The cryptocurrency market is experiencing significant fluctuations, driven largely by the volatility of Bitcoin (BTC). Investors are eagerly anticipating a new all-time high above $73,750, yet Bitcoin has been consolidating between a broad horizontal range of $65,000 to $72,000 over the past few weeks. This high volatility raises questions among
Bitcoin and Ethereum have shown brief upsurges in price, fueled by the US CPI data release. Other altcoins have begun to show recovery after the past week’s price dip. Solana (SOL), has shown a daily increase in its price after its recent weekly dip. Notably, the token’s market price increased
Toncoin (TON), the native token of the TON blockchain developed by Telegram, is standing out in the altcoin market’s challenging landscape. Despite prevailing adverse conditions, Toncoin has risen by 8.60% in the past 24 hours, surging to $7.64. Analysts are optimistic, forecasting a potential rise to $10 in the near
Bitcoin (BTC) recently broke back above $69,000. Following this development, this crypto analyst highlighted Chainlink (LINK), Fantom (FTM), and Floki (FLOKI) as crypto tokens that crypto investors should focus on as they present an opportunity to make significant gains in this bull run. ETFSwap (ETFS) has also come under the
The Solana (SOL) coin price continues to trade under bearish pressure, despite the increased price volatility observed in the broader cryptocurrency market. The altcoin has repeatedly failed to break out of its resistance zone, indicating a weak price action and a lack of bullish momentum. Since the cross-market correction that
Crypto service providers in Zimbabwe and across the world are being sought out by the Zimbabwean government as they work on cryptocurrency sector regulations. A Zimbabwean government committee has been formed to collect data from cryptocurrency companies providing services in the country with comments due by June 26, according to
Following a rocky past few months, June has unlocked new opportunities in the crypto space with a buoyant market. The market is experiencing an uptrend as BTC breaks the $70k limit and looks to perform even better. As altcoins typically catch the buzz, meme coins are following suit with the
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Ethereum, the leading altcoin, is currently navigating a challenging market environment. After hitting a 23-day low of $3,432 yesterday, it is trading at $3,508.74, marking a 1.47% decline. While, trading volume has surged by 12%, reflecting heightened market activity despite the coin being down 7% over the past week. This
As the price of cryptocurrencies plummeted and liquidations increased, Bitcoin miners made the largest sell of reserves since late March 2024. Bitcoin miners’ stance on holding or selling reserves influences market patterns. There has been a severe ongoing downtrend in the cryptocurrency market, as a number of assets have taken
