June 2024 – Page 18 – Coins Cap News
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Bitcoin Takes Control In Market Meltdown, Dominance Climbs To 9-Week Peak

Bitcoin

The cryptocurrency market is currently experiencing significant turbulence, prompting a shift in investor behavior towards Bitcoin, which has traditionally been seen as the safest asset within the digital currency ecosystem. This shift has resulted in Bitcoin’s dominance climbing to a nine-week high of 57%. Amidst the market chaos, Bitcoin has emerged as a beacon of…

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Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail?

Bitcoin

Bitcoin current position at the $64,515 support level has sparked significant interest among traders and analysts. This key threshold is seen as a critical juncture that could dictate the cryptocurrency’s near-term trajectory. On the one hand, bullish proponents argue that robust fundamentals and renewed investor interest could propel Bitcoin higher. On the other hand, bearish sentiment driven…

Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail? Read More »

Altcoin Massacre? Prices Plummet 40-90%, Recovery Stalled — Analyst

Cryptocurrency Market News

The once-sizzling altcoin market is facing a harsh reality check. Prices have plummeted a staggering 40-90% in recent months, mirroring past crashes but with a glacial pace that’s leaving investors numb. Renowned crypto analyst Daan Crypto sees this as a necessary correction, albeit a slow and potentially painful one. Echoes Of Crashes Past, But With…

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This Is The Biggest Issue With Altcoins This Cycle: Crypto Analyst

Cryptocurrency Market News

In a thread on X, Miles Deutscher, a renowned figure in the crypto analysis sector, has dissected what he views as a critical flaw in the current altcoin market. Addressing his extensive following, Deutscher elaborated on the impact of the rapid increase in the number of new crypto tokens, an issue he believes to be…

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Can Cardano (ADA) Reclaims This Resistance and Gain Bullish Momentum?

Ada

Cardano (ADA) extended losses and tested the $0.360 zone. ADA is now rising and might attempt to clear the $0.400 resistance zone. ADA price remained in a bearish zone and settled below $0.40. The price is trading below $0.400 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support…

Can Cardano (ADA) Reclaims This Resistance and Gain Bullish Momentum? Read More »

Bitcoin Month-Long Rally Comes To An End: Price Plunges Below $65,000 – What’s Next For BTC?

Bitcoin News

Bitcoin (BTC), the largest cryptocurrency by market capitalization, experienced a significant decline on Tuesday, echoing the broader downtrend in the cryptocurrency market. Fueled by worries about the global economy and reduced summer liquidity, Bitcoin dropped below the $65,000 mark for the first time since May 16.  Notably, Ethereum (ETH) also faced a 4% loss, trading…

Bitcoin Month-Long Rally Comes To An End: Price Plunges Below $65,000 – What’s Next For BTC? Read More »

Hard To Be “Too Scared Of Bitcoin Price Action,” Says Analyst. Here’s Why

Bitcoin News

Bitcoin has been having a bad time recently, but this analyst isn’t too worried about it, based on the recent trend in an on-chain indicator. Bitcoin Unrealized Loss Has Been At Low Levels Recently In a new post on X, on-chain analyst Checkmate talked about how the latest price action of the cryptocurrency isn’t too…

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Dogecoin’s Ownership Shifts: Whales Downsize As Prices Dip, Who’s In Charge Now?

Dogecoin

As the crypto market endures another tumultuous period, Dogecoin has seen significant changes in its ownership structure. Recent data from IntoTheBlock reveals a notable shift, with major Dogecoin whales—those holding more than 0.1% of the total supply—reducing their stakes. Dogecoin Redistribution: Who Is In Charge Now? IntoTheBlock data indicates that this position reduction from these…

Dogecoin’s Ownership Shifts: Whales Downsize As Prices Dip, Who’s In Charge Now? Read More »

Bitcoin Price Remains at Risk Despite Recent Moves, Indicators Turn Bearish

Btc

Bitcoin price extended its losses and traded below the $64,500 level. BTC is correcting losses, but the bears are still in control and aim for more losses. Bitcoin remained in a bearish zone and traded below $64,500. The price is trading below $65,500 and the 100 hourly Simple moving average. There is a connecting trend…

Bitcoin Price Remains at Risk Despite Recent Moves, Indicators Turn Bearish Read More »

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