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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With Bitcoin Under $56K, Why Is The Crypto Market Crashing Today?
The post With Bitcoin Under $56K, Why Is The Crypto Market Crashing Today? appeared first on Coinpedia Fintech News With a 4% drop on Sunday, the bears overwhelmed the Saturday recovery in Bitcoin and put the altcoins market back into the bear zone. Undermining the chances of a recovery week, the increasing supply influences a downfall this Monday in the early Asian trading hours. Bitcoin is trading at $55,269 with an intraday loss of 1.30% and registers a low at…
12 months ago
$2.4 Billion Worth Of Bitcoin Exit The Network As Bear Market Bites
The Bitcoin market is experiencing a wave of uncertainty as a recent analysis by CryptoQuant reveals a significant shift in investor behavior. Roughly $2.4 billion worth of Bitcoin, likely acquired by investors this year, has moved within the network, sparking debate about the reasons behind the exodus. Short-Term Jitters Drive Sell-Off Experts believe these outflows are driven by short-term investors who made a foray into the market in early 2023. Back then, anticipation surrounding Bitcoin Exchange-Traded Funds (ETFs) and the…
12 months ago
Crypto Market Recovers: Core DAO Leads with New Dorian Protocol
Core DAO’s new Dorian protocol boosts the BTCFi ecosystem with yield-first money market features. Core DAO’s strategic innovations drive significant market recovery and investor interest. This Sunday the crypto market stays in a green zone, thereby sustaining the efforts at recovery started yesterday. As some tokens exhibit encouraging development, investors and traders are hopeful, hence strengthening belief in the robustness of the market. Core DAO (CORE) Token Seizes Investor Attention With an amazing price spike, the token from Core DAO…
12 months ago
Notcoin Soars in Popularity Amid Crypto Market Recovery
Notcoin leads the crypto recovery with high investor confidence and an over $1.4 billion market cap. Telegram-based games like Notcoin and Hamster Kombat drive significant user engagement and platform growth. The crypto market is still recovering on a sunny Sunday; Notcoin (NOT) ranks first among the top gainers on CoinMarketCap. Reflecting great investor trust in its optimistic future potential, the token from the well-known mini-game on Telegram has seen an amazing price rise of over 37.53% over the last 24…
12 months ago
Crypto Weekly Roundup: Market Crashes, Justin Sun Offers Help To Stop The Bleed, & More
Bitcoin has been at the bottom of its range and below $63,000 for the past ten days. Will the decline continue, or is $BTC at or near the bottom now? Let’s find out. Bitcoin Standard Chartered Bank predicts a new all-time high for Bitcoin by August and a whopping $100,000 price tag by November, driven by political developments and the U.S. presidential election. Bitcoin (BTC) has just dropped under $60,000 amid fears of continued selling from the US and German…
12 months ago
ZkSync Token Rises as a Leading Gainer in Crypto Market Recovery
ZkSync’s Elastic Chain offers unlimited scalability and seamless interoperability in blockchain technology. The ZKsync 3.0 upgrade enhances Ethereum’s ecosystem by addressing liquidity fragmentation and improving user experience. Among the top 100 cryptocurrencies in the most recent crypto market recovery, the ZkSync (ZK) token has proven to be one of the top gainers. Many investors and crypto enthusiasts have been drawn to this notable change in the market. The ZK token has increased remarkably 19.23% during the past 24 hours, driving…
12 months ago
Government Bitcoin Sell-Off Won’t Shake Crypto Market Say CryptoQuant’s CEO
The post Government Bitcoin Sell-Off Won’t Shake Crypto Market Say CryptoQuant’s CEO appeared first on Coinpedia Fintech News Recent, selling of sized bitcoin by the German government has exerted selling pressure that triggered panic among crypto investors. This move has somewhat resulted in Bitcoin’s price dropping by 4.3% in the past day and over 6.63% in the past week, pushing it below the $54,000 mark. Perhaps, CryptoQuant CEO Ki Young Ju suggests that government Bitcoin sales may not have as…
12 months ago
What Will Propel Crypto Market Rally in 2024-2025?
The post What Will Propel Crypto Market Rally in 2024-2025? appeared first on Coinpedia Fintech News In a downtrend, Crypto analyst Wise Advise in his X post has highlighted a significant event that he believes will be the most substantial bullish catalyst for the crypto market in 2024-25. While discussions often center around potential impacts from Trump’s victory in presidential elections, highly anticipated Federal Reserve rate cuts, and new FASB regulations, he argues that a different factor will positively influence…
12 months ago
Market Expert Predicts When Bitcoin Price Will Reach Its Cycle Highs
Crypto analyst Rekt Capital has provided insights into when the price of Bitcoin will reach its cycle highs. His analysis has provided reassurance that the flagship crypto is still far from a market top despite its recent decline to new lows this week. When Will Bitcoin Peak In This Bull Run Rekt Capital mentioned in an X (formerly Twitter) post that Bitcoin could peak in this cycle sometime in mid-September or mid-October 2025 if history were to repeat itself. The…
12 months ago