Pundit Who Predicted Bitcoin’s Plunge To $20k Lowers Bet To $12,000

Despite stabilizing at the start of the week following a brutal sell-off last month, Bitcoin could plunge further, setting up Ethereum and other cryptocurrencies for a deeper correction...

389 +

Bitcoin Cash is up by 20% from its low on 19 August, thanks to...

Bitcoin Cash [BCH] has turned out to be one of the best cryptocurrencies that one could have bought during the weekend. Last week’s crash triggered a sell-off across the crypto spectrum. Most of The post Bitcoin Cash is up by 20% from its low on 19 August, thanks to... appeared first on AMBCrypto.

518 +

Bitcoin Price Witnesses Sharp Sell-Off – Further Volatility On Chart?

Bitcoin price has witnessed a sharp fall over the 24 hours and the reason for the same is unknown. The coin witnessed excessive selling pressure causing price to dip by 9% in the past day. Most gains that Bitcoin secured in a week were lost due to the recent price drop.

236 +

Analyzing MANA's next move based on these key metrics

About a week ago, we explored the possibility of MANA exiting its triangle pattern. Fast forward to the present and that breakdown took place, courtesy of a crypto market sell-off that commenced this The post Analyzing MANA's next move based on these key metrics appeared first on AMBCrypto.

477 +

Here's how Bitcoin miners are really dealing with market pressure

The first week of June saw the start of a sell-off phase in the cryptocurrency market, with most cryptocurrencies seeing a 4-year low. The deteriorating market conditions have also harmed the profitabThe post Here's how Bitcoin miners are really dealing with market pressure appeared first on AMBCrypto.

517 +

Analysis: Miner capitulation reached 2018 bear market levels

Bitcoin fell to lows of $17,600 last week, with investors losing over $7. 3 billion over three brutal days. Glassnode data showed long term investors sold more than 178k bitcoins over the period, while the sell-off accounted for over 555,000 BTC.

631 +

"Alameda" Wallet Moves $2 Billion on FTX Exchange in Past Week, Prior to Biggest Crypto Sell-Off in History

SBF-rated wallet is moving massive funds on exchange

660 +

Finance Redefined: Three Arrow Capital and Celsius fall brings a tsunami of sell-off in DeFi

DeFi market saw a sharp decline in its TVL, falling over $25 billion from the last week due to sell-off pressure created by the bear market.

474 +

These Two Indicators Continue to Point to Bitcoin Being Bearish in Short Term

Bitcoin fell within week amid sell-off in global risk assets to reach low of $20,079

387 +

Ethereum At $1020, Will It Fall Below $1000 Anytime Soon?

Ethereum plummeted over 8% in the last 24 hours as the crypto bloodbath continues. Bears are in control of the market as the coin is treading very close to the $1000 price level. The major sell-off has also affected Bitcoin massively as the crypto lost over 33% in the last week itself.

441 +

Assessing if LEO can continue defying the broader market sell-off

The crypto market looks like a blood bath every once in a while and that is how it has kicked off this week. LEO, the native cryptocurrency of the UNUS SED LEO stood out at press time, as the only cryThe post Assessing if LEO can continue defying the broader market sell-off appeared first on AMBCrypto.

519 +

Ethereum falls by over 30% in less than a week – What next?

Like most major coins in the market, Ethereum has seen a massive sell-off over…

The post Ethereum falls by over 30% in less than a week – What next? appeared first on CoinJournal.

491 +

Global Crypto Market Cap Falls Below $1.25T As Ethereum Wavers

The global cryptocurrency market cap fell sharply towards the end of the week, following a market-wide sell-off in the past four weeks that has put a dent in the micro-price performance metrics of Bitcoin and Ethereum.

362 +

Algorand [ALGO]: Is the threat of another round of sell-off real

After plummeting below the $0.68-mark, Algorand [ALGO] hovered around the high liquidity range near $0.7 for over a week. However, the broader liquidations led the altcoin to accelerate its southboundThe post Algorand [ALGO]: Is the threat of another round of sell-off real appeared first on AMBCrypto.

436 +

Bitcoin Cash, Tron, MANA Price Analysis: 15 May

As the broader market crashed all the way down to the $1.2T-mark over the last week, HODLers have been trying to stall the sell-off situation. But, they still need to inject higher volumes to sustainaThe post Bitcoin Cash, Tron, MANA Price Analysis: 15 May appeared first on AMBCrypto.

729 +

Assets favoring long BTC still far outweigh short BTC products, but problem is...

The cryptocurrency market has witnessed a massive sell-off this week. Over $3.15 billion in the value passed in or out of exchanges, with a net bias towards inflows, which accounted for $1.60 billion The post Assets favoring long BTC still far outweigh short BTC products, but problem is... appeared first on AMBCrypto.

416 +

Bitcoin sets new 2022 lows as analyst says trip to $24K realized price ‘entirely possible’

Below $30,000 is now traders’ preferred prognosis for Bitcoin price action with no let-up in the sell-off this week.

518 +

Market Wrap: Crypto Sell-Off Stabilizes Amid Bearish Sentiment

Bitcoin (BTC) is down by 6% over the past week and appears to be stabilizing after Thursday's sell-off. Traders remain cautious, although some altcoins such as GALA have rallied.

412 +

Bitcoin Risks $28k Bottom After Worst Plunge In 2 Months As BTC Sell-Off Takes Unexpected Turn

Bitcoin’s price continues to reel under the pressure of marketwide turmoil that has seen the cryptocurrency plunge by over 10% this week.

420 +

Bitcoin Sell-Off Continues as Asian Markets Fall Amid Weak China Cues

Bitcoin continues losses as major markets around Asia end the week

438 +

Bitcoin Nears Psychological Barrier, Here’s What To Look Out For

The cryptocurrency market has had another wild week, with the price of Bitcoin (BTC) hitting a new multi-month low of $37,700. The stock market also experienced a significant sell-off, owing to investor concerns over the size of the Federal Reserve’s next rate hike.

390 +

Data Shows Bitcoin Top Buyers Already Capitulated, New Bull Rally Here?

On-chain data suggests Bitcoin buyers who entered at the top may have already capitulated. Last time such a trend happened was back in July 2021, following which a new bull rally occurred. Lackluster Bitcoin Sell-Off Recently May Suggest Top Buyers Have Already Capitulated As per the latest weekly report from Glassnode, there hasn’t been any significant loss realization recently despite world-changing events taking place this week.

544 +

A U.S. Stimulus-Backed Rebound Could Fuel a Bitcoin Bull Rally: Here’s Why

Bitcoin kicked off this week with a modest move higher, rising 0. 78 percent as of Monday’s close. The gains followed a sharp sell-off last week as traders pinned their hopes on a new stimulus package by the Federal Reserve and the U.

600 +

These 4 Signs Show Bitcoin Is Likely to See a “Big” Move Down: Analyst

Bitcoin has already seen a strong reversal from the highs seen earlier this week. As of the time of this article’s writing, the flagship cryptocurrency trades at $9,200. This comes after it fell as low as $8,950 during a flash sell-off on Wednesday, with the price being depressed by a leveraged-long liquidation event. Unfortunately for […]

648 +

Bitcoin: Hodlers optimistic amid sell-off concerns

Bitcoin was trading at $9,450, at the time of writing. The king coin's sudden movement contributed to it falling further below as it struggled near a level that had been unseen since the last week of The post Bitcoin: Hodlers optimistic amid sell-off concerns appeared first on AMBCrypto.

886 +

Crypto Tidbits: Bitcoin Halving, Reddit Using Ethereum, JP Morgan Dabbles in Crypto

Another week, another round of Crypto Tidbits. Bitcoin has seen quite the tumultuous week, The cryptocurrency started off the week with a bang, collapsing from ~$9,700, the weekly open price, to a low of $8,100, in a dramatic sell-off that liquidated over $200 million worth of long positions on BitMEX and hundreds of millions of more...

573 +

BTC to Follow Stocks to the Downside, Analyst says Post Halving Sell-Off Makes Sense

Last week, bitcoin went as high as nearly $9,500 only to drop back down to $9k level. Much like February, we weren’t able to sustain above $9,000 and went to $8,500. At the time of writing, BTC/USD has been trading around $8,750, down 2.

496 +

Bitcoin Holds Gains but Technical Patterns Hint It Will Fall to $5K

Bitcoin has surged by up to 24 percent ahead of closing the week despite the Coronavirus-induced global market sell-off. Nevertheless, the benchmark cryptocurrency could end up losing a large chunk of its gains heading into the new seven-day timeframe.

475 +

Ripple CEO Brad Garlinghouse on Coronavirus Impact: The “Markets are Extremely Resilient”

Last week, the fear about the economic impact of the coronavirus (Covid-19) pandemic had the stock market's biggest one-day drop since 1987. Crypto market wasn’t untouched by the panic sell-off either as investors sold whatever they could get their hands on in a flight to cash and safety.

673 +

Institutional Investors Primarily Fueled Recent Bitcoin Bloodbath – But There Is A Silver Lining

The bitcoin(BTC) price got hammered last week in an epic sell-off that sent shock-waves to investors and traders. There are a number of theories that explain why the flagship cryptocurrency plunged to unforeseen levels.

406 +

Long-Term Investors Have Been Accumulating Bitcoin, Unfazed By Market Sell-Off: Report

Long-term BTC investors have been stocking up on sats, despite the steep drop in crypto prices over the past week. Bitcoin endured a brutal sell-off that saw it lose at least 35% from the $8,000 level that had been holding strong.

530 +

After Falling From The Third Spot During Black Thursday; Time to Start Accumulating XRP?

XRP is currently recording gains of 3. 90% in the past 24 hours while trading at $0. 149 but still at fourth place, as per Messari. The digital lost the third place to Tether (USDT) following the violent sell-off last week that saw XRP falling to $0.

522 +

Bitcoin Miners Are Shutting Off their Rigs as Hash Rate Drops 28% from ATH

The price of Bitcoin is keeping stable at around $5,000, currently trading at $5,325 with 24 hours gains of 5.79%. In the past 24 hours, $1.75 billion worth of bitcoin exchanged hands. The trading volume of the digital currency reached near record highs amidst the deep sell-off last week. On March 12th, bitcoin trading volume […]

531 +

Bitcoin Jumps as US Stock Futures Rebound after Coronavirus-induced Sell-off

Bitcoin traded higher on Tuesday following a severe sell-off that saw its prices plunge by circa $900 at the start of this week. The benchmark cryptocurrency jumped to intraday high of $5,466 from its weekly low, up 23.

535 +

Tim Draper Believes Bitcoin Will Save The Day When The World Returns To Normalcy, Not Governments Or Banks

Last week was undeniably one of bitcoin’s worst week characterized by a brutal sell-off and flash crashes as investors grappled with the coronavirus pandemic that has rocked the whole world. With so many countries now in lockdown, world leaders and central banks have made stopping further spread of the virus their highest priority. Besides the […]

348 +

XRP Gets a Beatdown, Slips from Third Place as Price Is Looking Down in White Space

XRP has lost its 3rd place to Tether (USDT), a popular stablecoin and much like the digital asset controversial. Last week, the crypto market endured a violent sell-off that not only resulted in Bitcoin seeing its highest percentage loss in 7 years but also XRP crashing to $0.

582 +

Are Whales Dumping Bitcoin In Large Amounts Driving The Price of BTC Down?

This week the market suffered a panic sell-off and went down to $3,850, seeing the third-largest percent drop of 37.53% after 2011’s 38.67% and 2013’s 48.57%. Bitcoin has been seeing a drop in its prices since the past month in line with the stock market, so much so that the 90-day correlation between the BTC […]

422 +

Bitcoin Risks Falling to $2,900 if Market is Heading for Long-Term Lower Low

Bitcoin logged its wildest week for the first time in seven years, plunging by more than 50 percent after a sell-off sparked by the worsening Coronavirus pandemic. The benchmark cryptocurrency on Friday crashed from $8,187 to $3,858 with a matter of 30 minutes.

451 +

Quant crypto fund: Bitcoin is just as “susceptible to market panic” as other assets

Quantitative crypto fund Strix Leviathan says the narrative of Bitcoin as a hedge against economic uncertainty could be false—considering last week’s nearly unprecedented stock market sell-off, where the S&P 500 suffered its sharpest correction since the 2008 financial crisis and BTC shed nearly 15 percent in USD terms.

675 +

Bitcoin Risks Drop to $8.7K as Accurate Fractal Flashes Sell-off Sentiment

Bitcoin is risking massive price declines below $9,000 as a historically accurate fractal indicates traders’ sell-off sentiment. The benchmark cryptocurrency’s tendency to retest the $8,750 level increased after it confirmed a bullish reversal pattern last week.

518 +

Crypto market forecast: 24th February

It was an up and down week for digital assets, with the price of both Bitcoin and altcoins bouncing sharply on Wednesday and Thursday. Some assets like ETH and XTZ, however, were able to navigate the midweek sell-off and keep their bull trends intact.

420 +

Why Analysts Expect More Upside After Bitcoin Just Broke $10,000 (Again)

Over the past 36 hours, Bitcoin has finally started to show signs of strength after the brutal 10% sell-off earlier this week. From the week’s most traded price at $9,600, the cryptocurrency has pressed higher to $10,000 as of the time of writing this, seemingly to establish a short-term candle close above this crucial psychological level.

445 +

Ethereum, XRP, and Litecoin Could See Further Decline

Last week, the market began to overheat as greed took hold. Ethereum, XRP, and Litecoin saw losses in the subsequent sell-off. Indicators show further declines. Ether Prepares for Further Drop...The post Ethereum, XRP, and Litecoin Could See Further Decline appeared first on Crypto Briefing.

418 +

Bitcoin's CMBI index decreases as Chinese Equities face sell-off

Since the start of January, the mid-cap crypto index had registered collective growth of over 50 percent till the end of 3rd week. The small-cap crypto index registered a positive spike with well oThe post Bitcoin's CMBI index decreases as Chinese Equities face sell-off appeared first on AMBCrypto.

507 +

Bitcoin Jumps 10%, PlusToken Moves $100m of Ethereum; Can it End the Rally?

Bitcoin didn’t start the week off hot. On Monday and Tuesday, the leading cryptocurrency tanked, falling by 10 percent in 48 hours’ time. Altcoins followed suit, with Ethereum’s price performance actually going into the red on the year, accentuating the severity of this strong sell-off.

473 +

Bitcoin bulls roar as price surmounts $7,000; shows sign of macro reversal

Bitcoin didn’t start the week off hot. On Monday and Tuesday, the leading cryptocurrency tanked, falling by 10 percent in 48 hours’ time. Altcoins followed suit, with Ethereum’s price performance actually going into the red on the year, accentuating the severity of this strong sell-off.

406 +

Sell-off season might not come as Bitcoin devaluation could occur over a 7-month period

Trend reversal is an important indication in the crypto asset space and one that is currently unfolding in the market. The price of Bitcoin over the week had witnessed very negligible movement as the valuation consolidated in the range of $10,500 to under $12,000.

497 +

Bitcoin Struggles to Build Momentum After Defense of $7.4K Price Support

A key technical line applied brakes to bitcoin's sell-off earlier this week, but so far the bounce has been shallow, with upside capped around $7,900.

341 +

Bitcoin Price: Whales ‘Manufactured’ Dump to Accumulate More BTC

Bitcoin price fell below $8000 for the first time in over a week June 4 after several huge transactions appeared to move markets artificially. BTC Sheds $600 After Coinbase Sell-Off Data from cryptocurrency exchange Bitstamp painted a volatile picture for bitcoin Tuesday, BTC/USD suddenly dropping $500 in around 90 minutes.

753 +