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CYRPTO TIMES

Sei price may crash 22% and then rebound

Sei price continued its strong downtrend today, June 17, as the ongoing crypto crash accelerated. Sei (SEI) token dropped to $0.1660, its lowest level since April 17, and is now down more than 40% from its May high. From its November 2023 peak, the token has plunged by over 77%. Despite the bearish price action,…

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Why are Bitcoin and crypto prices going down today?

Bitcoin and most cryptocurrencies retreated on Tuesday as geopolitical risks intensified ahead of the upcoming Federal Reserve interest rate decision. Bitcoin (BTC) dropped from this week’s high of $108,915 to an intraday low of $105,500. Ethereum (ETH) retreated by over 2.2%, while the total market capitalization of all cryptocurrencies declined to $3.28 trillion. Additional data…

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El Salvador adds 240 Bitcoin since signing the IMF loan agreement

El Salvador has continued its daily Bitcoin purchases, adding 240 BTC since December despite a $1.4 billion IMF agreement that discourages public-sector accumulation. El Salvador has purchased 240 Bitcoin (BTC) since Dec. 19 last year, despite a $1.4 billion loan agreement with the International Monetary Fund that discouraged further accumulation. El Salvador’s treasury wallet now…

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