June 2024 – Page 31 – Coins Cap News
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Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch

Bitcoin

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,…

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Bitcoin Set for Further Decline As Bearish Sentiment Intensifies

Bitcoin

Bitcoin (BTC), the leading cryptocurrency by market capitalization, appears to be heading for further declines as market sentiment turns increasingly bearish. Recent analysis shows that BTC is struggling to maintain key support levels, and the overall mood among traders and investors is shifting towards caution. Several factors such as macroeconomic pressures, regulatory concerns, and technical…

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Blood In The Water? Ethereum Whales Circle As Price Drops

Cryptocurrency Market News

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has created a perplexing scenario for investors recently. Despite a noticeable decline in its price, on-chain data reveals that large investors, often referred to as “whales,” are accumulating ETH. This could signal a potential buying opportunity, though technical indicators suggest a weakening uptrend, leaving Ethereum’s near-term…

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$2 Billion Crypto Funds Flow Into Market On Rate Cut Buzz

Cryptocurrency Market News

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…

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FOMC Preview: How Will Bitcoin And Crypto React? All You Need To Know

Cryptocurrency Market News

As the financial markets brace for the upcoming Federal Open Market Committee (FOMC) meeting on Wednesday, June 12th, the Bitcoin and crypto community is poised to assess the implications of any Federal Reserve announcements on digital assets such as Bitcoin. With the consensus forecast suggesting that the Federal Reserve will hold the federal funds rate…

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Iggy Azalea MOTHER Token Skyrockets 27% After Major Announcement

Cryptocurrency Market News

Australian rapper Iggy Azalea and her cryptocurrency venture, the Mother Iggy (MOTHER) token, have garnered significant attention in the crypto industry due to its rapid popularity and a more than 140% spike in its first week of trading.  However, after its initial surge, the token experienced a substantial price correction, leading to a decline from…

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