Market

Ethereum price started a fresh increase from the $3,350 support zone. ETH is outperforming Bitcoin and might rise further toward the $3,650 resistance. Ethereum is gaining pace from the key $3,365 support zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $3,460 on the hourly chart of ETH/USD (data feed via Kraken). The pair formed a double-bottom pattern and gained pace above the…

Renowned crypto analyst Doctor Profit recently released “The big altcoin report” for the third quarter of the year, suggesting further downward movement for the market.  Based on historical performance and the current state of the market, Doctor Profit warns of an impending altcoin market crash triggered by an episode of uncertainty and a recent price correction in the top 100 cryptocurrencies, led by Bitcoin (BTC).  However, the analyst remains optimistic, highlighting potential buying opportunities and optimal entry points for several…

The post Top Crypto Tokens Stumble As Cryptocurrency Market Hints A Bearish Price Action This Week! appeared first on Coinpedia Fintech News The crypto market has lost 2.47% in valuation from $2.39 Trillion to $2.33 Trillion within 24 hours and has erased $100 Billion from its portfolio this week. Furthermore, Bitcoin has displayed a similar trend by losing 0.98% with a 24-hour low of $64,597.25. On the other hand, Ethereum has plunged below the $3.4K mark, with a correction of…

A memecoin inspired by Cardano founder Charles Hoskinson’s pet pig Nike has captured the community’s attention. Within just 12 hours of Hoskinson‘s post on X, NIKE’s market capitalization soared close to $1 million, underscoring the volatile and often unpredictable crypto market dynamics. Cardano Founder Sparks New Memecoin The genesis of the NIKE token was a simple, casual tweet by Hoskinson, featuring his pet pig, Nike. The tweet rapidly captured the imagination of the Cardano community, leading to the creation of…

The post Notcoin and BounceBit Flash in Green Amid Market Turmoil, DTX Exchange Steals Spotlight With a Staggering $700,000 Presale appeared first on Coinpedia Fintech News Despite the ongoing turmoil in the broader crypto market due to the Fed’s decision, Notcoin (NOT) and BounceBit (BB) have emerged as leaders with notable price gains. Due to their unique features and increasing market traction, the tokens are delivering high returns to holders. DTX Exchange is also in the spotlight after its mind-blowing…

The post Crypto Market Crash: Top Altcoins To Buy This Dip appeared first on Coinpedia Fintech News With the Bitcoin price struggling to hold ground above the $65,000 level, the altcoins experience massive supply pressure. As the top altcoins drop more than 10% within 24 hours, the market is extremely bearish at the moment.  Amidst the sell-off, Coinglass’s liquidation data reveal that almost $500 million worth of long positions were wiped off within 48 hours.   With such an extreme turnaround…

With eight Bitcoin miners having surpassed the $1 billion market capitalization threshold, the cryptocurrency market is experiencing an incredible upsurge that indicates a major industry boom. The top 5 cryptocurrencies ready to profit from this trend are being closely watched by investors and fans. In this regard, those hoping to catch the wave of this developing industry may want to invest in Bitcoin, Ethereum, Solana, Binance Coin, and Angry Pepe Fork. The Top 5 Cryptocurrencies To Buy In Order To…

The post Bitcoin Price Prediction: How Low Might BTC Price Drop This Crypto Market Crash  appeared first on Coinpedia Fintech News With a 1.68% drop in the total market cap of the crypto world, Bitcoin continues to decline with a rise in supply pressure. Despite 90% of Bitcoin HODLers in profit, the downtrend warns of a steady decrease in this percentage.  Further, almost $500 Million worth of long liquidation in the crypto market reveals a strong bearish side. However, 70%…

The post ‘Trap for Investors’ ‘Worst Time for Alts’: Here’s What Analysts Are Saying About Altcoin and Crypto Market Crash appeared first on Coinpedia Fintech News Recently there was a major crash in the altcoin market, with some top altcoins dropping over 40% in the past two weeks. Several narratives are circulating on the internet regarding the possible reasons for this crash. But does this crash signify the end of the bull run? We examined various perspectives from analysts, some…