Bitcoin has dropped 13% this week, hitting a key support level around $58,000 after failing to reclaim its 50-week EMA. Investors have pulled over $4 billion from Bitcoin ETFs in the past 12 days, reflecting heightened market fear due to geopolitical tensions and US trade threats. If Bitcoin holds the $58,000 support, a strong bounce could signal the start of a new bull market with a potential rally to $75,000. However, a break below $58,000 could lead to a further decline toward $36,000, echoing previous bearish patterns.
Bitcoin Cash (BCH) fell about 4.5% on November 8, extending its weekly losses beyond 13%, while Bitcoin remained stable near $75,800. BCH's price dropped below key support levels around $250 and tested $244, signaling weaker demand compared to Bitcoi...
Bitcoin has maintained its critical support level around $76,000 despite facing challenges like the Binance hack, U.S. election uncertainty, and geopolitical tensions. This resilience suggests ongoing demand and supports a bullish long-term view, pro...
Ether.fi (ETHFI) surged 9.03% to $0.583, leading gains among the top 90 cryptocurrencies by market cap on Nov. 6, even as Bitcoin and Ether prices fell. Other notable gainers included Zcash (7.97%), Pearl (7.88%), Bitway (7.35%), and Pepe (5.15%). Me...
Altcoins have dropped over $200 billion in market capitalization, losing more than 62.5% of gains made between mid-August and September, driven by macroeconomic uncertainty and rising interest rates. Over 70% of altcoins, including Solana, have falle...
The crypto market saw a volatile start to November, initially gaining $100 billion after the U.S. midterm elections but then losing those gains due to a global sell-off in technology stocks. Bitcoin dropped 2.5% from $77,845 to $75,877, while XRP fel...
