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Crypto

New Lows Below $93K, but Local Bottom Could Be Near, Analysts Say

New Lows Below $93K, but Local Bottom Could Be Near, Analysts Say

1 month ago by Crypto InsightsCrypto

Bitcoin BTC$91,741.15 slumped to a fresh six-month low on Monday, extending its multi-week retreat as crypto sentiment continued to deteriorate. After a slight rebound from overnight lows, BTC — in what’s become a familiar pattern — resumed its decline in the U.S. session, falling to… Read More

Still Hope for Bulls: Crypto Daybook Americas

Still Hope for Bulls: Crypto Daybook Americas

1 month ago by Crypto InsightsCrypto

By Omkar Godbole (All times ET unless indicated otherwise) The cryptocurrency market is in a mixed mood, with some recent outperformers facing pressure while major cryptocurrencies remain resilient. Privacy-focused coins monero XMR$411.93 and zcash ZEC$686.07 fell more than 4% in the last 24 hours, contrasting… Read More

Bitcoin’s Bounce Zone Shattered, Echoes Strategy’s (MSTR) Downtrend

Bitcoin’s Bounce Zone Shattered, Echoes Strategy’s (MSTR) Downtrend

1 month ago by Crypto InsightsCrypto

This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$95,267.61 has gone the “Strategy (MSTR)-way”, falling below a key support to shatter the memory traders had of this level as a reliable bounce zone. The leading cryptocurrency by… Read More

Investment Manager Says Market Views ETH as ‘More Risky’ Than BTC

Investment Manager Says Market Views ETH as ‘More Risky’ Than BTC

1 month ago by Crypto InsightsCrypto

Ether ETH$3,097.40 traded below $3,100 on Sunday during a broader pullback in digital assets. The token was recently near $3,066 at 9:36 p.m. UTC, down 3.4% over the past 24 hours. It briefly fell through the $3,100 level on Bitstamp at about 4 p.m. UTC,… Read More

XRP Falls 4.3% Even After XRPC ETF Launch on Bitcoin Weakness, Finds Buyers Near $2.22

XRP Falls 4.3% Even After XRPC ETF Launch on Bitcoin Weakness, Finds Buyers Near $2.22

1 month ago by Crypto InsightsCrypto

XRP faced intense selling pressure at key support levels before a dramatic, high-volume V-shaped reversal signaled potential exhaustion of downward momentum. News Background The decline unfolded against a backdrop of mixed institutional signals and heightened macro uncertainty. Crypto markets remain trapped in a medium-term downtrend,… Read More

Dogecoin Reclaims Trendline, Shiba Inu Tests Resistance

Dogecoin Reclaims Trendline, Shiba Inu Tests Resistance

1 month ago by Crypto InsightsCrypto

Both major meme-assets traded through high-velocity volatility windows, with Dogecoin rebounding sharply from a heavy-volume flush while Shiba Inu broke key support before staging an aggressive intraday reversal. News Background Broader crypto markets continued their risk-off rotation as sentiment remained pressured by AI-bubble concerns, $800M… Read More

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