Here is what happened yesterday in the crypto market:
Bitcoin’s Struggles: Worst Quarter in a Decade
Bitcoin experienced its worst first quarter in ten years, dropping 11.7% amid market uncertainty about economic policies. Read more
ARK Invest Increases Coinbase Stake Amid Market Downturn
Cathie Wood’s ARK Investment Management bought over 83,000 shares of Coinbase during the recent market sell-off, increasing its exposure to the crypto exchange. Read more
Bond Market Signals Potential Bitcoin Trouble
Widening credit spreads in the bond market could foreshadow a potential decline for Bitcoin, similar to what occurred during the yen carry trade unwind in August 2024. Read more
Bitcoin’s Price Drop Reflects Stock Market Fears
Bitcoin’s price fell below $80,000 as stock market crash fears emerge, with potential links of the US president’s tariffs. Read more
Stablecoins Key to US Dollar Dominance
According to LayerZero Labs CEO, stablecoins are crucial for maintaining the US dollar’s global financial dominance. Read more