Tag: Market

Solana Retests Critical Support Amid Market Pullback – $200 Rally In Danger?

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As the month nears its end, the crypto market turns momentarily red, with Solana (SOL) retesting a crucial support level that could determine its short-term performance. An analyst suggests that holding the current range over the weekend will be key for the long-awaited rally back to $200. Solana Hits Multi-Week Low Amid the crypto market pullback, most cryptocurrencies are recording a red Friday, with Bitcoin (BTC) and Ethereum (ETH) momentarily losing some key levels. Solana, one of the cycle’s leading Altcoins, followed the rest of the market and registered a…

Analysts predict XMR and XYZ could see 3x gains due to strong Bitcoin market correlation

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts forecast XMR and XYZ could triple in value, linked to Bitcoin trends, sparking investor attention and optimism. Analysts forecast that XMR and XYZ could potentially triple in value. This prediction is based on their strong connection to Bitcoin’s current market trends. The possibility of such significant gains has captured the attention of investors and market observers. Could these cryptocurrencies be poised for remarkable growth in the near future?…

Hyperliquid Dominates DEX Market Despite $100M Loss

Key Notes Hyperliquid’s partial liquidation mechanism helps to mitigate market volatility during this high-value trade. HYPE gained 75% over the past month, with its total value locked (TVL) doubling to $1.46 billion. Coinbase announced support for Hyperliquid perpetual futures, with the HYPE-PERP market set to launch on June 5. Decentralized exchange (DEX) Hyperliquid has been in the news, as the platform’s revenue shot up significantly, overtaking the likes of Ethereum ETH $2 621 24h volatility: 3.7% Market cap: $316.37 B Vol. 24h: $23.25 B , Solana SOL $163.8 24h volatility:…

Two Ways This BTC Bull Market is Sturdier Than 2020-21 and 2017

Bitcoin has long been criticized for its high volatility, with bull runs marked by sudden, sharp pullbacks that would qualify as full-blown bear trends in stocks. However, the latest bull market, which kicked off in early 2023, feels different in a positive way, exhibiting relatively low volatility and drawdowns. Volatility in downtrend According to data tracked by Glassnode, bitcoin’s realized volatility on a three-month rolling basis has averaged less than 50% during this bull cycle, significantly lower than the 80% to 100% observed during previous bull runs. The same thing…

Bitcoin Price Today Wobbles, but Bull Market Train Keeps Rolling

Key Notes Whales acquired over 20,000 BTC in just two days, according to Ali Martinez. Institutional demand holds strong as the Coinbase Premium Index remains positive for 20 straight days. On-chain data shows minimal profit-taking, with current selling pressure far below previous market tops. Despite a modest 1.3% drop in price over the last 24 hours, Bitcoin’s BTC $105 113 24h volatility: 2.6% Market cap: $2.09 T Vol. 24h: $42.07 B bull market shows no signs of slowing down. Bitcoin is at $106,147.13, according to CoinMarketCap data, while trading volume…

Can XRP Market Cap Touch $1.5 Trillion? Analyst Reveals The Math Behind It

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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 Egrag Crypto has made a bold prediction that the XRP price can hit a $1.5 trillion market cap. He revealed how the altcoin can achieve this milestone…

Bitcoin back below $108K as the market priced reduction in Fed rate cut odds

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Key points: Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September. Despite potential labor market weakness to come, crypto and risk assets lack an overall bullish catalyst, analysis says. BTC/USD continues to drop toward new multiday lows. Bitcoin (BTC) sold off at the May 28 Wall Street open as markets continued to price out US interest rate cuts. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price retreats with Fed rate cut bets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping below $108,000…

QCP Insights: Market Eyes Bitcoin 2025 Conference as Volatility Remains Elevated

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Bitcoin’s price remains range-bound between $107,000 and $110,000 as traders anticipate potential market-moving announcements from the Bitcoin 2025 Conference in Las Vegas. Elevated short-term volatility suggests caution, with historical precedents prompting defensive positioning. Traders Brace for Impact Ahead of Bitcoin’s Largest Annual Gathering Bitcoin‘s price action has been notably restrained, trading within a tight range […] Original

Real-world assets could revitalize dying NFT lending market: DappRadar

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Real-world assets linking up with non-fungible tokens (NFTs) is one of a few key catalysts that could reignite the waning NFT lending sector, which is suffering from a collapse in volumes and user activity, says blockchain analytics platform DappRadar. Volumes in the NFT lending market, which allows NFT holders to take out a loan against their token, have dropped 97% from a peak of around $1 billion in January 2024 to $50 million in May, DappRadar analyst Sara Gherghelas said in a May 27 report. Gherghelas said for NFT lending…

Dogecoin (DOGE) Holds $0.220 Support as Whale Wallets Grow Amid Market Uncertainty

The cryptocurrency market is navigating choppy waters as geopolitical tensions and trade disputes create headwinds for digital assets. Despite broader market uncertainty, Dogecoin has demonstrated remarkable resilience, recovering from a significant dip to $0.220 and establishing strong support at the $0.222 level with nearly double the average 24-hour trading volume, ccording to CoinDesk Research’s technical analysis data model. This price action has formed a clear higher low pattern, suggesting bullish momentum is building despite macroeconomic challenges. Technical Analysis Highlights DOGE recovered from a significant dip to 0.220 at 01:00 on…