TradingKey - US August PPI Surges! Expectations of Consecutive Fed Rate Hikes Resurface, Sparking Crypto Bloodbath as BTC Plunges Below $77,000.On September 11, cryptocurrencies extended their losses,
Ethereum (ETH) is down 0.7% on Thursday as the second-largest cryptocurrency looks to recover from earlier pressure following the release of stronger US inflation data.
Bitcoin's exchange-traded funds (ETF) demand regime has notably shifted, with 30-day net inflows reaching $21.9 billion, according to a Thursday post by CryptoQuant.
Cryptocurrency prices are broadly correcting, led by Bitcoin (BTC), which is trading around $77,000 on Thursday, marking four consecutive days of declines. Meanwhile, Gold (XAU) remains sideways, hovering around $4,365, with upside capped below $4,400.
TradingKey - As the leading L1 blockchain in dApp revenue, wallet activity, and high transaction volumes, there are consistently wild forecasts for Solana (SOL). However, one prediction that has stuck
Bitcoin (BTC) remains under pressure, trading below $78,200 at the time of writing on Thursday after declining nearly 3% so far this week.
Ripple (XRP), Solana (SOL), and Cardano (ADA) struggle to extend last month's advance, pointing to moderating buying pressure. The technical outlook for XRP, SOL, and ADA suggests a mild near-term bearish bias as momentum weakens.
Cryptocurrency prices are moderating on Thursday, with Bitcoin (BTC) dropping to test the near-term $78,000 support. Altcoins, including Ethereum (ETH) and Ripple (XRP), are echoing Bitcoin’s cautious sentiment, with ETH retracing to approximately $2,470 and XRP to $1.38.
Pi Network (PI) edges higher on Thursday, extending its stalled recovery phase as buyers struggle to reclaim the $0.10 level. The broader cryptocurrency market's risk-on sentiment is moderating, while social chatter surrounding Pi Network remains muted, weighing on its extended recovery prospects.
Pepe (PEPE) remains under pressure, trading around $0.00000348 at the time of writing on Thursday after being rejected at a key resistance zone. Santiment data shows whale distribution, potentially fueling near-term selling pressure and capping PEPE.
Raydium (RAY) maintains a firm bullish tone, posting nearly 9% gains on Thursday and extending its 41% rally from Sunday. Solana-based Decentralized Exchange (DEX) is witnessing a surge in network activity and growth amid new token launches.
Pump.fun (PUMP) announced the launch of Custom Pairs, allowing users to create tokens paired with tokenized stocks, major cryptocurrencies, metals and other assets.
Bitcoin (BTC) trades below $78,000 on Thursday, maintaining a near-term corrective tone amid hawkish macroeconomic factors.
TradingKey - As the biggest altcoin, there are always a lot of predictions about Ethereum price. Cathie Wood has put up an Ethereum $180,000 valuation by 2030 forecast. And because most of these predi
Bitcoin (BTC) has continued to recover from its mid-year weakness, outperforming major traditional assets over the past month, amid strong resistance around the $83,000 to $86,000 range.
Ethereum (ETH) holds steady near $2,500 on Wednesday amid weakness in derivatives and mild buying dominance in spot markets.
Ripple (XRP) ticks higher, trading at $1.42 on Wednesday while building on a recently confirmed support range between $1.30 and $1.35. The token also sits above major moving averages, reinforcing the bullish outlook.
Bitcoin (BTC) rebounds slightly, trading above $79,000 at the time of writing on Wednesday, having fallen over 2.4% over the previous two days.
Bitcoin (BTC) is trending higher alongside other major cryptocurrencies on Wednesday. Ethereum (ETH) has reclaimed $2,500 as short-term support, raising the odds that the uptrend will gain momentum.
DeFi Development Corp. (DFDV) has launched CHAD, a variable-rate perpetual preferred stock backed by the company’s Solana (SOL) treasury strategy.
Pi Network (PI) extends its recovery on Wednesday, trading above $0.098 after finding support around the 50-day Exponential Moving Average (EMA) earlier this week.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are trading with a broadly constructive tone on Wednesday despite BTC's mild pullback over the past two days.
Bitcoin’s (BTC) sensitivity to US economic data has become increasingly evident this year. As the market approaches several important data dumps this week, BTC traders are keenly aware of the significance just like their counterparts in TradFi.
Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) has continued its weekly acquisition of the top altcoin.
Bitcoin (BTC) is correcting lower for the second consecutive day, trading near $78,000 on Tuesday. The largest cryptocurrency by market capitalization also holds above major moving averages, reinforcing a broader bullish outlook despite the pullback from last week's peak near $82,300.
Ripple (XRP), Cardano (ADA), and Solana (SOL) maintain a consolidative tone, struggling to sustain their upside momentum. The technical outlook for XRP, ADA, and SOL suggests downside risk as altcoins struggle to advance their August gains.
Bitcoin (BTC) remains in a short-term corrective trend, edging lower toward $78,000 on Tuesday. The largest cryptocurrency by market capitalization broadly corrected following last week’s breakout toward $81,500.
Bitcoin (BTC) extends its pullback, trading below $78,900 at the time of writing on Tuesday after a 1.53% loss the previous day. Analysts suggest that the Crypto King’s outlook remains constructive but not yet conclusive, keeping Friday's US inflation data in focus.
Pi Network (PI) price is up nearly 2% on Tuesday, advancing its modest 5% gains from the previous day. Retail demand holds firms, with steady positional buildup in PI futures. The technical outlook for PI shows near-term upside bias, with bulls targeting a confirmed breakout above $0.0971.
Shiba Inu (SHIB) stalls above $0.00000500 on Tuesday, following two consecutive bullish months as upside momentum eases. Volatile investors' interest in the meme coin amid rising supply on exchanges warns of profit-taking despite consistent token burns.