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
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
Bitcoin whales make notable entrance into the market. Bitcoin whales have been returning massively to the market after a protracted hiatus. Whale wallets, specifically wallets holding over 1000 BTC, are returning in their droves to the market. Cryptocurrency market cap now above $2,1 trillion. Bitcoin’s Price Could Target $54,000 according to Bloomberg Bitcoin Analysis After … Read more
A lot of traders and investors have been panicking as they see that the crypto market has turned to the red sea due to the dip.