Why is The Crypto Market Down?

2024-6-8 21:47

The crypto market is not finishing this week on a high note. It’s quite the opposite, as Bitcoin and all top altcoins are down significantly in the last few hours. Bitcoin went from around $71,000 to below $69,000, while Ethereum dropped from around $3,850 to now trading below $3,700.

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Источник: captainaltcoin.com

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Bitcoin Traders Spread “Buy The Dip” As BTC Plunges Below $66,000

Data shows “buy the dip” calls for Bitcoin have spiked around social media following the plummet the asset has seen below the $66,000 level. Bitcoin Social Volume For Terms Related To Buy The Dip Has Shot Up According to data from the analytics firm Santiment, Bitcoin investors have more heavily reacted with bullish calls than bearish ones despite the sharp decline the asset has observed.

2024-4-3 18:00


Polkadot ‘Looks Good’ Long-term Says Elite Trader, Predicts new ATH for DOT

Amidst the recent crypto market correction, Polkadot (DOT) has experienced a 15% dip, trading below $10 at the $9 level after hitting a 2024 yearly peak of around $12 a few days ago. Despite this temporary setback, AlanSantana, one of the most popular traders on TradingView, remains bullish on DOT’s long-term prospects and says it […] The post Polkadot ‘Looks Good’ Long-term Says Elite Trader, Predicts new ATH for DOT appeared first on CaptainAltcoin.

2024-3-20 22:30


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Bitcoin To $53,200? Why History Says It’s Possible

As Bitcoin drops below $68,000, history suggests this correction is rather tame for bull markets, as plunges to this deep on-chain level have been the norm. Bitcoin Short-Term Holder Realized Price Is Currently Around $53,200 As pointed out by CryptoQuant Netherlands community manager Maartunn in a post on X, BTC still has a decent margin over the realized price of the short-term holders.

2024-3-16 22:00


Crypto Carnage Continues as Bitcoin Plunges Under $40,000, But These Indicators Look Promising

Bitcoin briefly traded below $40,000 on Monday for the first time since early December, extending a selloff that has shaved 35% off the cryptocurrency’s value so far this year. According to market intelligence firm Santiment, discussion around Bitcoin and Ethereum has dropped 35% and 21% respectively compared to last week’s ETF approval frenzy.

2024-1-23 01:15


Bitcoin Doom Signal Warns Of 50% Crypto Collapse

Bitcoin price lost support yesterday at around $27,000 and is now below a critical level that the last two times it was lost, resulted in a 50% or more decline.   Will this signal returning once again forecast sudden doom and cause crypto prices to rain down another 50% lower? Bitcoin Forecast Is Suddenly Cloudy The last several weeks of resilience in Bitcoin price action have been seemingly erased this week, as price fell below support at $27,000.

2023-10-12 16:01


Mammoth $200M Bitcoin single-day inflow to exchanges mirrors key 2023 moments

Quick Take Yesterday, Oct. 11, exchanges noted an inflow of around 8,000 Bitcoins, equating to approximately $200 million, signaling a significant shift in crypto market dynamics. Most of these transactions ranged from $1M to $10M, suggesting that ‘whales’ or large-scale investors were likely active, particularly as Bitcoin’s price fell below $27,000.

2023-10-12 14:30


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