The cryptocurrency market has been under significant pressure, with bearish sentiment leading to a 1.03% drop in overall market capitalization. Bitcoin, the leading cryptocurrency, experienced a 2% decline, while Ethereum, the top altcoin, fell by 1.8%. Despite the broader market downturn, the AI sector has garnered attention recently, with tokens
The crypto market has been wading in the market dip. Several tokens hit new lows reflecting the intensity of the bearish phase. Among all altcoins, meme coins experienced a considerable downfall in August. The leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) are struggling to maintain their price at a moderate
The overall crypto market displayed mild dips in market cap and trading volume throughout the week. Bitcoin (BTC), the largest cryptocurrency, has stepped into bearish turns, trading below $59K. The largest altcoin, Ethereum, endured a sturdy month, witnessing critical losses with its price dipping to $2.2K. Notably, ETH witnessed modest
Recent developments in the crypto world have put the spotlight on three key altcoins. Cardano’s much-awaited Chang Hard Fork has faced a delay, stirring mixed reactions among investors as they await its impact. Meanwhile, Chainlink (LINK) grapples with price challenges and fluctuating support levels, raising questions about its near-term direction.
ParaFi Capital, a digital asset management firm based in New York, raised $120 million from investors, including Theta Capital Management and Accolade Partners. This fundraiser highlights the increasing growth and renewed optimism in the crypto investment sector. ParaFi Capital, founded in 2018 by Ben Forman, has been a significant player
The second largest cryptocurrency, Ethereum, in an interesting turn of events, halted its price declines. The altcoin showed a price recovery following its recent brief price dip. Meanwhile, the overall cryptocurrency market has reverted to bullish after Wednesday’s price decline. Bitcoin, however, still remains below the $60K level. Notably, Ethereum’s
Binance Coin (BNB) finds itself at a critical juncture as it repeatedly fails to overcome a major resistance block, with its own traders exacerbating the situation by withdrawing funds at the first signs of bearish market sentiment. This confluence of factors has placed BNB in a precarious position, challenging its
New York, New York, 28th August 2024, Chainwire
The overall crypto market is under downside pressure, and the market cap has plummeted by over 3.30% to $2.11 trillion. Leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) have crashed by over 4%. However, Polygon (MATIC) has drawn attention by topping the losers list, declining by 10.20% over the past 24
In the cryptocurrency sector, volatility in prices is a daily occurrence. Despite that, significant movements in charts often tend to draw investors’ attention. Relatedly, the second largest altcoin, Solana, showed such price movements. The token has seen a price drop of 4.54% in the last 24 hours. Solana, the native
