Crash

Bitcoin (BTC) and Ethereum (ETH) have started September in the red, having already suffered price declines since the beginning of the month. This bearish sentiment towards the foremost cryptocurrencies and, by extension, the broader crypto market is due to several macroeconomic factors. Market Still Feeling The Effects Of The Yen Carry Trade Recent developments suggest Bitcoin and Ethereum are still feeling the effects of the abandonment of the Yen carry trade. The Yen recently surged against the US dollar, suggesting…

The post Top Altcoins To Stack Amid Crypto Crash Today! appeared first on Coinpedia Fintech News With the cryptocurrency market losing its status of $2 Trillion, top tokens have failed to hold the values above their crucial support zones. Following this, limelight categories have dropped significantly over the past few days. However, the ongoing market turmoil can turn out to be an excellent opportunity for top altcoins to outperform major cryptocurrencies during the upcoming AltSeason rally. Scroll down to uncover…

The post How Low Can BTC, ETH, And XRP Price Crash? appeared first on Coinpedia Fintech News Amid intensified bearish sentiment in the cryptocurrency market, the price of Bitcoin broke down its important support trendline of $58,000. Furthermore, with the shares of Nvidia bleeding, Artificial Intelligence (AI) has experienced a major blow. On the other hand, top altcoins continue struggling to hold the values above their crucial support levels. In this write-up, we have highlighted various technical and social sentiments…

Despite initial expectations of a steady price increase and a robust bull run this year, Bitcoin (BTC) has suffered severe declines, pushing its price below the $60,000 threshold. Due to the cryptocurrency’s prolonged bearish performance, a crypto analyst has warned that Bitcoin could decline even further, predicting a potential crash below $40,000. However, the analyst also provides a silver lining to his bearish outlook, anticipating a major rebound after the decline.  Bitcoin May Be Headed For A $40,000 Crash A…

The post OnChain Capital CEO Ran Neuner’s Fall And Comeback, Lost $134M In The LUNA Crash! appeared first on Coinpedia Fintech News Raoul Pal, the CEO and co-founder of Real Vision, in his recent YouTube video, interviewed Ran Neuner, a renowned crypto personality, uncovering his life story around his bankruptcy, and discussing how the LUNA crash played a major role in his downfall and comeback. The Onchain Capital CEO has been a part of the crypto industry since 2015. He…

The post US Stock Market’s Hints At Recession, Bitcoin Crash Imminent? appeared first on Coinpedia Fintech News There is a link between broader cryptocurrency and the US Stock Market, although the correlation may not be super strong. Often when one goes up, the other goes up too and if Bitcoin does go up, altcoins follow too, although there is some delay. But if the US stock market falls into recession, could it affect Bitcoin and the broader crypto market? Read…

The post Crypto Market Crash: Over $161 Million Liquidated as Bitcoin Price Dips Further appeared first on Coinpedia Fintech News The crypto market cap, led by Bitcoin (BTC), dropped nearly 3 percent in the past 24 hours to hover about $2.11 trillion on Monday, September 2, during the early Asian session. After closing last month below the crucial support range between $58k and $60k, Bitcoin price opened this week with a bearish outlook.  The flagship coin dropped 3 percent on…

The post Crypto Market Crash: Bitcoin Drops Below $58,000, Ethereum Retests $2.4K Mark! appeared first on Coinpedia Fintech News The cryptocurrency market has entered September on a bearish note by losing 1.86% within the past day, from $2.05 Trillion to $2.02 Trillion. Despite recording a 100% increase in its trading volume to $27.82 Billion, Bitcoin price has plunged below $58K with a correction of 1.81%. Moreover, it has recorded a 24-hour High/Low of $58,762.49 and $57,136.03 and is currently valued…

The post Will Solana Price Crash? Institution Dumps $19.5M of SOL appeared first on Coinpedia Fintech News Market sentiment suggests that Solana’s (SOL) price may crash to the $80 level. On August 31, 2024, the on-chain analytic firm Lookonchain made a post on X (previously Twitter) that Crypto Whale or Institution dumped a significant 139,532 SOL worth $19.5 million to Binance at a loss of $5.5 million. Solana Whale Sell-off 140K SOL  According to a post on X, the whale…