As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.
Category: Altcoin News
Memecoin dumps, then pumps after Vitalik Buterin sells unwanted airdrop
The memecoin took a massive hit after Buterin sold his entire 17 billion Neiro airdrop, but in a weird turn of events, it pumped soon […]
Bitcoin dominance hits 58% amid altcoin, stock market bloodbath
Bitcoin dominance has notched a new yearly high amid a brutal Ethereum-led sell-off.
$300B plunge: Largest 3-day wipeout for crypto in a year
The crypto market saw its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a recession leading to a tumble […]
2 reasons Solana and other altcoins ETFs may struggle — Sygnum Bank
Katalin Tischhauser, head of investment research at Signum Bank, has joined other commentators who suggested that spot Solana and Cardano ETFs are unlikely, though VanEck […]
Bitcoin falls into demand zone — Will SOL, XRP, KAS and AAVE follow?
Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE.
Criminal at Bitcoin 2024, BTC Strategic Reserve Bill, and more: Hodler’s Digest, July 28 – Aug. 3
Sen. Lummis introduces Bitcoin Strategic Reserve Bill, Bitfinex hacker shows up at Bitcoin 2024, and Trump Bitcoin sneakers: Hodler’s Digest.
Dogwifhat open interest declines 28% amid fears of a $1.50 'likely retest'
Crypto traders claim that Dogwifhat will “likely retest” the critical support level as its price and open interest have both plummeted since July 27.
Why are memecoins down today?
Memecoins underperform the wider crypto market after double-digit weekly losses surpass the sell-off in BTC and ETH.
Price analysis 8/2: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness.