Tag: Panic

SUI Crashes 23% As September Unleashes Market Panic

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Este artículo también está disponible en español. With the market at an extremely volatile position, SUI bears pushed their advantage forcing losses on the token’s holders. Despite strong developments on-chain, SUI still flashed red with over a whopping 23% losses since last week.  On-chain, SUI continues to solidify its position in the world of DeFi. However, with the market’s sway on the token, its short-term performance might be clouded by the fear, uncertainty, and doubt present in the market.  Related Reading NFTs And Gaming Fuel Sui Development  DARKTIMES, an MMORPG…

Chainlink: Market Panic Shaves 23% Off LINK Price

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Chainlink suffers losses as the token continues to follow the broader market wave of bearish pressure. According to Coingecko, the token is down 23% in the past 24 hours, representing a significant wipe in value after the price stabilized in the $13 to $14 price range.  The crypto market continues to be influenced by outside forces in the short to medium term, with the anxieties of private equity bleeding into the crypto market turning the correction into an absolute bloodbath.  Related Reading What’s In It for Chainlink? LINK’s niche of…

Bitcoin (BTC), Stocks Bleed as China Surprise Interest-Rate Cut Signals Panic, Treasury Yield Curve Steepens

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“Equity futures are stable after yesterday’s bloody session that shook views across all asset classes,” Ilan Solot, senior global strategist at Marex Solutions, said in a note shared with CoinDesk. “The decision by the PBoC to cut rates in a surprise move only added to the sense of panic.” Marex Solutions, a division of global financial platform Marex, specializes in creating and distributing customized derivatives products and issuing crypto-linked structured products. Original

Crypto Market In Panic As Bitcoin Crash To $57,000 Sends 105,000 Traders To The Slaughter

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The crypto market is in a state of panic with a market-wide crash that has shaken Bitcoin and altcoins. With the Bitcoin price continuing to fall from support after support, tens of thousands of traders have lost their positions, leading to hundreds of millions of dollars in losses in just the last day alone. Crypto Market Liquidations Cross $290 Million In the last 24 hours, the Bitcoin price has been crashing, eventually falling below $57,000 before recovering again. However, the damage has already been done, with long traders suffering the…

Should You Panic Or Buy?

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As Bitcoin dips below the $65,000 mark, currently trading at $64,886, the cryptocurrency market is witnessing a heightened sense of urgency among traders. This recent downturn reflects a broader trend observed over the past week, with Bitcoin shedding approximately 2.4% of its value. The last 24 hours alone saw a further decline of 1%, signaling growing market nervousness. Related Reading Should You Panic? Analysts from the blockchain analytics platform Santiment highlight the ongoing decline phase as a steepest three-day decline in active Bitcoin wallets since the peak earlier in March,…

XRP Holders In Panic Selling Frenzy? Sub-$0.50 Looms

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The price of XRP, the native token of Ripple, seems to be teetering on the edge of a short-term decline, according to an analysis of on-chain data by NewsBTC. While bulls might want to hold their horses, the report paints a picture of a market potentially succumbing to selling pressure in the immediate future. RR Whales Shedding Weight: A Bearish Signal? The report raises a red flag with the movement of XRP in large wallets. Investors holding between 100,000 and 1 million XRP have been noticeably reducing their holdings. This…

Panic Grips Investors As ADA Drops 20%

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As the cryptocurrency market experiences heightened volatility, one digital asset, in particular, finds itself under the microscope: Cardano (ADA). With prices fluctuating and investors on edge, analysts are closely scrutinizing ADA’s movements for signs of stability or further turbulence. Analysis Points To Critical Crossroads For Cardano Recent analysis conducted by Trend Rider, a respected voice in the crypto community, suggests that Cardano’s price has reached a pivotal moment. The digital asset stands at a critical juncture, with its price hovering precariously near a key support zone. Should ADA breach this…

Profit-Taking Panic? Short-Term Bitcoin Holders Sell Off – What’s Next For BTC?

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Recent on-chain data highlighted a significant trend: a wave of profit-taking by investors who have held Bitcoin (BTC) for less than five months. As detailed by CryptoQuant’s latest data, this phenomenon is not just a random market movement but an echo of patterns observed at the zeniths of previous bull markets. Profit-Taking Among Short-Term Bitcoin Holders Signals Market Shift According to CryptoQuant, the Spent Output Profit Ratio (SOPR), a key metric in evaluating the profit and loss of Bitcoin transactions over a specific period, showcases a pronounced uptick indicative of…

Bitcoin Short-Term Holders Panic Capitulate $2.6 Billion In BTC Crash

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On-chain data shows that Bitcoin short-term holders have panic sold $2.6 billion worth of coins in the crash following the new all-time high. Bitcoin Short-Term Holders Have Sent Huge Volume In Loss To Exchanges As analyst James V. Straten explained in a new post on X, Bitcoin short-term holders have shown signs of capitulation during the latest drop in the cryptocurrency’s price. The “short-term holders” (STHs) refer to the BTC investors who bought their coins within the past 155 days. The STHs make up one of the two main divisions…