Crash

The post Why Did Ethereum Drop? Will ETH Price Crash To $2K? appeared first on Coinpedia Fintech News After attempting to follow Gold in a bullish outlook in the past few weeks, Ethereum (ETH) led the altcoin industry in significant losses in the past 24 hours. The large-cap altcoin, with a fully diluted valuation of about $297 billion and a daily average traded volume of around $20 billion, dropped nearly 8 percent in the last 24 hours to exchange about…

Crypto analyst CrediBULL Crypto has provided deep insights into what to expect from the Ethereum price action going forward. The analyst predict that the second largest crypto token by market cap will still rise to $3,000 but noted that a crash will happen first.  Ethereum To Rise To $3,000 Soon Enough In an X (formerly Twitter) post, CrediBULL Crypto shared a chart that showed that Ethereum would rise to $3,000 sometime in September. However, the analyst’s chart also showed that…

The post Toncoin Price Analysis: Durov’s Arrest Triggers Market Crash; Investors Flee appeared first on Coinpedia Fintech News Telegram founder Pavel Durov’s controversial arrest over the weekend by French authorities at Le Bourget airport has triggered a spike in on-chain activity for the Toncoin (TON) network. Amid concerns about the potential fallout, TON’s price has accelerated its decline. TON Price Action Turns Bearish Toncoin, a major altcoin with a fully diluted valuation of $28 billion and an average daily trading…

Shiba Inu’s Shibarium recently suffered a major setback following a massive crash in active accounts on the layer-2 network. This development undoubtedly presents a bearish outlook for Shiba Inu, considering Shibarium’s impact on the meme coin’s price.  The Shiba Inu Shibarium Records 97.6% Crash In Daily Active Accounts Data from Shibariumscan shows that the layer-2 network suffered a 97.6% crash in its daily active accounts between August 20 and 22. Daily active accounts on Shibarium peaked at 2,955 on August…

The post Bitcoin on the Brink: Will U.S. Jobs Report Trigger a Bear Crash or a Bull Rally? appeared first on Coinpedia Fintech News Major cryptocurrencies fell on Wednesday as the market prepared for the upcoming U.S. jobs report and anticipated speeches from policymakers likely to advocate for interest rate cuts. However, Bitcoin’s price dropped by 2%, trading at $59,456, which has investors worried as it hovers near important support levels. As the market awaits more details, the big question…

The post Top Crypto to Buy Today in Market Crash appeared first on Coinpedia Fintech News Top Crypto to Buy: The overall cryptocurrency market is experiencing significant selling pressure as the US government and Mt Gox moved notable Bitcoin (BTC) in recent days. Amid this market downturn top cryptocurrencies that have the potential to skyrocket in the coming days are trading at very discounted prices. These top crypto include Ripple’s native token XRP, Solana (SOL), Dogecoin (DOGE), and Dogwifhat (WIF). …

The post Alert! Solana About to Crash – Traders Watch These Crucial Levels appeared first on Coinpedia Fintech News Solana (SOL), the world’s fifth-biggest cryptocurrency looks to crash as it has broken down a crucial bearish price action pattern. According to price action and technical analysis, SOL has recently experienced a breakdown of bearish head-and-shoulder price action patterns in a 4-hour time frame.  Solana Price Prediction for August 2024 If SOL closes a 4-hour candle below $137.5, there is a…

The post Crypto News Today: Is Toncoin Headed for a Crash Despite Binance Buzz? appeared first on Coinpedia Fintech News Earlier this week, Binance, the largest cryptocurrency exchange by trading volume and global users, added Toncoin (TON) to its Launchpool and Super Earn programs. This allows Binance users to farm 7.6 million TON tokens by staking BNB, FDUSD, and TON. Interestingly binance binance binance@miceneurol.com Centralised Exchange announced earlier on Friday that it would be launching an additional quota with a…

The post Is the Next Crypto Market Crash Coming? How Japan’s Economic Shifts Might Impact Bitcoin appeared first on Coinpedia Fintech News The cryptocurrency industry, led by Bitcoin (BTC) and Ethereum (ETH), has been attempting to recover from the recent global market crash. The rising correlation divergence between major stock indexes and Bitcoin has increased fear of further crypto capitulation.   While Bitcoin price has hovered around $58k in the past 24 hours, Japan’s NIKKEI 225 Index jumped nearly 4 percent…