

De-fi
Bitcoin, Ethereum Continue to Slide Amid Renewed Inflation Fears – Crypto News
Traders gear up for a week filled with corporate earnings, key job reports, and a Fed meeting.
Crypto markets continue to drift lower on renewed US inflation fears after last week’s GDP data showed the US economy grew last quarter at the slowest pace in two years.
Bitcoin (BTC), the world’s largest cryptocurrency, is trading near $63,000, down 2.5% over the last 24 hours, according to CoinGecko. Ether (ETH) is also down by 3%, trading at $3,150. The global crypto market cap stands at $2.31 trillion.
Michael Van de Poppe, CEO and founder of MN Trading, told The Defiant that the crypto markets still show signs of boredom.
“There’s a glimmer of hope with ETH bouncing upwards, but it needs to maintain this momentum and continue rallying. I remain optimistic, expecting it to outperform BTC,” he said.
ETH fees drop to a 6-month low
Meanwhile, gas fees on the Ethereum network have plummeted to a six-month low. According to social analytics firm Santiment, the average fee for an Ethereum transaction dropped to $1.12 on April 27.
“Traders historically oscillate between sentimental cycles of believing that crypto is going ‘To the Moon’ or that ‘It Is Dead’, which is reflected in transaction fees, ” the firm tweeted.
US economic growth falls short of expectations
Last week’s U.S. GDP report revealed that the economy grew 1.6% in the first quarter, well below the forecasted 2.4% and the 3.4% growth seen in the last quarter of 2023.
On Monday morning, S&P 500 futures inched higher by 0.3%. The Dow Jones Industrial Average futures gained 0.2%, while Nasdaq 100 futures rallied 0.4%.
Traders anticipate a week packed with corporate earnings, crucial labor data, and a highly anticipated Federal Reserve meeting. Later in the week, all eyes will be on monetary policy as the Fed will release its latest interest rate decision on Wednesday.
Veteran trader says the bull market may be over
Peter Brandt, a veteran trader, believes there is a possibility that Bitcoin may have already topped this cycle based on an “exponential decay” pattern.
Brandt’s current view sharply differs from his earlier forecast in February, where he suggested that the bull market might continue until September 2025, potentially driving prices up to $200,000.
-
Blockchain1 week ago
Change In US Crypto Laws May Affect Charges In Do Kwon’s Criminal Case – Crypto News
-
others1 week ago
Gold retreats while Fed Powell and President Trump clash over interest rates – Crypto News
-
Technology1 week ago
Branded smartwatches under ₹5000 for style and functionality: Top 10 picks for everyday wear – Crypto News
-
Blockchain1 week ago
Best Crypto to Buy as Polymarket Nears $1B Valuation – Crypto News
-
others1 week ago
Tariffs may be adding a quarter of a percentage point to inflation right now – Crypto News
-
Technology1 week ago
Best laptops under ₹40,000 (June 2025) with latest processors, SSD storage, and Windows 11 features, Top 10 picks – Crypto News
-
Technology1 week ago
Top 10 air coolers for monsoon: Handpicked products for effective cooling from trusted brands – Crypto News
-
Cryptocurrency1 week ago
SHIB Price Prediction for June 26 – Crypto News
-
Cryptocurrency6 days ago
Friday charts: Retail is one-upping Wall Street – Crypto News
-
Cryptocurrency1 week ago
Bitcoin rallies to $106K on Mideast ceasefire news; Circle shares continue explosive climb – Crypto News
-
Cryptocurrency1 week ago
What next for XRP after breaking above the $2.15 resistance? – Crypto News
-
Technology1 week ago
US judge rules Anthropic’s use of books for AI training is fair use: All you need to know – Crypto News
-
Blockchain1 week ago
Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align – Crypto News
-
others7 days ago
EUR/JPY steadies near 169.00 as traders await the next catalyst – Crypto News
-
Blockchain1 week ago
Bearish Breakdown Meets Bullish Flag, Which Will Prevail? – Crypto News
-
Blockchain1 week ago
Bearish Breakdown Meets Bullish Flag, Which Will Prevail? – Crypto News
-
Blockchain1 week ago
Cutting Block Times To Boost Performance – Crypto News
-
others1 week ago
Bank of America, Netflix and Apple Customers Targeted by Widescale Google Search Scams: Report – Crypto News
-
Technology1 week ago
OpenAI and Jony Ive’s AI hardware ambitions hit roadblock over trademark dispute: Report – Crypto News
-
Technology1 week ago
Turkey plans stricter crypto rules to fight money laundering – Crypto News
-
others1 week ago
Winnebago Industries (WGO) tops Q3 earnings estimates – Crypto News
-
Cryptocurrency1 week ago
US Housing Chief Orders Fannie Mae, Freddie Mac to Prepare for Crypto Assessment in Mortgages – Crypto News
-
others7 days ago
AI-Focused Layer-1 Blockchain Altcoin SAHARA Flames Out Following New Binance Listing – Crypto News
-
Cryptocurrency6 days ago
TRON price forecast as USDT supply surpasses $80 billion – Crypto News
-
others1 week ago
Indian Rupee recovers as Oil falls post Iran strike, Fed dovish signals limit US Dollar strength – Crypto News
-
others1 week ago
US stocks downplay Iran retaliation concerns as indices edge higher – Crypto News
-
Blockchain1 week ago
Taker Buy Volume Spikes Sharply – Crypto News
-
Cryptocurrency1 week ago
Solana-based StarFun lets projects raise capital with crypto – Crypto News
-
De-fi1 week ago
Synaptogenix Acquires Bittensor’s TAO for AI Crypto Treasury – Crypto News
-
others1 week ago
Right now, we’re in watch and wait mode – Crypto News
-
De-fi1 week ago
Barclays to Ban Crypto Purchases via Credit Card – Crypto News
-
De-fi1 week ago
Sei Soars 70% as Wallet Growth and On-Chain Activity Hit New Highs – Crypto News
-
Technology1 week ago
Microsoft launches Mu AI model for smart local tasks on Windows PCs – Crypto News
-
Cryptocurrency6 days ago
Vodafone Share Price Tests 78p Ahead of July Earnings, Is a Breakout Imminent? – Crypto News
-
others6 days ago
USD/INR drops to two-week low as Rupee gains on weak US Dollar – Crypto News
-
others1 week ago
Bitcoin (BTC) and Ethereum (ETH) Lead $1,240,000,000 of Inflows to Crypto Products Despite Geopolitical Tensions: CoinShares – Crypto News
-
others1 week ago
German IFO Business Climate Index rises further to 88.4 in June vs. 88.3 expected – Crypto News
-
others1 week ago
Jerome Powell testifies Fed is well-positioned to wait to learn more about economy – Crypto News
-
Blockchain1 week ago
Aptos and Jump Crypto Launch Shelby, a Web3 Cloud Storage Platform – Crypto News
-
De-fi1 week ago
Dragonfly-Backed Codex Launches Blockchain for Stablecoins with Native USDC Support – Crypto News
-
Technology1 week ago
US judge rules Anthropic’s use of books for AI training is fair use: All you need to know – Crypto News
-
others1 week ago
United States 2-Year Note Auction fell from previous 3.955% to 3.786% – Crypto News
-
Blockchain1 week ago
Many Senators Absent From ‘Bipartisan’ Crypto Market Structure Hearing – Crypto News
-
Blockchain1 week ago
Bunker Buster: Ethereum Titans Stake $100 Million Amid US-Iran Hostilities – Crypto News
-
others1 week ago
Australian Dollar advances as US Dollar struggles following Israel-Iran ceasefire – Crypto News
-
Cryptocurrency1 week ago
BTC holds $106K; analysts point to institutional integration, on-chain innovation – Crypto News
-
Cryptocurrency1 week ago
XRP crashes 12.5% in TVL, ETF delay and war fears trigger selloff – Crypto News
-
others1 week ago
Employee at Billion Dollar Bank Embezzles $44,000 From Customer Accounts Before Being Banned From Industry – Crypto News
-
Cryptocurrency1 week ago
Risk-on in Solana, even as ceasefire cools tensions – Crypto News
-
Blockchain1 week ago
Breakout To $2,800 Or Crash To $2,000? – Crypto News