Crash

The post Altcoin Market Might Crash 30-40% If Bitcoin Price Drops Below $60K This Week appeared first on Coinpedia Fintech News The total cryptocurrency market cap dropped 3 percent in the past 24 hours to hover around $2.4 trillion on Monday during the early Asian session. The market turned bearish over the weekend as Bitcoin’s (BTC) price continued its recent downward trend.  The flagship coin closed last week around $63k, a major support/resistance level that has increased the fear of…

A crypto analyst has disclosed reasons why the price of Bitcoin could witness more declines to $52,000 lows. According to the analyst, Bitcoin has broken key support levels, which indicates a potential shift from a bullish to a bearish position.  Analyst Projects Bitcoin Crash To $52,000 In a post on X (formerly Twitter) on June 21, crypto analyst, Justin Bennett predicted that Bitcoin could witness a price crash to key ranges between $52,000 and $54,000. He shared a price chart…

The post $54 Million AVAX Sell-Off Triggers MASSIVE Price Crash: Recovery Possible? appeared first on Coinpedia Fintech News Avax, a popular cryptocurrency, experienced a sudden and significant 10% drop recently. This was triggered by a massive transfer of approximately $54.2 million worth of AVAX tokens to major exchanges. The sudden movement has left investors concerned about the cryptocurrency’s stability. Here’s more on this. The Transfer: What Happened? An investigation by ZachXBT revealed that an entity (0x32….4f30) transferred 1.96 million AVAX…

The post Identifying the Strongest Altcoins During the Crypto Market Crash appeared first on Coinpedia Fintech News Analyst Miles Deutscher recently revealed that retail investors are losing faith in new token launches with high valuations and poor airdrop execution, leading to a preference for buying tokens with better public market liquidity. The analyst said that recent projects have had lower valuations in the public market compared to their private market valuations, suggesting that the era of easy VC wins might…

The post Crypto Market Crash: Whales Are Targeting These Three Altcoins appeared first on Coinpedia Fintech News The current sentiment in the crypto market isn’t particularly favorable. To be honest, it’s not an ideal time, but paradoxically according to Altcoin Buzz, it’s always an opportune moment, especially now, to observe counterintuitive movements. The analyst gave a list of coins whales are buying in this dump.  Coin 1: Bitcoin Recent data from LookIntoChain shows Bitcoin whales taking advantage of lower prices…

The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto analyst Ali Martinez has said that Bitcoin may still have a ways to go before the crash is over, prediction another 20% decline from here. Bitcoin Falls Below Major Pricing Band Crypto analyst Ali Martinez posted a new…

Andrew Kang, co-founder of Mechanism Capital, voiced concerns over the potential volatility and impending price correction of Solana (SOL) in a market analysis posted on X. His comments come amid a broader dialogue concerning the delayed second wave of US spot Bitcoin ETFs, which he now anticipates could be pushed back by one to two quarters. He states, “I believe the timeline for this is delayed by 1-2 quarters. Some market views. Experts now suggest that solicitation approval/ETFs added to…

The crypto industry has been a crucial topic in the electoral campaign for the November US presidential elections. This year, presidential candidates have embraced cryptocurrencies to obtain the industry’s support. As a result, the community has capitalized on the momentum with Memecoins. PolitiFi tokens, a new memecoin category inspired by political figures, have performed remarkably this Q2. Trump-inspired tokens have been the talk of the town after the Republican candidate started endorsing cryptocurrencies. However, these memecoins have suffered a massive…

Renowned crypto analyst Doctor Profit recently released “The big altcoin report” for the third quarter of the year, suggesting further downward movement for the market.  Based on historical performance and the current state of the market, Doctor Profit warns of an impending altcoin market crash triggered by an episode of uncertainty and a recent price correction in the top 100 cryptocurrencies, led by Bitcoin (BTC).  However, the analyst remains optimistic, highlighting potential buying opportunities and optimal entry points for several…