Bitcoin (BTC) Price Could Slide Below $40,000 if Bulls Fail to Defend These Crucial Levels

Bitcoin (BTC) Price Could Slide Below $40,000 if Bulls Fail to Defend These Crucial Levels

As the research report of Matrixport analyst Markus Thielen emerged, the Bitcoin (BTC) price suffered a flash crash. The report suggested that the SEC could reject all the ETF applications, which stands in contrast with the other reports. This caused nearly $2 billion of OI to be wiped out of the markets, and more than…

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Shiba Inu Drops Below $0.00001 Milestone Amid $500 Million Crypto Market Crash! What’s Next For SHIB’s Price?

Shiba Inu Drops Below $0.00001 Milestone Amid $500 Million Crypto Market Crash! What’s Next For SHIB’s Price?

The crypto market recently experienced a significant liquidation of $500 million, triggered by a surge in the “sell the news” sentiment after Bitcoin faced challenges around the $45,000 mark. Consequently, Bitcoin’s decline towards $40,000 led to a substantial sell-off in the altcoin sector, with meme coins not being an exception. Shiba Inu, for example, lost…

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Global Cryptocurrency Market Cap Plunges Over 6%: 600 million Liquidated in Hour

Global Cryptocurrency Market Cap Plunges Over 6%: 600 million Liquidated in Hour

In the past 1 hour, the global cryptocurrency market cap has experienced a significant decline, falling by over 6% to $1.63 trillion. This meltdown dragged major exchanges such as Bitcoin, Ethereum, Solana, XRP, and Cardano, all of which have dropped by over 6% in just an hour. Bitcoin’s prices have also plummeted by 7% to…

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Why is the Bitcoin (BTC) Price Down Today? It’s Not Matrixport Report; Here’s The Real Reason

Why is the Bitcoin (BTC) Price Down Today? It’s Not Matrixport Report; Here’s The Real Reason

On its 15th anniversary, Bitcoin experienced a significant 8% crash, contributing to a nearly 9% downturn in the cryptocurrency market. This drop coincided with speculations about the potential rejection of spot Bitcoin Exchange-Traded Funds (ETFs) by the United States Securities and Exchange Commission (SEC). Despite the timing, expert analysts have dismissed the crash as unrelated…

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Silver Price Analysis: XAG/USD hits multi-week low, seems vulnerable below 50% Fibo.

Silver Price Analysis: XAG/USD hits multi-week low, seems vulnerable below 50% Fibo.

Silver drifts lower for the fourth straight day and touches a near three-week trough. The technical set-up favours bearish traders and supports prospects for further losses. A sustained strength beyond the $24.00 mark is needed to negate the negative outlook. Silver (XAG/USD) remains under some selling pressure for the fourth successive day…

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USD/MXN advances to near 17.03 on risk-off sentiment, focus on US data

USD/MXN advances to near 17.03 on risk-off sentiment, focus on US data

USD/CHF retraces recent gains as the US Dollar halts its winning streak. The recent Mexico data reduce Banxico’s immediate pressure for policy-tightening decisions. The Greenback gains ground on improved US Treasury yields. USD/MXN continues the winning streak that began on Thursday, trading higher near 17.03 during the European session on Wednesday. The…

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