Markets Archives - letscout

Why is crypto down today? Trump-Musk fallout rattles sentiment, Dogecoin drops 20%

The crypto market slid sharply on Friday, June 6, shedding 5% over the past 24 hours as rising political tensions between President Donald Trump and Elon Musk sent investor confidence tumbling.

Last updated 3 mins ago

Ethereum is Trading -7.70% Below Our Price Prediction for Jun 11, 2025

is trading at $ 2,454.19 after losing -6.50% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -4.62% in the same time period. ETH...

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Fed rate cut decision to ‘impact heavily’ on if Bitcoin hits $112K: Analyst

The US Federal Reserve cutting interest rates earlier than the market expects could drive Bitcoin back up toward $112,000, says a market analyst.

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XRP drops toward critical $2 resistance — will these short-term catalysts trigger a bounce?

XRP is trading near a crucial support level at $2.12, down 4% in the past 24 hours, as widespread market turmoil weighs on sentiment and price momentum.

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Switzerland greenlights sharing crypto tax info with 74 nations

Switzerland is moving forward with plans to automatically share crypto-related data with 74 partner countries, including the United Kingdom and all European Union member states.

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Japan’s ‘Strategy,’ Metaplanet, to buy 91K Bitcoin in next 18 months

Metaplanet, also known as Japan’s Strategy, has updated its Bitcoin acquisition plans to acquiring 100,000 BTC by the end of 2026.

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Pakistan’s crypto minister joins NYC mayor, Wall Street in Bitcoin talks

Pakistan Minister of State for Crypto and Blockchain Bilal Bin Saqib is likely looking to collaborate with Wall Street.

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Bitcoin gets sub-$100K price targets with RSI ’a week away’ from new lows

Key points:

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Bitcoin ETFs bleed on Trump-Musk fallout as sentiment turns to fear

Bitcoin exchange-traded funds (ETFs) in the United States turned red amid worsening sentiment stemming from an ongoing feud between US President Donald Trump and billionaire Elon Musk.

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Yuga Labs looks to replace ‘unserious’ ApeCoin DAO with new ApeCo entity

Yuga Labs is pushing to overhaul the ApeCoin ecosystem with a proposal to shut down the ApeCoin decentralized autonomous organization (DAO) and replace it with a new management entity called ApeCo.

Last updated 3 mins ago