Crash

In the aftermath of a tumultuous week that saw Bitcoin (BTC) plummet to a seven-month low of $49,000 on Monday, global financial markets were rattled by a significant downturn, sparking concerns across stock exchanges and the crypto sphere.  However, amid the chaos, Bitwise’s Chief Investment Officer Matt Hougan analyzed the drivers behind the recent market meltdown. He explained why he believes traders’ fears may be misplaced and that the market dip holds key opportunities for potential Bitcoin price appreciation. Crypto Crash…

The Bitcoin crash may be over, as a crypto trader has predicted a significant rebound for the pioneer cryptocurrency, foreseeing Bitcoin soaring to new all-time highs of $90,000. This bullish projection comes amid the recent downtrend in the price of Bitcoin, which saw a dramatic crash below $50,000 at some point over the past few weeks.  $90,000 Rebound Target Set For BTC In an X (formerly Twitter) post on August 5, crypto analyst, Peter Brandt made a bold prediction, suggesting…

The post Top Altcoins to Survive the Crypto Crash: Experts Spot 3 Metrics Signaling Bitcoin Reversal appeared first on Coinpedia Fintech News The crypto market is currently in a dip, with Bitcoin (BTC) falling 30% from its peak. A glimmer of hope appears: the tides may be shifting. A Bitcoin (BTC) bounce is looking increasingly likely, and that could be the tipping point that sends the market into a bullish turnaround. Ethereum (ETH), Solana (SOL), and others present promising opportunities…

The post Top 10 Altcoins to Transform Your Portfolio: 10x Potential During the Crash appeared first on Coinpedia Fintech News As the cryptocurrency market readies for its next bull run, several altcoins stand out for their potential to deliver substantial returns. Here’s a look at the top 10 altcoins recommended by crypto analyst Matt’s Crypto in his YouTube video, each promising significant gains. Pepe (PEPE) Pepe, a standout in the meme coin sector, has skyrocketed over 20x since May 2023.…

The post Bitcoin Death Cross Could Lead to a Catastrophic BTC Price Crash appeared first on Coinpedia Fintech News Similar to July, the August trade started on a huge bearish note. In the first week of August, all crypto assets face extreme bearish heat, with the star token, Bitcoin, plunging below $60,000 for a while. This shows that Bitcoin is approaching a “death cross,” a technical pattern where the 50-day moving average (SMA) falls below the 200-day SMA. This pattern…

The post Solana Price Prediction: Analyst Warns of Major SOL Price Crash appeared first on Coinpedia Fintech News The Solana (SOL) network, a top-tier web3 ecosystem aiming to dethrone Ethereum (ETH) as the top smart contract blockchain, has experienced a significant rise in on-chain activity in recent times. Amid heightened fear of further crypto sell-off in the coming weeks, the Solana price invalidated a possible bullish breakout following a notable decline last week and on Monday.  According to the latest…

After a black Monday worthy of the name, when $BTC crashed all the way down to $49,300, the king of the cryptocurrencies has recovered to $56,000 on Tuesday. Will the recovery continue, or is this just the beginning of a headlong crash into the next bear market? Crypto 24-hour trading was the achilles heel Bitcoin and crypto trade 24 hours, every day of the year. This is a major advantage that this innovative sector has over traditional markets. However, over…

The post Is the Crypto Crash Over? Market Recovers with Impressive $2 Trillion Cap appeared first on Coinpedia Fintech News The crypto market has significantly rebounded from Monday’s crash despite the heightened forced liquidation of leveraged traders. Led by Bitcoin (BTC) and Ethereum (ETH), the crypto market registered heightened trading volume in the past 24 hours. For instance, Bitcoin recorded a more than 90 percent rise in daily average traded volume to about $93 billion. Consequently, Tuesday’s total crypto market…

The post What’s Next For Ripple (XRP) And Cardano (ADA) As Crypto Market Crash! appeared first on Coinpedia Fintech News With the rising FUD for a global recession around the world, the cross-border markets have experienced a significant correction in their respective portfolios. Moreover, market leader Bitcoin price has recorded a 24-hour low of $49,121.29. Following this, top altcoins have recorded a similar price action and have plunged below their important support levels. Ripple’s XRP and Cardano’s ADA tokens were…