Final Dip? Dogecoin Correction Could Precede A Record Surge—Analyst
Popular meme-based cryptocurrency Dogecoin (DOGE) has just seen a dramatic downturn that makes investors wonder about its future course. Driven by market volatility of Bitcoin (BTC), DOGE’s value dropped by around 20% over the past week. DOGE currently trades at $0.2551; its market value is $38.09 billion and its trading volume is $3.42 billion. Whale…
Bitcoin Network Activity Slumps To One-Year Low – Is BTC Overpriced?
According to a recent CryptoQuant Research post, Bitcoin (BTC) network activity has slumped to a 12-month low, with CryptoQuant’s Bitcoin Network Activity Index currently at its lowest level since February 2024. Bitcoin Network Activity Drops As Market Consolidates Data from CryptoQuant’s Bitcoin Network Activity Index shows that activity has declined by 15% from its peak…
Bitcoin to $500,000? Standard Chartered Exec Predicts Massive Surge By 2028
In a recent client note, Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick, predicted that Bitcoin (BTC) could surge to $500,000 by the end of 2028. The executive attributed BTC’s potential extraordinary price rise to two major factors. Factors Propelling BTC Price While 2024 was a landmark year for the world’s largest cryptocurrency –…
Expert Predicts Dogecoin Price Recovery: Targeting New Heights Between $1.5 And $2
The Dogecoin price has recently experienced a notable correction, retracing 34% over the past month to settle at $0.259 as of Tuesday. This marks a substantial decline from its all-time high (ATH) of $0.731, reached in May 2021, putting it currently 64% below that peak. Despite this downturn, many analysts remain optimistic about the market’s…
Bitcoin $100K Breakdown Spells Trouble For Short-Term Investors—Study
The recent price slump in Bitcoin, caused by a turbulent cryptocurrency market, has sent many investors into panic mode, forcing them to offload their BTC holdings at a loss. However, blockchain analytics firm Glassnode noted that a group of Bitcoin investors remained resilient despite the crypto market volatility, saying that long-term holders of the firstborn…
Bitcoin Struggles To Hold $100,000 As China Strikes Back With US Import Tariffs – More Downside For BTC?
Bitcoin (BTC) enjoyed a brief sigh of relief yesterday as the US delayed its proposed 25% trade tariffs on Mexico and Canada by a month. However, the US proceeded with its 10% tariffs on China, prompting retaliatory measures from Beijing. The escalation has pushed BTC back below the critical $100,000 price level. Bitcoin Suffers Amid…
TRUMP Coin Tanks 18%—Even Donald Trump Couldn’t Save It
Remember the TRUMP meme coin that soared to over $5 billion market value immediately after President Donald Trump took his oath? Well, it’s currently on a downtrend. It’s trading slightly above $17, down nearly 18% from its previous day’s close. The token’s latest price action came when President Trump took matters into his own hands…
Bitcoin 4-Hour RSI Hits Oversold Zone – Is A BTC Rebound Near?
Bitcoin (BTC) has had a volatile 24 hours, plunging from $99,500 to as low as $91,231 amid mounting concerns over impending US trade tariffs on Canada, Mexico, and China. However, some crypto analysts see this sharp decline as a buying opportunity, suggesting that BTC may be oversold and poised for a rebound. Is Bitcoin Poised…
USDC Expands At 2021 Levels—What’s Driving The Surge?
Stablecoins, often taking the backseat from Bitcoin and other top cryptocurrencies, are now in the spotlight. According to on-chain data, the stablecoins market has surged to over $200 billion, with Tether’s USDT and USDC as the main growth drivers. Based on CryptoQuant’s data, the stablecoins market increased by $37 billion since the first week of…
Bitcoin Bull Market At Risk If Key $97,000 Support Level Fails To Hold, Analyst Warns
Bitcoin is now retesting the psychological $100,000 price level again after a 2.22% decline in the past 24 hours. Notably, Bitcoin recently rebounded around an order block at $99,200 in the past 24 hours as it continues to trade with intense volatility. Meanwhile, crypto analyst Ali Martinez has pointed to $97,190 as a key support…