Crypto analyst DonAlt has brought attention to a scenario where the price of Bitcoin could potentially drop to the mid-$40,000 range. He suggests that this price breakdown might be necessary for the continuation of Bitcoin’s bull run. In his analysis, DonAlt mentioned that Bitcoin had fallen back to around $60,000 and could face a potential
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Ethereum (ETH), the second-largest crypto token by market cap, has finally shown signs of life with a price rise to $3,300 over the weekend. This movement is believed to mark the beginning of a trend reversal for Ethereum, as several bullish signals have appeared on its chart. According to crypto analyst Derek, the signals on
The recent analysis by Santiment reveals a significant drop in transaction fees for Ethereum, with the average cost reaching as low as $1.12. This marks the lowest daily average cost since October 18th, 2023. The correlation between transaction fees and market sentiment has sparked discussions within the crypto community, highlighting the impact of investor confidence
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Bitcoin has recently seen a significant drop in value, falling more than 15% from its mid-March peak and hitting a ten-day low of under $62,000. Analysts have been quick to point out that the Bitcoin halving has concluded, yet the cryptocurrency continues to print red candles. This has raised concerns among investors who are unsure
After the recent halving event, Bitcoin experienced a dip to $62,500, causing concern among traders. While the price briefly surged above $67,000, it has since been fluctuating in the $63,000-$64,000 range and currently sits at $62,000. The market saw over $100 million in liquidations due to this downturn. Despite this, analysts are hopeful for a
Yuga Labs, a prominent player in the crypto space, rose to fame in early 2021 with the launch of its popular Bored Ape Yacht Club NFT project on Ethereum. The company soared to a peak valuation of $4 billion during a $450 million funding round in 2022. However, recent developments have cast a shadow over