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…
Traders
Chainlink and Avalanche Traders Are Rushing to Join the Most Viral Presale of This Year
The post Chainlink and Avalanche Traders Are Rushing to Join the Most Viral Presale of This Year appeared first on Coinpedia Fintech News The cryptocurrency market is a constant dance of innovation and opportunity. Investors are always on the lookout for the next big thing, and it seems they might have found it in Algotech (ALGT). This project’s presale has become a viral sensation, attracting a wave of investors, with some even migrating from established players like Chainlink (LINK) and…
11 months ago
Chainlink Traders Capitulate After 10% Plunge: Bottom Here?
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.…
11 months ago
Bitcoin Traders Beware: Analyst Warns Of Potential Traps Amid Price Fluctuations
In a recent episode of Crypto Banter’s “The Sniper Trading Show,” the analyst dissected Bitcoin, discussing various hurdles and approaches to handle trading through these challenges. With Bitcoin currently teetering around the $57,403 mark, up by 2.4% in the past 24 hours yet still down 21.9% from its March peak, the market sentiment is cautiously tinged. This cautious stance is echoed by the Crypto Fear and Greed Index, which the analyst shows stands at a wary 28, indicating that buyers…
11 months ago
Shiba Inu vs MPEPE: Shiba Inu Traders Compare ROI Potential For New Cryptocurrency Against SHIB
The post Shiba Inu vs MPEPE: Shiba Inu Traders Compare ROI Potential For New Cryptocurrency Against SHIB appeared first on Coinpedia Fintech News As the cryptocurrency market continues to evolve, investors are constantly on the lookout for new opportunities that promise substantial returns. Among the latest contenders capturing attention is Mpeppe (MPEPE), a new cryptocurrency poised to challenge the dominance of Shiba Inu (SHIB). In this article, we will compare the ROI potential of Mpeppe (MPEPE) against Shiba Inu (SHIB)…
11 months ago
Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows
So far, Bitcoin has seen significant volatility in the last trading session, hinting at frail investor sentiment. Earlier today, the asset soared to as high as $57,300. However, the asset now appears to have run out of steam after reaching this mark as it trades at $55,966, down by 1.6%. This surge in volatility is a sign that the market has become more fearful as traders watch several key technical levels. However, the latest data suggests a shift in trader…
11 months ago
Crypto Traders Lose $600 Million In 24 Hours as Bitcoin Crashes, but This Ethereum Gem Keeps Winning
The post Crypto Traders Lose $600 Million In 24 Hours as Bitcoin Crashes, but This Ethereum Gem Keeps Winning appeared first on Coinpedia Fintech News Bitcoin’s (BTC) recent liquidations have led to a significant price decline, the lowest point it has reached since February this year. Experts forecast that this bearish trend will last longer than previous price corrections. However, as Bitcoin’s (BTC) liquidations continue to rise, the adoption of RCO Finance (RCOF) is also increasing, with more crypto traders…
11 months ago
Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?
As Bitcoin faces strong headwinds, breaching two critical support levels at $60,000 and $56,500 in quick succession, it may, on the surface, appear that fear is gripping the market. There are reasons to be afraid, especially for coin holders leveraging BTC in decentralized finance (DeFi) protocols, looking to take out loans using the asset as their collateral. Fear Is Yet To Grip The Bitcoin Market Even as prices plunge, one on-chain analyst, taking to X, argues that the market is…
11 months ago
Crypto Traders Lose $600M in 24 Hours With Bitcoin Dragging Crypto Market Down
The post Crypto Traders Lose $600M in 24 Hours With Bitcoin Dragging Crypto Market Down appeared first on Coinpedia Fintech News The Bitcoin crash recently has dragged the entire crypto market down, with over $300 billion erased from the total capitalization since July 3. In the last 24 hours, over 230,000 crypto traders lost more than $660 million in long-squeeze liquidations. The long squeeze affected 233,088 traders, and Binance‘s ETH/USDT pair had the largest order, with $18.48 million. Bitcoin liquidated…
11 months ago
Bitcoin Traders Sink Into ‘Fear’ As Price Crashes Below $58,000
Data shows that Bitcoin traders’ sentiment has declined into ‘fear’ after the price crash the cryptocurrency has seen during the past 24 hours. Bitcoin Fear & Greed Index Is Now Suggesting A Fearful Market The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment currently held by traders in the Bitcoin and wider cryptocurrency market. The index uses a scale from zero to a hundred to represent the sentiment. The score is…
11 months ago