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Trending News: Weekly Recap: St. Lucia Attracts MT5 Brokers, eToro Targets $4B Valuation in US IPOQuantitative Easing Measures : How Countries Are RespondingKey Economic Events to Watch in May 2025India-Pakistan Tensions Impact on Gold PricesOnline Trading Firm iFOREX Eyes London Stock Exchange IPOOnline Trading Firm iFOREX Eyes IPO on London Stock ExchangeXTB Tops Polish Brokerage Rankings after Adding Over 25,000 Accounts in April: ReportXAU/USD: Elliott Wave Analysis and Forecast for 09.05.25 – 16.05.25WTI Crude Oil: Elliott Wave Analysis and Forecast for 09.05.25 – 16.05.25CySEC Withdraws BDSwiss’ B2B Unit Viverno Markets’ CIF LicenseUSD/JPY: Elliott Wave Analysis and Forecast for 09.05.25 – 16.05.25Exclusive: Dubai’s Diamond Jeweller Launches CFDs Broker, Hires Ex-ADSS ExecGBP/USD: Elliott Wave Analysis and Forecast for 09.05.25 – 16.05.25EUR/USD: Elliott Wave Analysis and Forecast for 09.05.25 – 16.05.25Gold’s Momentum Stalls as Risk Appetite Grows. 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Forecast as of 08.05.2025Forex.com Owner’s Q2 FY25 FX and CFDs Trading Volumes Rise, but Revenue Fails to Keep UpFX and CFDs Q2 FY25 Volumes Rise at Forex.com Owner StoneX, but Revenue Fails to Keep UpRobinhood Plans to Bridge Atlantic Gap with Securities TokenizationShort-Term Analysis for Oil, Gold, and EURUSD for 08.05.2025Swiset Extends Market Reach With ATFX Trading Infrastructure DealEconomic Indicators to Predict Currency Movements in 2025India Pakistan War Prediction by Scientists: What Could Happen?Bitcoin Cash (BCH) Price Forecast & Predictions for 2025, 2026, 2027–2030 and BeyondTrading “Guardian Angel” Boosts Broker Deposits by 42%, Data ShowsExclusive: You Want to Combat CFD Client Churn and Boost Deposits by 40%? Check Out This ToolCMC Markets Takes Over StrikeX to Gain “Direct Control”Loonie Enters Lion’s Den. Forecast as of 07.05.2025Loonie Enters the Lion’s Den. Forecast as of 07.05.2025Exclusive: CMC Markets Adopts Convrs’ WhatsApp Integration in Client Service PushBlackbird Boards the Airwallex Rocket with a $60M AgreementThe Big Winners of eToro IPO: Who’s Set to Gain the Most?Two More Prop Firms Open CFD Brokerage in Saint Lucia to Offer MetaTrader 5Blackbird Hops Onboard the Airwallex Rocket with a $60M AgreementShort-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.05.2025Short-Term Analysis for Oil, Gold, and EURUSD for 07.05.2025FINOM Tops $200 Million in Funding With New General Catalyst DealSucden Financial Boosts Dividend by 50% as Return on Capital Nearly DoublesThe Dollar Faces Isolation. Forecast as of 07.05.2025My Forex Funds Case Takes a New Turn: CFTC Sends Involved Staff on “Administrative Leave”How Emerging Market Central Banks Are Managing Growth?How Trade Agreements and Currency Valuations Are Connected?IronFX UK Doubles Revenue to $1.4 Million in 2024, Net Profit Slips SlightlyWeekly Economic Calendar for 12.05.2025–18.05.2025Global Debt Levels and How They Affect Currency StabilityWith Argentex Sold for Nearly £3M to IFX Payments, Former CEO Launches B2B FX StartupSilver Price Forecast & Predictions for 2025, 2026, 2027–2030 and BeyondWebull Adds Visa Direct for Instant Transfers; Expands into Binary Event ContractsBrent Declines as Oil Tensions Escalate. Forecast as of 06.05.2025Inside Q1/2025: Top FX/CFD Websites and Asia’s Growing InfluenceeToro’s $4B IPO: Too Pricey for Europe, a Bargain in the US?CFTC Folds Its Hand in Election Betting Showdown with KalshiShort-Term Analysis for Oil, Gold, and EURUSD for 06.05.2025Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.05.2025The Dollar Will Save the Penalty. Forecast as of 06.05.2025Ex-BDSwiss Executive’s CFDs Broker Sees Dubai’s Potential: Establishes Holding CompanyHow to Read GDP Reports for Currency Valuation in Forex?Learning Path for Traders: How to Go From Beginner to Advanced?eToro Confirms US IPO, Aims to Raise $500 Million at $4B ValuationBacktesting Strategies That Work and Common Mistakes to AvoidWhite Label, Big Bill? The Hidden Costs of Going Plug-and-Play in Prop TradingThe Yen Puts Life on Hold. Forecast as of 05.05.2025The Regulatory Playbook: Dubai Did It First, But Cyprus Can Still Do It BestForex.com Expands APAC Presence: Launches in SingaporeShort-Term Analysis for Oil, Gold, and EURUSD for 05.05.2025Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.05.2025lemon.markets Expands Brokerage-as-a-Service Platform to Support Equity CompensationVantage Expands Copy Trading to Web Portal as It Brings 20% Trading Volume for CFDs BrokersThe Dollar Got a Gift. Forecast as of 05.05.2025Will eToro Go Public This Week? Robinhood Rival Advances $3.5 Billion Valuation US IPORevolut Dials Up Disruption: Fintech Unicorn Expands in Telecom ArenaForex Trading Regulations in 2025: Rules for TradersWhy Temu Halted China Shipping?What Is the Bid-Ask Spread in Forex and Why Does It Matter?Equities Now Make Up 90% of Gildencrest Capital’s Revenue, but Profit Without FX Drops 95%Weekly Recap: Google Lifts IG France’s Ad Restrictions, XM Owner Buys Stake in a Cyprus BankHow to Calculate Forex Position Sizing & How Much to Risk?What Is a Forex Broker and How to Choose the Right One in 2025?FCA Bans CFD Broker Direct Trading Technologies, Citing “Falsified” Audit RecordsFCA Bans Direct Trading Technologies, Citing “Falsified” Audit RecordsWhat Is a Currency Peg and How Does It Affect Forex Trading?XAU/USD: Elliott Wave Analysis and Forecast for 02.05.25 – 09.05.25WTI Crude Oil: Elliott Wave Analysis and Forecast for 02.05.25 – 09.05.25USD/JPY: Elliott Wave Analysis and Forecast for 02.05.25 – 09.05.25GBP/USD: Elliott Wave Analysis and Forecast for 02.05.25 – 09.05.25EUR/USD: Elliott Wave Analysis and Forecast for 02.05.25 – 09.05.25
Sun. May 11th, 2025 7:57:53 AM

Bitcoin tumbles around 5%

(Reuters) -Bitcoin fell on Sunday, continuing a selloff in the world’s largest cryptocurrency.

The cryptocurrency was recently down around 5.1% at $59,357 after falling the previous day.

Crypto markets have gotten a boost this year after the U.S. Securities and Exchange Commission approved an exchange-traded fund to track the spot price of bitcoin and ether.

More recently, however, bitcoin has fallen alongside other assets including global equities in a broad selloff. The cryptocurrency is off nearly 20% from its March 2024 high.

This post is originally published on INVESTING.

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