Tag: Altcoin

Is It Time For Altcoin Season? Bitcoin Dominance Rises To Major Rejection Zone

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Crypto analyst El Crypto has raised the possibility of an altcoin season happening soon. The analyst alluded to Bitcoin’s dominance rising to a major rejection zone, which could be…

US dollar index crashes, raising hopes of Bitcoin and altcoin prices

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The US dollar index crashed to its lowest level since April 2022 as the trade war between China and the US escalated and jitters in the bond market continued. The DXY index, which tracks the greenback against a basket of developed-world currencies like the euro, sterling, and Japanese yen, dropped to $99—down 10% from its highest point this year. This crash came after China announced its retaliatory tariffs against the United States. All US goods entering the country will now face a universal 125% tariff. Beijing made this announcement after…

Bitcoin, Ethereum, XRP, and altcoin prices boosted as U.S. inflation dives

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US inflation dropped in March, raising optimism that the Federal Reserve will adopt a more dovish tone in upcoming meetings—boosting crypto prices. Data from the Bureau of Labor Statistics showed that the headline Consumer Price Index fell from 0.2% in February to -0.1% in March. On an annual basis, inflation declined from 2.8% to 2.4%, putting it on track to reach the Fed’s target of 2.0%. The closely watched core CPI, which excludes volatile food and energy prices, also dropped from 0.2% to 0.1% month-over-month, pushing the annual core figure…

Here’s why Bitcoin and altcoin prices may surge after the crypto Black Monday

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Bitcoin and most altcoin prices continued their strong downtrend on Monday as market participants braced for a recession.  Bitcoin (BTC) plunged to a low of $74,428 on April 7, its lowest level since November 6, and down by over 31% from its highest point this year. Altcoins did much worse as many investors exited their positions. Ethereum (ETH) crashed below $1,500 and moved to its lowest level since 2023. The other top laggards were coins like Berachain (BERA), Zcash (ZEC), Litecoin (LTC), and Maker (MKR). The ongoing crypto market crash…

‘Shock’ Fed warning risks crashing Bitcoin, altcoin prices

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After Donald Trump announced his Liberation Day tariffs, Bitcoin and most altcoins outperformed stocks.  Bitcoin (BTC) remained between $80,000 and $90,000, while Ethereum (ETH) was stuck slightly below $2,000. The total market cap of all cryptocurrencies dropped from $2.7 trillion to $2.6 trillion.  Meanwhile, the stock market had its worst week since 2020. The blue-chip Nasdaq 100, S&P 500, and Dow Jones slumped into a correction.  Bitcoin vs Dow Jones vs Nasdaq 100 | Source: crypto.news Shock Fed warning on stagflation Bitcoin, altcoins could come under pressure after the Federal…

XRP Breakout Alert! Could This Surge Send The Altcoin To $3?

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XRP is probing critical support levels as the cryptocurrency market struggles with chronic volatility. The digital asset currently trades at $1.98, a daily trading volume of $10.50 billion and market value of $115 billion. Over the last 24 hours, XRP has declined by 7.7%, which mirrors larger market trends. Bitcoin’s Roller Coaster Affects Altcoin Market Bitcoin’s recent price move to $81,700 and subsequent sharp pullback has sent ripple effects throughout other cryptocurrencies. The move has sent investors into fear, with pressure on XRP and other alternative digital currencies. Traders are…

Binance Altcoin Crash: A Trading Bot Mishap or Market Manipulation?

Key Notes ACT token crashed a whopping 80% in the past 24 hours alongside other coins on Binance. Traders blamed trading firm Wintermute for causing this slump on altcoins on Binance. Binance said that three VIPs sold a combined $514,000 worth of ACT tokens, causing the crash. Leading crypto exchange Binance came under the crosshairs of the digital asset community when a sudden and drastic price crash hit multiple tokens. Investors were left scrambling as coins like ACT, DEXE, and DF plunged, with ACT dropping almost 57% on April 1st…

Top Analyst Predicts XRP Price Soaring 72,500% amid Altcoin Rout

Key Notes XRP price is facing a drawdown amid a broader market downturn. Despite this current selloff, analysts see a $1,452 price tag, a massive 72,500% rally. Most market experts are divided on the prospect of XRP with some anticipating mild reversals. A major price prediction for XRP XRP $2.10 24h volatility: 2.1% Market cap: $121.82 B Vol. 24h: $3.83 B , the digital asset linked to Ripple, has sparked discussion in the cryptocurrency community. This prediction comes in at a period when the value of most coins is in…

Listing an altcoin traps exchanges on ‘forever hamster wheel’ — River CEO

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When a cryptocurrency exchange lists its first altcoin, it sets itself up for an endless cycle of launching memecoins, warns a Bitcoin-only institution executive. “The minute an exchange adds one non-Bitcoin token, they are signing up to be on the forever hamster wheel of memecoins,” River Financial CEO Alex Leishman said in a March 29 X post. “It makes no sense to list ETH if you don’t list the tokens issued on ETH, and the same goes for Solana,” Leishman said. River has no interest in building a “successful crypto…

Top 2 catalysts for Bitcoin, altcoin prices next week

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Bitcoin and top altcoin prices suffered a harsh reversal toward the end of the week as the crypto fear and greed index remained in the fear zone.  After soaring to $89,000, Bitcoin (BTC) crashed to about $82,000 on Saturday morning. See below. Source: CoinGecko Meanwhile, the market cap of all digital coins fell to $2.73 trillion. This article highlights two potential catalysts for Bitcoin and other altcoins next week. Top altcoins crashed this week | Source: CMC Trump’s reciprocal tariffs Next week, President Donald Trump’s so-called “Liberation Day,” on which…