Crypto Strategist Issues Bitcoin Alert, Says New BTC Six-Month Lows Should Not Be Ruled Out

Crypto Strategist Issues Bitcoin Alert, Says New BTC Six-Month Lows Should Not Be Ruled Out   dailyhodl.com 05 August 2024 16:23, UTC A widely followed crypto analyst is issuing a warning about Bitcoin (BTC), saying that traders shouldn’t rule out the crypto king dropping below $50,000. Pseudonymous crypto trader Kaleo tells his 642,200 followers on…

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Cardano (ADA) On-Chain Activity Skyrockets in July Despite Market Crash

Cardano (ADA) On-Chain Activity Skyrockets in July Despite Market Crash   u.today 05 August 2024 16:28, UTC The Cardano Foundation has recently shared statistics for the Cardano network for July, revealing growth in on-chain activity. The Cardano Foundation highlighted the steady growth in Cardano’s on-chain activity for the past month, noting that this “momentum highlights…

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Polygon Price Analysis: Sharp 16% Drop in 24 Hours, What’s Behind the Decline?

Polygon Price Analysis: Sharp 16% Drop in 24 Hours, What’s Behind the Decline?   coingape.com 05 August 2024 17:40, UTC Polygon, a Layer 2 scaling solution, has exhibited a descending trend, reflecting the recent downturn in the cryptocurrency market. This decline is part of a broader global market correction, as most other cryptocurrencies have also…

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Bitcoin Post-Halving Decline Mirrors 2015-2017 Cycle: How Long Before New Highs?

Bitcoin Post-Halving Decline Mirrors 2015-2017 Cycle: How Long Before New Highs?   thecryptobasic.com 05 August 2024 17:49, UTC The ongoing Bitcoin post-halving decline closely reflects the patterns observed during the 2015-2017 halving bull market cycle, suggesting a similar trajectory. Today, Bitcoin retraced to the $49,000 price channel for the first time in over seven months….

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Double-Digit Crypto Losses Sweep the Market—Over 60 Coins in Freefall

Double-Digit Crypto Losses Sweep the Market—Over 60 Coins in Freefall   news.bitcoin.com 05 August 2024 15:15, UTC Presently, the cryptocurrency market is experiencing a significant downturn, with bitcoin dropping 24% this week and ethereum shedding 30% against the U.S. dollar. While these losses are notable, some digital currencies have fared even worse, with only a…

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