Spike

Why crypto prices spike yet Dow Jones, US dollar index fall

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Why crypto prices spike yet Dow Jones, US dollar index fall

Crypto prices rose this week as US stock indices like the Dow Jones, S&P 500, and the Russell 2000 dropped sharply. The US dollar index also had the worst performance since April, when Donald Trump announced his “reciprocal” tariffs. Bitcoin (BTC) jumped to a record high of $111,900, while the market capitalization of all altcoins … Read more

Bull Market Signs As Kraken Exchange Quarterly Report Shows 29% Spike In Volume

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With the publishing of its quarterly report, Kraken exchange has seen a spike in volume and user activity - is the bull run upon us?

Leading crypto exchange Kraken has reported $472 million in revenue for Q1 2025. Amazingly, it is up 19% from the previous year despite a volatile Q1 that saw BTC drop below $65,000. In a positive sign for the anticipated bull market, Kraken’s trading volume on the platform rose 29% year-over-year, and funded accounts grew by … Read more