Crypto markets reel as bitcoin slides

Crypto markets reel as bitcoin slides

Bitcoin was on the cusp of breaking below the key US$70 000 level on Thursday as a slide in the world’s largest cryptocurrency showed no signs of stopping. Bitcoin fell 2% in early European trade, having dropped as much as 3.5% earlier during the Asian session to $70 052.38, its lowest level since November 2024. Ether, meanwhile,…

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Bitcoin faces another reckoning

Bitcoin faces another reckoning

Bitcoin made a 16-month low and tested key US$60 000 support on Friday as a global selloff in technology stocks deepened and washed out risky bets across asset classes. The world’s largest cryptocurrency was last up 1.64% at $64 153.24 in volatile trade, swinging between gains and losses after having hit a low of $60 008.52 earlier in…

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Bitcoin edges up after  000 nosedive

Bitcoin edges up after $36 000 nosedive

Bitcoin lost 35.36% in value over the past 90 days. (Graphic: Nicola Mawson | Freepik) Bitcoin has recovered some of its recent losses, climbing 5.54% early this morning after a rout that saw it lose 35.36% over the past 90 days – a decline of $36 210 (R588 438) at this morning’s exchange rate of…

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Sotxx 600, FTSE, DAX, CAC, silver, gold, bitcoin

Sotxx 600, FTSE, DAX, CAC, silver, gold, bitcoin

LONDON — European stocks are expected to open in negative territory as concerns over artificial intelligence and volatility in precious metals haunt global markets. The U.K.’s FTSE index is seen opening 0.5% lower, Germany’s DAX down almost 1%, France’s CAC 40 down 0.8% and Italy’s FTSE MIB also down by a similar amount, according to data…

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More South Africans use Bitcoin to ‘state-proof’ themselves

More South Africans use Bitcoin to ‘state-proof’ themselves

Some governments may in future enforce restrictions, tax implications, or bans on Bitcoin usage, warn experts. As global economic pressures persist and digital innovation reshapes financial infrastructure, Bitcoin has emerged in South Africa not only as an investment asset but increasingly as a practical financial tool. From individual savers hedging against currency uncertainty, to merchants…

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Bitcoin erases all 2025 gains in brutal flight from risk

Bitcoin erases all 2025 gains in brutal flight from risk

Cryptocurrencies were caught in a broad flight from risk assets on Friday, sending bitcoin and ether to multi-month lows as worries persisted about lofty tech valuations and bets on near-term Federal Reserve policy easing faded. Bitcoin, the world’s largest cryptocurrency, fell 2.1%, breaking below US$84 000 to hit a seven-month trough of $83 447.07 in Asian trading….

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