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…
Bullish
Cardano (ADA) and Ripple (XRP) Bears Unable to Stop Bullish Momentum Triggering Altcoin Rebound
The post Cardano (ADA) and Ripple (XRP) Bears Unable to Stop Bullish Momentum Triggering Altcoin Rebound appeared first on Coinpedia Fintech News The movements in the prices of Bitcoin and Ethereum have typically triggered the performance of the altcoin market. However, Ripple (XRP) and Cardano (ADA) have stood out for their recent stable performance, even amid the bear market, which affected many other altcoins. This set has driven analysts to predict a hopeful uptrend for altcoins in the future. In…
10 months ago
Tron Bullish Rebound At Support Level Signals Potential Upside To $0.1443
Tron (TRX) is showing strong bullish momentum after a significant rebound at a key support level. This recent shift in momentum suggests that the $0.1443 target is now within reach. As the bullish optimism around Tron’s price continues to grow, traders are closely watching to see if the price could sustain its bullish momentum to reach the $0.1443 level. In this article, we will analyze Tron’s current price movement following the rebound at $0.1259, evaluate the significance of the $0.1443…
10 months ago
Bitwise CIO Reveals Three Super Bullish Signals From Bitcoin ETFs
Despite the muted performance of Bitcoin in recent months, the 13-F filings for the spot exchange-traded funds (ETFs) paint a bullish picture for the BTC price. Bitwise Chief Investment Officer (CIO) Matt Hougan has shared a recap of the three most interesting takeaways from the Q2 filings via X. His findings underscore a growing and sustained institutional interest in Bitcoin, pointing towards an bullish outlook. #1 Increased Institutional Bitcoin Adoption Hougan highlights an impressive rise in institutional engagement with Bitcoin…
10 months ago
Binance Coin (BNB) Signals Bullish Breakout as the Exchange Announces Maiden Re-entry of the Indian Market
The post Binance Coin (BNB) Signals Bullish Breakout as the Exchange Announces Maiden Re-entry of the Indian Market appeared first on Coinpedia Fintech News After teasing with a new all-time high above $700 in early June, Binance Coin (BNB) has continued to consolidate in a bearish outlook in the past few weeks. The large-cap altcoin has viciously defended its fourth position in the crypto industry by market data, despite the notable competition from Solana (SOL). According to the latest crypto…
10 months ago
Is Toncoin’s (TON) Bullish Breakout an Indicator of Similar Price Action on Bitcoin?
The post Is Toncoin’s (TON) Bullish Breakout an Indicator of Similar Price Action on Bitcoin? appeared first on Coinpedia Fintech News The altcoin industry has signalled an inevitable bullish move ahead despite the heightened fear of further capitulation by the end of August and September. Bitcoin’s (BTC) dominance has already flashed a potential cycle top after reaching a high of about 57.67 per cent. Amid the anticipated historical altseason anticipated ahead, the crypto cash rotation to large-cap altcoins can be…
10 months ago
Will The Solana Memecoins Surge Again? WIF, BONK, and POPCAT Make Bullish Signals
The post Will The Solana Memecoins Surge Again? WIF, BONK, and POPCAT Make Bullish Signals appeared first on Coinpedia Fintech News Solana memecoins spikes are traders’ favorite sessions, and after the short bearish phase, the rally is likely to begin again. Amid the crypto market recovery today, top Solana memecoins Dogwifhat (WIF), BONK, and Popcat Sol have shown a significant surge. Additionally, The fundamentals and technicals of these coins paint a bullish ride in the short and mid-term. The Top…
10 months ago
Crypto Market Makes A Bullish Comeback As Bitcoin Price Reclaims $61K!
The post Crypto Market Makes A Bullish Comeback As Bitcoin Price Reclaims $61K! appeared first on Coinpedia Fintech News Over the past 24 hours, the crypto market has recorded a jump of 2.49% in valuation, from $2.09 Trillion to $2.14 Trillion. Further, it has recorded a trading volume of $63.94 Billion, a change of -23.72%. Notably, with a jump of 3.36%, the price of Bitcoin has reclaimed the $61,000 mark with a 24-hour high of $61,123.65. On the other hand,…
10 months ago
XRP Stalls, ADA Falls, DigiHorse (DIGI) Stays Bullish
The post XRP Stalls, ADA Falls, DigiHorse (DIGI) Stays Bullish appeared first on Coinpedia Fintech News XRP has struggled to maintain its recent gains after a notable rally, failing to overcome the resistance at $0.6342 and subsequently retreating. Meanwhile, ADA continues to face a downward trend, with the market showing little interest in reversing the bearish momentum. DIGI’s forecast remains robust, promising early investors a staggering 2150% gain upon its launch. Analysts anticipate that the asset’s price could climb to…
10 months ago
Bittensor (TAO) To Lead The ‘AI Wave’: Analysts Bullish Despite 10% Price Drop
Bittensor (TAO) has been one of the best-performing AI (Artificial Intelligence) tokens this cycle after surging 180% during Q1 2024. The token has significantly retraced from its march all-time high (ATH) and is currently testing key resistance levels. Some crypto analysts seem unsure about TAO’s short-term performance but remain bullish long-term. Bittensor To Lead The ‘AI Wave’? Bittensor Protocol’s token TAO recently saw a major downturn following the broader market retrace. The token, which had recovered the $300 mark in…
10 months ago