Bitcoin tumbled to $83,544 on Friday, a low catalyzed by upheavals in financial markets amid Trump’s proposed tariffs on pharmaceutical companies. Concurrently, March’s consumer sentiment data illuminated the loftiest projections for long-term inflation in over three decades. Wall Street Wipeout Hits Bitcoin: Crypto Economy Tumbles 4.14% as Global Markets Recoil from Trump’s Tariff Blitz Cryptocurrency […] Original
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. Ethereum has once again fallen below the $2,000 mark, a psychological level it had briefly reclaimed earlier this week. The market-wide correction over the past 24 hours has weighed…
After a positive start to the week, Bitcoin price reverted to negative returns after BTC (BTC) dropped 3.5% to an intraday low of $84,120 on March 28. The price rejection occurred at the cusp of the descending trendline (black) and the upper range of the ascending channel pattern. Bitcoin 1-day chart. Source: Cointelegraph/TradingView On the daily chart, BTC is currently below the 200-day exponential moving average (EMA) again, and a potential close below the key indicator might trigger further downside. Global liquidity expansion could help Bitcoin price Recent analysis…
Key Notes TUT jumped 150% after being listed on Binance through its “Vote to List” campaign. Bitget also announced Season 2 of its Early Hunter Airdrop, featuring TUT. TUT broke out of a consolidation pattern, forming a potential double-bottom reversal . Tutorial ($TUT), a meme coin on the BNB Chain, has become one of today’s top-performing altcoins, rising by a staggering 150%. The token jumped from $0.016 to an intraday high of $0.056 before retracing to around $0.037 at the time of writing. The parabolic rally was driven by mounting…
Key Notes Data from CryptoQuant indicates that Bitcoin whales are reducing leverage which is a bearish indicator. Bitcoin faced rejection at $89,000 and is currently trading near $84,986 ahead of the US PCE data release. Bitcoin options expiry of 139,000 contracts and declining implied volatility will further weigh on the price action ahead . Facing a strong rejection at $89,000, Bitcoin’s (BTC) price has already staged some reversal ahead of US PCE data release on Friday. As of press time, BTC is down 1.76%, trading at $84,986, with daily trading…
Bitcoin (BTC) sought a local bottom on March 28 while US inflation data came in higher than expected. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin wobbles as PCE comes in hot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $85,500 at the Wall Street open before reversing. Down over 3% on the day, the pair saw lows under $84,500 on Bitstamp, marking its lowest levels since March 23. The February print of the US Personal Consumption Expenditures (PCE) Index subsequently showed inflation quickening — in contrast to the…
Bitcoin’s price is currently at $85,288, with a market cap of $1.69 trillion and a 24-hour global trade volume of $30.19 billion. Throughout the past day, bitcoin has traded within a range of $84,784 to $87,723, reflecting a volatile market. Technical indicators across multiple timeframes suggest a prevailing bearish sentiment, with key oscillators and moving […] Original
The XRP (XRP) market is flashing warning signs as a bearish technical pattern emerges on its weekly chart, coinciding with macroeconomic pressures from anticipated US tariffs in April. XRP descending triangle pattern hints at 40% drop Since its late 2024 rally, the XRP price chart has been forming a potential triangle pattern on its weekly chart, characterized by a flat support level mixed with a downward-sloping resistance line. A descending triangle pattern forming after a strong uptrend is seen as a bearish reversal indicator. As a rule, the setup resolves…
Key Notes According to crypto market analyst Ali Martinez, the $125 level is a key support for the SOL token. Losing $125 puts the SOL token on a bearish path towards $105 and sub-$100 levels. If SOL reclaims the 20-day EMA and pushes above $160, the altcoin could hit $200 again . Like its peer XRP, Solana (SOL), the sixth-largest digital asset, is facing a “make it or break it” moment as technical indicators suggest a potential price crash of 16%, even as social media optimism around the asset reaches…
Uniswap (UNI) has slipped below the crucial $6.7 support level, raising concerns about a potential extended downturn. This breakdown comes amid increasing selling pressure, signaling that the bulls may be losing their grip on the market. With volatility rising and market uncertainty growing, the next few trading sessions will be crucial in determining whether UNI can bounce back or if a prolonged downtrend is on the horizon. Will the bulls reclaim lost ground, or is UNI heading for even lower levels? Price Action and Technical Indicators Flash Warning Signs UNI’s…