logo
Cryptocurrency Live News & Updates : BNB Falls Below 760 USDT Amid Market Decline

Cryptocurrency Live News & Updates : BNB Falls Below 760 USDT Amid Market Decline

Economic Times5 days ago
24 Jul 2025 | 02:15:13 AM IST
As of July 23, 2025, BNB has dipped below 760 USDT, currently trading at 757.81 USDT, reflecting a 2.38% decrease over the past 24 hours. In recent cryptocurrency news, BNB has experienced a decline, trading at 757.81 USDT, marking a 2.38% drop. Meanwhile, the White House is set to release a pivotal crypto policy report on July 30, which could reshape the regulatory landscape for digital assets in the U.S. This report may propose a Bitcoin reserve and enhanced access to the Federal Reserve's payment systems for crypto firms, aiming to clarify the industry's ambiguous regulatory environment. Additionally, Quid Miner has launched a mobile cloud mining app, simplifying the process of earning passive income from cryptocurrencies like Bitcoin and Dogecoin. On the institutional front, MultiBank.io has partnered with Fireblocks to tokenize $10 billion in real estate, making high-value properties accessible to a broader audience. Lastly, World Liberty Financial has teamed up with Vaulta to integrate its USD1 stablecoin into Web3 banking, aiming to provide compliant on-chain dollar transactions. These developments highlight the dynamic shifts occurring in the cryptocurrency landscape, from regulatory advancements to innovative financial solutions. Show more
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Copper Rises to Start Pivotal Week Ahead of US Tariffs Deadline
Copper Rises to Start Pivotal Week Ahead of US Tariffs Deadline

Mint

timea few seconds ago

  • Mint

Copper Rises to Start Pivotal Week Ahead of US Tariffs Deadline

Copper rose to kick off a critical week that includes a Federal Reserve meeting, a swathe of key economic data and the prospect of final details on imminent US tariffs on the industrial metal. The metal rose with other risk assets after the European Union and the US reached a deal that avoids a more catastrophic rupture between two major economies. The agreement comes ahead of a US-China meeting in Stockholm that's expected to extend a trade truce for 90 more days. Further important developments lie ahead this week. The Fed isn't expect to cut rates at the conclusion of its policy meeting on Wednesday, but its commentary will be scrutinized for clues on what comes next. There's also a deluge of US data from the latest on economic growth to jobs. But for copper, the most anticipated development should be the launch of US tariffs, the details of which are still unclear just days ahead of their start date. President Donald Trump's administration has said 50% levies on copper imports will start from this Friday, but hasn't so far confirmed important aspects of the duties. It's not clear which products will be covered, whether supplies from all nations will be hit equally, or how metal already on its way to US shores will be treated. Global traders have shipped massive amounts of copper to America to get ahead of tariffs, and Trump's announcement of an Aug. 1 deadline earlier this month triggered a last-minute scramble. Prices in the US are now much higher than those on the London Metal Exchange, but they don't fully reflect a 50% universal tariff rate on all exchange-traded copper. The premium now stands at about 31%. Copper rose 0.4% to $9,804 a ton on the LME as of 9:22 a.m. in London. Aluminum dropped 0.3% while zinc fell 0.7% and nickel was down 0.9% This article was generated from an automated news agency feed without modifications to text.

Bitcoin hovers near $120,000; Ethereum jumps over 3% amid strong ETF inflows
Bitcoin hovers near $120,000; Ethereum jumps over 3% amid strong ETF inflows

Economic Times

timean hour ago

  • Economic Times

Bitcoin hovers near $120,000; Ethereum jumps over 3% amid strong ETF inflows

Cryptocurrency markets surged, with Bitcoin nearing $120,000 and Ethereum leading altcoin gains, fueled by substantial ETF inflows. Ethereum's impressive performance has sparked talks of an "Ethereum season," potentially triggering broader altcoin rallies. Bitcoin is consolidating below resistance, while analysts eye macroeconomic factors and technical patterns for further upward momentum. Tired of too many ads? Remove Ads Crypto TrackerPowered By TOP COINS TOP COIN SETS BNB 73,887 ( 7.2 %) Buy Ethereum 3,36,591 ( 3.13 %) Buy XRP 283.32 ( 2.6 %) Buy Bitcoin 1,02,87,327 ( 0.66 %) Buy Tether 86.52 ( -0.02 %) Buy The cryptocurrency market traded higher on Monday, with Bitcoin inching closer to the $120,000 mark and Ethereum leading gains among of 12:15 pm IST, Bitcoin was up 1% at $119,493, while Ethereum surged 3.5% to $3,914, according to data from CoinMarketCap. The overall crypto market capitalisation rose 1.74% to $3.97 continued to outperform Bitcoin, adding to its recent strong performance. 'ETH jumped another 3.5% today, touching $3,900 and adding to its 59% surge over the past month,' said Shivam Thakral, CEO of BuyUcoin. 'Big money is pouring into Ethereum, with ETF inflows topping $2.2 billion last week—actually outpacing Bitcoin's numbers.'The bullish trend in Ethereum, backed by growing institutional interest, is prompting some market watchers to call this period an "Ethereum season" – a trend that has historically triggered rallies in other altcoins as altcoins also traded higher on Monday. BNB gained 6.7%, Avalanche 5%, Solana 3.3%, Dogecoin 2.6%, XRP 2.4%, Cardano 2%, and Chainlink 2.7%.Despite its recent rally, Bitcoin remains just shy of breaking above the $120,000 resistance level. 'Bitcoin continues to hover just shy of the $120,000 mark, catching its breath after bouncing back from its latest pullback,' Thakral said. Key support levels are currently at $116,411 and $115,000, while the next major resistance stands around $138, to Piyush Walke, Derivatives Research Analyst at Delta Exchange, 'Bitcoin has traded between $118,000 and $120,000 over the past two days. Momentum indicators like MACD and ADX are still positive, but overbought signals from Stochastic and Williams %R hint at potential short-term consolidation.'Sathvik Vishwanath, Co-Founder and CEO of Unocoin, noted that institutional inflows via ETFs remain a strong bullish driver. 'Bitcoin is consolidating just below $120K, forming a bullish cup-and-handle pattern,' he said. 'But strong overhead supply limits a breakout. If BTC manages to hold this range and volume picks up, a surge toward $130K is likely.'The recent price movement has also been supported by macroeconomic developments. Harish Vatnani, Head of Trade at ZebPay, said Bitcoin's rally above $119,000 coincided with easing geopolitical tensions after the U.S. and China agreed to delay mutual trade tariffs.'Bitcoin is now eyeing a daily close above its 10-day moving average, after rebounding from the $114,500 zone,' Vatnani added. He also pointed out that BTC recently made a new all-time high of $123,218 before pulling back to its current range between $120,500 and $115,500, where it's forming a potential bullish flag pattern. A breakout above $125,000 could lead to another leg up.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Gold at 2-week low ahead of Fed meet. Will it fall below Rs 98k? Check what analysts say
Gold at 2-week low ahead of Fed meet. Will it fall below Rs 98k? Check what analysts say

Economic Times

timean hour ago

  • Economic Times

Gold at 2-week low ahead of Fed meet. Will it fall below Rs 98k? Check what analysts say

Gold prices dropped to their 2-week low at Rs 98052/10 grams, up by Rs 223 or 0.24%, with a slightly positive bias as investors awaited the Federal Reserve's policy outcome on Wednesday, although optimism around a potential trade deal limited the metal's appeal. ADVERTISEMENT Meanwhile, silver July futures contracts also mirrored the sentiment, trading higher by 0.25% or Rs 278 at Rs 1,13,330/kg. On Friday, gold and silver settled on a weaker note in the domestic and international markets. Gold August futures contract settled at Rs 97,819 per 10 grams with a loss of 0.92% and silver September futures contract settled at Rs 1,13,052 per kilogram with a loss of 1.81%. Gold and silver showed heavy profit taking last week amid a rebound in the dollar index and the U.S. and Japan trade deal. The dollar index rebounded ahead of the Fed monetary policy meetings and triggered profit taking in precious metals. The US-Japan trade deal also increased hopes for the US-EU trade deal before U.S. tariff deadline of 1st August and also pushed gold and silver prices lower.'The U.S. trade tariff uncertainty and geopolitical tensions are supporting gold and silver prices at lower levels. The U.S. trade deal with numerous countries before the tariff deadline of 1st August looks impossible and recent tensions between Thailand and Cambodia could support precious metal prices,' said Manoj Kumar Jain of Prithvifinmart Commodity the US Dollar Index, DXY, was hovering near the 97.73 mark, gaining 0.09 or 0.09%. ADVERTISEMENT 'We expect gold and silver prices to remain volatile this week amid volatility in the global financial markets, the Fed monetary policy meeting and the U.S. trade tariff deadline but gold prices could hold its support level of $3,240 per troy ounce and silver prices could also hold $36.40 per troy ounce levels on a weekly closing basis,' he added. ADVERTISEMENT Gold has support at Rs 97,440-97,100 and resistance at Rs 98,280-98,600 has support at Rs 97,440-97,100 and resistance at Rs 98,280-98,600 Silver has support at Rs 1,12,200-1,11,000 and resistance at Rs 1,14,000-1,15,115 Jain suggests buying gold around Rs 97,700 with a strict stop loss of Rs 97,380 for a target of Rs 98,300. ADVERTISEMENT Standard gold (22 carat) prices in Delhi stand at Rs 57,872/8 grams while pure gold (24 carat) prices stand at Rs 61,760/8 gold (22 carat) prices in Mumbai stand at Rs 57,528/8 grams while pure gold (24 carat) prices stand at Rs 61,384/8 grams. ADVERTISEMENT Standard gold (22 carat) prices in Chennai stand at Rs 56,808/8 grams while pure gold (24 carat) prices stand at Rs 60,400/8 gold (22 carat) prices in Hyderabad stand at Rs 57,096/8 grams while pure gold (24 carat) prices stand at Rs 60,808/8 grams. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store