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The cryptocurrency XRP has entered a period of increased selling pressure following its climb to $1.63, a peak not seen in three years. The subsequent 13% decline to $1.41 coincides with a significant surge in profit-taking activity, suggesting a potential shift in market dynamics that could lead to further price
Solana (SOL) has encountered significant selling pressure following its recent ascent to an all-time high of $264.63 on November 24. Currently trading at $232.72, the cryptocurrency has experienced a 12% retracement, prompting a notable shift in market sentiment and trading behavior. The derivatives market paints a particularly telling picture of
The crypto market has turned bullish, with a 1.34% increase in total market cap. While Bitcoin still eyes the $100K threshold, it has plunged to $93K. Meanwhile, Ethereum is trading around the $3.4K range and drawing attention to the altcoin market. However, Ripple’s native token, XRP has encountered a brief
In less than 48 hours, the crypto market, and particularly Bitcoin, has taken a downturn. The cryptocurrency dropped 7% on Tuesday, hitting the $91K level after days of trading above $95,000. This price movement has had minor effects on the altcoin sector, but tokens have bounced back to previous trading
The largest altcoin, Ethereum (ETH), has caught up with the crypto market rally. ETH has been in the consolidation phase for the past few weeks, facing mighty challenges in breaking through crucial resistance levels. Ethereum’s price has begun a fresh surge above $3.4K. Notably, ETH bulls have pushed the price
Bitcoin steadied at $94k on Tuesday, rebounding after a sharp sell-off that pushed its price below $93,000 earlier in the day. The cryptocurrency saw a 24-hour decline of 5.1%, with liquidations across the crypto market reaching $553 million, including $415 million in long positions. Bitcoin is trading at $94,408, and
Ripple and Archax have achieved a significant milestone in financial innovation by launching the UK’s first tokenized money market fund on the XRP Ledger (XRPL). The initiative involves tokenizing a portion of abrdn’s $3.8 billion US Dollar Liquidity Fund (Lux), marking a crucial step toward blockchain integration in traditional finance.
Chainlink (LINK) has demonstrated remarkable strength amid broader market volatility, posting a 70% gain in November while Bitcoin consolidates below $100,000. The 16th largest cryptocurrency by market cap has surged 11.72% in the last 24 hours, with substantial trading activity indicating strong market interest. Golden cross emerges on Chainlink price
Bitcoin retraced from its record-breaking rally, trading at $97,954, down 0.03% in 24 hours. BTC’s market cap fell below $1.9 trillion, losing over $60 billion since Friday. Meanwhile, the global crypto market cap dropped 0.74% to $3.34 trillion, with a trading volume of $199.2 billion, down 3.24% over the last
Cardano (ADA) has achieved a significant milestone, breaking above $1 for the first time since April 2022. The cryptocurrency currently trades at $1.09, marking a powerful 24% surge in the last 24 hours, accompanied by a 131% spike in trading volume. Majority of Cardano Holders Enter Profit Zone The breakthrough
