Bitcoin and Ethereum Remain At Risk, EGLD Rallies
Bitcoin price started a fresh decline below USD 58,500. BTC even broke the USD 57,500 support, and it is currently (12:04 PM UTC) consolidating losses. To start a fresh increase, it must clear USD 58,500 and USD 60,000....
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Besides, most major altcoins are struggling to start a recovery wave. ETH traded below USD 4,250, but it is still well above USD 4,050. XRP bulls managed to protect a break below USD 1.00. ADA might attempt a recovery if there is a break above USD 1.88....
Read More: Bitcoin and Ethereum Remain At Risk, EGLD Rallies
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
Bitcoin declines below $65,000 as Trump threatens Iran after tanker attacks send Oil above $100
Bitcoin fell below $65,000 as surging oil prices and higher Treasury yields triggered a broader retreat from risk assets. Data fro...
Ethereum Price Gaining Ground as Its SMA 30D Funding Rate Climbs Highest in Six Months
Ethereum price is approaching a key technical inflection point, trading at $1,880 after slipping about 0.3%, intensifying its bear...
Bitcoin mining giant Poolin files for bankruptcy owing 11,700 users $164 million
Bitcoin mining pool Poolin Technology filed for Chapter 11 with $163.7 million in IOUs owed to wallet users. Its two Texas affilia...
Bitcoin Price Prediction: BTC USD Shrugging Off $800 Billion AI Sell-Off
Bitcoin price is holding up better than many risk assets despite a bearish prediction. BTC is trading near $65,500 after briefly s...
$67M Ethereum Short On Hyperliquid Shows How Institutional Trading Is Moving On-Chain
A large Ethereum short on Hyperliquid is giving the market another glimpse of how serious capital is starting to use decentralized...
Strategy now publishes the Bitcoin return threshold below which it may have to restructure
Strategy’s newly published metric shows Bitcoin could decline at a constant annual rate of 11.34% across the weighted duration of...