A huge move lower from $69,000 in November 2021 to around $24,300 in May 2022 in Bitcoin’s (BTC) price has resulted in a sell-off turmoil across the crypto market. Unfortunately, the bearish sentiment has not even spared stablecoins, so-called crypto equivalents of the U.S. dollar, which have been unable to stay as “stable” as they … Read more
The general crypto market has followed suit with significant losses that have led the market worth to go below $1.46 trillion. Investors and analysts are divided on whether it is the start of a prolonged bear trend or a temporary dip as Bitcoin continues a downtrend. LUNA, which depends on TerraUSD, dived from $87 to … Read more
Bitcoin and all other crypto are still trending downwards while fear surrounding the global macroeconomic environment escalates. Losses could accelerate as cryptocurrencies appear to breach vital demand zones. Many traders and investors are at a great loss right now. The market fear and greed index is now in extreme fear. The negative sentiment is being fueled by massive liquidation volume, which now sits at almost $300 million.
The Crypto market is in a strong correction, Bitcoin (BTC) is aiming to hold above $37,000 levels. The correction that occurred during the weekend to till now has made a lot of cryptocurrency prices go down and especially the meme coins. A lot of meme coin prices have gone down by 30%, 40%, and 50%. … Read more
The crypto market has suffered a great liquidation as the market takes a downtrend. While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion … Read more
itcoin bulls are attempting to reclaim the $40,000 level and if this happens, memecoins will also rally up from their previous position. The bearishness that the market displayed last week has made a lot of traders fearful, the fear and greed index is in the fear zone. Would this week push the price of bitcoin rally to $43,000 or there is going to be a leg down to the $37,000 support zone?
Bitcoin continues to struggle as it stays under $40,000, the majority of traders are having a bearish sentiment about the market that bitcoin may bottom at $37,000 before we see any relief rally. Bitcoin Analysis The fallout from the three-month-old rising channel teases further correction in Bitcoin(BTC) price. A successful retest to the breach resistance … Read more
Will Memecoins pump or dump? This is the question every trader and investor is asking as the bitcoin dipped a few days ago and a lot of analysts were predicting bitcoin reaching the $34k support line. Investors have pulled back to look at the market movement before entering again. The fate of the altcoins is … Read more
Expectations remain that Bitcoin (BTC) will continue to decline in the short term, as price compression has become the dominant chart feature of the Easter weekend thus far, saving worried traders another plunge below $40,000. The majority of cryptocurrencies are traded downward. Bitcoin, which leads the pack, couldn’t shake off the retreat. The market is … Read more
After a strong correction on Monday, Bitcoin (BTC) is showing strength to hold above $40,000 levels. The correction that occurred during the weekend to Monday has made a lot of cryptocurrencies prices go down and especially the meme coins. Traders and investors are panicking about what will happen to the crypto market as the American … Read more