Author: Anthony M. Orbison
Ethereum, Solana, and other major altcoins took a beating on Monday as the entire crypto market dropped more than 13%, following a big selloff in Asian markets, leading to more than $1 billion in liquidations. Ethereum (ETH), the largest altcoin, fell over 19% in just 24 hours, dropping to around $1,450. That puts it down more than 60% for the year. Other popular coins like XRP (XRP), Solana (SOL), and Dogecoin (DOGE) also lost key support levels, each dropping about 18–20%. In total, the crypto market recorded over $1.38 billion in liquidations, with the majority coming from long positions. Approximately…
Ethereum market dominance has reached a five-year low, dropping to below 9.4% at the time of writing. The number-two crypto faces mounting challenges in maintaining its position as the King of altcoins in the rapidly evolving digital asset space.Ethereum’s decline has been slow and painful, testing even the steeliest-nerved among its thriving community and reflecting a significant shift in investor sentiment and market forces. Bitcoin’s rising dominance, which has surged to around 60%, has compounded Ethereum’s struggles.In February, CryptoSlate reported that Ethereum’s value against Bitcoin had also hit a five-year low, signifying increasing capital deallocation from Ethereum, which has faced…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Amidst a broader crypto market crash, the Dogecoin price is down more than 20% in the last 24 hours. Yet crypto analyst Kevin, who posts under the handle @Kev_Capital_TA on X, has reiterated his stance that Dogecoin still holds…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Dogecoin has seen a major drop in volume since hitting two-year highs back in November 2024. This volume drop has been followed by large declines in the DOGE price, leading to over 50% of the meme coin’s value that…
Leading cryptocurrency Bitcoin (BTC) fell to the $76,000 mark early Monday and is making investors nervous. The rally from $60,000 to $109,000 in six months could be erased in the next few dips. The global financial sector is still coming to terms with Trump’s tariffs, and a cloud of uncertainty is growing. Institutional investors pulled out billions of funds from the US and the global markets, making equities crash.Also Read: Apple (AAPL): Why Experts Aren’t Panicked About Trump TariffsSource: CoingeckoBitcoin is crashing in the indices as the world is affected by Trump’s tariffs making the markets weak. BTC moves in…
The Bitcoin network hashrate has topped 1 Zetahash per second (ZH/s) for the first time in Bitcoin’s 16-year history, according to several blockchain data sources.Bitcoin’s hashrate crossed the milestone on April 5 at a peak of 1.025 ZH/s, according to mempool.space data, while BTC Frame data said it hit 1.02 ZH/s a day earlier.Data from Coinwarz says that Bitcoin hashrate soared to as high as 1.1 ZH/s on April 4 at block height 890,915 — however, the same data indicates that Bitcoin first crossed 1 ZH/s on March 24.Bitcoin’s hashrate has fallen back below 0.95 ZH/s on April 7 since…
Bitcoin (BTC) turned up volatility into the April 6 weekly close as fears of a stock market crash contrasted with bullish BTC price targets.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewCNBC’s Cramer: 1987 crash not “off the table yet”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping below $80,000 on the day, down 3% since the start of the week.The days in between had seen several bouts of flash volatility as US trade tariffs and recession concerns stoked major losses across risk assets.US stocks in particular recorded significant losses, with both the S&P 500 and Nasdaq Composite Index finishing the April 4…
Cryptocurrency prices tumbled as the US stock futures market opened sharply lower on April 6 as the Trump administration doubled down on its global tariff strategy.The Trump administration hit all countries with a 10% tariff starting April 5, with some slapped at higher rates, including China at 34%, the European Union at 20%, and Japan at 24%.Bitcoin (BTC) dropped over 6% in the last 24 hours and was trading around $77,883. Meanwhile, Ether (ETH) shed over 12% in the same time frame and was trading at $1,575, according to CoinGecko. The total crypto market cap dropped over 8% to $2.5…
Last week, Bitcoin (BTC) began showing early signs of decoupling from the US stock markets. Bitcoin was relatively flat over the week, while the S&P 500 plunged by 9%. The sell-off was triggered following US President Donald Trump’s April 2 global tariff announcement, which escalated further on April 4 as China retaliated with new tariffs on US goods. Even gold was not spared and was down 1.9% for the week.Alpine Fox founder Mike Alfred highlighted in a post on X that a gold bull market is bullish for Bitcoin. During previous cycles, gold led Bitcoin for a short while, but…
At a recent keynote delivered at the MIT Bitcoin Expo, Phong Le, CEO of Strategy (NASDAQ: MSTR), made a bold case for Bitcoin as a core component of modern corporate treasury strategy. With over 528,000 BTC on its balance sheet, Strategy has become the most visible—and arguably the most successful—public company to adopt Bitcoin as a primary reserve asset. “We outperformed the entire Nasdaq, the entire S&P 500, the entire Mag Seven… and we outperformed Bitcoin,” Le told the audience. While Strategy Chairman Michael Saylor laid the philosophical foundation for Bitcoin’s corporate use case starting in 2020, Le’s keynote drove…