Altcoin Market Weakens as Risk-Off Trade Favors Bitcoin and Ethereum
Altcoin bulls retreat as risk-off trade sends capital into Bitcoin and Ethereum amid declining market confidence. Market makers and institutional investors now show renewed preference for major crypto assets, while lower-cap altcoins continue to suffer heavy capital outflows. According to a recent analysis by crypto market maker Wintermute, altcoins are experiencing increased capital flight due […]
Bitcoin’s price rose to $95,000 as U.S. spot BTC ETFs report inflows of $753 million
On Wednesday, Bitcoin surpassed the $95,000 threshold due to robust demand for spot exchange-traded funds and a reduction in futures selling pressure, which stabilized market sentiment following weeks of significant volatility. As of the latest update, Bitcoin was trading for approximately $95,033, reflecting a 3.2% increase in the last 24 hours. The asset has increased […]
Bitdeer Overtakes MARA as World’s Largest Bitcoin Miner by Hashrate
Bitdeer surpasses MARA Holdings to become the largest Bitcoin miner by aggregate hashrate, reaching 71 EH/s and expanding into AI and high-performance computing. Bitdeer Technologies Group has officially surpassed MARA Holdings to become the world’s largest Bitcoin mining company by total hashrate. Total hashrate represents the combined computing power a company uses for mining, including […]