The cryptocurrency market faced a sharp corrective turn on Monday as Bitcoin failed to sustain a weekend rebound above $72,000, sliding back below the psychologically significant $70,000 level. This rejection has dragged the vast majority of major altcoins into negative territory, erasing approximately $70 billion from the total market capitalization in a single day. Amid the widespread retreat, WLFI emerged as a stark outlier, posting an 8% gain and defying the prevailing negative sentiment that has gripped the broader digital asset space.
about Bitcoin Dips Below $70K as Altcoins Retreat; WLFI Bucks TrendSkycoin
1 posts last weekBitcoin Struggles at $86K as Crypto Market Loses $30B Overnight
The cryptocurrency market faces renewed pressure as Bitcoin fails to sustain momentum above $88,000, dropping to $86,000 and dragging the total market capitalization toward the $3 trillion threshold after a $30 billion overnight decline. This bearish turn follows Bitcoin’s rejection from highs near $94,500 last week, casting uncertainty across major assets like Ethereum and XRP, while selective altcoins like Pi Network’s PI token show tentative signs of recovery amidst the broader slump.
about Bitcoin Struggles at $86K as Crypto Market Loses $30B OvernightBitcoin Rebounds from $84K Drop as Altcoins Face Sharp Corrections
The cryptocurrency market experienced another wave of volatility on Monday, with Bitcoin staging a dramatic recovery after briefly plunging below $84,000. While the primary cryptocurrency managed to claw back some losses, the broader altcoin market faced significant pressure, with privacy-focused coins like ZEC and XMR leading the declines. The total market capitalization, though still above the $3 trillion threshold, shed $150 billion over a short period, highlighting the fragile sentiment despite Bitcoin’s dominance climbing to 57.3%.
about Bitcoin Rebounds from $84K Drop as Altcoins Face Sharp CorrectionsBitcoin Reclaims $91K as Crypto Market Adds $130B
Bitcoin has staged a dramatic recovery, surging past $91,000 after a challenging week that saw it plummet to seven-month lows below $81,000. The cryptocurrency’s dominance over altcoins has strengthened significantly as it leads a broad market rebound, with the total crypto market capitalization reclaiming the $3.2 trillion mark after adding $130 billion in a single day.
about Bitcoin Reclaims $91K as Crypto Market Adds $130BSparkLend Integrates PayPal’s PYUSD, Hits $135M in Deposits
SparkLend’s integration of PayPal’s PYUSD stablecoin has rapidly attracted over $135 million in deposits, signaling a major inflection point for decentralized finance. This strategic partnership, forged after rigorous risk assessment, highlights the accelerating institutional demand for yield-bearing stablecoins and robust DeFi lending solutions. As the DeFi lending market surges over 70% year-to-date, the collaboration between SparkLend and PayPal positions PYUSD as a key player in the emerging ‘stablecoin 2.0’ era, where digital assets generate returns while maintaining crucial liquidity.
about SparkLend Integrates PayPal's PYUSD, Hits $135M in DepositsPayPal Boosts PYUSD Liquidity via Spark DeFi Partnership
In a significant move bridging traditional finance with decentralized protocols, PayPal has partnered with Spark to dramatically enhance liquidity for its PayPal USD (PYUSD) stablecoin. Since its August listing on Spark’s lending platform SparkLend, PYUSD deposits have surged past $135 million, signaling both institutional confidence and a strategic push into the DeFi ecosystem by the payments giant. This collaboration leverages Spark’s $8 billion-plus liquidity layer, marking one of the most substantial integrations between a major TradFi player and decentralized finance infrastructure to date.
about PayPal Boosts PYUSD Liquidity via Spark DeFi PartnershipEther Crashes to $4K, Analysts Predict $3,500 Bottom
Ether’s dramatic descent to $3,994 during Thursday’s Asian trading session marks its lowest point since early August, culminating in a 19% decline from its all-time high. The sharp correction, which has accelerated over the past week, comes amid a broader crypto market pullback that saw total capitalization dip below $4 trillion. Analysts are now forecasting a potential bottom around $3,500, pointing to oversold technical indicators and historical patterns following Ethereum’s epic 225% surge from April to August.
about Ether Crashes to $4K, Analysts Predict $3,500 BottomBinance Chain Overtakes Hyperliquid in Perpetual Volume
BNB Chain has surged past Hyperliquid in 24-hour perpetual trading volume, driven by newcomer DEX Aster. Validators are proposing a major gas fee reduction to enhance trader experience. Experts believe this shift represents a durable trend rather than a temporary spike.
about Binance Chain Overtakes Hyperliquid in Perpetual VolumeBitcoin Stalls at $113K as Fed Comments Rattle Crypto Markets
Bitcoin faced significant resistance at the $113,000 level during a volatile 24-hour trading session, with Federal Reserve Chairman Jerome Powell’s cautious economic commentary triggering a market-wide pullback. While major cryptocurrencies like Ethereum and Solana followed Bitcoin’s downward trajectory, standout performers including ASTER and Immutable defied the trend with double-digit gains. The overall cryptocurrency market capitalization declined 0.7% to $3.98 trillion as investors grappled with renewed economic uncertainty and Powell’s assessment that stock and asset prices appear “fairly highly valued.”
about Bitcoin Stalls at $113K as Fed Comments Rattle Crypto MarketsBitfinex Mobile App Update 7.16.0: New Features & Fixes
Bitfinex has launched version 7.16.0 of its mobile application, delivering a suite of user-requested improvements and critical bug fixes that enhance the trading experience for both iOS and Android users. This iterative update demonstrates the crypto exchange’s commitment to incorporating customer feedback into its development cycle, focusing on interface optimizations, trading functionality, and overall platform stability.
about Bitfinex Mobile App Update 7.16.0: New Features & FixesBitcoin Hits $117K, BNB ATH Before Fed Rate Decision
Bitcoin surged to a four-week high of $117,200 hours before the Federal Reserve’s key interest rate decision. BNB reached a new all-time high above $960, while most major altcoins showed limited movement. Market volatility is expected following the Fed’s announcement on potential rate cuts.
about Bitcoin Hits $117K, BNB ATH Before Fed Rate DecisionHyperliquid Stablecoin Bidders: OpenEden, BitGo Join Race
OpenEden, a real-world asset tokenization platform, and BitGo, a crypto infrastructure provider, have entered the bidding to issue Hyperliquid’s planned USDH stablecoin, bringing the total number of contenders to eight. Voting by Hyperliquid validators commenced on Thursday and will conclude on Sunday. The selected issuer will oversee Hyperliquid’s $5.9 billion stablecoin reserve, 95.56% of which is held in USDC, according to DefiLlama. Other participants in the race include Ethena, Paxos, Frax, Agora, Native Markets, and Sky, highlighting the growing interest and competition in the stablecoin issuance space within DeFi.
about Hyperliquid Stablecoin Bidders: OpenEden, BitGo Join Race