Plunge

The market for cryptocurrencies is humming with hope because the recent climb of Bitcoin and the launch of Ethereum ETFs today is seen to create a positive wave. In this bustling environment, Cosmos (ATOM) is one cryptocurrency that shows great potential for a big break-through. Although ATOM has stayed somewhat steady, with a little rise of 1.23% over the previous week and a drop of 4% over the last 30 days, experts feel it is about ready for a significant…

$RNDR, $AVAX, and $PYTH, are three top altcoins that are at critical levels. The market is still waiting for a Bitcoin rally, which has still not arrived. Will these altcoins be able to bounce, or are they about to take the plunge? $RNDR approaches bounce levels Source: TradingView Render ($RNDR) has already broken down through its bull trend line, which also marked strong support at $7. The price has confirmed this level as resistance, and has plunged further down to reach…

On-chain data shows that Chainlink investors have been realizing significant losses recently, a sign that the price plunge has put fear into their minds. Chainlink FUD Could Lead Towards Bottom Formation According to data from the on-chain analytics firm Santiment, LINK investors have just shown their largest capitulation event of the year. The indicator of relevance here is the “Network Realized Profit/Loss,” which keeps track of the net amount of profit or loss that Chainlink traders are realizing right now.…

The post Bitcoin’s Plunge to $42K: How Solana and Furrever Token Are Offering New Hope – 100% Bonus Inside! appeared first on Coinpedia Fintech News As Bitcoin drops sharply to $42,000, emotions run high in the crypto market. But amidst this turmoil, Solana is showing hopeful signs of reaching $160, which has investors feeling optimistic. Adding to this beacon of hope is Furrever Token, an innovative new player in the crypto space, offering a delightful blend of cuteness and potential…

The XRP community is abuzz with excitement after a whale, a major investor, acquired a hefty 30 million XRP tokens. This significant purchase coincided with a price uptick for the altcoin, which clawed its way back from a recent slump. While some analysts see this whale activity as a bullish signal and predict a surge towards $0.50, others urge caution due to the ongoing SEC lawsuit against Ripple Labs. A Shot In The Arm For XRP The 30 million purchase,…

The cryptocurrency market witnessed a significant setback as the Bitcoin price plummeted below the $58,000 level. This downward move has raised concerns among bullish investors, suggesting a potential continuation of the downtrend toward the $44,000 support level.  Bitcoin’s failure to consolidate above and retest its all-time high (ATH) of $73,700, reached in March, has resulted in a retracement of over 20% on the monthly time frame. Bitcoin Price At Risk Crypto analyst “Blockchaineddbb” has provided a noteworthy assessment of the…

The post Bitcoin’s Plunge and Toncoin’s Calm: Why Furrever Token’s Bonus and Launch Could Be Your Best Bet appeared first on Coinpedia Fintech News As Bitcoin falls and Toncoin stays stable, investors are exploring new chances during the uncertainty. Furrever Token stands out with its charm and financial potential. It offers a 100% referral bonus and focuses on its community, making it a fresh and profitable choice for diversifying crypto investments. In a volatile market, Furrever Token’s unique features and…

The post Is The Memecoin Rally Over As MEMEAI And PEPE Tokens Hint A 30% Plunge? appeared first on Coinpedia Fintech News With a plunge of 7.82% within the past 24 hours, the cryptocurrency market has lost its $2 Trillion mark and is currently valued at $1.98 Trillion with a 24-hour trading volume of $116.88 Billion. Further, the price of Bitcoin has recorded a low of $53,717.38, the lowest since February this year. Following this, the memecoin category has displayed…

Dogecoin (DOGE) is getting battered by the recent crypto market downturn. The meme-based cryptocurrency took a significant hit this Thursday, dropping 14% in value in the last 24 hours. Long Positions Liquidated According to Coinglass, a crypto derivatives data platform, DOGE saw a whopping $4.8 million in long positions liquidated. This signifies that investors who bet on DOGE’s price increase got squeezed as the price went down. Conversely, short positions (bets on a price decrease) saw minimal liquidations at just…