Kaum eine Kryptowährung stand in den vergangenen Jahren derart unter Beschuss vonseiten der amerikanischen Regierungsbehörden wie Ripple. Dessen Coin XRP sei ein Wertpapier und daher von Beginn an genehmigungspflichtig gewesen, argumentierte die amer

The Bitcoin price has been somewhat quiet since hitting its all-time high of $108,135, struggling to hold a six-figure valuation for long. Case in point — the premier cryptocurrency barely lasted a day above $100,000 before crashing to under $92,000

As per the latest insights from CryptoQuant, Bitcoin $BTC MVRV ratio signifies that the price is far from being overstretched in comparison with the cost basis.

The surge was likely driven by the U.S. Federal Reserve’s 50-basis-point interest rate cut, Head of Research James Butterfill said.

A 25-basis-point Fed rate cut next week could trigger a sell-the-news reaction for risk assets like bitcoin, according to an economist.