Panic or opportunity? What crypto capitulation tells smart investors
Crypto market capitulation refers to a point of extreme selling pressure when investors panic and sell off assets, often marking the bottom of a market cycle.
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Bitcoin Hits $99,997 Low as Crypto Market Faces Sharp Declines
On Wednesday, the price of bitcoin plummeted below the $100,000 mark, hitting an intraday low of $99,997 per coin. The whole crypto market has taken a hit, dropping 5.74% in…
Ethereum Technical Analysis: Bullish Breakout Needed to Reverse Bearish Trend
As of Oct. 14, 2024, ethereum’s price is $2,541, with a total market cap reaching $305 billion. In the last 24 hours, ETH has swung between $2,436 and $2,555, supported…
FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18
Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated…
BTC and ETH ETFs Post Positive Inflows Despite GBTC, ETHE Losses
On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows…
Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says
A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal…
Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes
On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend,…
Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn
Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000…
The Top 5 Crypto Sectors Driving the Market in October 2024
As October 2024 kicked off, the crypto market has remained steady despite a widespread dip on Tuesday. Since January, there’s been an interesting uptick in specific crypto themes, with artificial…
Bitcoin Stumbles as ‘Uptober’ Kicks Off With a Slump
Bitcoin stumbled on Tuesday, casting a shadow over the much-anticipated ‘Uptober.’ Around 11 a.m. EDT, prices dipped to an intraday low of $61,801 on Bitstamp. Bitcoin Sinks, $289 Million in…
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