TRON’s market momentum has eased after a recent rally that pushed its price above $0.365, with the asset now trading at $0.355, representing a 1.76% drop over the past 24 hours. This consolidation follows a steady climb in recent weeks that saw the network’s transaction activity and derivatives data draw increased analyst attention. According to CryptoQuant contributor Burak Kesmeci, the current TRX futures market remains in a neutral position, suggesting that the asset may still have room to advance before approaching a local top. Related Reading Futures Market Indicators and…
Tag: Rally
BTC Slips Below $120K as Policy Shifts Rattle Markets: Is This a Setup for the Next Big Rally?
Bitcoin’s record-breaking rally hit a pause this week as shifting U.S. policy signals triggered a sharp pullback. After surging to an all-time high of $124,457 on August 13, BTC plunged as low as $117,477 on Friday morning before stabilizing around $119,000. The 5% drop followed U.S. Treasury Secretary Scott Bessent’s comments ruling out additional government Bitcoin purchases for strategic reserves, sparking $1 billion in leveraged liquidations. Despite the correction, on-chain data suggests the market may be setting up for another leg higher. Exchange netflows have dipped to levels historically seen…
Hackers Are Selling the Rally
Ether’s (ETH) recent rally to $4,780 has delivered a wealth of profits to several high-profile hackers, who have capitalized on the surge by offloading their ill-gotten gains. In three separate case, on-chain data, revealed by X account EmberCN, shows hackers strategically liquidated their ETH holdings for tens of millions in profit. The Radiant Capital exploiter, who the protocol alleges is a North Korean entity, drained around $53 million in assets from the DeFi protocol last October. They converted much of their haul into 21,957 ETH at roughly $2,414 per coin,…
Bitcoin Price Slides 4% After Strong Rally – Correction or Pause?
Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave. Bitcoin started a downside correction from the $124,000 zone. The price is trading below $122,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $120,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Dips Sharply Bitcoin price traded…
Experts: Bitcoin’s Rally Fueled by ETF Demand, Weak Dollar, and Rate Cut Hopes
After bitcoin surpassed $124,000, some analysts suggest that the cryptocurrency may be entering a rapid growth phase, with potential price targets between $131,000 and $177,000. Record-Breaking Rally and Market Capitulation On Aug. 13, bitcoin (BTC) broke past the $124,000 mark to set a new all-time high and pushed the crypto economy’s total market capitalization to […] Original
Dogecoin Shorts In Trouble? This Retest Could Ignite Multi-Level Rally
Dogecoin’s bullish momentum is putting short positions under pressure as the price eyes a crucial $0.27 retest. A successful breakout above this level could spark a powerful multi-stage rally, opening the door to higher targets and renewed market excitement. DOGE/USDT Clears $0.2533 Resistance With Conviction GemXBT, in a recent update on X, highlighted that DOGE/USDT is showing a bullish trend after breaking above the key resistance level at $0.2533 with strong upward momentum. This breakout signals renewed buying pressure, as the price pushes beyond a level that had capped recent…
Shiba Inu Exchange Supply Drop Hints SHIB Price Rally Ahead
Key Notes SHIB price broke out of a symmetrical triangle after a 10% weekly gain, signaling potential bullish momentum. Exchange balances dropped nearly 1% in two weeks, reducing selling pressure. Rising Spent Coins Age Bands suggest possible profit-taking and risk of a price correction. After a 10% weekly upside, the Shiba Inu SHIB $0.000013 24h volatility: 4.2% Market cap: $7.75 B Vol. 24h: $412.98 M price rally has stalled. However, the falling SHIB exchange supply could serve as a catalyst moving forward. SHIB has been an underperformer in the recent…
Bitcoin Volatility Strikes as Hot PPI Data Spurs Dollar Rally
Bitcoin experienced sharp volatility, dropping to $117,719 before recovering above $118,000, following a surprisingly hot U.S. inflation report. Bitcoin Tumbles Then Rebounds The U.S. Producer Price Index (PPI), a key inflation indicator measuring wholesale goods prices, surged 0.9% for the month, significantly exceeding the forecasted 0.2% increase. This marked a sharp acceleration from the prior […] Original
99% of Bitcoin Supply in Profit: Is This the Final Parabolic Rally?
Key Notes An astonishing 99% of Bitcoin’s circulating supply is now in profit. BTC briefly flipped Google (Alphabet), becoming the world’s fifth-largest asset. Analysts eye the $126K price level as the “make-it- or break-it” level for BTC. Bitcoin BTC $120 854 24h volatility: 0.2% Market cap: $2.41 T Vol. 24h: $68.38 B has pushed into uncharted territory this week, with nearly the entire circulating supply now in profit. With the Fear and Greed Index showing massive elevation in buyer demand, investors question if this is the final stage of the…
BNB Price Breaks ATH at $864 on Massive 15% Rally
Key Notes BNB price has hit a new all-time high (ATH) following a 15% WTD rally to hit $864. This new price level reflects increased interest and engagement from institutional investors. Beyond BNB, Token6900 is also making waves in the broader crypto market. Certain catalysts may have triggered a bull run for Binance Coin (BNB). The digital asset has hit a new all-time high (ATH) with a 15% rally in 7 days to hit $864. This growth trend reflects increased interest and engagement from institutional investors. Institutional Adoption Drives BNB…