- CoinGape's Newsletter
- Posts
- Top Stories of The Day
Top Stories of The Day
CoinGape Media
August 04, 2024
Top Stories of The Day
Cardano price falls within the confines of a falling wedge, hinting at an incoming breakout but declining network activity seems to be the biggest stumbling block.
The crypto landscape quickly turned red as Bitcoin extended the correction from $70,000 to close in on $60,000. Altcoin majors like Ethereum, Solana, XRP, and Toncoin followed as headwinds intensified, reflecting a weakening technical structure for Cardano’s price this weekend.
Cardano faces external geopolitical tensions and dwindling sentiment even as chances of several rate cuts expected in 2024 shrink due to fears of a recession in the United States.
AAVE and Curve DAO tokens prices demonstrate remarkable resilience in a correcting market with emerging reversal patterns and growth in on-chain metrics.
This week, the crypto market witnessed a notable correction following the pioneer digital asset Bitcoin. From Monday’s peak of $70000, the BTC price is 11.6% to trade at $61862, bolstering a fresh correction trend in most major altcoins. However, despite the renewed correction sentiment, the DEFI token AAVE and Curve Dao price showed notable resilience and continued to develop their reversal pattern to bolster further recovery.
The crypto market crash today led to a 4% decline in the overall market capitalization as traders initiated panic selling owing recession fears and broader economic uncertainty.
Today’s cryptocurrency market has witnessed a dramatic downturn, with Bitcoin (BTC) plummeting and Ethereum (ETH) extending below $3,000. Furthermore, other altcoins also suffered a similar trajectory. In addition, fear, uncertainty, and doubt (FUD) mounted owing to fears of recession. Here are the five reasons for today’s crypto market crash
Donald Trump Jr. challenges VP Kamala Harris to the FOX News debate, following his father's agreement, fueling discussions over the 2024 presidential election.
In a recent X post, Donald Trump Jr. has fueled discussions with his challenge to Vice President Kamala Harris to attend the debate on FOX News. This update comes just after the former US president, Donald Trump, has agreed to a debate with Harris on the media network. The recent bold stance by his son to challenge Harris has gained notable attention from the market participants.
Bitcoin critic Peter Schiff has recently posted on X, deeming Kamala Harris as one of the potential reasons why the U.S. stock market crashed.
Bitcoin critic Peter Schiff’s recent remarks in the wake of the Kamala Harris vs Donald Trump saga have scoped in on a very peculiar aspect. Today, the cryptocurrency critic took to X, deeming the Democratic Party Vice President to be one of the potential reasons why the stock market crashed. Moreover, he also spotlighted how the Vice President’s betting odds against Trump are gradually gaining traction.
Meanwhile, the United States saw quite a bustle nationwide following the recent release of recent jobs data post-unchanged interest rates in FOMC.
Vice President Kamala Harris has rejected the Fox News Debate proposal with Donald Trump, however, not backing out of earlier schedules
The campaign organization of the United States Vice President Kamala Harris has bluntly rejected the Fox News Debate proposition from the Donald Trump camp. The conversations around Presidential debates remain one of the most controversial subjects in the US political scene at the moment. With Americans yearning to hear their preferred candidates speak, the time and place remain the bone of contention at the moment.