Bitcoin briefly slumps below $63,000 after hitting $73,000 last week

Bitcoin extended its slide on Tuesday, dropping more than $10,000 from its all-time high last week. The flagship cryptocurrency was last lower by 5% at $63,460.33, according to Coin Metrics. Last week, it climbed to a record $73,679. The move helped drag other cryptocurrencies lower. Ether lost more than 5% and was recently trading at … Read more

Bitcoin breaks below $39,000 as post-ETF tumble continues

Bitcoin extended its recent declines on Tuesday, falling further below $40,000 to its lowest level since the beginning of December. The price of the cryptocurrency was last lower by 3% at $38,767.10, according to Coin Metrics, adding to its 4% loss from the previous day, when the coin briefly dipped below $40,000 for the first … Read more

Bitcoin briefly dips below $40,000 for the first time this year

Cemile Bingol | Digitalvision Vectors | Getty Images Bitcoin extended its losses on Monday, dipping below $40,000 for the first time this year and pulling the rest of the crypto market down with it. The price of bitcoin was last lower by 3.9% at $40,052.76, according to Coin Metrics. Earlier, it fell to $39,414.80, its … Read more

Crypto firm Ripple explored IPO outside U.S. but won’t go public soon

DAVOS, Switzerland — Ripple explored markets outside the U.S. for its initial public offering, CEO Brad Garlinghouse told CNBC, blaming a “hostile” regulator. However, the firm has put any plans for an IPO on hold for now, Garlinghouse said. Garlinghouse told CNBC in 2022 that Ripple, the company behind the cryptocurrency XRP, will explore a public … Read more

Bitcoin gives back new year rally gains as traders weigh ETF decision

Bitcoin reversed its new year rally as investors weighed the Federal Reserve’s policy outlook and stayed on alert for updates on the looming bitcoin exchange-traded fund decision. The price of bitcoin was last lower by more than 4% at $42,685.85, according to Coin Metrics. Earlier in the day, it fell as much as 6%, giving … Read more

Bitcoin shows wild side again, dropping $3,000 in minutes over weekend

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Bitcoin fell Monday as investors took profits after its December rally. The price of the cryptocurrency was recently lower by more than 7% at $40,895.04, according to … Read more