Bitcoin recently fell to $59,100, prompting analysts to warn it may be repeating the bearish pattern seen in 2022, especially around the critical 50-month exponential moving average at $66,628. This technical level is seen as a potential support before further declines, raising concerns about continued downward pressure. Meanwhile, Ethereum and XRP show resilience, with Ethereum maintaining bullish forecasts and XRP trading in a historically supportive zone, suggesting possible rebounds. The crypto market is currently divided between fears of further Bitcoin declines and optimism for other major tokens' recoveries.
ZEC cryptocurrency jumped 11% to around $1,230, leading a broad crypto market rebound with Bitcoin climbing back above $82,000 after briefly dropping below $80,000. However, the US spot ZEC ETF saw a $15 million outflow, marking its fifth withdrawal ...
An unidentified whale or institution sold 1,601.1 Bitcoin (BTC) for 132 million USDC and purchased 53,095 Ether (ETH) over a five-day period, with an average purchase price of $2,497 per ETH. In the latest 24 hours, it sold 288.9 BTC for 23.48 millio...
XRP led spot trading volume on South Korea's largest exchange, Upbit, surpassing Bitcoin and Ether with $145.6 million traded on Oct. 15 and $108.3 million on Oct. 16. This surge comes as South Korea's Financial Intelligence Unit blocked 27 offshore ...
Bitcoin briefly fell below its key ascending channel and support level around $79,700 but quickly recovered to above $82,500, signaling strong bullish momentum. The price is currently forming a small bull flag pattern, suggesting a potential rise tow...
Bitcoin price briefly fell below $80,000 following a 6.3% rise in US Producer Price Index inflation, triggering hawkish comments from Federal Reserve officials signaling potential aggressive rate hikes. Despite the dip, large Bitcoin holders (whales)...
