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…
Tag: Altcoin
‘Shock’ Fed warning risks crashing Bitcoin, altcoin prices
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?
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
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
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…
Waiting For An Altcoin Season? Analyst Says A Weekly Close Above This Level Would Trigger A Rally
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. The crypto market is still trying to recover from its crash in early March, and sentiment is currently fluctuating. Although the Fear & Greed Index is still in the…
Trump’s Liberation Day could lift Bitcoin and altcoin prices
Cryptocurrency prices retreated slightly on March 27 after Donald Trump’s Liberation Day came early for global automakers. Bitcoin (BTC) fell below $86,000, while the total crypto market capitalization tracked by CoinMarketCap declined by 1.67% to $2.83 trillion. Meanwhile, the crypto fear and greed index remained in the fear zone at 38. The pullback in digital assets mirrored losses in traditional markets, with futures tracking the Dow Jones, Nasdaq 100, and S&P 500 all down by over 0.70%. The main catalyst for the downturn was Trump’s decision to impose broad tariffs…
Ethereum Altcoin Explodes 68% After Korea’s Second-Biggest Crypto Exchange Announces Trading Support
An Ethereum (ETH)-based altcoin is skyrocketing after gaining support from South Korea’s second-largest crypto exchange. In a new announcement, crypto trading platform Bithumb says that it is now supporting the interoperable cross-chain bridge Across Protocol (ACX), triggering rallies for the digital asset. News of the event caused ACX to surge, as it went from a March 21st low of $0.275 to a peak of $0.462 just a few hours later, a rise of nearly 68%. It has since retraced and is trading for $0.319 at time of writing, a 10%…