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Cardano has failed to maintain its position above the critical $1 level, marking a 3.35% decline over the past 24 hours. The altcoin’s seven-day return has now dropped to -8.61%, as broader market weakness pulls the total crypto market cap (excluding Bitcoin and Ethereum) down by 1.62% to $1.05 trillion.
The Solana network has achieved a significant milestone, with its decentralized exchange (DEX) volume reaching a record-breaking $200 billion in monthly transactions. This historic achievement has positioned Solana ahead of major competitors, including Ethereum, and underscores its growing dominance within the decentralized finance (DeFi) space. This surge in activity can
While the broader crypto market hangs on in bear territory, expectations for an upcoming rally are growing. Ripple’s XRP has followed suit, as speculation swirls about the impending end of the Ripple vs. SEC legal battle. The former Ripple director, Sean McBride, speculates that the ongoing Ripple-SEC case will either
While we get accustomed to the bullish crypto environment, more optimism keeps arriving. In the past day, it was the news of acting SEC chairman, Mark Uyeda’s announcement of a crypto task force. These incidents highlight particular postulates from the Trump crypto manifesto being realized. Prices in the market continue
Cardano’s recent market behavior presents an interesting case study in shifting market sentiment. The cryptocurrency’s sideways price action has triggered a notable change in trader positioning, with futures market participants increasingly taking bearish stances through short positions, suggesting growing skepticism about near-term price appreciation. Understanding Cardano Market Psychology The convergence
After experiencing a 14% decline from its all-time high of $295.83, Solana enters what appears to be a new accumulation phase. This shift becomes particularly significant when we consider the reversal from yesterday’s substantial $137 million outflow, suggesting that market participants are transitioning from profit-taking to position building. Understanding Solana
The cryptocurrency market experienced heightened volatility as Donald Trump was inaugurated as the 47th U.S. President. His speech, which omitted any mention of bitcoin or crypto policies, triggered widespread sell-offs. According to Coinglass, total liquidations surged to $1.28 billion, affecting over 386,000 traders. Long positions bore the brunt of the
The crypto market failed to turn green even a day after Donald Trump’s inauguration. The largest asset, Bitcoin, continues to stay at $102K. Particularly, the prominent meme coin, Dogecoin (DOGE), has seen a notable price drop of over 9%. The recent bullish price pattern of Dogecoin price has signalled a
With the crypto market cap losing over 2.54%, reaching $3.54 trillion, all major assets exhibit mixed price actions. The largest asset, Bitcoin (BTC), traded within the $102K range. Notably, among the altcoins, Chainlink (LINK) has recorded a 12.37% gain over the past 24 hours. LINK chose to trade on the
Bitcoin reached a new all-time high of $109,114.88 on Jan. 20. It briefly surpassed $109,000 before retreating below $108,000 within minutes. At 06:55 am UTC, BTC hit $109,036, breaking the previous record of $108,000 from December 2024. The rally comes hours before Donald Trump’s inauguration as the 47th U.S. President
