Bearish

As the broader cryptocurrency market faces bearish sentiment, Helium (HNT) and Mpeppe (MPEPE) have defied the trend, experiencing impressive rallies. While Helium (HNT) continues to make strides in the decentralized wireless network space, Mpeppe (MPEPE)’s meme-powered gambling platform has captured the attention of investors. Here’s why these two cryptocurrencies are outperforming the market during these challenging times. Helium’s (HNT) Decentralized Network Expansion Fuels Growth Helium (HNT)’s innovative approach to building decentralized wireless networks has allowed it to stand out during…

Bitcoin has continued its bearish momentum as its price has now slipped below $56,000. Here’s what could be behind this trajectory, according to CryptoQuant’s Head of Research. Bitcoin On-Chain Metrics Are All Giving Bearish Signals Right Now In a new thread on X, CryptoQuant Head of Research Julio Moreno has discussed why the original cryptocurrency has been struggling recently. “Bitcoin price is down simply because there is no demand growth,” notes the analyst. To showcase how demand for the asset…

This week has proven difficult for Bitcoin and the broader crypto market. After nearly reaching the $60,000 mark, Bitcoin’s price has dropped about 5%, currently trading at approximately $56,400. Significant outflows from spot Bitcoin Exchange Traded Funds (ETFs) notably influenced the downturn. Crypto Market Enters Extreme Fear as Bitcoin Struggles Although US markets were closed on Monday, substantial withdrawals resumed thereafter. On Tuesday, spot Bitcoin ETFs saw a net outflow of $287.78 million. Subsequently, on Wednesday, ETFs recorded a further…

The post Ethereum Under Pressure – Analyst Bearish Outlook, Eyes on $2,200 appeared first on Coinpedia Fintech News In this ongoing market sell-off, WazirX exploiter and Ethereum foundation have moved millions worth of Ethereum (ETH) and made the sentiment more bearish. Recently, the on-chain security firm CertiK Alert made a post on X (previously Twitter) that the exploiter transferred a significant 3,000 ETH worth $7 million to TornadoCash. #CertiKInsight Over the course of today, the @WazirXIndia exploiter has transferred 3k…

The post Will Bitcoin Price Crash? Whale Activity and Metrics Show Bearish Signs appeared first on Coinpedia Fintech News Bitcoin (BTC), the world’s biggest cryptocurrency is poised for a massive price crash as whales and institutions have dumped notable BTC in the past 24 hours. On September 5, 2024, prior to the opening of the US Stock market, a smart Bitcoin whale dumped a significant 680 BTC worth $38.77 million to the Binance. Whale Sell-off Millions Worth BTC This smart…

Bitcoin faces mounting pressure as crucial indicators signal a potential drop to the $53,541 mark. With sellers gaining momentum and technical charts flashing red, the cryptocurrency is struggling to find a foothold in a volatile market.  Traders are watching closely to see if the bearish trend will continue or if a reversal is on the horizon as BTC hovers near critical support levels. The next few days could be crucial in determining Bitcoin’s short-term trajectory. As Bitcoin faces increasing selling…

The cryptocurrency market has always been a rollercoaster of emotions, with assets swinging between bullish optimism and bearish despair. Ethereum (ETH), one of the largest and most influential cryptocurrencies, is no stranger to this volatility. As the market takes a cautious turn, ETH whales are looking for safe havens to protect their investments, and Mpeppe (MPEPE) has emerged as an intriguing option. Roller coaster: Ethereum (ETH) Under Pressure Ethereum (ETH) has recently faced significant selling pressure, leading to a downturn…

The post What’s Next For Bitcoin, Ethereum, And Ripple, As September Starts Bearish? appeared first on Coinpedia Fintech News The cryptocurrency market has resumed September on a bearish note. This comes after Bitcoin and Ethereum ETFs had a steep fall on the charts. Consequently, Blackrock, the 3rd largest Bitcoin holder has liquidated some of its position. This has resulted in FUD amongst a few investors.  With this, questions like “Is the crypto bull run delayed?” and “Will the crypto bull…

Bitcoin (BTC) has just suffered bearish weekly and monthly candle closes that make it hard to be optimistic for the month of September. Will Bitcoin now lead the crypto market down to much lower levels?  Monday manipulation? With a bank holiday in the U.S., and Bitcoin thinly traded and lacking real volume, Monday could be a day where the $BTC price is manipulated quite heavily. Which direction this could take will be up to those doing the manipulating - if…