Category: Market Analysis
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ETH could dip below $3k amid bearish PA
[ad_1] Key takeaways ETH is down 10% and now trades around $3,100 per coin. The bearish performance comes as the broader crypto market records a massive selloff. ETH dips 10% amid wider market selloff Ether, the second-largest cryptocurrency by market cap, has lost 10% of its value in the last 24 hours, sparking increased profit-taking…
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SOL could dip below $120 as ETF inflows and sentiment weaken
[ad_1] Key takeaways Solana is down 10% in the last 24 hours and is now trading below $140. The coin could dip further as the market sentiment weakens. Market sentiment weakens as cryptos suffer huge losses. SOL, the sixth-largest cryptocurrency by market cap, has lost 13% of its value this week, making it the third…
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Bitcoin profit declines amid stabilization of altcoin profits: Glassnode
[ad_1] Key Takeaways Bitcoin profits are currently declining, signaling continued market weakness. Altcoin profits, while weak, have stabilized, diverging from Bitcoin’s performance. Share this article Bitcoin profits are declining while altcoin profits stabilize during a deep capitulation phase, creating an unusual divergence between the two market segments, according to Glassnode. The current market environment reflects…
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Hyperliquid loses $5M in POPCAT attack, HYPE price comes under pressure
[ad_1] The POPCAT manipulation caused the Hyperliquid HLP to absorb $5M in losses. Hyperliquid’s token price currently trades below key EMAs amid bearish momentum. HYPE’s retail demand has dropped, and futures Open Interest has fallen to $1.56B. Hyperliquid price has come under intense pressure following a sophisticated POPCAT attack that left the decentralised derivatives platform…
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Bitcoin Cash price prediction: eyes on the $460 demand zone if support gives way
[ad_1] Bitcoin Cash price is under selling pressure, testing support near $470.8 and $460.3. Bitcoin pullback and market fear amplify downside risks for the BCH price. Key resistance sits at $528.85, with potential upside if support holds. Bitcoin Cash price has come under significant pressure in the past 24 hours, with BCH slipping to $491.09…
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Bitcoin Sells Off Alongside Risk Markets As Investors Smell Smoke
[ad_1] Key takeaways: Disney and other consumer names disappointed on earnings, adding pressure to markets after the prolonged US government shutdown. Analysts see no sign of insider-driven Bitcoin selling, with BTC instead reflecting wider doubts about valuations and US economic stability. The tech-heavy Nasdaq Index fell 2.3% on Thursday after Palantir CEO Alex Karp made…
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Canary XRP ETF sees $26M volume in 30 minutes, poised for record day one
[ad_1] Key Takeaways Canary Capital’s XRP ETF, XRPC, opened with $26 million in early trading. This positions XRPC to potentially break debut day trading records. Share this article XRPC, a spot exchange-traded fund focused on XRP that launched earlier today on Nasdaq by Canary Capital, recorded $26 million in trading volume within its first 30…
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XRP eyes $2.70 despite poor price action
[ad_1] Key takeaways XRP is trading above $2.4 after defending the $2.35 support level. The cryptocurrency could rally towards the $2.7 resistance level soon. XRP defends the $2.35 support level The cryptocurrency market had a positive start to the week, with Bitcoin and other major cryptocurrencies recording excellent gains. Bitcoin hit the $107k resistance level…
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Solana eyes $200 amid growing demand; Check forecast
[ad_1] Key takeaways SOL is trading above $160 after testing the $150 low on Tuesday. The coin could rally towards the $200 level soon amid growing demand and low supply. SOL recovers from Tuesday’s slump Solana’s derivatives market has not fully recovered since the October 10 deleveraging event, which liquidated over $19 billion in crypto…
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BitMine Stock Price Analysis – Bullish for Winter?
[ad_1] BitMine Immersion Technologies’ stock has been under pressure, extending its decline after forming a market top in October. The Bitcoin miner’s price action mirrors previous cycles, where similar drops were followed by potential recoveries. However, with investor inflows still weak, the question remains — can BitMine bounce back this winter? BitMine Is Acquiring Tokens…