During the Asian trading hours, while the global crypto market is still facing a steep decline since Tuesday, the knock-on effects have not faded. However, Ripple’s native cryptocurrency, XRP, surged around 8% in the last 24 hours. After a significant dip from the $2.50 zone to around $2.21, XRP has
The cryptocurrency market has sunk to a bearish trend this past week just hours after inspiring a bull run that reclaimed Bitcoin above $100K. The recent price drop has caused the altcoin sector to show declines as well. Meanwhile, SEC chair Gary Gensler, who is set to resign this month,
The Head and Shoulder pattern of Bitcoin foreshadows a trend change. On November 23, 2024, BTC formed the left shoulder touching $99k. The head succeeded on December 18, 2024, forming a peak at $108K. The recent 5% decrease to approximately $97,000 suggests the development of the next right shoulder. If
Cardano (ADA) has experienced a volatile week. Its price dipped to a low of $0.91306, marking a 6% drop in the past 24 hours. Despite this downturn, trading volume surged by 25%, indicating increased market activity. Over the past month, ADA has declined by 7%, but a 15% rally in
The community has been contending with the recent price dip after holding out hopes for the 2025 bull run, just the previous day. However, as we exercise our usual optimism the altcoin sector is struggling to prevent price plummets. Meanwhile, the industry has remained quite active, with Ripple leaders meeting
Bitcoin has dropped below $95,000, down 6.05% in 24 hours. The current price sits at $94,661.27, while the market cap has fallen to $1.87 trillion. Trading volume surged by 38.90% to $67.21 billion, reflecting heightened activity amid the selloff. Bitcoin’s market cap ratio remains at 3.52%, with a total supply
The global crypto market has been shaken by a strong bearish pullback, losing 6.58% over the past 24 hours and bringing the market cap down to $3.35 trillion. The altcoin, Solana (SOL) has been hit hard, plunging by 8.32%. Solana is struggling to clear the $200 zone and has begun
The concept of digital asset strategic reserves is gaining a lot of traction these days. While Vancouver Mayor proposed a Bitcoin-friendly city to safeguard reserves, Satoshi Action Fund announced plans to introduce up to 20 Strategic Bitcoin Reserves bills by multiple US states. With the Trump election and an anticipation
Ethereum (ETH) is currently trading at $3,330.61, reflecting a 9.40% decline over the past 24 hours. The market capitalization stands at $401.25 billion, down 9.41% during the same period. Trading volume surged by 71.15% to $37.19 billion, indicating heightened market activity. The market cap ratio has risen to 9.22%. Ethereum’s
Dogecoin (DOGE) has seen a rollercoaster of activity over the past week, marked by dramatic price movements and a surge in whale transactions. After reaching a 20-day high of $0.3968, the meme-inspired cryptocurrency retraced by 10% within 24 hours, trading at $0.3496 at press time. DOGE remains 53% below its
