Cryptocurrency Live News & Updates : Bitcoin (BTC) Falls Below 105,000 USDT
16 Jun 2025 | 02:00:12 AM IST
As of June 15, 2025, Bitcoin has dipped below 105,000 USDT, currently trading at 104,979.53 USDT, reflecting a modest 0.61% increase over the past 24 hours. Bitcoin's recent decline below 105,000 USDT highlights ongoing volatility in the cryptocurrency market. Meanwhile, Ethereum (ETH) is showing resilience, trading at $2,542 with a 1.89% increase, bolstered by institutional interest and a report positioning ETH as essential digital infrastructure. The rise of corporate Bitcoin treasuries is also notable, with companies accumulating significant BTC holdings, raising concerns about centralization. Initiatives like 'Hash Over Cash' aim to bridge access gaps in crypto, focusing on workforce reintegration for formerly incarcerated individuals. Ripple's XRP is under scrutiny as it navigates a potential $50 million settlement with the SEC, with mixed market signals suggesting a cautious outlook. Overall, the market is experiencing a blend of bullish sentiment and skepticism, as institutional engagement grows alongside concerns about the implications of corporate ownership and the evolving landscape of cryptocurrency regulation. Show more
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
3 hours ago
- Business Standard
Stock Market LIVE Updates: Sensex rises 600pts; Nifty above 24,900; Nifty IT up 1%; SMIDs rise
Sensex Today | Stock Market LIVE on Monday, June 16, 2025: In the broader markets, the Nifty MidCap index and the Nifty SmallCap index declined up to 1.5 per cent 11:41 AM Stock Market LIVE Updates: Crypto market update: Here's how Bitcoin, Ethereum, others are faring today Stock Market LIVE Updates: The crypto markets were showing signs of recovery after a recent correction attributed to ongoing geopolitical uncertainties. Bitcoin (BTC), the flagship digital asset, held firmly above the $106,400 level after briefly dipping to $103,200. Market analysts noted that investor confidence remains favourable, driven by consistent institutional inflows through Exchange Traded Funds (ETFs). As of 10:45 AM on Monday, June 16, 2025, Bitcoin was trading at around $106,429.95, up 0.81 per cent. Over the past 24 hours, BTC moved within a range of $104,519.88 to $106,477.76, with a trading volume of $40.14 billion. Its market capitalisation stood at $2.11 trillion, retaining its position as the world's largest cryptocurrency by market value, according to CoinMarketCap. 11:25 AM Stock Market LIVE Updates: MSCI rejig: Swiggy, Mazagon Dock among 4 entrants; $850 mn inflows likely Stock Market LIVE Updates: Swiggy Ltd., Mazagaon Dock Shipbuilders Ltd., Hitachi Energy India Ltd. and Waaree Energies Ltd. are the four stocks that could be added to the MSCI Indexes in the upcoming review this August, according to JM Financial. The MSCI India Standard Index rebalancing will be announced on August 7 after market hours, the brokerage said in a note. The August 2025 rejig may include up to four additions, drawing estimated inflows of $850 million, it added. The changes will take effect from August 27. Swiggy is the only 'high' probable stock that could enter the global index aggregator's MSCI India Standard Index. The counter of the food delivery giant has recently come under focus as Rapido is gearing up to enter the food delivery space. Rapido is expected to charge a commission rate of 8-15 per cent from restaurant partners, which is significantly lower than Zomato and Swiggy's 21–22 per cent blended rates. READ MORE 11:07 AM Stock Market LIVE Updates: Vi survival in doubt as govt rules out equity swap, plans payment relief Stock Market LIVE Updates: The government is preparing a relief package for Vodafone Idea (Vi) but is facing concerns over the company's ability to stay afloat unless its pending spectrum usage charges are waived, according to a report by The Economic Times. There are no plans to convert any more of these dues into equity, as this would raise the government's stake in Vi beyond the current 49 per cent, the report said. One idea is to let Vi clear its adjusted-gross-revenue (AGR) arrears over 20 years instead of the six-year window fixed after the Supreme Court ruling. 'Extending the tenure of AGR payments from the scheduled six annual instalments of ₹18,064 crore to over 20. Despite this, the long-erm sustainability of the company remains in doubt,' an official said, as quoted by the report. READ MORE 10:33 AM Stock Market LIVE Updates: Benchmarks at day's high, SMIDs recover Stock Market LIVE Updates: Equity markets are volatile today witht the BSE Sensex and the NSE Nifty50 swinging between gains at losses, At 10:30 AM, BSE Sensex was at 81,42, up 333 points or 0.41 per cent. The Nifty50, on the other hand, was at 24,851, up 133 points or 0.54 per cent. This was the highest level for both the indices, so far, in the trade. In the broader markets, the Nifty MidCap, and SmallCap indices were trading up to 0.23 per cent lower after falling over 1 per cent earlier today.
Economic Times
4 hours ago
- Economic Times
Bitcoin holds above $106k amid geopolitical jitters; Solana, Hyperliquid jump up to 7%
Bitcoin and other cryptocurrencies showed recovery on Monday. The crypto market capitalisation increased. Bitcoin traded higher at $106,273, and Ethereum also gained. Altcoins demonstrated strength. Bitcoin recovered after a dip, facing resistance at $106,750–$107,500. Ethereum bounced back, targeting $2,720–$2,880. Experts anticipate regulatory updates to influence market direction. Tired of too many ads? Remove Ads Crypto TrackerPowered By TOP COINS TOP COIN SETS Solana 13,520.38 ( 6.5 %) Buy Ethereum 2,24,350 ( 2.16 %) Buy XRP 187.81 ( 0.92 %) Buy BNB 56,317 ( 0.59 %) Buy Bitcoin 91,69,563 ( 0.42 %) Buy Tired of too many ads? Remove Ads Bitcoin and other major cryptocurrencies traded higher on Monday morning, recovering from recent volatility triggered by geopolitical tensions . The overall crypto market capitalisation rose by 0.87% to $3.31 trillion, according to 10:32 am IST, Bitcoin was trading 0.63% higher at $106,273, while Ethereum gained 1.35% to $2,575. Altcoins also showed strength, with Solana surging 7.2%, Hyperliquid up 6.8%, and Cardano rising 1.5%. Other tokens like XRP, Sui, and Chainlink posted gains of 1%–2.3%."Bitcoin is trading above $105,800, eyeing a breakout past the $106,000 resistance," said Edul Patel, Co-founder and CEO of Mudrex. "Investor confidence increased with strong institutional inflows through ETFs and Michael Saylor hinting at another Bitcoin purchase despite geopolitical concerns."On-chain data reflected stable exchange netflows, indicating strong investor sentiment and no immediate intent to sell. Patel added that if BTC sustains above $106,000, a move toward $108,500 is likely, with support at $103, Shekhar, Co-founder and CEO of Pi42, noted that the market is showing resilience. 'Bitcoin is holding its ground above $105,000, even as global uncertainty lingers. Despite the recent shakeout that led to over $1.16 billion in liquidations, sentiment is recovering,' he said, pointing to technical signals like the golden cross and growing altcoin Read: How can anyone consider Bitcoin to be a digital version of gold, questions Peter Schiff Delta Exchange Research Analyst Riya Sehgal noted that Bitcoin has recovered after dipping to $103,200, now hovering near $106,200. Key resistance is seen at $106,750–$107,500, while support lies at $104,000. Ethereum also showed strength, bouncing from $2,441 to near $2,572, with upside targets at $2,720–$2,880 if it clears resistance at $2, highlighted strong ETF flows, including a $5.4 billion equity raise by Metaplanet aimed at acquiring 210,000 BTC. Meanwhile, Ethereum saw an ETF outflow of $2.1 million on June 13, ending a 19-day inflow streak, even as whales accumulated 1.49 million ETH over the past Markets Desk highlighted that Bitcoin remained in a tight range between $104,500–$106,300, supported by high-volume buying near $ from NYDIG described the current low-volatility phase as a 'summer lull' and expect upcoming catalysts like the SEC's GDLC decision and regulatory updates to influence Read: Civil War has begun! Rich Dad Poor Dad author Robert Kiyosaki warns of global chaos, backs Bitcoin as the only safe haven (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
4 hours ago
- Time of India
Bitcoin holds above $106k amid geopolitical jitters; Solana, Hyperliquid jump up to 7%
Bitcoin and other major cryptocurrencies traded higher on Monday morning, recovering from recent volatility triggered by geopolitical tensions . The overall crypto market capitalisation rose by 0.87% to $3.31 trillion, according to CoinMarketCap. At 10:32 am IST, Bitcoin was trading 0.63% higher at $106,273, while Ethereum gained 1.35% to $2,575. Altcoins also showed strength, with Solana surging 7.2%, Hyperliquid up 6.8%, and Cardano rising 1.5%. Other tokens like XRP, Sui, and Chainlink posted gains of 1%–2.3%. "Bitcoin is trading above $105,800, eyeing a breakout past the $106,000 resistance," said Edul Patel, Co-founder and CEO of Mudrex. "Investor confidence increased with strong institutional inflows through ETFs and Michael Saylor hinting at another Bitcoin purchase despite geopolitical concerns." Crypto Tracker TOP COIN SETS DeFi Tracker 0.55% Buy BTC 50 :: ETH 50 -0.69% Buy Crypto Blue Chip - 5 -1.31% Buy Web3 Tracker -7.93% Buy AI Tracker -9.20% Buy TOP COINS (₹) Solana 13,523 ( 7.2% ) Buy Ethereum 224,670 ( 2.48% ) Buy XRP 188 ( 1.17% ) Buy Bitcoin 9,176,059 ( 0.67% ) Buy BNB 56,281 ( 0.59% ) Buy On-chain data reflected stable exchange netflows, indicating strong investor sentiment and no immediate intent to sell. Patel added that if BTC sustains above $106,000, a move toward $108,500 is likely, with support at $103,500. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Avinash Shekhar, Co-founder and CEO of Pi42, noted that the market is showing resilience. 'Bitcoin is holding its ground above $105,000, even as global uncertainty lingers. Despite the recent shakeout that led to over $1.16 billion in liquidations, sentiment is recovering,' he said, pointing to technical signals like the golden cross and growing altcoin activity. Also Read: How can anyone consider Bitcoin to be a digital version of gold, questions Peter Schiff Delta Exchange Research Analyst Riya Sehgal noted that Bitcoin has recovered after dipping to $103,200, now hovering near $106,200. Key resistance is seen at $106,750–$107,500, while support lies at $104,000. Ethereum also showed strength, bouncing from $2,441 to near $2,572, with upside targets at $2,720–$2,880 if it clears resistance at $2,620. She highlighted strong ETF flows, including a $5.4 billion equity raise by Metaplanet aimed at acquiring 210,000 BTC. Meanwhile, Ethereum saw an ETF outflow of $2.1 million on June 13, ending a 19-day inflow streak, even as whales accumulated 1.49 million ETH over the past month. CoinSwitch Markets Desk highlighted that Bitcoin remained in a tight range between $104,500–$106,300, supported by high-volume buying near $104.5K. Analysts from NYDIG described the current low-volatility phase as a 'summer lull' and expect upcoming catalysts like the SEC's GDLC decision and regulatory updates to influence direction. Also Read: Civil War has begun! Rich Dad Poor Dad author Robert Kiyosaki warns of global chaos, backs Bitcoin as the only safe haven
