Market

Bitcoin price extended losses below $67,500 support zone. BTC tested the $66,000 support zone and is now attempting a recovery wave. Bitcoin started another decline below the $68,500 support zone. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $68,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could recover but the upsides might be limited above the $68,500…

Ethereum price failed to recover above the $3,650 resistance. ETH declined again below the $3,550 level and now shows bearish signs below $3,600. Ethereum started a fresh decline below the $3,550 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it stays below the $3,650 resistance zone.…

The new week has been quite bearish for bitcoin, with the price witnessing major crashes below multiple support levels. After losing its footing above $71,000, it has plunged further below $67,000, signaling the start of a downtrend. Amid the uncertainty, a crypto analyst has presented the important levels to watch as Bitcoin makes it descent, showing a possible direction for the price. Bitcoin Enters Sideways Consolidation In an analysis on the TradingView platform, crypto analyst Bitcoin Signals revealed some important…

Solana (SOL) has been on a bullish rally as PayPal USD Stablecoin became available on top of the network. Binance Coin (BNB) is also up as the BNB Chain ecosystem is rising with over 1.1 million attestations across both it and op BNB according to the BAS (BNB Attestation Service) data. Dogecoin (DOGE) is also up on the charts, but market experts project major growth for Angry Pepe Fork (APORK), which is poised to spike 100x at launch. Binance Coin…

The post These three altcoins have spurred a marked rebound; Polkadot to become market leader? appeared first on Coinpedia Fintech News Analyst Altcoin Buzz took to his latest video and gave a list of three altcoins which may soon experience a breakout. The analyst said that Fetch.ai, AGIX, and Ocean Protocol are leading the market recovery. These three AI altcoins have spurred a market rebound due to the ASI Alliance, where SingularityNET, Fetch.ai, and Ocean Protocol have agreed to merge…

The post Senators Slam FED Chair, Demand Action on Interest Rates Amid Market Anxiety appeared first on Coinpedia Fintech News Following significant rate adjustments by leading central banks, including the European Central Bank’s recent trim from 4% to 3.75%, three influential U.S. Senators are taking action. Elizabeth Warren, Jacky Rosen, and John Hickenlooper have penned a compelling letter to Federal Reserve Chair Jerome Powell, urging a similar reduction in the federal funds’ interest rates to ease financial strains on working…

The cryptocurrency market is buzzing with renewed optimism as investment funds witness a historic inflow surge. CoinShares, a leading digital asset manager, reported a record-breaking $2 billion influx into crypto funds in just one week, surpassing the entire month of May’s net inflows. This positive trend, now spanning five consecutive weeks, has propelled total assets under management (AUM) in crypto funds back above the coveted $100 billion mark, a level last seen in March 2024. Bitcoin ETFs Fueling The Fire…

The post Memecoin Market Analysis: What’s Next for Dogecoin, Shiba Inu, Pepe, GameStop Prices? appeared first on Coinpedia Fintech News The meme coin market has experienced a bullish rally over the past few weeks, coinciding with a slowdown in the altcoin and Bitcoin markets. Notably, the return of Roaring Kitty ignited a bull run for GME, a SOL meme coin. Consequently, investors are now curious about the upcoming price trend of other leading meme coins, including Dogecoin, Shiba Inu, and…

Renowned market expert Michael Van de Poppe has recently shared his insights on the current state of the cryptocurrency market, highlighting potential breakout opportunities for altcoins.  As the largest cryptocurrency on the market, Bitcoin (BTC), consolidates in a price range between $67,000 and $70,000, Van de Poppe’s latest market update suggests that this may be the ” final time” to invest in altcoins before a potential breakout.  Altcoins Analysis In a series of social media posts, Van de Poppe analyzes…