Bitcoin Drops To $107,000 As Ethereum, XRP, Dogecoin Plummet Over 5%
Bitcoin’s decline to $107,000 follows $493 million in liquidations and $290 million ETF outflows amid uncertainty from the unresolved US government shutdown, analysts say.
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6 Articles
Bitcoin Drops To $107,000 As Ethereum, XRP, Dogecoin Plummet Over 5%
Cryptocurrencies are down on Monday as total liquidations reached $493.6 million over the past 24 hours. Spot ETFs saw continued outflows, with Bitcoin funds losing $191.6 million and Ethereum funds $98.2 million on Friday. Red Monday, Green Week? Michael van de Poppe noted that Bitcoin's weekly chart remains strong, with the current consolidation appearing healthy, a green week could pave the way for new all-time highs. Crypto trader Jelle adde…
$126K Isn’t the Top: Analyst Says Bitcoin’s Real Reversal Is Still Far Off
Bitcoin kicked off November with fresh weakness as it slipped toward $107,000, as the market remained on edge about deeper downside tests. Because the market still hasn’t shown any real strength, a growing number of traders now believe that $125,000 marked the official cycle top. But crypto analyst Mr Wall Street is now directly opposing the popular narrative. He argues the exact opposite and explained that the current price behaviour proves tha…
Crypto Bloodbath: Bitcoin and Ethereum Drop Sharply Amid Market Sell-Off - Coin Surges
The post Crypto Bloodbath: Bitcoin and Ethereum Drop Sharply Amid Market Sell-Off appeared first on Coinpedia Fintech News The global crypto market has dropped sharply to $3.5 trillion from $4.28 trillion, marking a 19% fall in just a few days. Despite the steep correction, analysts say November could bring a potential turnaround. Historically, Bitcoin performs well this month, showing an average return of over 40%. Right now, the market is reac…
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