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news-imageOctober 2, 2024

Price analysis 10/2: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Altcoin prices crumbled as Bitcoin fell to $60,000, but charts suggest buyers could step in soon.
Publisher: Cointelegraph
Sentiment: Neutral
ADA
AVAX

More News Articles

Neutral
cover-imageNewsBTC
December 21, 2024

Bitcoin Market Leverage and Coinbase Premium: What Recent Data Reveals

As Bitcoin currently faces a downturn and now seeing a recovery suggesting a preparation for its next bull run, market participants appears to be analyzing trends in exchange leverage and liquidity. Particularly, CryptoQuant has pointed out that leverage ratios on centralized exchanges have become a focal point, offering insights into the potential risks and opportunities shaping the crypto market.

Positive
cover-imageThe Currency Analytics
December 21, 2024

XRP Set for $251 Rally After 5.5-Year Breakout

XRP, the native cryptocurrency of the Ripple network, has recently broken out of a prolonged 5.5-year consolidation phase, generating optimism in the market about its potential for substantial upward movement. After a strong rally in November, where XRP surged by 283%, the digital asset has faced some challenges, retreating from its high of $2.9 reached on December 3, 2024.

Negative
cover-imageNewsBTC
December 21, 2024

Spot Bitcoin ETFs Bleed: 6,700 BTC Exit Amidst Largest Outflow In Months

Amid a wider readjusting of market expectations for interest rate cuts by the Federal Reserve (Fed) for 2025, investors withdrew a record $680 million from Bitcoin ETFs on Thursday, the highest outflow in a single day since January's approval of these investment funds. Grayscale And Bitwise Bitcoin ETFs Experience 8% Decline As Bitcoin ETFs faced this outflow, the price declined, dropping another 5% to trade around $97,400 to close the week.

Neutral
cover-imageUToday
December 21, 2024

182 Million XRP in 24 Hours, Here's What Happened

Popular blockchain tracking platform Whale Alert, which monitors large cryptocurrency transfers, has spotted several impressive crypto transactions that carried close to 190 million XRP. Two-thirds of this amount of coins were shoveled between anonymous wallets.

Negative
cover-imageThe Currency Analytics
December 21, 2024

Bitcoin Dips 7%, $1.17B Lost in Crypto Bloodbath

The crypto market is reeling from a massive sell-off as Bitcoin and other major cryptocurrencies experience significant losses. Over the past 24 hours, a total of 361,972 traders were liquidated, leading to over $1.17 billion in losses.

Positive
cover-imageCointribune
December 21, 2024

Explosion Of Stablecoins: Ethereum's Layer 2 Breaks All Records

The crypto market continues to show signs of growth and adoption, particularly with the significant increase in demand for stablecoins on Ethereum's layer 2 networks. According to a recent report, Ethereum's layer 2 networks now hold over 13.5 billion dollars in stablecoins, a new historical record.

Positive
cover-imageNewsBTC
December 21, 2024

XRP Could Be The Altcoin To Recover Quickly, CryptoQuant Analyst Explains Why

XRP has crashed alongside the rest of the cryptocurrency market, but this analyst thinks the asset could be the one to find a quick recovery. XRP Has Been The Top Traded Altcoin On Binance This Month In a new CryptoQuant Quicktake post, community analyst Maartunn has talked about how the altcoins currently compare against each other based on their monthly Binance futures trading volumes.

Neutral
cover-imageCointribune
December 21, 2024

Bitcoin Drops, But Forecasts Predict $118,000 Before 2025

The world of cryptocurrencies is in turmoil as mentions of "Buy the Dip" on social media reach their highest level in eight months. According to recent data, this trend was observed after the price of BTC fell below the psychological threshold of $100,000 on December 19, 2024.

Positive
cover-imageCoingape
December 21, 2024

XRP News: Ripple Whales' Massive Buying Hints At Rally To $3

XRP News: The Ripple whales have continued to bag more coins amid the recent market crash, indicating a bullish momentum ahead of the crypto. Besides, the recent performance of XRP, as well as the broader crypto market, also signals that investors are once again entering the market after a recent pause.

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