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Why is the Crypto Market Down Today?

Crypto prices keep crashing, and it seems like there’s no bottom in sight. Here are three reasons why cryptocurrency prices keep falling, as the Cointelegraph listed. Crypto prices keep falling, but why? This year’s market crash has turned most winning portfolios into net losers, and new investors are probably losing hope in Bitcoin (BTC). Investors know […]

Crypto Downtrend Led Investors To Liquidate Over $432 Million

The overall financial market is discouraging this week, the NewsBTC writes. Stocks and cryptos are plummeting as anticipation of the upcoming rate hike grows. The latest CPI for August was a force that pushed the market towards the edge. The figure was higher than expected, increasing fear in the industry. As the Feds prepares to […]

Bitcoin And Ethereum Plunge Brings The Whole Market Down

The Merge hasn’t pushed crypto prices as expected. Instead, the third week of September has kicked off with more reds than greens. The entire market has plunged, and even the overall market cap dropped.  Currently, many crypto assets are losing every hour. Many crypto exchanges are forcefully liquidating leveraged positions. According to Coinglass, the total amount liquidated […]

NFT Market Well-Positioned to Grow 35% Into a $13.6B Industry by 2027

For the next five years, trends tied to the global NFT boom continue to factor in the growing involvement of mainstream influencers, gaming communities and the rising demand for digital artworks, the Cointelegraph predicts. Reflecting the growing interest in the non-fungible token (NFT) space among today’s investors, new research predicts that the existing $3 billion […]

Bitcoin, Ethereum Crash: $100 Billion Wiped in Mere Minutes

Today the cryptocurrency market experienced a sudden crash, with Bitcoin and Ethereum prices falling. Other major coins also saw a significant fall, the NewsBTC reported. Around $100 billion was wiped from the combined value of all cryptocurrencies in just minutes. In the last 24 hours, Bitcoin experienced a 5% decrease. At the same time, the […]

Cryptos and Stocks Dip Ahead of Seasonally Strong May

BTC is lagging equities and gold so far this year, although returns are typically positive in May, the CoinDesk reported on April, 29. Bitcoin (BTC) declined from a high of $40,200 during the New York trading day, tracking losses in stocks. Most alternative cryptocurrencies (altcoins) underperformed bitcoin on Friday, indicating a lower appetite for risk […]

Cardano, Polkadot Advance as Crypto Market Rallies Ahead of Christmas

Thin liquidity leading to the holiday season led to a brief revival of most cryptocurrencies, the CoinDesk reported. A “Santa rally” ahead of Christmas gripped crypto markets on Friday with most large-cap coins showing gains over 24 hours. Bitcoin (BTC), ether (ETH) and binance coin (BNB), three of the largest cryptocurrencies by market value, added […]

Institutional Investors Expect Major Correction in Crypto Market Next Year

Many institutional investors are predicting a major correction in the cryptocurrency market next year, a survey published by Natixis Investment Managers shows. Despite seeing crypto as the top contender for a major correction, institutional investors are increasingly warming up to the asset class. Institutional Investors See Crypto as Top Contender for Major Correction Natixis Investment […]

Analysts Say Bitcoin’s Open Interest Wipeout ‘Will Give Way to Further Upside’

Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities. The weekend is upon us and fear remains the dominant short-term sentiment in the cryptocurrency market. Earlier on Dec. 11, Bitcoin (BTC) price dropped to $47,250, and investors are […]