The sudden fall in the crypto market has pushed the assets into their bearish phase. Assets like Bitcoin (BTC) and Ethereum (ETH) are hovering at $117.2K and $3.6K. All other assets have been lit with the red candlesticks. Among the pack of altcoins, Solana (SOL) has registered a gain of
Shiba Inu has regained upward trajectory as technical analysts identify parabolic price patterns developing from current trading levels. Multiple market commentators have issued bullish forecasts suggesting SHIB is positioned for explosive appreciation following recent momentum shifts. Analyst Maddox Metrics has identified major technical indicators turning favorable for Shiba Inu after
Bo Hines, Director of the President’s Council of Advisers for Crypto Assets, has projected the cryptocurrency market could reach $15-20 trillion valuation in coming years, creating potential for major price appreciation across digital assets including XRP. His forecast assumes continued U.S. leadership in digital finance through dollar-backed stablecoins. Current market
Michael Saylor’s Bitcoin treasury company, Strategy, has acquired 6,220 BTC for $739.8 million, according to a U.S. SEC Form 8-K filing. The firm made the purchase between July 14 and 20 at an average price of $118,940 per coin. This brings Strategy’s total Bitcoin holdings to 607,770 BTC, worth approximately
With the 1.37% uptick in the market cap, it has settled at around $3.95 trillion. The overall market sentiment is greedy as the Fear and Greed Index value holds at 67. Notably, all the major assets are waving the green flag, attempting to kickstart a bull run. The largest assets,
The recovery attempts of the overall crypto market have brought mixed signals across the assets. Notably, Bitcoin and Ethereum have bounced back to their recent highs, while other altcoins are swinging on the green and red ropes. Within the altcoin pack, JasmyCoin (JASMY) secured a spot among the top three
With the brief spike in the crypto market, the assets have exhibited mixed sentiment. The assets, like Bitcoin (BTC) and Ethereum (ETH), are trading at $118.3K and $3.7K, respectively. Meanwhile, the meme coin market cap has surged by over 8.6%, settling at $89.8 billion. The assets opened the day on
It is still too soon to say if the easing of Bitcoin’s hold on the $4 trillion cryptocurrency market will result in a prolonged period of momentum for altcoins, according to experts in the industry. Altcoin Rally Gains Momentum Several analysts believe that a so-called altcoin season cannot begin unless
Ethena (ENA) surged 19.75% in the past 24 hours, reaching $0.4999 at the time of writing. This marked a new multi-week high as the token broke above a significant barrier. ENA’s market cap now stands at $3.17 billion, while its fully diluted valuation (FDV) touched $7.49 billion. With a 24-hour
Ethereum (ETH) surged to a seven-month high of $3,819, marking its strongest performance since December 2024. At press time, it trades at $3,778.56, up 6.36% over the past 24 hours. This rally aligns with heightened investor confidence and a marked shift in altcoin dominance. Market capitalization climbed to $456.11 billion,
