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Bitcoin (BTC), the world’s largest cryptocurrency, has witnessed a 7% drop in value over the past week, trading at $94,159 at the time of writing. This marks its fourth consecutive day of decline, driven by macroeconomic concerns and reduced interest from institutional investors. Despite hitting a peak of $108,245 earlier
The crypto community has hit a snag as prices have fallen to monthly lows in the past week. Bitcoin has receded to its $90K zone after reaching new all-time highs, again, in the same week. Meanwhile, leading altcoins such as Ethereum and Solana have also begun to drop. On the
Ethereum (ETH) is trading at $3,323, registering a slight 0.10% dip alongside a 10% drop in trading volume over the past 24 hours. This follows a turbulent week where ETH hit a 29-day low of $3,101 and recorded a 16% weekly decline. The daily Relative Strength Index (RSI) now hovers
The crypto market has retreated into a bearish trend with Bitcoin spearheading the freefall. Other altcoins are also continuously losing their recent price surges as trading levels fall lower and lower. However, the ever-optimistic community has entered a ‘buy the dip’ phase as per recent reports. Notably, Bitcoin has factored
From changes in the price of XRP to the introduction of the RLUSD stablecoin, there has been a flurry of activity recently in the Ripple ecosystem. Ripple Labs’ chief technology officer David Schwartz discussed the RLUSD stablecoin, which was recently launched. In a video message shared on Ripple’s official X
Solana (SOL) price maintained its poor performance by continuing its downward trend inside a tight price channel that it has been following for quite some time now. The whales have taken notice and are considering purchasing the dip as a result. For days now, the data from Coinshare has shown
Since November 6th, following Donald Trump’s victory in the U.S. presidential election, the global cryptocurrency industry has been more excited than any other industry. To validate this, prominent companies in the cryptocurrency industry show strong support for President-elect Donald Trump by pledging millions to his inauguration fund, signaling their belief
A major shift in cryptocurrency market dynamics has emerged as Bitcoin’s dominance experienced a 6% decline, with XRP capturing half of this movement through a 3% surge in its market share. This development marks a departure from traditional market patterns and suggests evolving trends in how capital flows through the
As the overall crypto market cap slips by more than 5% to $3.51 trillion, Ethereum (ETH), the largest altcoin, stands at a crucial crossroads. Clearing the $4K threshold of ETH seems to be hard to fetch. The recent price momentum of Ethereum brought in a rally toward $4K. Over the
After achieving a three-year high and an impressive 87% monthly gain, Chainlink’s market structure shows signs of strain as key metrics suggest waning momentum. The recent 5% pullback in 24 hours may signal a more significant shift in market dynamics, particularly when viewed alongside changes in whale behavior and technical
