Crypto market wrap, Dec 30: Bitcoin hits monthly low, altcoins struggle amid market downturn

The cryptocurrency market continues to face bearish momentum as Bitcoin (BTC) drops to a monthly low, dragging down major altcoins alongside it. Despite an uptick in trading volume, the overall market sentiment remains cautious, with uncertainties surrounding regulatory developments and market dynamics.

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Crypto today: BTC wavers at $68.5K, DOGE gains 10%, TRX holders at profit

Digital assets traded in the red today as cryptocurrency enthusiasts remain skittish amidst the United States Presidential elections. Bitcoin price retraced towards the $68K mark, dragging the altcoin market lower over the past day.

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Bitcoin Takes A Beating: Another $630 Million Exits, Price Drops Lower

The once-sizzling crypto market continues to sputter, with Bitcoin, the undisputed king of the digital realm, leading the retreat. After a euphoric climb that saw it breach the $73,000 level earlier this year, Bitcoin has shed its royal cloak, plummeting to new lows and dragging the entire crypto ecosystem into a period of frosty uncertainty.

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Bitcoin ETFs are 'orange FOMO poker chips' that siphon on-chain funds back into TradFi

Bitcoin’s goal of creating a decentralized financial system may be challenged by ETFs “dragging money back into the TradFi world,” according to the macro researcher.

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Bitcoin Back In The Bullpen: Whales Spark Rebound With $2.8 Billion Purchase

The past few weeks have been a rollercoaster ride for Bitcoin investors. Fears of inflation and geopolitical tensions sent shockwaves through the cryptocurrency market, dragging Bitcoin and its altcoin brethren down to depths not seen since early 2024.

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Bitcoin entering most likely 2 weeks for new BTC price dip — Analysis

Bitcoin market inertia is dragging on, and a BTC price drop over the next fortnight would correspond to classic post-halving behavior.

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Swissblock: Next stop for $BTC $76K; $GFOX may hit $5 million before presale ends

Larry Fink is making the rounds on national television shilling Bitcoin (BTC), and analysts from Swissblock predict the next stop for BTC is $76K. The leader of the top ten cryptocurrencies is aggressively dragging the rest of the market along…

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Bitcoin (BTC) Saw Serious Drop Off In May: What's Happening?

Digital gold's utility is falling off cliff and dragging price of asset down

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On-Chain Data Indicates Ethereum’s Bullish Trend Could Continue

Of all the altcoins in the crypto space, the price of Ethereum has been the one that has closely followed the performance trend of Bitcoin. The digital asset has been able to clear the $1,800 level multiple times, dragging more investors into profit.

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Silvergate Collapse Dragging Down Bitcoin Volume

Data from CryptoQuant shows that active addresses and transfer volume have seen significant declines as Silvergate weighs heavy on the market.

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Bitcoin’s Decline To $22,000 Triggers Second-Largest Liquidation Trend In 2023

Over the last 24 hours, Bitcoin has seen a drastic decline in price. The digital asset’s value fell by over $1,200 in the space of one hour, dragging it back down to the $21,000 territory for the first time in almost one month.

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Bitcoin Signals Tide Change at Current Phase if History is Any Indication — What This Means for BTC

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3 Altcoins That defy Bitcoin Dominance And Continue To Rally – CSPR, TWT, CRV

CSPR’s price remains strong despite price facing rejection from a high of $0. 055 as the price holds above the key support area.   TWT breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down.

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Polygon Bulls In Control, According To This Indicator As Bitcoin Continues In A Range

MATIC’s price remains strong despite price facing rejection from a high of $0. 8 as the price holds above the key support area.   MATIC breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down.

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Here’s why miner capitulation is actually good news for Bitcoin

Bitcoin’s highly volatile price has devastated the majority of the crypto market and is now dragging miners down with it. The post Here’s why miner capitulation is actually good news for Bitcoin appeared first on CryptoSlate.

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Market Wrap: Bitcoin Rises Slightly Along With Stocks

U. S. equity indexes snapped a three-day losing streak on Wednesday, dragging along crypto assets. Bitcoin and other crypto assets rose along with U. S. stocks, which broke a three-day losing streak on Wednesday as investors' appetite for riskier assets returned.

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Bitcoin’s Up, Gold’s Down, the Euro Is Dragging – and It’s All Inexorably Tied

Bitcoin the inflation hedge; the prodigal child returns.

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SEC Extends Deadline for Approving Ark Invest’s Bitcoin ETF

The SEC keeps dragging its feet on approving a spot-based Bitcoin ETF

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Wall Street Investors Expect Bitcoin To Hit $10,000, Is This Possible?

The decline of bitcoin over the last several weeks has raised concerns among investors in the space. The digital asset which had peaked at $69,000 had declined as low as $17,600 and continues to struggle to hold $20,000, dragging investor sentiment down with it.

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Assessing Why Bitcoin (BTC) Dropped Beneath $20K on June 30

Cryptocurrency bears confirmed their presence with a new assault on BTC early on June 30, dragging the bellwether crypto beneath the crucial $20,000. The downside emerged after Grayscale revealed rejections of its BTC ETF application.

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BTC price rejects at $23K as US dollar declines from fresh 20-year highs

The Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it.

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Bitcoin Risks Plunging To $20,000 As LUNA Fatally Crashes To $0 — Over $1.28 Billion Liquidated In Hours

On Thursday, Bitcoin continued to shed its value, dragging along other crypto-assets.

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3 Reasons for Bitcoin's Drop Below $40,000

Here are three causes that may be dragging first cryptocurrency down

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Notes on Bitcoin market mood swings of 'extreme fear' and 'buy the dip'

The cryptocurrency community has been in a dismal state over the past week, as Bitcoin lost over 10% of its valuation during this time, dragging down many altcoins along with it. The top digital assetThe post Notes on Bitcoin market mood swings of 'extreme fear' and 'buy the dip' appeared first on AMBCrypto.

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While The U.S Stalls, A Carbon-Negative Bitcoin ETF Has Just Made A Grand Debut In Canada

While the U. S. is dragging its feet in approving a cryptocurrency exchange-traded fund, Canada, its near neighbor, is leading the way in cryptocurrency ETF adoption. Canada already has around 25 cryptocurrency ETF tickers trading on its Toronto Stock Exchange.

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Tech Stocks Dragging Bitcoin, Ether, & Crypto’s Down, But ‘Fundamentals Still Strong’

This has been just a technical correction, but while BTC continues to range, gold prices are finally showing strength, surging to $1,840 per ounce with the US dollar index on a downtrend since late March.

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DeFi Tokens See Red as Crypto Market Correction Deepens

Cryptocurrency markets are undergoing another correction since the bull market began in late 2020. As bitcoin continues to fall, it’s dragging the rest of the market down with it. BTC has dropped 14% since hitting an all-time high of $61,359 last week.

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Increasing stock market volatility drags Bitcoin and altcoin prices lower

Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower.

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Crypto Market Loses $400 Billion In A Day After Janet Yellen Warns Bitcoin Is ‘Extremely Inefficient’

Bitcoin abruptly dropped from a high of $58k reached on Sunday to a value of $47k on Monday 22 February for one of its biggest-ever corrections in dollar terms, dragging the rest of the crypto market down with it.

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Crypto Market Forecast: W/C 21 December 2020

A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin passes through $20,000 and keeps going - dragging numerous altcoins along with it.

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Bitcoin, Ontology, Dogecoin Price Analysis: 12 September

Bitcoin was trading beneath its $10,400 resistance level, at press time. If it manages to reclaim the level as support, it could surge north to $11,200, dragging with it the rest of the market. FurtheThe post Bitcoin, Ontology, Dogecoin Price Analysis: 12 September appeared first on AMBCrypto.

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How Turning Stock Market Sentiment Could Drag Bitcoin Down Further

Last week closed with a brutal drop in the stock market and a $2,000 plunge in Bitcoin. While there’s a chance that what’s going on across the crypto market was profit-taking, turning stock market sentiment could end up dragging down Bitcoin, Ethereum, and other top crypto assets much like it did during the Black Thursday market collapse.

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Here Are the Levels to Watch After Bitcoin Plunged $1,500

Earlier this week, Bitcoin surmounted $12,000 as global markets surged as the U. S. dollar saw a notable collapse. The world’s reserve currency, though, has since reversed, dragging down global markets with it.

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Cryptocurrency price update: Ethereum and XRP

Bitcoin slumped to lows of $8,980 on Wednesday, the decline dragging the rest of...

The post Cryptocurrency price update: Ethereum and XRP appeared first on Coin Journal.

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Cryptocurrency News Roundup for June 12, 2020

After coming so close to breaking the $10,000 barrier for the first time since the start of the month, Bitcoin bears came out in full force, dragging the price down by 10%. The flagship crypto has gradually recovered and is trading around $9,440 at press time.

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Bitcoin Futures market sees increased turbulence as instability looms large

Bitcoin's price has been revolving around the $7k mark for a couple of weeks now. Every time the coin breaches the $7k, it has been met with extreme selling pressure, dragging down its value. However,The post Bitcoin Futures market sees increased turbulence as instability looms large appeared first on AMBCrypto.

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Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K

Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours.

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These Two Cryptos Are Leading the Recovery as $10 Billion Returns

As Bitcoin continues to plummet dragging most major cryptoassets with it, two cryptos are leading the recovery. Tezos and Link have shot up today as $10bn returns to the cryptocurrency market cap. Tezos and Link Show Remarkable Recovery The end of the month is fast approaching with Bitcoin on track to erase all gains made in February.

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Ethereum Pushing Bitcoin to $10,000 with Futures on Premium

Ethereum seems to have turned bullish, up around 4% today, or $10, after rising 4% yesterday with the second biggest crypto seemingly dragging bitcoin with it. Bitcoin is nearing $10,000.... The post Ethereum Pushing Bitcoin to $10,000 with Futures on Premium appeared first on Trustnodes.

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Bitcoin Price Flash Crashes to $6,900 as Non-Correlation Tests Hodlers’ Patience

Bitcoin's price tumbled to fresh two-week lows on Thursday, dragging the broader cryptocurrency market along with it. The post Bitcoin Price Flash Crashes to $6,900 as Non-Correlation Tests Hodlers’ Patience appeared first on CCN.com

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Litecoin Price (LTC) Technicals Weak, Bitcoin Dragging Market Lower

Litecoin declined heavily after it failed to climb above $46. 50 and $48. 00 against the US Dollar. The price seems to be sliding towards the $42. 20 and $40. 40 support levels. There is a key declining channel forming with resistance near $45.

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Bitcoin's 2019 return overshadows traditional assets even with a looming Death Cross

Bitcoin's entered 2019 with bears dragging the price in the dirt. The sentiment was extremely negative due to the previous year, a bear market. However, after hitting the figurative rock bottom in DecThe post Bitcoin's 2019 return overshadows traditional assets even with a looming Death Cross appeared first on AMBCrypto.

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Bitcoin Falls Below $8,000: Will Support Hold And The Triple Top Pattern Repeat?

Bitcoin is back below $8,000 today, dragging down most of the altcoins with it. Virtually the entire market is down with figures ranging from 1% to 3%, though Holochain and BSV are exceptions with +5% and +2% performances on the day.

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Top 5 Countries That Have Taken a Pro-Crypto Stance Lately

The U. S. may be dragging its heels but check out the top 5 pro-crypto countries that have taken positive action lately. Top 5 Pro-Crypto Countries The U. S. kicked the Bitcoin ETF can down the road and asked for more details on ICOs.

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Tom Lee: Keep Calm and HODL Bitcoin

Bitcoin bulls suffered a setback late last week as the asset dipped below $8,000, dragging the broader market down with it. The situation has marginally improved since with crypto markets starting the week strong, as BeInCrypto covered yesterday.

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XRP Breaks Below Bear Market Bottom, Will The Rest of Crypto Follow?

Yesterday, the leading crypto asset by market cap, Bitcoin, broke down from its multi-month trading range, crashing over 15% and dragging already battered altcoins like XRP and Ethereum down further with it.

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Bitwise Report: Bitcoin’s ‘real price’ deviation on a descent since April

Deviation is on a descent. Since peaking at over $13,800, Bitcoin has been caught in a downward spiral. The pennant which surfaced in June has been dragging the price of the top cryptocurrency down to the four figure mark, but an unlikely statistic should buoy the market, at least in the regulators’ eyes.

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Altcoins Dragging Crypto Market Cap Higher: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is slowly climbing higher and it recently broke the $260. 0B resistance. Bitcoin price is currently trading in a range near the $10,200 level. EOS price is trading near $4.

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Bitcoin, other large-cap cryptos have failed to break even in the last month

Bitcoin and other large-cap cryptocurrencies like XRP, Ethereum etc, were analyzed by Zerononcense in a recent report, and the results indicate that these large-cap cryptocurrencies have not broken even.

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