Bitcoin Price Crashes Below $61,000: The Main Reasons
In the last 24 hours, the Bitcoin (BTC) price fell by up to 4.8%, plummeting to a new low of $60,601 after trading above $64,000 just a day earlier. This decline can be attributed to a combination of factors, including developments from the Mt. Gox…
Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million
Early on Monday morning, the Bitcoin price crashed another 5% to drop to the $61,000 level. This drop, which was very sudden, has taken investors by surprise, triggering a massive wave of liquidations. As the volume continues to rise, the crypto…
Solana Slides 13% – Can It Recover Despite Analyst’s $1,000 Prediction?
Solana (SOL) has been caught in the crypto current, tossed back and forth by recent market volatility. After an impressive rally earlier in 2024, SOL has dipped by 13% over the past week, leaving investors wondering what lies ahead. Technical…
Bitcoin Bears Target $60,000 Level As Price Continue To Decline
Bitcoin is currently experiencing a notable decline, with its price steadily approaching the crucial $60,000 mark. The market sentiment has turned increasingly bearish, driven by a combination of macroeconomic factors and a recent surge in selling…
Will Ethereum Skyrocket? Crypto Analyst Predicts $6,000 By September
Popular crypto analyst degentrading (@degentradingLSD) has made a bold prediction that Ethereum will reach $6,000 by September 2024. This prediction comes in response to an analysis by Mechanism Capital founder Andrew Kang, who expects Ethereum to…
Toncoin On Fire: Crypto Explodes To All-Time High – Can It Hit $10?
Telegram-backed Toncoin (TON) has been the talk of the crypto town lately, its price soaring to a record-breaking $8.15 before settling around $7.60. This dramatic rise, coupled with technical indicators flashing both caution and bullish signals…
Solana (SOL) Dives Nearly 10%: Market Reactions and Future Outlook
Solana failed to climb above the $135 resistance. SOL price started another decline, dropping nearly 10%, and now the bears aim for more downsides. SOL price remained in a bearish zone below the $142 resistance against the US Dollar. The price is…
XRP Bears In Control: Understanding the Sustained Bearish Sentiment
XRP price struggled to recover above the $0.4880 resistance zone. The price is moving lower and the bears might aim for a move toward $0.4550. XRP price faced another rejection near the $0.4880 resistance zone. The price is now trading below…
Ethereum Price Trims Gains as Bitcoin Slump Drags Crypto Market
Ethereum price struggled to climb above the $3,550 resistance and trimmed gains. ETH gained bearish momentum alongside Bitcoin and tested the $3,385 zone. Ethereum is trimming gains from the $3,550 resistance zone. The price is trading below $3,500…
Bitcoin Price Takes a Plunge: Analyzing the Sudden Drop
Bitcoin price started another decline after it struggled near $64,550. BTC declined below the $63,500 support and might continue to move down. Bitcoin started a fresh decline from the $64,550 resistance level. The price is trading below $63,500 and…
Forget The Dip! XRP Primed For Epic Rally To $36, Expert Claims
The price of XRP, the native token of RippleNet, has been caught in the crosshairs of a bearish crypto market. Currently trading below the crucial $0.50 mark, XRP seems to be following the broader market trend. However, a recent analysis by market…
XRP 6-Year Trendline Draws To A Close, Analyst Predicts 1,400% Rally To $7.5
As the major pieces begin to fall into place, XRP may now be in a position where things are going well for its future price trajectory. While XRP enthusiasts are still reeling in amazement over Ripple’s recent win in court, a crypto analyst…
19 Million Chainlink Tokens Transferred To Exchanges – More Downside For LINK Price?
The cryptocurrency market witnessed severe bearish pressure over the past week, and the price of Chainlink (LINK) wasn’t an exception. The altcoin has continued to struggle with its torrid form, losing nearly 10% of its value in the last…
Don’t Miss The Floki FOMO: Social Media Sends Meme Coin On 300% Rip
Floki, the self-proclaimed Dogecoin rival with a Shiba Inu mascot, is shaking off recent market jitters with a surge in social media buzz and exciting ecosystem developments. While the broader cryptocurrency market remains volatile, Floki appears…
Ethereum (ETH) Records Surge In Active Addresses – Incoming Price Rebound?
Ethereum (ETH) is currently down by 0.75% as its price continues a range-bound movement seen all week. However, in its monthly timeframe, the most prominent altcoin displays a concerning performance with a reported loss of 6.40% according to data…
Bitcoin Crash: Crypto Analyst Reveals Why Price Could Drop To $52,000
A crypto analyst has disclosed reasons why the price of Bitcoin could witness more declines to $52,000 lows. According to the analyst, Bitcoin has broken key support levels, which indicates a potential shift from a bullish to a bearish position. …
Little-Known But Important Dogecoin Indicator Goes Off, How High Can It Drive Price?
The Dogecoin price slump might be over very soon, according to a little-known but important indicator called the Gaussian Channel (GC). As recently noted by a crypto analyst known pseudonymously as Trader Tardigrade, the Gaussian Channel recently…
Polygon (MATIC) Turns Bullish After Losing Streak – Is A 1,000% Rally Possible From Here?
Polygon (MATIC) is again flashing bullish signals, having maintained a bearish outlook for a while now. These bullish signals suggest that the token could soon make a significant move to the upside. Interestingly, crypto analyst World of Charts has…
Bearish Wave Hits Solana: SOL Drops Below $140 – More Losses On The Horizon?
Solana, a leading blockchain platform, is experiencing a significant downturn as a persistent bearish wave sweeps through its market. This decline, driven by a combination of factors, has led to SOL’s price suffering a huge drop below the…
Toncoin Transfer Volume Hits $10 Billion, Social Appeal Soars
Toncoin, the brainchild of messaging app giant Telegram, is making waves in the cryptocurrency world. A recent report by CryptoQuant, a leading crypto analysis platform, has identified Toncoin as one of the fastest-growing blockchain networks…
Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000 – Here’s Why
The Bitcoin price performance over the past week failed to bring glory to the crypto market, as the leading cryptocurrency struggled once again. This trend was mirrored across almost all large-cap assets, many of which experienced significant…
USDT, Tether’s digital token pegged to traditional currencies, is leading a quiet revolution in the world of finance. In a landmark development, USDT has surpassed Visa’s average daily transaction volume on the Tron blockchain…
Solana Records New Monthly User High Amidst Persistent Price Drop
Solana (SOL) has had a turbulent time lately evident with a consistent decline in its market price. According to data from CoinMarketCap, the “Ethereum Killer” is down by 6.36% on its weekly chart, emerging as the biggest loser among the top 10…
Shiba Inu Whale Withdraws 2.2 Billion SHIB From Robinhood, Should You Follow The Whales?
Shiba Inu whales are on the move again, sparking speculations on what they expect from the meme coin. One whale, in particular, has caught the attention of the SHIB community following a massive withdrawal from the popular crypto and stock trading…
Is Bitcoin’s Rally Over? New Insights from CryptoQuant Predict a Market Downturn
According to the latest insight from a CryptoQuant analyst, Bitcoin might be poised for a notable price correction. This possibility of a price correction is based on major Bitcoin metrics such as the Adjusted Spent Output Profit Ratio (ASOPR)…
Bitcoin Slips Under $64,000: Here’s Where The Next Support Is
Bitcoin has continued its recent bearish trajectory during the past day as the asset’s price has now slipped under $64,000. Here’s what the next support looks like for BTC. Bitcoin Has Strong On-Chain Support Between $61,900 &…
Bitcoin Spot ETFs Effect: Bernstein Analysts Revise BTC Target To $200,000, Here’s When
Analysts at global asset management firm Bernstein have revised their former Bitcoin target to $200,000, foreseeing the influx of Spot Bitcoin ETFs inflows catalyzing this massive price surge. Bernstein Analysts Raise Bitcoin Target To $200,000 In…
WIF Plunges 11% As Whale Deposits Millions To Binance, Who’s Behind It?
Memecoins are in red this week as most sectors of the crypto market struggle. Dogwifhat (WIF) has not been the exception. The memecoin sensation of Q1 saw a significant price drop following the movements of a whale. Recently, an address…
Survival of the Fittest: Here’s How Bitcoin’s Next Rally Hangs on Miner Capitulation
Amidst a backdrop of declining Bitcoin prices and economic uncertainty, renowned crypto analyst Willy Woo has offered a forecast that suggests a complex road ahead for BTC, with potential gains on the horizon after some ‘inevitable’…
XRP Exhibiting Unusual On-Chain Behavior, How Will This Affect Price?
Data shows XRP is currently exhibiting an interesting on-chain behavior amidst a broader market uncertainty. This unusual behavior was highlighted by CryptoQuant, a crypto on-chain analytics company. The peculiar behavior is noteworthy because it…
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