Market

The post Ethereum Price Retests $2.5K Level Amid Bear Market, What’s Next? appeared first on Coinpedia Fintech News The cryptocurrency market has experienced a strong bearish reversal after concluding the previous week on a positive note. Notably, the market leader, Bitcoin (BTC) price has plunged 3.99% over the past day. This has resulted in it retesting its low of $58,000. Moreover, the altcoin leader, Ethereum price followed in the footsteps and has displayed a similar price action by recording a…

Over the past seven days, Sui (SUI) has emerged as the standout performer in the crypto market, recording an massive 78% increase in its price. This surge positions SUI as the leader among the top 100 cryptocurrencies by market capitalization, significantly outperforming its peers, Helium (HNT) with a 60% increase and Bittensor (TAO) at 50%. Why Is SUI Up Over The Past Week? Andrew Kang, the founder of Mechanism Capital, provided insights into the SUI’s recent success in a series…

The post Cryptocurrency Market Stumbles Again As Bitcoin (BTC) Price Plunge Below The $59K Mark! appeared first on Coinpedia Fintech News Over the past 24 hours, the crypto market has recorded a drop of 3.99% in valuation, from $2.14 Trillion to $2.05 Trillion, a loss of $90 Billion. Following this, the market leader, BTC price recorded a correction of 3.93% with a trading volume of $25.061 Billion. Further, it has recorded a 24-hour low of $58,207.36 and is presently trading…

The post Crypto Market News Today: Bitcoin Crashes Below $59,000—Ethereum Heads to $2500, Altcoins Consolidate appeared first on Coinpedia Fintech News Yet another weekend remained under bullish influence as market sentiments turned extremely bearish during the weekend. Bitcoin faced massive selling pressure, which eliminated 50% of the gains incurred in the previous week. While the bulls are unsure of the next price action, the bears appear to be waiting for the right time to jump in. Therefore, the bearish clouds…

With the market posting minute but continuous gains, BEAM captures this momentum, which caused the current uptick in the token’s price. According to CoinGecko, BEAM is up nearly 18% in the past 24 hours as investors flock to the token.  The Beam network is experiencing awesome on-chain development that gives it an edge against its competitors. As the market enters a new week with enthusiasm, BEAM might be on the path of bullishness in the long run.  Beam Network Goes…

The post Experts Recommend MoonTaurus (MNTR) as the Top Investment for 2024 Amid Crypto Market Volatility  appeared first on Coinpedia Fintech News On August 5, 2024, the crypto market experienced one of its biggest shakeouts of the year, with over $1 billion being liquidated within 24 hours. Bitcoin (BTC) sank over 10%, briefly dipping below $50,000, while Ethereum (ETH) lost over 21%. This turbulence has prompted investors to seek cryptocurrencies offering a safer hedge against market volatility. While BTC and…

The post 3 Reasons Why MoonTaurus (MNTR) Will Control Larger Market Cap Than Pepe (PEPE) appeared first on Coinpedia Fintech News As the cryptocurrency market evolves, MoonTaurus (MNTR) is emerging as a formidable contender with the potential to surpass Pepe (PEPE) in market capitalization. MoonTaurus stands out due to its innovative approach and strategic vision. Here are three compelling reasons why MNTR is positioned to achieve a larger market cap compared to Pepe. With a well-defined roadmap, built-in scarcity features,…

Investors are constantly seeking the next big opportunity. As the market prepares for its next surge, two altcoins stand out for their potential to deliver extraordinary returns: Solana (SOL) and Mpeppe (MPEPE). Both of these digital assets are gaining traction for their unique offerings and promising prospects, making them prime candidates for substantial gains in the upcoming market upswing. Solana (SOL): The High-Performance Blockchain Solana (SOL) has rapidly emerged as a leading blockchain platform, known for its high speed and…

A substantial shift in the cryptocurrency landscape is on the horizon with approximately $350 million worth of Ether (ETH) set for withdrawal. This significant movement of funds has captured the attention of investors and analysts alike, raising questions about its impact on the Ethereum (ETH) ecosystem and its associated projects. As the crypto community watches closely, there’s growing speculation about how this shift might influence emerging cryptocurrencies such as Mpeppe (MPEPE). How Mpeppe (MPEPE) Is Positioned to Leverage Ethereum (ETH)…