Just after 8 a.m., bitcoin traded between $111,760 and $112,091 in the last hour as volatility remained contained despite bearish signals across multiple timeframes. The asset’s market capitalization stood at $2.23 trillion with a 24-hour trading volume of $68.04 billion and an intraday price range of $109,862 to $112,576. Bitcoin The broader technical landscape for […] Original
Bitcoin prices are consolidating around $111,000 following the heavy market losses on October 10, due to a trade war between the US and China. The asset’s price is presently down by 9.45% on its weekly chart and also 12.16% away from its all-time high amidst this corrective phase. Bitcoin Logs First Negative Apparent Demand Flip Since July In an X post on October 11, popular market analyst Ali Martinez shares on-chain data that shows that Bitcoin’s apparent demand has recently flipped into negative territory for the first time in three…
The Ethereum price has struggled to mount any significant bullish pressure since hitting the all-time high of $4,946 in August. The bullish momentum of the second-largest cryptocurrency has mostly waxed and waned, reaching the $4,750 high twice in the past few weeks. After running up to this local peak on Tuesday, October 7, the Ethereum price has been on a steady descent in recent days. This bearish pressure intensified on the close of the week, with the ETH price falling towards $3,700 due to United States President Donald Trump’s tariff…
The Dogecoin price has reached a key point on the charts, tapping into the Imbalance Zone (IMB) around $0.24. This area now stands as a potential pivot point that could determine whether the popular meme coin rebounds toward $0.27 or continues its decline. Analysts are watching the zone closely, suggesting it could be a make-or-break moment for Dogecoin’s short-term structure. Dogecoin Price Holds IMB Zone As Bulls Eye $0.27 Crypto analyst ‘Blockchain Baller’ disclosed on X social media on Thursday that Dogecoin has “tapped the IMB zone after a clean…
Key Notes BlackRock’s $80 million ETH sell-off accelerated Ethereum’s 14% price drop amid market-wide liquidations. ETF data shows investors rotated from ETH to BTC, but on-chain staking deposits surged by $114 million. Staking activity hints at long-term conviction, supporting Ethereum’s rapid rebound above $3.800. Ethereum price fell 14% to $3,800 on Saturday, October 11, doubling Bitcoin’s 7% losses as ETF trading data revealed that BlackRock led Ethereum sell-offs with $80.2 million in net withdrawals on Friday while simultaneously adding more BTC. The sell pressure coincided with turbulent market reactions to…
Key Notes Zcash price surged 30% to a four-year high amid a $19 billion crypto market crash. Roger Ver’s $48 million DOJ settlement fueled optimism about easing U.S. crypto enforcement. Rising US-China trade tensions under Trump renewed demand for politically neutral, privacy-focused cryptocurrencies like ZEC. Zcash (ZEC) price surged by 30% on Saturday, October 11, hitting a four-year high of $284, even as the broader crypto market erased more than $19 billion in derivatives positions within 24 hours. While Bitcoin and Ethereum plunged below key technical supports, Zcash emerged as…
Key Notes BNB price fell 9.6% but held above $1.000, on Saturday, outperforming rival large-cap cryptocurrencies. Data shows traders favored BNB and BTC in “flight-to-safety” trades amid $19 billion in liquidations. The exchange token sector proved more resilient, declining only 5.4% versus the 9% global crypto market drop. BNB price held above $1,130 on Saturday, October 11, declining 9.6% in line with the broader market crash that wiped out $19 billion from the global crypto liquidation in 24 hours. Yet, key market data shows BNB displayed stronger resilience and remains…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
The Bitcoin price has experienced a notable decline of 6% from its all-time highs, leading to significant liquidation events that approached $200 million on Friday, while sparking renewed speculation about the cryptocurrency’s future trajectory. Analysts from The Bull Theory attribute the current slump to geopolitical developments, specifically President Donald Trump’s announcement of substantial tariffs and export controls on Chinese goods, particularly affecting key industrial and strategic materials. How Tariff Risks Are Impacting The Bitcoin Price The implications of these tariffs, according to the analysts, are multifaceted, introducing risks that could…
Key Notes XRP trading volumes shot up 354% above the 30-day average, signaling a potential completion of the liquidity flush. On-chain data shows wallets holding over 1 billion XRP increased their holdings from 23.98 billion to 25.02 billion. XRP is showing its second-longest capitulation wick in history, similar to 2017 before a major rally. Amid the broader crypto market crash, Ripple’s native crypto XRP has corrected 13% and is currently trading at $2.44. However, the intraday chart shows that XRP took a dive to the lows of $1.5, before recovering…