Crash

TL;DR Ripple’s XRP dropped by 20% following a market downturn, yet some analysts see this as a buying opportunity. Several other optimistic predictions indicate a bullish outlook for the asset, with potential significant appreciation in its value expected soon. ‘XRP Dips For Buying, Not For Crying’ The cryptocurrency sector experienced a substantial correction on April 14, with its global market capitalization plunging to approximately $2.4 trillion. CryptoPotato reported that the adverse trend resulted in multi-million liquidations, mainly affecting long traders.  Ripple’s XRP…

The cryptocurrency market saw a massive correction in the past two days, starting with a red Friday and followed by a Saturday massacre. While the reasons are still debated, even though they seem to be external and not related to the industry itself, the fact is that the total market cap shed over $400 billion at one point. With the next Bitcoin halving, an event typically regarded as a catalyst for future price increases, just around the corner, the question…

In the last 24 hours, Bitcoin and altcoins encountered significant volatility, resulting in a notable decline, with the overall crypto market capitalization dropping by approximately 8%, settling at $2.53 trillion. This swift market fluctuation may have taken many retail traders by surprise. However, insights from on-chain data reveal that certain large-scale investors, colloquially known as crypto whales, foresaw the downturn and offloaded a substantial portion of their holdings. Crypto Whales Offload Holdings On-chain analysts reported that several institutional investors strategically…

Bitcoin has again experienced a price decline since briefly climbing above the $72,000 mark on April 8. This price dip is believed to be due to a couple of factors, which no doubt present a bearish outlook for the flagship crypto. Inflation Data Expected To Come In Hot The March Consumer Price Index (CPI) data is scheduled to be released on April 10. Some market experts predict that the report will show a rise in overall inflation. This could lead…

Investors in the cryptocurrency space are eagerly awaiting the halving of Bitcoin in order to fuel future market growth. However, top cryptocurrency expert and trader Benjamin Cowen cautions that if the price of BTC follows a previous pattern, there may be a correction. Bitcoin Halving Could Impact Price Negatively Cowen has highlighted a trend that could potentially lead to a significant decline in the crypto asset’s price when the Bitcoin halving event commences, which suggests that BTC could be poised…

There is no doubt that the crypto markets trend upwards, but a flash crash can ruin many investment portfolios. The Bitcoin price saw a $6,000 flash crash, devastating long positions and putting some uncertainty back into markets. Investors are putting their money in more stable investments to combat these unexpected dips. Opportunities like Bitcoin Cash (BCH) — and staking some in Raboo’s first stage presale, where the $0.003 Raboo (RABT) coin will rise 233% during presale and is expected to…

Cardano (ADA) is again in the spotlight as crypto analysts continue to deliberate on its future trajectory. This time, crypto analyst Alan Santana has laid out a bearish narrative for the crypto token, which could cause its price to drop drastically.  How ADA Could Crash To $0.34 In his analysis, Santana stated that ADA’s breakout below the $0.58 price level, which has acted as support for the crypto token for five weeks, signals a bearish sentiment toward it. In line…

Ethena Labs has revealed its latest strategic move: the inclusion of Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe. This decision, aimed at significantly scaling the product’s supply from its current $2 billion, capitalizes on the burgeoning BTC derivative markets for enhanced scalability and liquidity in delta hedging practices. Ethena Labs’ ambitious goal is to leverage the considerable growth of BTC open interest, which has seen a substantial rise from $10 billion to $25 billion in just one…

The post Crypto Market Crash: Bitcoin Price Might Drop to This Level While Altcoins To Plunge 30-40% appeared first on Coinpedia Fintech News In a recent analysis by The Fomo Factory, an expert analyst examined the bullish and bearish signals in the current Bitcoin market, raising concerns about a possible correction. Just days ago, Bitcoin recorded a historic bullish close, surpassing its previous all-time high on a weekly, monthly, and quarterly basis. However, the euphoria seems short-lived as a potential…