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Bitcoin's price movements took a minor detour yesterday when the asset slipped to $82,400, but it managed to recover most losses and now sits above $83,000 once again. The altcoins are also quite sluggish on a daily scale, aside from PI, which has maintained its recovery session. BTC Calm at $83K The primary cryptocurrency went through a highly volatile trading week, which began with a price slip to $81,600 on Monday. It bounced off almost immediately and went on the offensive hard by Wednesday....
TL;DR Ripple's cross-border token is currently trading around a crucial level that can determine whether it shoots up by double digits or slumps hard. The worst-case scenario, though, sees the asset dropping to $1.3. XRPUSD. Source: TradingView The renowned crypto analyst Ali Martinez has outlined multiple times the importance of the $2 support for XRP's future price movements. The asset tested it on a couple of occasions in the past month, dipping below it twice since March 11. However, it ulti...
The trade tariffs confirmation announcement by United States President Donald Trump on April 2 triggered a flurry of reactions from cryptocurrency investors, who anticipated market turbulence driven by the policy change. According to a weekly report by the on-chain analytics platform CryptoQuant, the crypto market witnessed a sell-off before and during the press conference held for the announcement. Since then, bearish conditions have persisted. Crypto Investors’ Reaction to Trump’s Tariffs As t...
The predominant belief is that the cryptocurrency market is in a bull market state that started somewhere around the US elections. Although the past few months didn't go all that well for most cryptocurrencies, many analysts believe this is just a traditional correction in the broader bull cycle. But is that true for all digital assets? Let's check out ETH. 4 Red in a Row The overall landscape around Ethereum is not all that promising. The largest PoS blockchain faces a substantial revenue decli...
Bitcoin is staging a rebellion against traditional markets, gaining more than 2% while the S&P 500 and Nasdaq dropped nearly 6% in a single day. As Trump’s tariffs caused chaos, over $3.2 trillion was wiped out from stocks, yet crypto added $5.4 billion in market cap. Now traders are asking; is BTC finally breaking free from Wall Street’s grip? Decoupling From Mainstream Markets “This is insane, BTC is detaching right before our eyes,” tweeted crypto analyst Cory Bates, reacting to data showing ...
The first quarter of 2025 turned out to be the worst Q1 bitcoin (BTC) has seen in seven years. The leading digital asset lost at least 12% of its value between January and March despite heavy accumulation from corporate entities. The market analytics platform CryptoQuant explained that long-term holders' on-chain activity is why BTC plummeted significantly despite major corporate buying. Corporate Entities Accumulate Heavily Public companies that have embraced Bitcoin acquired a total of 91,781 ...
Throughout March, the crypto market continued its pullback from February, driven by macroeconomic uncertainty and policy changes in the United States. Amid this negative market sentiment, the sector witnessed some notable developments, which have been outlined by the research arm of the world's largest crypto exchange, Binance. According to a Monthly Market Insights report by Binance Research, the industry saw regulatory progress and growth in certain sectors in March, reinforcing positive senti...
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