Market

As the cryptocurrency market rebounds, an analyst renowned for accurate predictions has predicted that Bitcoin (BTC) will reach $100,000 by year-end. The analyst also anticipates a 2000% bull move for MoonTaurus (MNTR), a rising meme coin gaining significant attention as a strong competitor to PEPE. $100,000 for Bitcoin (BTC) Programmed The current price of Bitcoin (BTC) is $63,449, with a 24-hour trading volume of $102.71 billion and a market cap of $1.25 trillion. Despite a 1.12% decline in the last…

The post Bitcoin Price Analysis: Will Japan’s Stock Market Crash Trigger a Crypto Bull Rally? appeared first on Coinpedia Fintech News The Bitcoin market is currently experiencing a period of weakness, with a 9.3% decline over the last 30 days. As of now, BTC is priced at $60,385.16 — significantly lower than the peak it reached in mid-March. But how long must investors wait for a strong bullish trend to emerge? According to a recent revelation by a crypto expert,…

September has historically marked a bearish period for the crypto market, often signaling a challenging third quarter. Amid this week’s erratic price movements, experts anticipate further volatility. In this uncertain climate, seasoned analysts provide strategic insights to trade the rough waters of the crypto market. Analysts Share Altcoin Trading Strategies Miles Deutscher, a prominent crypto analyst, advises traders to target “quality altcoins” during significant dips. Deutscher defines quality as strong narratives and relative strength against the broader market. He recommends…

The post Altcoin Rebound on the Horizon? A Look at Bitcoin’s Market Impact appeared first on Coinpedia Fintech News Less than 72 hours to the monthly close, it is more evident that Bitcoin’s (BTC) price will likely end the turbulent August with a bearish outlook. Nevertheless, Bitcoin price established a robust support level above $58k in the past weeks, thus positioning the altcoin industry for a further rebound in the near term.  Correlation Study Between Altcoin Industry and Bitcoin  According…

Amid growing global economic uncertainties looming over financial markets, including crypto, Warren Buffett has made a significant move by selling an additional $982 million worth of Bank of America stock.  Buffett’s Sale Of Bank Of America Shares According to Bloomberg, this sale marks the continuation of his conglomerate’s reduction of investments in the second-largest US bank. Berkshire Hathaway has trimmed its stake by nearly 13% through sales since mid-July, generating $5.4 billion in proceeds.  These sales mark Buffett’s most substantial…

Dogecoin (DOGE), once celebrated for its meteoric rise and community-driven success, is currently experiencing a significant price dip. This downturn has led to intense speculation about whether it signifies a mere market correction or hints at a deeper, long-term trend. Market corrections are common in the volatile crypto landscape, often driven by shifting investor sentiment or external economic factors. Understanding these dynamics is crucial for investors assessing the future of Dogecoin (DOGE). Mpeppe (MPEPE): Why It’s Gaining Traction In the…

The post Crypto Market Today: Bitcoin Falls Below $60K Again, Is This the Start of a Downtrend? appeared first on Coinpedia Fintech News Bitcoin has been keeping everyone on edge lately with its dramatic price swings, resembling a rollercoaster ride. The cryptocurrency’s value has seen sharp rises, offering moments of excitement, only to dip back down to its starting point. Recently, Bitcoin briefly touched the $64,000 mark, sparking renewed interest among investors. However, it has since fallen below $60,000, dropping…

The 2022 bear market was a brutal time for the cryptocurrency market, with most assets plummeting over 50%. Solana was among the hardest-hit, suffering a 94% drop by the end of the year. While many traders were caught off guard and saw their previous gains evaporate, those who exited early managed to avoid substantial losses.  One such trader, known for predicting the market decline at the beginning of 2022 and exiting their positions in time, is now making headlines with…

The post Meme Coins BRETT, FLOKI, WIF Surge Amid Market Crash appeared first on Coinpedia Fintech News A surprisingly bullish turn in these selected meme coins amid the broader market crash teases a strong recovery ahead. As the market anticipates a quick reversal this week, as no significant news fuels the crash. These meme coins could skyrocket at the earliest signals of broader market recovery.  So, let’s take a closer look at these rising meme coins for a bull run…