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…
BTC
Bitcoin (BTC), Ethereum (ETH) and Solana(SOL) Price Prediction For This Week
The post Bitcoin (BTC), Ethereum (ETH) and Solana(SOL) Price Prediction For This Week appeared first on Coinpedia Fintech News As a new week unfolds, fresh candlesticks ignite the ongoing scrutiny of Bitcoin’s price trajectory. Cryptocurrency analyst Crypto World has brought attention to major price shifts in Bitcoin and Ethereum, offering details into pivotal levels and emerging market signals. Starting with Bitcoin, Crypto World explained the importance of a recent retest of a crucial support level in the short term. Bitcoin’s…
1 year ago
Bitcoin (BTC) Price Might Drop Below $50K Level: Here’s Why
The post Bitcoin (BTC) Price Might Drop Below $50K Level: Here’s Why appeared first on Coinpedia Fintech News Cryptocurrency analyst Dylan took to the channel Crypto Banter and opened up about Bitcoin, which is trading above the $62k level, which according to him is a positive sign after a tough week. There’s also excitement about Ethereum’s strength and potential moves in its ecosystem. He reminded viewers to stay engaged because a lot is happening, including news about a Hong Kong…
1 year ago
Over 45,000 Liquidated Traders as Bitcoin (BTC) Slides Below $62K and Meme Coins Bleed Out
More than 45,000 over-leveraged traders have been liquidated in the past 24 hours as the cryptocurrency market turned red again. Some of the biggest daily losers come from the ever-volatile meme coin industry, with BONK, PEPE, and FLOKI leading the adverse trend. Bitcoin/Price/Chart. Source: TradingView CryptoPotato reported the substantial gains charted by most larger-cap cryptocurrencies yesterday, with bitcoin jumping above $64,000 a couple of times. However, the asset failed to overcome that level decisively and the bears have reemerged since…
1 year ago
Crypto Weekly Roundup: Tesla HODLs BTC, Cosmos Fixes Vulnerability, & More
This week marked the launch of Grayscale’s newest Bitcoin offering with the lowest-ever fee to win back investors after experiencing significant outflows totaling billions of dollars from its Grayscale Bitcoin Trust. Let’s find out more. Bitcoin Hong Kong’s securities regulatory body, SFC, has approved the launch of Bitcoin and Ethereum ETFs, which will offer investors a regulated and secure investment option starting April 30th. Elon Musk’s Tesla has held on to its BTC reserves for the seventh quarter in a…
1 year ago
Ethereum (ETH) Soars Above $3.3K, Bitcoin (BTC) Aims for $64K (Weekend Watch)
Bitcoin’s price actions were quite bearish for the past few days once again as the asset fell to $62,300 yesterday but managed to regain almost two grand since then. The altcoins have also turned green today, with ETH jumping above $3,300 and SOL reclaiming the $140 level. BTC Challenges $64K It was just over a week ago when BTC went through its fourth halving, slashing the block rewards by half for the miners. At the time, the asset’s price had…
1 year ago
Altcoins Crash Once More as Bitcoin (BTC) Slips to $63K (Weekend Watch)
Bitcoin’s price recovery attempts from the business week have come to a halt as the asset slumped to $62,400 earlier before bouncing off to around $63,000 as of now. The altcoins are in no better shape, with most of the market turning red today. The total crypto market cap is down by $150 billion in two days. BTC Dumps to $63K Bitcoin’s price actions before and after the fourth halving, which was completed last Friday, have been quite underwhelming. The…
1 year ago
Bitcoin Under Pressure But Whales Hold Over $331 Billion Of BTC: A Sign To Buy?
While Bitcoin prices struggle for momentum and are caged inside a narrow range, on-chain data tells a different story. Taking to X, one analyst notes that whales, which are large crypto holders, are actively accumulating the world’s largest coin by market cap. Bitcoin Whales Accumulating Despite Weakness By the time this data was shared, Bitcoin whales held over 5.1 million BTC worth a staggering $331 billion. That there is still demand when the coin moves in a narrow range flies in…
1 year ago
Strike CEO Predicts $1 Million BTC Amid COVID-Level Money Printing
Bitcoin could be headed to $1 million after a tsunami of newly printed cash drives up all asset prices, according to Strike CEO Jack Mallers. The executive, whose payments app lets people remit fiat currency around the world on Bitcoin rails, said in a Friday interview that money printing will be required to bail out the U.S. bond market, which he claims is “in trouble for the first time in modern financial history.” A Recipe For Money Printing According to…
1 year ago
BlackRock’s Bitcoin ETF (IBIT) Continues To Hit Zero Inflow! Here’s What It Means For BTC Price
The post BlackRock’s Bitcoin ETF (IBIT) Continues To Hit Zero Inflow! Here’s What It Means For BTC Price appeared first on Coinpedia Fintech News After a 71-day streak of continuous inflows, BlackRock’s Bitcoin ETF, IBIT, has experienced a sudden stop with no new inflows. This sudden halt has raised concerns among investors, especially as Bitcoin consolidates around the $64,000 level. Many analysts view this as a bearish indicator for Bitcoin’s price, suggesting that the cessation of inflows from a leading…
1 year ago