Dip

Crypto prices continue to crash to end the month of April, with Bitcoin falling to $60,800 at press time.  Meanwhile, Ethereum continues to see an even steeper decline, falling by 4% on Tuesday. The ETH price is now on the cusp of falling below $3,000 to end the month.  Why Is Crypto Crashing Today? Crypto prices reacted negatively after the recently approved Hong Kong Bitcoin and Ethereum ETFs missed expectations. As opposed to the anticipated $300 million in trading volume,…

Experts say Toncoin’s (TON) price could surge to $26.04 before the year’s end. Per analysts, the price of Aptos (APT) could decline to $8.12 by May 25. New Investors flock to Milei Moneda’s ($MEDA) presale for massive investment returns. As the crypto market rallied, certain tokens like Toncoin (TON) and Aptos (APT) have underperformed over the past week. Meanwhile, Milei Moneda ($MEDA) has soared through its presale stage, gaining fresh investor interest. With its revolutionary features and explosive growth potential,…

The post Why Is the Market DOWN Today? Should You Buy the Altcoin Dip? appeared first on Coinpedia Fintech News The cryptocurrency market is experiencing a downturn, leaving investors eyeing the shifting prices closely. The question on many minds is whether it’s the right moment to take advantage of the lower prices of various altcoins. Factors that might be influencing market movements are varied and complex. As we move further into the bull run of 2024, understanding these elements is…

The FUD surrounding Ethereum remains incessant.  While on the one side, the XRP army has been accusing the US Securities and Exchange Commission of displaying favouritism towards ETH. On the other hand, the SEC appears poised to not only publicly claim that Ethereum is a security, but also reject spot Ether ETFs in May.  The Ethereum price has impressed the bulls with its resilience as it continues to trade above $3100. However, analysts are cautioning investors regarding the possibility of…

The recent Bitcoin halving event, which cut the block reward for miners in half on April 20, 2024, has sparked a wave of optimism in the cryptocurrency market. While a brief dip in a key futures metric hinted at potential short-term bearishness, overall market indicators suggest a bullish trend taking hold. Analysts at Kaiko, a market data provider specializing in crypto derivatives and futures, reported a shift in Bitcoin’s funding rate leading up to the halving. The funding rate is…

Ethereum price is moving higher above the $3,120 resistance zone. ETH could start a fresh rally if it clears the $3,280 resistance zone. Ethereum is recovering higher and approaching the $3,280 resistance zone. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There was a break above two connecting bearish trend lines with resistance at $3,070 and $3,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it closes…

As the crypto market experiences fluctuations, savvy investors are strategically choosing to buy the dip, recognizing substantial opportunities for growth and innovation in Solana, Cardano, and the new crypto, Raboo. Among these, Raboo stands out with its AI-enhanced meme coin offering, alongside Solana's high-speed blockchain capabilities and Cardano's research-driven sustainability approach. Each platform offers unique advantages that position them as potential leaders in the next big cryptowave. Raboo (RABT): The Next Generation of Meme Coins Raboo is poised to redefine…

The market's recent lows have presented an opportunity for savvy investors seeking significant returns. With the bull run of 2024 underway, identifying undervalued altcoins capable of explosive growth becomes imperative. This article reveals expert strategies for pinpointing such promising investments, focusing on hidden opportunities that could yield returns ranging from 25 to 100 times. Perfect timing and strategic choice are key, and this guide aims to equip readers with the knowledge to make informed decisions during this dip. BlastUP Goes…

A recurring pattern that has been observed during each Bitcoin halving is volatility. With the following event right around the corner, Bitcoin dumped over 10% in the past week, sliding to $62,778. But despite a series of price corrections, the accumulation game remains strong among Bitcoin holders. Accumulation Addresses See Record Bitcoin Inflows Popular crypto analyst Ali Martinez’s latest findings reveal a significant movement of more than 27,700 BTC, equivalent to approximately $1.72 billion, into accumulation addresses amidst Bitcoin’s recent…