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news-imageOctober 9, 2024

Price analysis 10/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin's failure to hold $62,000 may trigger another selloff and pull altcoin prices lower.
Publisher: Cointelegraph
Sentiment: Neutral
ADA
AVAX

More News Articles

Positive
cover-imageThe Currency Analytics
November 9, 2024

CME Hits Record $13.15B in Bitcoin Futures Trading

The Chicago Mercantile Exchange (CME), one of the world's largest and most influential financial exchanges, has reached a historic milestone with a record-breaking $13.15 billion in Bitcoin futures trading volume. This surge, marked by Bitcoin futures priced at $76,141, underscores the increasing institutional demand for Bitcoin exposure in the financial markets, particularly in the wake of Donald Trump's re-election.

Neutral
cover-imageThe Currency Analytics
November 9, 2024

Bitcoin Options Expiry: What $3.7B in Contracts Means for Crypto Markets

The cryptocurrency market is gearing up for a major event today as $3.7 billion worth of Bitcoin options contracts are set to expire. This massive expiry, involving about 48,700 Bitcoin options contracts, has traders and investors on edge, as it could trigger price fluctuations in Bitcoin, Ethereum, and other altcoins.

Positive
cover-imageUToday
November 9, 2024

$1.47 Billion XRP in Day: XRP Price Makes Epic Reversal

XRP, the seventh largest cryptocurrency by market cap, has seen an increase in trading volume, hitting $1.47 billion or 2.62 billion XRP, according to CoinMarketCap data. However, though impressive, this represents a mere 7% increase in volume over the last 24 hours.

Positive
cover-imageUToday
November 9, 2024

Ripple Labs in Academia, New Data Shows Diversity

Blockchain payments firm Ripple Labs has made huge headway in its bid to drive educational initiatives in the blockchain space. In 2018, Ripple launched the University Blockchain Research Initiative (UBRI), which has since advanced blockchain education across the globe.

Positive
cover-imageNewsBTC
November 9, 2024

Ethereum Funding Rates Hit Key Bullish Level – Price Surge Ahead?

Following Donald Trump's victory in the US presidential election on November 5, Ethereum (ETH), alongside the general cryptocurrency market, has experienced notable price gains. In particular, the second-largest cryptocurrency has witnessed its value increase by 24.31% in the past four days as it approaches a crucial $3,000 resistance zone.

Negative
cover-imageThe Currency Analytics
November 9, 2024

XRP Struggles to Break $0.55 Barrier Despite Bitcoin's Boost

XRP has faced significant resistance at the $0.55 level over the past six weeks, despite intermittent rallies attempting to push through this barrier. The cryptocurrency has been unable to close above this key resistance point, even as broader market conditions, including Bitcoin's recent all-time highs, have provided a favorable environment for many assets in the crypto market.

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