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…
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Crypto Markets’ Recovery Halted as Bitcoin (BTC) Dumped Below $62K Again (Market Watch)
Bitcoin recovered a lot of ground yesterday and spiked to $67,000, but the landscape has changed once again in a bearish manner, and the asset plummeted hard today. Most altcoins have followed suit with massive price declines, led by SOL, TON, BCH, and others. Bitcoin’s Struggles Continue It’s safe to say that the past few days haven’t gone exactly BTC’s way. The cryptocurrency stood above $70,000 on Friday morning but slumped hard later that day amid the Fed’s latest announcements…
1 year ago
Bear Market Blues Return as Analyst Predicts 30% Bitcoin Correction to $51K
The bull market euphoria appears to have come to a screeching halt as the crypto market correction continues and digital assets keep dumping. On April 16, prominent market analyst “Cold Blooded Shiller” told his 269,000 followers on X that Bitcoin is “still the cloud that hangs over crypto.” BTC has retreated 15% from its March 14 all-time high, but historical market cycles have seen corrections of more than 30%. This could potentially send BTC prices back to around $51,000, which…
1 year ago
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MarketToncoin Defies Market Turmoil, Surges 25% To Tally All-Time High – Details
Toncoin (TON) has defied recent market turbulence, reaching a new milestone with its price surging to an all-time high of $7.0. This nearly 25% increase has propelled Toncoin to become the eighth largest cryptocurrency by market cap, surpassing Dogecoin (DOGE) with a market cap of nearly $25 billion. Toncoin: Powered By Strategic Partnership Toncoin’s recent momentum can be attributed in part to its partnership with HashKey, which has bolstered investor confidence. Since March, Toncoin has sustained considerable momentum, witnessing a…
1 year ago
Despite Market Challenges for Celestia & Sui, Fezoo Exchange Presale Success Signals Broad Investor Optimism
Cryptocurrency markets can be fickle beasts. Even promising projects like Celestia (TIA) and Sui (SUI) haven't been spared from recent corrections. TIA, a modular blockchain platform, and SUI, a layer-1 blockchain aiming for high throughput, have seen their prices dip amidst broader market turbulence. But amidst these challenges, there is a glimmer of hope form investors – the resounding success of Fezoo Exchange's on-going presale. Let's dissect the current climate for TIA and SUI and explore how Fezoo's features position…
1 year ago
Shiba Inu (SHIB) Burn Rate Surges 18,000%: Price Set to Rise Amid Market Turmoil
Shiba Inu burn rate just skyrocketed by 18,000%. With over 658 million SHIB taken away from circulation, the price of the token has seen a visible uptick. Shiba Inu (SHIB) has emerged as a beacon of resilience in the meme coin ecosystem, with its burn rate skyrocketing by 18,000%. With this outstanding increase, SHIB appears to be defying the odds despite recent market volatility in the crypto ecosystem. SHIB’s Burn Rate Metrics According to data from Shibburn, the Shiba Inu…
1 year ago
Unveiling the Skyrocketing Stars: BRISE, BEFE, and CENX Lead the Crypto Market Today
In the financial market pump and dump is quite common. Every market either stock, bond, or crypto, prices dump once in a while. This type of fall is healthy for the market to move in an upward direction. Whales try to manipulate the market and accumulate or increase their position in the asset. The crypto market has crashed – Yes! It’s like a crash, and most crypto prices are more than 50% down in a month. This can be your…
1 year ago
Top AI Tokens To Stack In This Crypto Market Correction!
The post Top AI Tokens To Stack In This Crypto Market Correction! appeared first on Coinpedia Fintech News The crypto market continues to display a mixed sentiment with top altcoins recording constant fluctuations in their respective portfolio. The Fear, Uncertainty, and Doubt (FUD) type of situation in the industry has now escalated to a new high following the price plunge the market experienced recently. The Artificial Intelligence (AI) category has been one of the most affected categories as top tokens…
1 year ago
Top 7 Altcoin Picks Amidst Crypto Market Turmoil
The post Top 7 Altcoin Picks Amidst Crypto Market Turmoil appeared first on Coinpedia Fintech News Cryptocurrency analyst Matthew Perry has listed ten altcoins worth considering amidst market volatility. Perry’s analysis comes during a period of market turbulence, prompting investors to explore buying opportunities amid price corrections. Perry begins by discussing Solana, explaining its potential for major growth due to its popularity and utility. He said that Solana could surge to much higher levels despite its current market cap. Moving…
1 year ago
These MEME Coins Stand Strong Amidst Market Drop, Bright Future Ahead
The post These MEME Coins Stand Strong Amidst Market Drop, Bright Future Ahead appeared first on Coinpedia Fintech News While the cryptocurrency market faces ups and downs, meme coins like DOGE and SHIB are standing out for their surprising resilience and liquidity. Despite Bitcoin’s fluctuations grabbing attention, these meme tokens are quietly proving their worth, challenging norms, and showing they’re here to stay even in uncertain times. MemeCoin Showing Resilience While recent weeks have seen meme coins facing downward pressure…
1 year ago