Bitcoin

The post Bitcoin Price Crash: BTC Price Drops To $52K Amid Stock Market Crash appeared first on Coinpedia Fintech News The total crypto market cap slipped below $2 trillion for the first time since the bullish breakout in February. Bitcoin’s (BTC) price dropped more than 10 percent in the last 24 hours to trade at about $54,425 on Monday during the early Asian session. The altcoin industry – led by Ethereum (ETH), Solana (SOL), BNB, and XRP – registered a…

The post Crypto Carnage: Bitcoin Crashes Below $54K, Ethereum Plummets 30% In Last 7 Days! appeared first on Coinpedia Fintech News The crypto market’s turbulence has intensified, with Bitcoin plummeting to $54,000, marking a 7.31% intraday drop and a 17% decline over four days. This sharp descent has pushed BTC below its 200-day EMA, with a downtick in the 50-day EMA signaling a looming death cross. Ethereum has also faced significant losses, falling to $2,350, a 30% decrease in seven…

Dogecoin started a major decline below the $0.1150 zone against the US Dollar. DOGE is now trading below $0.100 and showing many bearish signs. DOGE price is down over 15% from well above the $0.1200 pivot zone. The price is trading below the $0.100 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1000 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to…

Bitcoin price declined further below the $55,000 support zone. BTC is down over 15% and might even slide toward the $50,000 zone. Bitcoin gained bearish momentum below the $56,500 and $55,000 support levels. The price is trading below $55,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $56,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start a decent recovery wave if it…

During early Asia trading time, the crypto market experienced a drastic decline. According to CoinGecko, the total crypto market capitalization has dropped by 12.5%, now standing at approximately $1.97 trillion. This marks the first time since mid-February that the market cap has fallen below the $2 trillion mark. Fed’s Rate Stance Spurs Speculation on Emergency Cuts Amid Market Jitters Bitcoin, the largest cryptocurrency by market capitalization, saw its price drop below the $60,000 mark, now trading at $53,399. This figure…

Donald Trump considers Bitcoin as a potential solution to the staggering $35 trillion national debt. Meanwhile, savvy investors are exploring alternative cryptocurrencies to boost their portfolios. This article reveals three promising altcoins poised for significant growth, offering a chance to earn substantial profits and tackle personal debts. Discover which tokens might lead the next market surge. Uniswap (UNI)  Uniswap (UNI) is currently trading between $6.99 and $8.11, with potential for growth despite a challenging month marked by a nearly 15%…

Bitcoin can’t seem to leave the $60,000 price level as it continues to trade in uncertainty. On Saturday, August 3, the cryptocurrency experienced another sharp decline, briefly dipping below the $60,000 mark. Although this drop lasted only a few minutes, it was quite significant, especially given that Bitcoin had traded above $62,000 earlier the same day. This fluctuation has notably impacted market participants, leading to the liquidation of numerous long positions. At the time of writing, over $197 million worth…

Senator Cynthia Lummis has introduced the Strategic Bitcoin Reserve bill to the US Congress, marking the start of a legislative process with significant potential impacts on the cryptocurrency market and US economic policy. On August 3, Senator Lummis announced that the Senate Committee on Banking, Housing, and Urban Affairs received the Bitcoin Act of 2024 (S.4912). US Bitcoin Reserve Bill Begins Legislative Process The Congress website shows that the bill was read twice before being assigned to the committee. It…

The post Bitcoin Cash Up This Week Alongside SOL; Rollblock Outperforms Both As Revenue Share Model Continues Turning Heads appeared first on Coinpedia Fintech News The market looks alarmingly red, but do not let those red candles fool you. It was a bumper week for the crypto markets, and the red indicators are just healthy profit-taking creating buy-low opportunities. Solana and Bitcoin Cash specifically had relatively bullish times, with the Bitcoin Cash price seeing a 50% increase in the last…