Crash

The Bitcoin price continues to face steep correction, declining another 5% today on Thursday. The largest cryptocurrency has now dipped below $56,000 and faces a considerable risk of falling to the $52k mark. Unsurprisingly, altcoins are faring much worse, with tokens like Dogwifhat, Chainlink and Brett down double digits.  CoinMarketCap’s Crypto Fear and Greed index is now leaning towards Fear, which accurately sums up the market sentiment.  However, despite the crypto market crash today, smart money traders believe that investors…

The post Robert Kiyosaki Predicts Major Market Crash, Followed By Bitcoin’s Climb To $10 Million appeared first on Coinpedia Fintech News The technical charts indicate the biggest crash in history is coming, shared Robert Kiyosaki in an X post. Prices of real estate, stocks, bonds, gold, silver, and Bitcoin will crash. He also wrote that technical charts indicate a major long-term bull market cycle, with the bull market climb starting in late 2025. He highlighted that this bull market cycle…

Bitcoin’s price has fallen below the critical support level of $60,000, reaching a low of $57,914. Since Tuesday, Bitcoin has experienced a further 7% decline, reinforcing the ongoing downward trend. Currently, market sentiment is shifting markedly towards the bearish side. Is A May 2021-Style Bitcoin Crash Looming? Andrew Kang, co-founder of Mechanism Capital, has raised significant concerns regarding the pattern emerging in the Bitcoin market, reminiscent of the conditions that led to the dramatic crash of May 2021. In a…

Bitcoin continues to be incredibly bearish amid negative market headwinds but that has not stopped investors from taking their positions during this time. These large investors who are holding more than $600,000 worth of Bitcoin have been accumulating BTC at an accelerated rate over the last six months. Bitcoin Holders Increase Wallet Holdings On-chain data tracking platform, Santiment, recently revealed that Bitcoin investors have been increasing their holdings over the last six months. According to the report posted on X…

The crypto market is down again, with the Bitcoin price testing the $60,000 support level for the 9th time and momentarily dipping below the crucial mark.  Fortunately for the bulls, BTC has climbed back up to $60,500, temporarily invalidating the worst-case scenario of falling to $48,000.  Large-cap altcoins have also suffered heavy losses, with Dogwifhat, Ethereum Name Service and Brett all down by double digits.  The crypto market crash has pushed investors towards presale projects again, considering they are not…

The post Bitcoin Price Prediction: No Confirmation Of Bullish Reversal, Major Crash To $56k On Cards appeared first on Coinpedia Fintech News Analyst Josh of Crypto World took to his latest analysis and revealed that Bitcoin is still showing a short-term bearish signal, repeating its past price movements. He said that over the last day, nothing major has changed. Examining the daily Bitcoin chart, he saw that the DXY (U.S. Dollar Index) is trending upwards, forming higher lows and highs,…

Crypto trader Duncan has explained why he is “extremely long” on Ethereum (ETH) despite the crypto token’s recent drop to around $3,400. He emphasized the Spot Ethereum ETFs, which he believes could spark a significant rally for ETH. A ‘Significant Upside Repricing’ Could Be On The Horizon ForTHEEthereum Duncan mentioned in an X (formerly Twitter) post that he believes that the market is way too bearish at the moment and that there could be a “significant upside repricing” for Ethereum…

Dogecoin (DOGE) whales look to have used this recent price crash as an opportunity to accumulate the foremost meme coin. This provides a positive development for Dogecoin, and the meme coin has already reacted positively, seeing how its price has recovered in the last 24 hours.  Dogecoin Whales Accumulate More DOGE Data from the market intelligence platform IntoTheBlock shows that Dogecoin witnessed $1 billion in large transactions these past few days. Large transactions refer to ones that involve $100,000 worth…

Bitcoin-based crypto investments have witnessed another week of outflow in what was an unpleasant week for Bitcoin and other cryptocurrencies. Bitcoin investors, in particular, were disappointed as they watched the price of the world’s biggest asset decline during the week, temporarily falling below $60,000. According to recent inflow data from CoinShares, this correction also flowed into crypto investment products. Notably, crypto investment products registered $584 million outflows last week to extend outflows to $1.2 billion in two weeks. True Correction…