels [5] - The recent sharp decline in Bitcoin is attributed to geopolitical and macroeconomic uncertainties, leading investors to shift from risk assets like Bitcoin to traditional safe havens such as gold [5] - Concerns regarding the impact of artificial intelligence on the labor market have also contributed to market sell-offs, affecting both stock indices and the cryptocurrency market [5] Group 3 - The Federal Reserve has initiated a 60-day public comment period on a proposal to permanently remove "reputational risk" from banking regulations, which could alleviate the de-banking phenomenon affecting the cryptocurrency sector [6] - Cryptocurrency advocates believe this move will help end the so-called "Operation Chokepoint 2.0," a government-led initiative targeting the cryptocurrency industry [6]

Core Viewpoint - The cryptocurrency market is experiencing a significant downturn, with Bitcoin and other major cryptocurrencies seeing substantial price declines and a large number of liquidations occurring in the market [1][4]. Market Performance - Bitcoin's price has fluctuated, dropping below $63,000 multiple times, with a low of approximately $62,700 [1]. - In the past 24 hours, major cryptocurrencies have seen notable declines: BCH fell over 11%, while ETH, BNB, and DOGE also experienced significant drops [3]. - The current prices and percentage changes for major cryptocurrencies are as follows: - BTC: $63,171.09 (-4.75% in 24h) - ETH: $1,821.22 (-4.91% in 24h) - XRP: $1.328 (-4.63% in 24h) - BNB: $587.91 (-3.26% in 24h) - DOGE: $0.0912 (-5.29% in 24h) [4]. Liquidation Data - Over the last 24 hours, a total of 126,490 traders were liquidated, with a total liquidation amount of $364 million [4]. - Breakdown of liquidation amounts includes: - 1-hour liquidation: $11.46 million - 4-hour liquidation: $24.30 million - 12-hour liquidation: $197 million - 24-hour liquidation: $364 million [5]. Market Sentiment and Analysis - Analysts from Ned Davis Research suggest that Bitcoin may have further downside potential, with a possibility of dropping to $31,000, representing a decline of about 55% from current levels [5]. - The recent downturn in Bitcoin is attributed to geopolitical and macroeconomic uncertainties, leading investors to shift from risk assets like Bitcoin to safer assets such as gold [5]. - A notable market shift is occurring, where traditional safe-haven assets like gold and silver are rising, while cryptocurrencies are declining, indicating a change in market perception [6]. Regulatory Developments - The Federal Reserve has initiated a 60-day public comment period on a proposal to permanently remove "reputational risk" from bank regulatory rules, which could ease the de-banking phenomenon affecting the cryptocurrency sector [6]. - Proponents of cryptocurrency believe this regulatory change could alleviate challenges faced by legitimate cryptocurrency businesses in accessing banking services [6].

🚨 🚨 🚨 🚨 160,000 #BCH (88,819,815 USD) transferred from unknown wallet to unknown wallethttps://t.co/6jn0dKUPxc ...

RT CoinDesk Data & Indices (@CoinDeskMarkets)The CoinDesk 20 is currently trading at 1920.47, up 2.0% (+36.77) since 4 p.m. ET on Thursday.Eighteen of the 20 assets are trading higher.Leaders: $UNI (+5.4%) and $BCH (+5.3%).Laggards: $ICP (-2.1%) and $BNB (-1.1%).https://t.co/ZVp3iN6qdp ...