Bitcoin recently closed a weekly candle below its 200-week moving average for the first time since June 2022, trading around $58,000 to $62,000. This moving average has historically marked bear market lows and acted as strong support during downturns. The drop reflects broader macroeconomic pressures, including shifts in Federal Reserve rate expectations. Traders are closely watching whether Bitcoin can reclaim this level soon, as prolonged stays below it have previously led to deeper sell-offs and capitulation phases.
Bitcoin's price hovered around $80,500 on October 24, facing selling pressure that challenges its key support near $80,350. Technical indicators show a bearish trend below $82,000, with moving averages signaling downside risks while oscillators remai...
David Schwartz, Ripple's former CTO, stated that the XRP Ledger (XRPL) is unlikely to achieve major success in financial applications as long as its native asset, XRP, lacks strong demand and value. He explained that XRP is essential for operating th...
Bitcoin is struggling to hold the $80,000 support level after failing to maintain above $83,000, signaling potential further downside. Analyst Benjamin Cowen warns that a weekly close below $83,000 on October 25 would strengthen bearish sentiment thr...
On October 24, 2026, five tokens reached all-time highs, including Re Protocol reUSD (REUSD) which matched its peak at $1.11, and ShareX (SHARE) trading slightly below its record. Meanwhile, 14 tokens hit all-time lows, with Ultima (ULTIMA) and other...
Bitcoin's price dropped to around $80,494, down 1.26%, alongside a 14.11% decline in trading volume, indicating weaker market participation. Despite increased network activity and a slight rise in Bitcoin's market dominance, sentiment remained neutra...
