Bitcoin and Ethereum Try to Recover, SOL Gains Strength
Bitcoin price remained in a negative zone and settled below the USD 40,000 level. BTC even traded below USD 38,800 and tested USD 38,000. It is currently (04:21 UTC) correcting losses above USD 39,000, but the bears migh...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin price remained in a negative zone and settled below the USD 40,000 level. BTC even traded below USD 38,800 and tested USD 38,000. It is currently (04:21 UTC) correcting losses above USD 39,000, but the bears might remain active near USD 40,000.
Similarly, most major altcoins are facing hurdles. ETH declined below the USD 2,650 support level before recovering. XRP is still trading below USD 0.80. ADA tested USD 0.92 before correcting higher....
Read More: Bitcoin and Ethereum Try to Recover, SOL Gains Strength
Why this matters
This altcoin 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
Chart of the Day – Is It Time to Buy Bitcoin?
Veteran technical analyst Dave the Wave posted a Bitcoin chart to X with a characteristically restrained caption: “Yeah baby…” Yea...
Bitcoin flashes 8 capitulation signals, but traders just spent $552 million protecting against another crash
Bitcoin is showing some of the strongest capitulation signals of the current downturn, suggesting the selloff may be entering a la...
Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed
Bitcoin ran from around $64,100 to nearly $70,000 within hours on Aug. 19, once the US Treasury unexpectedly doubled its planned b...
XRP Price Prediction: XRP Reclaims $1 Support as Whale Transfers Jump 280% and Open Interest Rises
The combination has placed the XRP price at an important technical juncture, although the latest data does not yet establish a con...
Ethereum’s 12-GPU proving problem just got a 4-GPU answer
ZisK's new four-GPU benchmark claim has lowered the headline hardware count in Ethereum's real-time proving race. In February, Cry...
How crypto turned a 68-point deficit into a market lead as Bitcoin and top altcoins outrun the Nasdaq
Bitcoin trailed the Nasdaq 100 by 68 percentage points over the past year, and it has spent the last 60 days turning that deficit...