Market

The post Top Indicator Points to Inevitable Crypto Market Rebound to New ATHs Ahead appeared first on Coinpedia Fintech News The altcoin industry led by meme coins will soon experience a major rebound after being trapped in a correction mode in the past few weeks. Increased fear of further crypto capitulation triggered by the Bitcoin (BTC) price drop below $60k on Monday, has increased calls for a market rebound.  Moreover, Bitcoin’s daily Relative Strength Index (RSI) has already dropped below…

In the past seven trading days, spot Bitcoin (BTC) exchange-traded funds (ETFs) have witnessed significant outflows amounting to $1.13 billion. This development has raised concerns among investors and traders about Bitcoin’s stability and future trajectory. Behind the Spot Bitcoin ETF Outflows: Shifts in Market Sentiment and Dynamics According to SoSo Value data, the spot Bitcoin ETFs have recorded outflows from June 13 until June 24. Grayscale Bitcoin Trust (GBTC) and Fidelity Wise Origin Bitcoin Fund (FBTC) are the biggest contributors to…

The post AI-Tokens Lead the Rally As Market Recovers—SingularityNET (AGIX) & Fetch.ai (FET) Soar Above 20% Each! appeared first on Coinpedia Fintech News As the markets are heading towards the end of the month, the volatility has surged to a large extent. The weekly trade started with a massive pullback, causing an enormous pullback in the BTC price, which impacted the altcoins as well. However, the major tokens triggered a strong recovery after forming new lows due to which a…

The post Crypto Market Crash: How Low Can ADA Drop for Discounted Accumulation and Gains? appeared first on Coinpedia Fintech News Bitcoin’s price is currently below $62k, entering a dangerous territory. However, Cardano (ADA) has surged 2% in the last 24 hours. Bitcoin is managing to stabilize over the past day while most altcoins are attempting to recover. The cryptocurrency market is predominantly in the red today, with most coins making recovery efforts. Despite ADA’s price dip, sentiment around Cardano…

The altcoin market is experiencing an early “crypto winter” as initial investors and founders of various projects sell off their tokens.  According to a recent Bloomberg report, this decline can be attributed to a combination of factors, including the unlocking of tokens held by venture capitalists (VCs) and founders, as well as the selling pressure caused by the correlation between altcoins and major network tokens. Altcoin Market Hit By Token Unlock Wave As the crypto market recovered from the prolonged…

Bitcoin price gained bearish momentum and traded below $60,000. BTC is signaling a short-term downtrend and might face hurdles near $62,000. Bitcoin started a fresh decline from the $62,550 resistance level. The price is trading below $61,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $62,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher, but upsides might be limited above the…

The post Solana Loses Billions From Its Market Cap Amid Broader Market Downturn appeared first on Coinpedia Fintech News Solana has declined by at least 11% in the past week amidst the general market downturn and negative investor sentiment across the crypto market. Due to the bearish run, Solana descended about 5% and billions of dollars in market value since yesterday. The Solana price slumped as low as $123.42 on Monday. The co-founder and CEO of Helius Labs hinted that…

The cryptocurrency market as of now appears to be volatile, especially with Cardano (ADA) and Ondo struggling to regain momentum after a significant price dip. While these two coins are struggling, Raboo, a new meme coin is making waves.  Although Raboo is still in its presales, it has shown signs and signals of great potential. The AI backed meme coin has a lot of features that make it stand out, including ability to monetize content. Find out more about Raboo…

As the meme coin sector seeks to bounce back from the recent liquidations, coins like Cardano (ADA) and Book of Meme (BOME) take a hit in token price as well. The second half of the year approaches, and bear sentiment for both coins continues to spur their investors on a search for the next crypto token with high profits. As Raboo's ($RABT) presale gathers momentum and inches faster towards a 100X profit post-launch era, these investors may have found exactly…