A sentiment index that tracks crypto markets changed to “fear” early Monday as ETH recorded its worst single-day drop since May 2021.
A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.
Japan’s Nikkei fell more than another 6% early Monday, bringing that index’s three-day decline to about 15%.
Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend.
Former President Donald Trump shared some more thoughts on his recent crypto crush, and the campaign for Kamala Harris responded as it often has: It shared Trump’s own words.
The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income.
The broker raised its year-end price target for the software company to $2,150 from $1,875.
The French regulator has in the past welcomed crypto companies to register with it.
Likely also hitting prices was the movement of nearly $2 billion of BTC and ETH in wallets linked with Genesis Trading.
The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.
