The crypto market is in the throes of a sharp downturn, with Bitcoin leading a relentless sell-off that has erased almost $400 billion from global digital asset valuations in a matter of days. According to CoinGecko, Bitcoin tumbled over 10% within 24 hours, scraping a low of $81,919 and sending ... Read full đ´đ Market Analysis: 24-November-18
Bitcoin has hit liquidation levels last seen during the FTX collapse, but this time the shock came from a market overloaded with unprecedented leverage rather than fraud or exchange failure.According to some analysts, leverage flushes like this have historically created strong medium-term opportunit
Bitcoin (BTC) traders are navigating through one of the fastest capitulation events since late 2022, but one market analyst argued that historical data confirms that $80,000 was the bottom.Key takeaways:A Bitcoin analyst assigned a 91% probability that BTC will not see a weekly close below the curre
CME Group said Monday that its cryptocurrency futures and options suite hit an all-time daily volume record of 794,903 contracts on Friday, Nov. 21. The previous record of 728,475 contracts was set on Aug. 22.The leading derivatives marketplace has seen its average daily volume of 270,900 crypto con
Key points:Bitcoin should have bottomed out at $80,000 last week, according to former BitMEX CEO Arthur Hayes.Liquidity conditions are poised to turn in the crypto bullsâ favor, with the US Federal Reserve set to end QT.The buzz around future Fed rate-cut moves remains highly volatile.Bitcoin shoul
Welcome to the US Crypto News Morning Briefingâyour essential rundown of the most important developments in crypto for the day ahead.Grab a coffee and brace yourself because Bitcoinâs October sell-off is showing signs of reversal. With buying pressure returning and institutional support strengthenin
Key takeaways:ZEC charts mirror BNBâs pre-crash parabola, hinting at a potential correction to the $220â$280 range next.Analysts warn of âpump-and-dumpâ dynamics amid paid promotions, although some crypto veterans remain bullish long term.Zcash has dropped about 30% from its November peak of $750,
The official Shiba Inu X account has issued an assuring message to the SHIB community as the broader crypto market faces uncertainty.In a tweet, Shiba Inu X account wrote, "Memes built our foundation, Utilityâs building our future. Together, theyâre unstoppable." The market is still gripped by "extr
By Vicky Ge HuangThe first U.S. exchange-traded fund to directly hold dogecoin, the original memecoin, has started trading against a backdrop of ongoing crypto market volatility.The fund, sponsored by Grayscale Investments, trades under the ticker GDOG and charges a 0.35% management fee. The fee wil
Cardano faced an unexpected shock when a corrupted transaction aimed at Charles Hoskinsonâs personal stake pool caused the network to split for several hours. The incident triggered confusion, exposed weaknesses, and sparked a heated clash over motive and responsibility. Here is how a single action
JPMorgan refreshed its outlook on bitcoin miners and high-power compute-pivoting data center operators on Monday, upgrading Cipher Mining and CleanSpark while cutting price targets for several of the largest legacy miners.Analysts Reginald Smith and Charles Pearce said the sector is entering a "high
A prominent on-chain analyst has warned that the arrival of powerful quantum computers could trigger one of the most disruptive moments in Bitcoinâs history, not because of the technology itself, but because of the political gridlock surrounding how the network responds. James Check, founder of Chec
Bitcoin (BTC) held above $86,000 on Monday after recovering steadily over the weekend from Fridayâs flush to $80,600, its lowest price since April. The rebound came as traditional markets opened the week on a cautious footing, with the US Dollar Index (DXY) steady above 100, hovering near a six-mont