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…
Crash
Shiba Inu, Pepe Prices Pump Despite Crypto Crash, While New Dogeverse Meme Coin Also Rises
While the crypto market has seen some bearish price action recently, a few meme tokens are bucking the trend. Over the past 24 hours, Shiba Inu (SHIB) and Pepe (PEPE) have rallied, showing the resilience of joke coins in the current market climate. However, a new meme project called Dogeverse (DOGEVERSE) is generating the most buzz – with many touting it as the next breakout star in this niche. Shiba Inu & Pepe Price Defy Crypto Crash with Resilient Rallies…
1 year ago
Bitcoin Price Analysis: Is Bitcoin About to Crash Below $60K or Stage a Recovery?
Bitcoin’s price has been consolidating above the $60K mark, failing to continue its upward trajectory. Yet, soon, it will become evident whether the market will pull back further or make a new all-time high. Bitcoin Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the price has been rejected from the $70K resistance level and is on its way to retesting the $60K support zone. If Bitcoin breaks below $60K, a massive drop toward the $52K area…
1 year ago
Crypto Market Crash: Top Strategies To Make 10x Profits This Downtrend
The post Crypto Market Crash: Top Strategies To Make 10x Profits This Downtrend appeared first on Coinpedia Fintech News Alex Wacy, a prominent crypto influencer, recently shared insights and strategies for navigating the volatile market conditions, particularly focusing on the potential opportunities in the upcoming altcoin season. In a series of posts on X, Wacy outlined key actions and considerations for investors seeking to capitalize on market movements. Buy Fear, Sell Greed Wacy emphasizes the classic adage of “buy fear,…
1 year ago
Can Bitcoin and Bitcoin Cash Recover As Global Markets Crash?
The post Can Bitcoin and Bitcoin Cash Recover As Global Markets Crash? appeared first on Coinpedia Fintech News The bearish cloud is growing darker over the crypto and global markets due to the ongoing conflict in East Asia. With the tension rising in the global markets, the crypto industry has lost 15% of its total valuation in three weeks and stands at $2.224 Trillion, crashing Bitcoin under $63,000. Amidst such a sell-off, the net inflow of the Bitcoin ETFs has…
1 year ago
Bitcoin (BTC) Price Crash, Shiba Inu (SHIB) Developments, Ripple (XRP) Forecasts: Bits Recap April 15
TL;DR Bitcoin’s price fell by $10,000, possibly influenced by potential US rate hikes and geopolitical tensions, but showed signs of recovery with an anticipated boost from the upcoming halving event. Shiba Inu’s Shibarium network saw a significant increase in daily transactions, signaling growing activity and potential for future gains. Despite a recent price drop, analysts remain optimistic about XRP, viewing it as a buying opportunity with expectations for an upward trend. BTC’s Massive Plunge The last few days were not…
1 year ago
Crypto Market Crash: Top 11 Altcoins To Buy This Dip For 100x Gains
The post Crypto Market Crash: Top 11 Altcoins To Buy This Dip For 100x Gains appeared first on Coinpedia Fintech News Analyst Matt’s Crypto has revealed his top 12 altcoin picks for potential high returns. Despite facing a major downturn in the last 24 hours, Matt remains optimistic, citing historical market behavior. Here is a list of his altcoins for almost 100x gains. Solana : Positioned as a top pick due to its popularity for trading meme coins, Solana has…
1 year ago
Ethereum Whales Go On Buying Spree As Market Crash Leaves Retail Panicking
Ethereum, one of the leading cryptocurrencies, finds itself amidst a price decline alongside the broader crypto industry. This downturn has been exacerbated by escalating tensions in the Middle East, casting a shadow of uncertainty over the market. As the majority of cryptocurrencies experience a bleed in value, Ethereum is not immune to the trend. However, while retail investors panic-sell their holdings, on-chain data presents a different picture. Big player whales in the market are seizing the opportunity to accumulate assets,…
1 year ago
Bitcoin ETF Issuers Push Holdings To 4.27% Of BTC Supply Amid Crash To $61,000
There’s no denying the launch of Spot Bitcoin ETFs has done wonders for the price of Bitcoin and other cryptocurrencies in general. These ETFs have now unlocked institutional demand into the world’s largest crypto asset to change the dynamics ahead of the next halving. On the other hand, recent tensions between Iran and Israel have seen Bitcoin falling to as low as $61,000 in the past 24 hours to undo weeks of price increases. Bitcoin ETF Wallets Now Whale Addresses…
1 year ago
Middle East Conflict Triggered Bitcoin, Crypto Market Crash
On April 13, the cryptocurrency market witnessed a substantial downturn, marked by a nearly 10% drop in Bitcoin and other digital currencies. This decline was instigated by heightened geopolitical tensions in the Middle East, particularly Iran’s attack on Israel. Iran’s Attack Spurs Crypto Market Decline The crypto market experienced a significant price crash, with several altcoins plunging by double digits in response to Iran’s actions. Bitcoin, for instance, saw a rapid decline of $6,000 within minutes of the attack, as…
1 year ago