Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Bitcoin
Here’s Why The Bitcoin Price Crashed Below $66,000, Taking Shiba Inu And Dogecoin With It
On Sunday, the Bitcoin price saw a sudden crash that sent the likes of Dogecoin and Shiba Inu spiraling alongside it. This crash saw $2,000 wiped off the Bitcoin price in mere minutes, bringing it back down below $66,000. While this decline did not last at the time, there were a few factors behind it, which inflicted worry in crypto investors across the space. Why Did The Bitcoin Price Fall? The Bitcoin price crash below $66,000 had one major factor…
11 months ago
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BitcoinMr. Black to Unveil Groundbreaking 21,000-Piece Ordinal Collection on Bitcoin
Miami, United States, July 22nd, 2024, Chainwire The pseudonymous artist Mr. Black, is about to reveal an Epic 21,000-Piece Ordinal Collection on Bitcoin, proclaiming Divine Inspiration and Potential to Usher in Messianic Age Mr. Black, the elusive and mysterious artist, is set to release a revolutionary 21,000-piece ordinal collection inscribed on Bitcoin, designed to last for eternity. This monumental project, years in the making, is driven by Divine prophecy received on Thanksgiving Night 2023. According to Mr. Black, God took…
11 months ago
Solana (SOL) price surge leaves Bitcoin (BTC) and Ethereum (ETH) in its wake
While most eyes are on Bitcoin and Ethereum, given their own particular tailwinds, Solana is stealing up on the rails, making large dollar gains, as well as outperforming $BTC and $ETH. Is this a sign of what is to come from $SOL for the rest of this bull market? Among the top 20 ranked cryptocurrencies by market capitalization, Solana is leading the field for 7-day gains, 19.3% up on the week. Only Avalanche has done better, with 20.5%. However, the…
11 months ago
Bitcoin Price Retraces To $66,736: Can Bulls Stage A Recovery?
Bitcoin (BTC), the world’s leading cryptocurrency, has recently experienced a pullback, with its price heading for the $66,736 level. This dip follows a period of significant bullish activity that had previously pushed BTC’s price above this mark. As the price of the crypto asset approaches this critical level, the key question is whether the bulls can regain strength and drive BTC back into an upward trajectory. In this analysis, we will examine Bitcoin’s recent price movement with the help of…
11 months ago
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BitcoinExpert Claims Bitcoin Could ‘Go Vertical With A $100,000 Candle’: Here’s The Trigger
As the Bitcoin 2024 conference in Nashville draws near, scheduled for July 25-27, the BTC community braces for what could be a pivotal moment in Bitcoin’s history. The event is attracting unprecedented attention, possibly set to surpass the landmark announcement in 2021 by Jack Mallers that El Salvador would adopt Bitcoin as legal tender. The anticipation around the conference has been significantly amplified by the scheduled appearance of Donald Trump, the leading US presidential candidate. Rumors that began circulating last…
11 months ago
Bitcoin (BTC) reaches top of bull flag – explosion imminent?
On Sunday Bitcoin reached over $68,000 in price, and tagged the top of its long-time bull flag. Is $BTC preparing for an upward price explosion? When will the king of the cryptocurrencies make its move? Bitcoin price preparing for big upside move What a difference three weeks makes. When Bitcoin was teetering on the edge of oblivion at $53,500 in early July, many investors were perhaps looking to sell, and probably many of them did. However, here we are back…
11 months ago
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BitcoinBitcoin To Hit $150,000 This Cycle? Here’s The Truth
The post Bitcoin To Hit $150,000 This Cycle? Here’s The Truth appeared first on Coinpedia Fintech News Bitcoin’s current behavior mirrors patterns observed in previous cycles. Analyst Satoshi Stacker took to his latest video and explained what the next major move for Bitcoin might be, alongside discussions on Ethereum and other key topics, making it crucial to watch from start to finish. He also opened up about the continuous buying pressure on Bitcoin due to spot Bitcoin ETFs, with hundreds…
11 months ago
Bitcoin, Ethereum & Solana Combo ETF Coming Soon : Predicts Head of ETF Store
The post Bitcoin, Ethereum & Solana Combo ETF Coming Soon : Predicts Head of ETF Store appeared first on Coinpedia Fintech News Solana (SOL), the fifth-largest cryptocurrency by market cap, has established itself alongside Bitcoin and Ethereum as part of crypto’s Big Three. With Bitcoin and Ethereum already having spot ETFs or about to launch them, it’s likely that Solana will get one too. This could significantly impact SOL, potentially even greater than what we’ve seen with Bitcoin and Ethereum.Therefore,…
11 months ago
Bitcoin Price Remains Firmly Entrenched in Bull Market; Eyes $74k Levels
The post Bitcoin Price Remains Firmly Entrenched in Bull Market; Eyes $74k Levels appeared first on Coinpedia Fintech News Bitcoin continues to show strong bullish trends on the daily timeframe, yet analysts are flagging short-term warning signals that warrant attention. According to analyst Crypto World, the largest cryptocurrency remains firmly entrenched in a bull market, maintaining its larger bullish trend. The super trend indicator, which is currently green, supports this ongoing positive price structure. Despite occasional pullbacks, the bullish trend…
11 months ago