Browsing: crypto selloff

The recent Bitcoin price drop has sent shockwaves through the cryptocurrency market as traders try to decipher the catalysts behind this dramatic shift.In just 24 hours, Bitcoin’s value plummeted to around $60,000, resembling the chaos of the 2022 FTX market collapse.

Retail sentiment has declined as a result of the recent cryptocurrency selloff, indicating potential short-term bottoms for Bitcoin, Ethereum, and XRP. Market participants are experiencing negative feelings, which could be a response to volatility in… (via Bpaynews real-time desk)

AVAX price Avalanche’s price has decreased by 3.1% to $16.37, influenced by Bitcoin’s 20% drop from its October peak. This decline is prompting tests of critical support levels in the market. The bearish trend in… (via Bpaynews real-time desk)

Chainlink experienced a 10% decline amid a broader selloff in the cryptocurrency market, coinciding with the announcement of a new rewards program. The recent downturn in Chainlink’s value reflects a trend affecting various cryptocurrencies as…

LINK price Chainlink’s price fell by 3% to $16.60 following the Federal Reserve’s 25 basis point rate cut, which failed to invigorate risk assets in the crypto market. The rate cut, intended to stimulate economic…

Dogecoin is currently trading at $0.18, as comments from Fed Chair Powell have led to a broader selloff in the cryptocurrency market. The price of $DOGE is now testing a critical support level amid an… (via Bpaynews real-time desk)

Arbitrum price Arbitrum’s price has declined by 3.6% to $0.31 as bearish momentum grows during a broader downturn in the…

Bitcoin Cash (BCH) has fallen to $475.60 as a market-wide selloff follows Bitcoin’s significant drop below the $100,000 mark, prompting…

Algorand price Algorand’s price is currently at $0.18, reflecting a broader selloff in the cryptocurrency market following the Federal Reserve’s…

ONDO is currently trading at $0.71, having decreased by 2.2% in the last 24 hours, while testing the critical lower…