Bitcoin briefly tested the $100,000 level before rebounding, as ETF outflows and macro uncertainty pressured risk assets. Despite short-term turbulence, macro conditions remain broadly supportive if policy clarity returns and ETF flows stabilize. Macro Clouds Persist as Bitcoin Bounces Off $100K Bitcoin’s sharp retreat this week underscored a shift in risk sentiment as the world’s […] Original
Despite a slight recovery in cryptocurrency prices on Wednesday, experts remain divided on the future direction of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The market is at a crossroads, with some analysts anticipating a deeper correction, while others see the potential for a renewed recovery. iShares Bitcoin Trust ETF Hits 52-Week Low According to a report from Barron’s, all three cryptocurrencies have attracted attention from major exchange-traded fund (ETF) issuers and President Trump’s administration, spurring hopes that increased institutional adoption could help stabilize volatility. Related Reading The iShares Bitcoin…
The mixed ruling was claimed as a victory by both Stability AI and Getty Images, muddying the legal waters around AI and intellectual property. The United Kingdom’s High Court of Justice issued a mixed ruling on Tuesday in the Getty Images v. Stability AI intellectual property case filed in 2023, which mostly favored Stability AI but left key questions unanswered about AI’s use of copyrighted material. Getty owns a library of copyrighted online stock images — which it licenses to users for a fee — and alleged that Stability’s Stable…
The crypto market is weary after relentless waves of sell pressure on Tuesday. Several assets have now settled as they begin to establish levels of support, although if the U.S. dollar continues to show strength it could signal a period of prolonged downside. Bitcoin BTC$102,019.12 rose about 1% since midnight UTC after two days of declines that saw it drop to the lowest price since June at one point. Ether ETH$3,338.16, which slid as much as than 20% over the 48 hours — the steepest drop in three months —…
On Tuesday, the Ethereum price fell by 8%, following the overall correction in the cryptocurrency market and even outperforming Bitcoin’s (BTC) dip. This has sparked concerns as ETH nears important support levels, putting its $3,000 mark at danger. October Events Lead To Significant Corrections Ram Ahluwalia, the chief investment officer at Lumida Wealth, recently noted that the roots of this latest crypto sell-off can be traced back to the Federal Reserve’s (Fed) October meeting. Related Reading On October 29, the central bank announced its second interest-rate cut of the year.…
Key takeaways: The spot Solana ETFs start strong by drawing over $400 million in weekly inflows. SOL broke its 211-day uptrend, slipping below key moving averages. Failure to hold $155 could send SOL price into the $120–$100 range. Spot Solana (SOL) exchange-traded funds (ETFs) start their trading journey with strength, posting record positive inflows that underscored institutional demand for the network’s native asset. On Monday, spot SOL ETFs recorded a daily high of $70 million in inflows, the strongest since launch, taking the total spot ETF inflows to $269 million…
CryptoX – Cryptocurrency Analysis and News Portal Crypto prices today are in the red, with major assets slipping below key support levels as fear swept through both digital and traditional markets. The total crypto market value has declined by 1.7% in the past 24 hours, now at… Source The post Crypto prices today (Nov. 4): BTC, ETH, XRP, BNB dip below key levels amid extreme fear appeared first on CryptoX. CryptoX Portal
As the new month began, the Bitcoin price opened on a downward trend, slipping below its consolidation range amid rising uncertainty and bearish sentiment in the market. Nevertheless, analysts are identifying a collection of indicators suggesting that a bullish resurgence for the cryptocurrency could be on the horizon. What’s Fueling BTC’s Potential Surge This November? According to experts at The Bull Theory, November is poised to be the most bullish month of the year for Bitcoin, and the supporting numbers are quite compelling. Historically, November has been one of the…
Solana (SOL) is presently priced around $186, after a rather turbulent display in the past week. While the leading altcoin notably showed a significantly volatile price action, bearish sentiments reigned supreme, resulting in a net 4.37% loss. Interestingly, popular expert Ali Martinez has highlighted a critical price level for Solana investors’ attention amid the current market uncertainty. To Fly Or Crash? Solana Future Rests On Key Price Point In a recent X post, Martinez dives into the present Solana market structure, highlighting several potential developments tied to the $180 price…
On-chain data shows Bitcoin is currently retesting a historically significant level that has often decided the course of the cryptocurrency’s price. Bitcoin Is Retesting The 0.85 Supply Quantile In a new post on X, on-chain analytics firm Glassnode has talked about how Bitcoin is retesting a level that has historically been a “make-or-break” one for the asset. Related Reading The level in question is part of Glassnode’s “Supply Quantiles Cost Basis Model.” The model reflects price levels corresponding to important investor profitability thresholds. Below is the chart shared by the…