Bitcoin’s price continues its downfall ever since the US SEC greenlighted a bunch of ETFs last week, and it dumped to its lowest position since mid-December 2023 of under $41,000.
The landscape with the altcoins is quite similar, and the total crypto market cap has declined by roughly $50 billion overnight.
BTC Dumps Below $41K
Last week was highly volatile as the SEC approved 11 spot BTC ETFs in the middle of it. The bulls...
The price of XRP (XRP) is consolidating above the $0.54 support after falling below the moving average lines recently. Price analysis by Coinidol.com.
Long-term XRP price forecast: bearish
Selling pressure has eased above the $0.54 support as...
This week has gone entirely differently compared to the previous one in terms of price movements, as BTC has failed to produce any major moves for several days straight now.
The altcoins are also untypically calm, with very few notable fluctuations over the past day.
BTC’s Calmness Continues
Last week was highly volatile as the US Securities and Exchange Commission greenlighted 11 spot Bitcoin ETFs on Wednesday. In the days...
The price of TRON (TRX) has returned to its rangebound zone after rising to a high of $0.1175. Price analysis by Coinidol.com.
TRON price long-term forecast: range
The altcoin has lost value over the last three days, falling into a range betw...
The ETF hype seems to be over for the primary cryptocurrency, which continues to display little to no actual price movements and has stalled below $43,000.
Most alternative coins have had slight declines over the past 24 hours, as the market seems to have calmed following last week’s massive volatility.
BTC’s Post-ETF Calmness
Everything and everyone in the crypto industry was focused on the ETF approvals in the US from the...
The price of Polygon (MATIC) is in a downtrend, but is correcting upwards. Price analysis by Coinidol.com.
Long-term forecast for the Polygon price: bearish
The rising correction stopped on November 14, 2023 and ended in a sideways trend belo...
After attempting to breach the critical resistance at $48K, Bitcoin encountered substantial selling pressure, resulting in a notable rejection and a drop to the $41K level.
However, the cryptocurrency currently seems likely to undergo a brief consolidation before embarking on its next significant move.
Technical Analysis
By Shayan
Bitcoin Price Analysis: The Daily Chart
Examining the daily chart, Bitcoin’s attempt to reclai...
Bitcoin has increased slightly over the past 24 hours but is still unable to decisively reclaim the $43,000 level.
The altcoins have also produced untypically low levels of volatility, with SOL jumping by almost 3%, while TRX and LINK have retraced by similar percentages.
BTC Dominance Drops
It was precisely a week ago, when the US SEC’ X account was compromised, and fake posts emerged that the agency had approved all spot ...
The worst-performing cryptocurrencies fall below moving average lines or trend sideways after being rejected at the last high.
Altcoins have lost some of their upside gains. The news magazine brings detailed analysis on some cryptocurrencies....
Bitcoin’s price calmed over the past few days after the ETF-induced volatility during the previous business week but still slipped below $42,000 on Sunday evening.
Most alternative coins have followed suit with minor losses, with SOL continuing to struggle below $100 and ETH declining further to just over $2,500.
BTC Slips Below $42K
The primary cryptocurrency faced massive volatility last week amid the developments on the ...
