Market

A strong outlier in the current market situation, Monero (XMR) moves against the broader downturn that plagues the market. According to CoinGecko, Monero gained nearly 13% since last week, putting the coin under the spotlight as one of the strongest gainers within the bear market.  Monero’s simplicity lends itself to its focus on privacy and reliability, providing great value for both investors and users of the platform. This led to Monero’s semi-autonomous price movement which might continue despite the market’s…

BTC's price has been a hot topic among analysts, with many speculating on its future path. At the same time, there's growing curiosity about Solana's meme coins. This piece delves into market trends and explores which digital assets might be on the rise, offering insights and predictions that could shape buying decisions. BTC Bitcoin Bitcoin is having a hard time lately. The price sits between $54988.61 and $62088.77, showing signs of bearish control. The nearest hurdle for a rise is…

Cryptocurrency markets are known for their wild swings. Amid these ups and downs, some altcoins stand out with strong potential for gains. Discover which five coins have the edge and are poised for growth. Dive into this article to uncover the cryptocurrencies that could maximize returns during turbulent times. MANTRA (OM) MANTRA (OM) is currently trading within a narrow range of 84 to 94 cents, indicating indecisive market sentiment. The bulls appear weak with the price falling below its 10-day…

The post Crypto Market Crashes: Here’s Top Reason Why Bitcoin, Altcoin, & Memecoin Are Plummeting appeared first on Coinpedia Fintech News Despite positive news about potential interest rate cuts in the U.S., Bitcoin (BTC) and Ethereum (ETH) have seen their prices tumble, with other major cryptocurrencies like Solana (SOL), XRP, and various meme coins have also been affected. As the market continues to plummet, several key factors have been identified as the main drivers behind this ongoing crash. Key Reason…

On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Z-Score is currently giving a bearish signal for the BTC market. Bitcoin MVRV Z-Score Has Seen A Bearish Crossover Recently In a new post on X, CryptoQuant author Axel Adler Jr has discussed the latest trend in the Bitcoin MVRV Z-Score. The MVRV Z-Score refers to an indicator that keeps track of the difference between the BTC market cap and realized cap, divided by the standard deviation of the…

Following its renewed peak above $73,000 back in March, Bitcoin has been experiencing a prolonged period of price stagnation ever since, leaving many investors wondering about the potential for future movements. According to a recent analysis by a CryptoQuant analyst under the pseudonym ‘Avocado,’ this stagnation may bear a resemblance to a similar pattern observed in 2019. Why Is Bitcoin Price Still Below $60,000? In the report uploaded on the CryptoQuant QuickTake platform, the analyst suggests that the lack of…

August proved to be one of the toughest months for the crypto market, marked by a significant decline in overall market capitalization, which fell to a six-month low of $1.96 trillion amid what analysts called “Black Monday.”  This downturn saw Bitcoin (BTC) plummet from $68,000 to approximately $49,000, igniting concerns among bullish investors. However, market expert Lark Davis suggests that the choppy sideways price action may soon come to an end, paving the way for a potential surge as bullish…

A prominent crypto trader, known for accurately predicting Bitcoin’s $74,000 all-time high (ATH), is back with another market forecast. This prediction followed the approval of the much awaited Bitcoin ETFs. Now, he anticipates a significant market bounce this fall, and he’s highlighting three altcoins that investors should keep an eye on: Solana (SOL), Dogecoin (DOGE), and MoonTaurus (MNTR). Solana (SOL) Positioned for a Bullish Breakout Solana is currently trading within a range that has captured the attention of many investors.…

With the market at an extremely volatile position, SUI bears pushed their advantage forcing losses on the token’s holders. Despite strong developments on-chain, SUI still flashed red with over a whopping 23% losses since last week.  On-chain, SUI continues to solidify its position in the world of DeFi. However, with the market’s sway on the token, its short-term performance might be clouded by the fear, uncertainty, and doubt present in the market.  NFTs And Gaming Fuel Sui Development  DARKTIMES, an…