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…
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Top 3 Cryptocurrencies That Are Not Bitcoin (BTC) to Buy in September 2024
The post Top 3 Cryptocurrencies That Are Not Bitcoin (BTC) to Buy in September 2024 appeared first on Coinpedia Fintech News The crypto market remains under Bitcoin’s dominance, with its value frequently dictating broader market sentiment. However, as Bitcoin’s price undergoes periodic fluctuations, opportunities arise to explore alternative cryptocurrencies that could yield significant returns. Bitcoin, which recently saw notable price movements, continues to dominate, but savvy investors are shifting their focus to other potential gains. September 2024 presents a crucial…
10 months ago
Chart Patterns Suggest Bitcoin Price Could Smash $100K in Q1 2025
The post Chart Patterns Suggest Bitcoin Price Could Smash $100K in Q1 2025 appeared first on Coinpedia Fintech News There is an exciting update for Bitcoin enthusiasts. We all know that the Bitcoin market is currently not in a good position. It has seen a 7-day drop of 7.8% and a 30-day fall of 8.75. Its current price is just $59,203.54 – far lower than its March peak point of over $73,000. A chart pattern observed by a cryptocurrency expert,…
10 months ago
Bitcoin Hash Price Hits New Low — Is It Time To Buy?
The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August. As of this writing, the premier cryptocurrency is valued at $59,131, with no significant price change in the past day. Interestingly, the Bitcoin price appears to be nearing a bottom and gearing for a rebound, according to the latest on-chain data. Is Bitcoin Price Resuming Its Bull Run? A pseudonymous analyst on CryptoQuant’s Quicktake platform has…
10 months ago
Bitcoin Braces For Potential September Downturn; Matrixport Highlights Key Risks
Bitcoin investors are bracing for September, historically the worst month for the cryptocurrency’s price. Digital assets platform Matrixport has issued a warning, suggesting Bitcoin could see further declines this month due to various looming risk factors. Matrixport highlighted that Bitcoin faces additional pressure this year, which could impact its price. In its Matrix on Target report, the firm pointed to several key influences, including the US tech sector’s outlook, the Federal Reserve’s decisions, and the upcoming presidential debates, all of…
10 months ago
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BitcoinIs Bitcoin Still a Safe Bet? Michael Saylor’s Latest Statement Could Surprise You!
The post Is Bitcoin Still a Safe Bet? Michael Saylor’s Latest Statement Could Surprise You! appeared first on Coinpedia Fintech News As Bitcoin’s price takes a break from its recent rally, Michael Saylor, the chairman of MicroStrategy, has shared a strong message with the cryptocurrency community. Saylor, who has long been a vocal supporter of Bitcoin, tweeted, “Success isn’t random—it’s calculated. Bitcoin.” This statement hints firm belief in the future of Bitcoin. Michael Saylor’s Big Statement Michael Saylor recently shared…
10 months ago
Elon Musk’s Dire Warning: Can Bitcoin Be the Safe Haven Amid U.S. Economic Turmoil?
The post Elon Musk’s Dire Warning: Can Bitcoin Be the Safe Haven Amid U.S. Economic Turmoil? appeared first on Coinpedia Fintech News The rising national debt has been a major concern in America, and it has caught the attention of Elon Musk, the billionaire CEO of Tesla, SpaceX, and X Corp. Musk has issued a stern warning about the U.S. government’s overspending, suggesting that it could lead the country toward bankruptcy. This warning has prompted discussions on Wall Street about…
10 months ago
Bitcoin Set For Further Losses As Data Points To Stormy September – Details
According to data from CoinMarketCap, Bitcoin has experienced a turbulent end to August, losing 7.75% of its market value in the final week. This price decline underscores the overall negative performance of the crypto market leader in the last month, with a recorded monthly price decline of 10.64%. Interestingly, amidst this downtrend, the asset’s historical price data indicates that the bears may retain market control in the coming weeks. September Popular For Negative Returns, Analyst Says In an X post…
10 months ago
Have Crypto Winters Began: Is Bitcoin (BTC) Price Heading Back to $40,000 in September?
The post Have Crypto Winters Began: Is Bitcoin (BTC) Price Heading Back to $40,000 in September? appeared first on Coinpedia Fintech News Bitcoin bulls are offering a strong base but appear to be in a dilemma as they are failing to push the price above $60,000. The markets are heading towards one of the crucial phases, which is largely considered a ‘bearish month’ in history. Now that the price is juggling around a certain range, the next price action appears…
10 months ago
Bitcoin Whales vs. Diamond Hands: Will BTC’s Future Be Bullish or Bearish?
The post Bitcoin Whales vs. Diamond Hands: Will BTC’s Future Be Bullish or Bearish? appeared first on Coinpedia Fintech News The Bitcoin market never lets the investors have a moment of peace. Even at the current time, the market is giving out mixed signals that leads traders and investors into confusion. They are unable to decide whether to brace for a downturn or stay optimistic about the bull run. On one hand we have whales making spooking moves while on…
10 months ago