During Wednesday’s trading, the cryptocurrency market experienced a downturn, with major coins like Bitcoin, Ethereum, Solana, and Dogecoin leading the decline. This led to a 1.8% drop in the global cryptocurrency market cap within just 24 hours, bringing it to approximately $2.3 trillion. Cryptocurrency Market Update: Prices and Analyst Insights As of 12:25 p.m., Bitcoin…
In the last 24 hours, the biggest meme coin, DOGE, has surged by over 12%. Meanwhile, Bitcoin has extended its recovery, rising from under $59,000 yesterday to a multi-day high of over $63,000 today. This positive trend has also lifted most altcoins, including the famously unpredictable meme coin sector, which has seen impressive gains once…
Bitcoin’s persistent selling streak is hindering recovery efforts in altcoins, suggesting a prolonged period of consolidation. Meanwhile, Ethereum’s price relief rally could extend by 6%, but it may face resistance at $3354, possibly indicating a reversal. Additionally, Dogecoin’s correction nears a crucial resistance level, which could heighten selling pressure. Similarly, Helium’s price correction may continue…
In the last 24 hours, Bitcoin has decreased by 1.99% and is currently trading at $63,018.62. Compared to the previous week, it’s down by 1.90%. Ethereum, the second most popular cryptocurrency, has seen a 0.54% decrease from yesterday, with its current price at $3,124.58. However, compared to last week, Ethereum has increased by 1.85%. Its…
Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has expressed optimism about the crypto market. The Glassnode Cofounders stated that despite recent corrections, they anticipate significant growth ahead. Their analysis suggests that the market, excluding the top 10 cryptocurrencies called “OTHERS,” is showing a strong upward trend, indicating potential for further growth. Glassnode…
Credible, a widely followed crypto analyst, has unveiled his bold predictions for Ethereum (ETH), Bitcoin (BTC), and XRP, igniting fresh hope among investors. Rewrite this as para in easy wording Credible, a prominent crypto analyst, predicts Ethereum (ETH) could soar beyond $10,000, potentially reaching as high as $20,000 in the current bull market cycle. He…
Amidst recent quietness in the crypto world, there’s optimism for a potential bull cycle supported by stablecoin inflows and other factors. The stablecoin market, including assets like USDT and USDC, has shown resilience, adding over $9 billion since October 2023, totaling $133 billion. Experts see this as a bridge between traditional finance and crypto, potentially…
January concluded on a poor note, and February commenced unfavorably for cryptocurrencies, with Bitcoin attracting buyers at $43,000, while Solana trades at $99.4. XRP faces challenges amidst weak fundamental news and a recent hacking incident. Looking ahead, the current chart outlook for Bitcoin, Solana, and XRP Coin may provide insights into potential targets in the…
January saw notable fluctuations in cryptocurrency prices, prompting investors to turn their attention to the forthcoming Bitcoin halving event. Predictions for Bitcoin, SOL, XRP, and AVAX prices are under scrutiny. January swiftly passed, leaving an indelible mark on crypto history with ETF approvals. Bitcoin surged to $49,000, then dipped by over $11,000, yet managed to…
Some of the major cryptocurrencies are currently going through a correction, which means their prices are going down. However, there is a possibility that this trend could turn around, and they might start going up again. Shiba Inu’s chart for SHIB/USDT shows a pattern called an ascending triangle. This is a well-known technical shape, and…