Bitcoin, Ethereum, and Major Altcoins Test New Lows, MANA and ATOM Rally
Bitcoin price remained in a bearish zone below the USD 45,000 level. BTC even dived below USD 40,700 and is currently (04:59 UTC) trying to recover above USD 41,200. Similarly, most major altcoins increased their losses...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin price remained in a bearish zone below the USD 45,000 level. BTC even dived below USD 40,700 and is currently (04:59 UTC) trying to recover above USD 41,200.
Similarly, most major altcoins increased their losses this week. ETH dropped to USD 3,130 before moving to USD 3,180 again. XRP broke the USD 0.75 level but is trying to recover now, while ADA moved back above USD 1.20 again.
Total market capitalization
...
Read More: Bitcoin, Ethereum, and Major Altcoins Test New Lows, MANA and ATOM Rally
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Ethereum ETFs Lose $201.9 Million As Bitcoin Funds Return To Inflows
TL;DR: US spot Ethereum ETFs recorded $201.9 million in net outflows on October 6, according to Farside Investors. Bitcoin ETFs mo...
Ethereum Price Prediction: 5% Weekly Drops as Bitmine Plans to Stop ETH Buying
Ethereum latest selloff has put a key support zone and price prediction under pressure. ETH falls to $2,500 after 5% weekly declin...
Ethereum Tests 200 Million Gas Limit On Sepolia As Glamsterdam Moves Forward
TL;DR: Ethereum’s Sepolia testnet is testing a 200 million block gas limit as part of work around the Glamsterdam upgrade. The exp...
Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation
Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMark...
XRP Whales Dominate Exchange Outflows as Bitcoin Shorts Rise on Hyperliquid
The contrasting flows highlight a market where some large investors are moving XRP away from exchanges even as leveraged traders p...
BitMine’s Ethereum buying spree could end in six weeks
BitMine Immersion Technologies Chairman Tom Lee said the company will stop accumulating Ethereum once its holdings reach 5% of the...