The value of Bitcoin has dropped dramatically, going below $89,000 after failing to hold important support levels. The recent fall has sent investors into panic, especially as short-term holders (STHs) are expected to sell. Source: https://www.cnbc.com/2024/11/25/bitcoin-btc-march-to-100000-stalls-heres-whats-going-on.html The SOPR metric, measuring […]
Bitcoin Crashes Below $89,000 as Selling Pressure Grows Read More »
Cardano’s price is down close to 10% over the week, inching close to the lowest price in 30 days. The wider cryptocurrency market is also bleeding, but ADA seems to be struggling with reduced whale activity. Source: https://ecos.am/en/blog/cardano-ada-price-prediction-insights-trends-and-future-forecast/ Whale Sell-Off
Cardano (ADA) Nears 30-Day Low as Whales Sell Off Read More »
Avalanche (AVAX) has shown signs of recovery after a market-wide drop on August 5. Following a $1 billion liquidation of leveraged positions, AVAX began trading within an ascending channel on August 6. As of today, AVAX is priced at $20.66,
Avalanche (AVAX) Gains Momentum but Faces Selling Pressure Read More »
On July 30, Ethereum (ETH) saw a week of spot Ethereum ETFs trading. However, the launch failed to boost ETH’s price as expected. Initially, the cryptocurrency’s market value surpassed $3,500 but quickly dropped. Since then, ETH has been on a
Ethereum Faces Selling Pressure During ETF Launch Read More »
