Tag: crypto

Ethereum Surges Nearly 10% As MVRV Ratio Drops Below 1—Bigger Rally Incoming?

Ethereum’s price has mirrored Bitcoin’s recent market movements. ETH experienced a rollercoaster performance earlier this week before rebounding with a 10% increase in the past 24 hours. This recovery follows a broader market correction that initially led to fear among investors. While Ethereum’s performance remains closely linked to Bitcoin’s price action, recent on-chain data suggests…

Short-Term Holders Dominate as Bitcoin Rebounds—What’s Next?

Bitcoin has regained momentum following a period of decline, with its price now trading at $87,992, reflecting a 6.9% increase in the past 24 hours. The recent price movement has drawn attention to shifting supply dynamics, particularly between short-term holders (STH) and long-term holders (LTH). This trend, analyzed by CryptoQuant contributor XBTManager, provides insights into…

XRP Bulls Set Their Sights On $222—Can It Happen?

XRP could be on the verge of a massive price jump, according to analyst Egrag Crypto. The well-known chartist has identified what he calls the “Kangaroo Phase,” a consolidation period that might lead to a breakout. Based on historical trends and key technical indicators, he believes XRP could reach as high as $222 if conditions…

$1 Billion Liquidated in 24 Hours as Bitcoin Drops Below $83,000

The cryptocurrency market has experienced a sharp downturn, with Bitcoin’s price dropping below $83,000. This decline has led to a wave of liquidations totaling $1 billion over the past 24 hours, as leveraged traders faced significant losses amid the market correction. According to Coinglass, a total of 305,170 traders were liquidated during this period, reflecting…

Crypto Markets Are Misreading Trump’s Strategic Reserve, Says Bitwise CIO

The crypto markets have whipsawed following President Donald Trump’s unexpected announcement of a strategic crypto reserve over the weekend. Bitwise Asset Management’s Chief Investment Officer (CIO), Matt Hougan, contends that traders are overreacting to the proposed plan’s details and missing what could be a bullish development for digital assets. Late Sunday, President Trump revealed a…

Solana Jumps 9% As Whales Quietly Accumulate Millions—Details

Whale behavior in the Solana market is causing yet another ruckus, but in a good way. The token’s value climbed 9%, reaching roughly $137. A large numbers of moneyed people, “whales” they are called, is gobbling up huge amounts of the Solana crypto. Technical signals suggest a strong momentum and growing open interest, keeping traders…

Dogecoin Demand Slumps—Nearly 70% Drop In Open Interest Raises Concerns

Investor enthusiasm for Dogecoin is sharply declining. Over 67% of the open interest on the meme coin has decreased in three months. December 2024 saw it at $4.07 billion. By February 2025 it had dropped to $1.33 billion. This significant decline suggests mounting market caution. Many traders are retreating because of uncertainties in the broader…