profit-taking

Latest profit-taking news, price updates, and AI-powered insights from bpaynews.com. Stay informed on global crypto trends.

Bitcoin Tests Critical 1K Support Amid Profit-Taking Pressure

Bitcoin Tests Critical $111K Support Amid Profit-Taking Pressure

Latest News / / / , , , ,

Bitcoin is currently trading at $111,005.84, reflecting a decline of 1.6% as traders engage in profit-taking after last week’s drop of 7.29%. This trend has led to a cautious market atmosphere. Technical indicators suggest that Bitcoin may be experiencing an oversold condition, which could lead to a potential bounce in prices. The Relative Strength Index […]

Bitcoin Tests Critical $111K Support Amid Profit-Taking Pressure Read More »

Bitcoin Tests Critical 1K Support Amid Profit-Taking Pressure

Bitcoin Tests Critical $111K Support Amid Profit-Taking Pressure

Latest News / / / , , , ,

Bitcoin is trading at $111,005.84, reflecting a 1.6% decrease as traders engage in profit-taking after a 7.29% decline last week. Technical indicators suggest a potential oversold bounce. As profit-taking continues, market sentiment appears cautious, prompting traders to reassess their positions. The Relative Strength Index (RSI) has reached a neutral zone, indicating a balance between buying

Bitcoin Tests Critical $111K Support Amid Profit-Taking Pressure Read More »

Abraxas Capital Achieves Nearly 0 Million Profit in One Day

Abraxas Capital Achieves Nearly $200 Million Profit in One Day

Latest News / / / , , , ,

Abraxas Capital has successfully liquidated its positions across several assets, resulting in significant profit-taking that has amounted to nearly $200 million in just one day. This remarkable achievement underscores Abraxas Capital’s strategic decision-making and ability to capitalize on market opportunities. The company’s action reflects a proactive approach to asset management, allowing it to realize gains

Abraxas Capital Achieves Nearly $200 Million Profit in One Day Read More »

Dogecoin Faces Rejection at alt=

Dogecoin Faces Rejection at $0.26, Experiences 2% Decline Due to Profit-Taking

Latest News / / / , , , ,

Recently, Dogecoin experienced a notable rejection at the $0.26 price point, resulting in a 2% decline in value. This downturn can largely be attributed to profit-taking activities among investors. As many traders look to capitalize on their gains, this has led to a downward pressure on the cryptocurrency’s price. The rejection at this key level

Dogecoin Faces Rejection at $0.26, Experiences 2% Decline Due to Profit-Taking Read More »

Bitcoin Reaches New All-Time High Before Retracing from Profit Taking

Latest News / / / , , , ,

Bitcoin has recently achieved a remarkable milestone by hitting a new all-time high. This significant surge in value has captured the attention of investors and market analysts alike. However, shortly after reaching this peak, the cryptocurrency experienced a retracement. This decline can be attributed to profit-taking activities among traders who sought to capitalize on the

Bitcoin Reaches New All-Time High Before Retracing from Profit Taking Read More »

Profit-Taking Seen in XRP, DOGE, and SOL as Bitcoin Eyes New Highs

Profit-Taking Seen in XRP, DOGE, and SOL as Bitcoin Eyes New Highs

Latest News / / / , , , ,

Recent market activity has shown that cryptocurrencies such as XRP, DOGE, and SOL are experiencing profit-taking among investors. This trend indicates a shift as traders look to secure their gains. Meanwhile, Bitcoin is approaching a potential new high, which raises speculation about whether it could rise even further. The dynamics in the market highlight how

Profit-Taking Seen in XRP, DOGE, and SOL as Bitcoin Eyes New Highs Read More »

Whale Deposits 1000 $ETH into CEX After Accumulating 4652 $ETH

Whale Deposits 1000 $ETH into CEX After Accumulating 4652 $ETH

Latest News / / / , , , ,

Four years ago, a notable whale in the cryptocurrency market, who had amassed a significant total of 4652 $ETH, made a strategic move by depositing 1000 $ETH into a centralized exchange (CEX). This action raised suspicions among observers, as it appeared to be a case of profit-taking. The decision to transfer such a substantial amount

Whale Deposits 1000 $ETH into CEX After Accumulating 4652 $ETH Read More »

Ethereum Whale Takes Profits: Sells Over 20,000 ETH Amid Market Moves

Ethereum Whale Takes Profits: Sells Over 20,000 ETH Amid Market Moves

Latest News / / / , , , ,

In the ever-evolving world of cryptocurrency, significant movements by large holders, often referred to as “whales,” can have a profound impact on market dynamics. Recently, a notable Ethereum whale, boasting a staggering profit of $76.05 million, has begun to take profits by strategically selling off a substantial portion of their holdings. This whale has offloaded

Ethereum Whale Takes Profits: Sells Over 20,000 ETH Amid Market Moves Read More »

XLM Rallies 7% Before Quick Decline as Traders Cash In on Gains

XLM Rallies 7% Before Quick Decline as Traders Cash In on Gains

Latest News / / / , , , ,

In the ever-fluctuating world of cryptocurrency, Stellar Lumens (XLM) has recently made headlines with a notable surge of 7%. This spike caught the attention of traders and investors alike, reflecting a brief moment of bullish sentiment in the market. However, as is often the case in the volatile crypto landscape, this rally was soon met

XLM Rallies 7% Before Quick Decline as Traders Cash In on Gains Read More »

XRP Holds Steady at .85 Amid ETF Profit-Taking Concerns

XRP Holds Steady at $2.85 Amid ETF Profit-Taking Concerns

Latest News / / / , , , ,

In recent trading sessions, XRP has shown resilience, maintaining a price of $2.85 despite experiencing a 3% swing. This stability comes as market participants grapple with the implications of potential Exchange-Traded Fund (ETF) approvals, which have been a hot topic in the cryptocurrency landscape. The excitement surrounding ETFs has led to increased speculation and investment

XRP Holds Steady at $2.85 Amid ETF Profit-Taking Concerns Read More »