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Ethereum is trading at $2,329, according to CMC data, reflecting a slight decrease of 1.32% over the last 24 hours. Ethereum, the second-largest cryptocurrency by market capitalization, has faced notable pressure amid broader market corrections. With Ethereum’s network still being the backbone of decentralized finance (DeFi) and NFTs, price fluctuations
September has historically been a challenging month for both U.S. stocks and cryptocurrencies, and this year is no different for Bitcoin. The leading cryptocurrency has recently faced a tough time, with its value fluctuating significantly from $58K to $55K. Bitcoin initially dropped below the $57K mark on September 2. Although
Chainlink (LINK) has captured the crypto community’s attention, as evidenced by a surge in its social dominance metric. However, this increased buzz comes against a backdrop of weakening buying pressure, creating a complex market narrative that challenges simple bullish or bearish categorizations. On-chain data from Santiment reveals that LINK’s social
Polygon’s ambitious token migration from MATIC to POL has reached a milestone, with 6.50 billion tokens successfully converted as of today. This transition, representing a 64.8% conversion rate, marks a pivotal moment in the network’s evolution towards its Polygon 2.0 vision. The migration process, which commenced on September 4, 2024,
In the wake of Bitcoin and Ethereum spot ETF approvals in the United States, the cryptocurrency community has turned its attention to Solana as the potential next contender in the ETF race. As the fifth-largest cryptocurrency by market capitalization, Solana’s unique position in the crypto ecosystem has sparked discussions about
Altcoins have shown mixed signals this week, with Ethereum, the largest altcoin, grappling to hold its ground. Its price remains caught between crucial support and resistance levels, recently dropping below $2,400. Notably, over the past 24 hours, despite price fluctuations, ETH witnessed a moderate spike of 1.52%. At the press
As of September 10, 2024, Bitcoin (BTC) is trading at $57,027 according to CMC data, reflecting a slight pullback following recent upward movements. The cryptocurrency’s 24-hour trading volume has surged by 46%, reaching $33.83 billion, indicating heightened market activity and its market cap has increased by 3.12% to $1.12 trillion.
Solana (SOL) has demonstrated remarkable resilience in the face of recent market turbulence, with its price action and network metrics painting a complex picture of challenges and opportunities. The slumpish market pushed OL to test levels near $121 amidst a surge in trading volume that exceeded $3 billion. This price
Chainlink (LINK) has embarked on a promising recovery trajectory, with its price showing a increase over the past 24 hours as it sets its sights on reclaiming the $12 threshold. This resurgence comes on the heels of a dip below $10 just days ago, offering renewed hope to investors in
Binance Coin (BNB) finds itself at a critical juncture following its recent breakout above a descending trend line that had constrained its price action since August 23. While this development initially sparked optimism among investors, mounting evidence suggests that the current rally may be short-lived, as buying momentum appears insufficient
