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Získejte ve středu: Nové časově omezené nabídky jsou nyní k dispozici! (2025-01-08)https://www.binance.com/en/support/announcement/460afebe835d4f2b9a9a8a051332aeca
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Bitcoin's (BTC) Goodbye to $100,000, Shiba Inu (SHIB) Approaches Last Support, XRP Stronger Than Everyone Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. After retracing below the psychological $100,000 threshold, Bitcoin has investors wondering if this is a short-term decline or a more substantial change on the market. As of right now, Bitcoin is trading at about $95,933, down 1.04% from the previous day. After a robust rally that nearly took Bitcoin to its all-time high, there has been a correction. Read more on U.Today https://u.today/bitcoins-btc-goodbye-to-100000-shiba-inu-shib-approaches-last-support-xrp-stronger-than-everyone The upward trendline that was established during its late 2024 rally has clearly broken out on the chart. Buyers appear to be losing steam, which indicates a loss of momentum. As overly leveraged positions are unwound, a noticeable increase in selling pressure has also resulted in significant liquidations in the futures market. Since the market is currently fragile, these liquidations have probably accelerated the decline. Read more on U.Today https://u.today/bitcoins-btc-goodbye-to-100000-shiba-inu-shib-approaches-last-support-xrp-stronger-than-everyone Many analysts view this dip as a healthy correction, and Bitcoin is still in a long-term bullish structure despite the retracement. The levels of $92,500 and $87,500 are important support levels to keep an eye on because they might serve as reentry points for buyers. On the other hand, resistance at $100,000 will probably be a major obstacle that will need to be overcome by strong market sentiment.

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#CryptoMarketDip The post Why the Crypto Market Is Crashing Today: Key Factors Behind the Drop appeared first on Coinpedia Fintech News In the last 24 hours, the cryptocurrency market has witnessed a damaging drop of 7.9%. Almost all the major cryptos have suffered the impact of the overall crypto market decline. Importantly, yesterday, the altcoin market sharply declined from $1.49T to $1.38T. The latest crypto trend bearish turn is seen as a consequence of the US market downfall and the strengthening of the US dollar against major currencies. Yesterday, the S&P 500 index slipped from around $5,993.96 to $5,909.02. However, experts believe that the bull trend in the crypto market remains intact. Is now the time to buy into Bitcoin’s dip? Let’s explore. What Caused the Crypto Market Correction? On January 7, the S&P 500 displayed a severe single day drop of 1.38%. Several prominent US stocks, Tesla and Nvidia, showed similar trends on the same day. Tesla declined from $406.15 to $393.65, and NVIDIA sharply plummeted from $153.11 to $140.14. Last day, the Euro, against the US dollar, has grown by 0.46%, the Japanese Yen by 0.30% and the Indian Rupee by 0.11%, demonstrating the growing strength of the US currency against prominent currencies. Reports say that these factors have influenced the crypto market negatively, causing into to show a sudden reversal. Insights from the Options Market Reports indicate that short-term implied volatility has increased slightly but remains low. Reports add that options skew and futures appreciation has not shown any notable changes. Meanwhile, market indicators suggest that expectations for future volatility are stable. Is the Bitcoin Bull Market Still Intact? In the last 24 hours, the Bitcoin market has dropped by approximately 5.0%. In the last one hour alone, it has declined by at least 0.3%. Experts believe that the current decline is temporary in nature. They point at the market’s strong fundamentals and its growing demand as the key signs of its future growth potential #BNB_Market_Update

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#CryptoMarketDip https://t.me/binance_announcements/6914

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