Key Highlights: Hilbert Group Chief Investment Officer Russell Thompson warned on Nov. 9 that Bitcoin could slide toward $65,000 if critical trend-line support at $71,900 fails. Forced selling triggered by margin calls in strained artificial intelligence and semiconductor portfolios threatens to spill over into liquid digital asset holdings. U.S. spot Bitcoin ETFs experienced heavy redemptions, ...
Key Highlights: NEAR’s market capitalization has tumbled to approximately $4.87 billion, pushing the token to 21st place and out of the top 20 crypto assets. The decline follows an overwhelming 99.9% approval of governance proposal HSP-029, which will reduce maximum annual token issuance from 2.5% to 1.6% over two years. Broader market deleveraging and a ...
Key Highlights: The TD Sequential indicator has flashed buy signals for Bitcoin ($BTC), Hype ($HYPE), and Zcash ($ZEC) after recent corrective pullbacks. Bitcoin dropped approximately 2.80% to around $82,000 following a prior sell signal near $85,000, but technicals now point to an approaching end to the correction. Key support thresholds have been identified across the ...
Key Highlights Analyst Ali Martinez identifies $12 as the most crucial support level determining Chainlink’s ($LINK) near-term price trajectory. Sustained closes below $12 could validate a bearish head and shoulders pattern, risking an initial pullback to $10. The primary target of the technical formation stands at $8.50, representing an estimated 30% drop from the $12 ...
Key Highlights: Analyst Kuiper evaluates Bitcoin’s historical four-year cycle, noting that the prior bottom in November 2022 suggests the next cycle trough could occur around November 2026. LD Capital founder Jack Yi warns that Bitcoin’s recent correction could push prices under $79,000, with $75,000 emerging as the next critical support level. Despite the steep decline ...
Crypto Market Correction Deepens as Bitcoin Slides Below $78K Amid Macroeconomic Pressure The cryptocurrency market is facing renewed selling pressure, with Bitcoin (BTC) failing to sustain its recent recovery and sliding toward the $77,000 level. Over the past 24 hours, BTC has dropped from approximately $78,500 to around $77,225, dragging the broader market down with ...
The rapid ascent of the privacy-centric cryptocurrency Zcash (ZEC) is raising alarms among on-chain analysts, who view the sudden rally as a significant warning sign for Bitcoin (BTC). While spot exchange-traded funds (ETFs) recently drew retail capital into the digital asset space, researchers have flagged critical signs of overheating in the cryptocurrency derivatives market. Historical ...