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Why Crypto Market is Down Today? Bitcoin below $95,000
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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#MarketPullback BNB, ADA, AVAX Price Analysis: Is It Right Time To Buy These Altcoins? Key Points: BNB eyes $794 in the short term and $2,753 by 2025 after a "cup-and-handle" breakout. ADA nears a breakout from a descending triangle; failure risks a drop to $0.645. AVAX targets $43.45 but risks falling to $31 if it fails to break the descending channel.
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(BNB, ADA, AVAX Price Analysis: Is It Right Time To Buy These Altcoins?) Key Points: BNB eyes $794 in the short term and $2,753 by 2025 after a "cup-and-handle" breakout. ADA nears a breakout from a descending triangle; failure risks a drop to $0.645. AVAX targets $43.45 but risks falling to $31 if it fails to break the descending channel.
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#BTCNextMove Bitcoin plunges over 8%, dips below $94,000 as Jerome Powell dismisses speculation on BTC reserves Bitcoin continued its slide on Friday slipping below the $94,000 mark. It was its fourth consecutive decline amid soured sentiments following Federal Reserve Chair Jerome Powell's hawkish tone and comments on the potential of a Bitcoin reserve. Around 6 pm India time, BTC was trading at $93,637.04, down by 8.25%.
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#MarketCorrectionBuyOrHODL Crypto Today: Bitcoin holds $104K as XRP, AVAX and Solana traders take profits The cryptocurrency sector valuation declined 4% on Wednesday, dropping toward $3.8 trillion. While Bitcoin price dipped 2% to consolidate around the $104,600 mark, top altcoins like XRP, AVAX and SOL suffered excess of 5% losses on the day. The sell-the-news frenzy comes as the Fed projects fewer rate cuts in 2025.
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Bitcoin Price Today: BTC Falls Below $100,000, Declines 6.1% After US Fed Hawkish Tilt After the brief dip, Bitcoin has recovered slightly to reclaim the $100,000 level to currently trade at $101,040 as of 10:30 am on Thursday. Bitcoin Price Today: Halting the gaining streak, the world’s largest cryptocurrency Bitcoin on Thursday fell below the $100,000 level to $98,792.67 after the US Fed’s 25 bps rate cut decision and its hawkish tilt raised concerns about the inflation outlook. It was 6.18 per cent lower than the day’s high of $105,302.37. However, after the brief dip, Bitcoin has recovered slightly to reclaim the $100,000 level to currently trade at $101,040 as of 10:30 am on Thursday, according to binance.com.
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