The market has been very bearish in recent days, and today marks another decline as it enters the fear zone, with the global market down 3%. Bitcoin, the largest cryptocurrency, has fallen below the $56K range, now trading at $55,580, while altcoins face double-digit declines. Among them, the Pendle coin
This week, the cryptocurrency market will be watching closely for important economic data and events that might influence the price of Bitcoin and other cryptocurrencies. Significantly, the last several weeks have been very unpredictable, with Bitcoin’s price seeing a precipitous decline last week. Bitcoin and altcoin euphoria seem to have
Today, the global cryptocurrency market is displaying a resurgence, with Bitcoin rebounding from a recent dip of $53,489 to surpass the $56,000 mark. At the time of writing, Bitcoin’s price is trading at $56,650, marking a 3.87% increase in the past 24 hours. This recovery follows significant inflows of $143.1
Over the last month, Bitcoin has maintained its downward trajectory. Bitcoin fell to $53,485—its lowest point in four months—a decline of 8.55%. The collapse and selling pressure are linked to the Bitcoin repayments made to creditors by the now-defunct cryptocurrency exchange Mt. Gox. While the week started with a price
The second largest altcoin Solana showed price declines in the last 24 hours, amid market declines. SOL, despite receiving market attention for memecoins failed to price in the meme season over the past month. In the last 24 hours, the altcoin has shown bearish movements, hitting its weekly low momentarily.
The cryptocurrency market is navigating turbulent waters, with the total market cap dipping below $2 trillion and many altcoins hitting yearly lows. Amid these challenges, analysts remain cautiously optimistic about a potential bullish turn in the NFT space, fueled in part by major developments. One significant shift observed is the
Amid recent market turbulence, Ethereum has struggled to regain its footing after a significant 15% drop below key support levels. The crypto’s price plummeted below the crucial $3,000 mark due to a broader market downturn triggered by BTC. Bitcoin payouts from the Mt. Gox bankruptcy, flooding the market with additional
The crypto community amidst its expectancy for bull runs has received shock waves this past week. In an additional remark, the crypto market recorded a $110 million liquidation in under an hour, during the Asian morning hours of July 5. With such high liquidation rates, the market has dipped into
The crypto market has been experiencing a significant bearish trend, with the overall market capitalization dropping by 9% recently, now falling below $2 trillion to $1.99 trillion. Conversely, trading volume has surged by 40% in the past 24 hours. Bitcoin has been hit hard, dropping 7% to a five-month low
While the global crypto market faces a downturn with Bitcoin (BTC) dropping to the $57,000 zone, Friend.tech (FRIEND) recorded a new all-time low. According to the CoinMarketCap data, it dropped over 42.46% from the high of $0.4483 to the all-time low of $0.3062—a level not seen since its launch in
