Market

Despite the crypto market recovery, a large number of Cardano holders are still nursing losses, leading to speculations as to why this is the case. Data from IntoTheBlock shows that the altcoin is the worst performer in terms of profitability when it comes to the top 10 largest cryptocurrency by market cap, disappointing holders and long-term believers. Cardano Profitability Sits At Only 15% The Cardano profitability has remained low since the market crash of 2022 and even with the market…

A market strategist has declared that Bitcoin (BTC), the world’s largest cryptocurrency, has finally concluded its downtrend. According to the strategist, Bitcoin may be heading to a new price target, driven by the positive shift in its market value.  Bitcoin Downtrend Is Over A crypto analyst identified as ‘Rekt Capital’ on X (formerly Twitter) has announced to his 484,500 followers that Bitcoin’s prolonged downward trend was officially over. The analyst, who has been monitoring the cryptocurrency’s market and price actions,…

As Santiment analytics disclose an accelerating decline in wallets holding one or more Bitcoin, the cryptocurrency industry has gone abuzz. Crucial for gauging mood in the market, this indicator has been progressively dropping as traders become less optimistic that Bitcoin may rise beyond its historic high of $73,750, which it last touched on March 14. The general feeling in the market is that people don’t think Bitcoin will reach a new all-time high this year. Largely due to “fear, uncertainty,…

The post Bitcoin Experiences A Pullback To $64K, As Crypto Market Records A Negative Price Action! appeared first on Coinpedia Fintech News With a drop of approximately $20 Billion within the past 24 hours, the cryptocurrency market is presently valued at $2.35 Trillion, a drop of 0.61%. Moreover, the market leader, BTC price has recorded a 24-hour low of $63,237.75 with a trading volume of $26.519 Billion. On the other hand, the Ethereum price has displayed a neutral trend by…

The post Top 3 Coins Set to Thrive in a Crypto Bear Market appeared first on Coinpedia Fintech News 2024 has been a year of highs, lows, and many flat charts. FUDders will tell you we’ve slipped back into a bear market, but let’s not get all doom and gloom. It’s not the market that makes the trade; it’s the ability to profit from volatility.   Here, we’ve looked at the top 3 coins we think offer the chance of strong…

The post Top 2 Memecoin To Watch When Market Is Down Today appeared first on Coinpedia Fintech News The last 24 hours have been a cooling period for the crypto market, this comes after adding more than $300 billion to the total marketcap in the previous 10 days. Bitcoin price makes a smart move by nit declining after the surge but moving sideways.  Memecoins took control on Monday and Tuesday and relayed Wednesday and Thursday to altcoins.  The meme season…

The post These Undervalued Memecoins To Reach $1 Billion Market Cap in 2024! appeared first on Coinpedia Fintech News With the Bitcoin price holding its value strong above $64,500, the cryptocurrency market has regained momentum and has displayed a strong bullish price action since the week started. Moreover, mid-cap and low-cap memecoins have recorded the highest gains over the past few days, indicating a rising interest of investors towards these crypto tokens to maximize their profits. Scroll down as, in…

The post Cryptocurrency Market Loses $50 Billion As Bitcoin Price Fails To Reclaim $67K! appeared first on Coinpedia Fintech News Over the past 24 hours, the Crypto market has recorded a correction of 1.77% or approximately $50 Billion in valuation and is currently valued at $2.36 Trillion. Moreover, the market leader, Bitcoin price has dropped 1.93% with a trading volume of $30.784 Billion and a 24-hour low of $63,896.09. Following in the footsteps, of BTC price, the altcoin leader, ETH…

The post Shiba Inu Skyrockets: Discover the Jaw-Dropping Gains and Hidden Opportunities in the Market Rebound! appeared first on Coinpedia Fintech News Shiba Inu (SHIB) experiences notable price recovery amidst a market upturn, with a focus on trading volume, resistance levels, and historical data. Bitcoin and Ethereum also make gains, alongside the rise of altcoins like Solana and Ripple. Pawfury (PAW) emerges as a new investment opportunity with high-yield prospects and attractive bonus incentives for early investors. Shiba Inu Sees…