Crypto market is full of manipulation. The organised rich(whales) won't let the poor to breath. I said bitcoin (the chief coin) will hit 80k and above next year and not this year, therefore, hold back your little benefits. Buy low and sell high. Don't be greedy, the price always pump like flood but when a targeted prey got trapped by the given bait, the flood meander back. Them said it's decentralised but these schemes is been controlled. Note: my lil write-up is note a financial advice, but an opinion. Do your own research and don't stuck on..
Cause of crypto crash (1) #endbadgovernment in Nigeria (2) war situation in middle east (3)Japanese stock market crashing (4) trump winning odd decrease from 70% to 52% (5) Jump Trading dumping Eth (6) Civil war in UK (7) high rates of unemployment in US (8) Genesis & MT. GOX still selling
Yes!!! I"m the guy that saw tomorrow. I told you guys on July 24th that $BTC will drop @ 40k and below. $ETH to drop @ 2k and below $BTC to hit 80k and above 2025 Some people couldn't believe... Lol go through my post and you'll see it Just that I'm fully occupied to predict..
If you rely on what people are posting then you're in the avenue of making huge mistake/lose. I've been the victim of peoples opinion for long.. Bitcoin halving bitcoin halving.. The price of bitcoin will hit $100k..200..1000k then you rush to buy at 70k later dropped and stuck below 60k. Maybe you borrowed from bank to purchase your coin. I'm so sorry! Here is my prediction but pls don't take it personal. It's just an instinct.. May or may not happen $BTC price to hit and above 80k next year 2025 and will still low @ 40k and below this year 2024. $ETH price to hit 5k this year 2024 and will still go low @2k and below this year 2024. $BONK price to hit $1 next year 2025 MATIC to still hit $1 and above again this remaining month of the year 2024 LUNA to hit $3 above this year 2024. JUST Hodl
As the cryptocurrency market continues to mature, the volatility experienced today is a reminder of the inherent risks and opportunities within this space. Investors are advised to remain cautious, conduct thorough research, and consider long-term trends alongside daily price movements.
In conclusion, the cryptocurrency market on July 19, 2024, illustrates a dynamic and evolving landscape where understanding underlying factors and market sentiment is key to navigating investments. As the industry progresses, the integration of crypto assets into broader financial contexts and their adoption in various applications will likely influence their value and utility further.
$BTC Btc remains the stalwart of the cryptocurrency market, holding a price of $64,197.27. Despite a slight decline of 0.40% over the past day, it has gained an impressive 12.58% over the past week, reported by CoinMarketCap. This demonstrates Bitcoin's continued dominance and appeal among investors looking for stability in the volatile crypto market.
$ETH Eth, the second most valuable cryptocurrency, shows a contrasting pattern with a slight daily increase of 0.43%, priced at $3,428.15. Over the week, Eth has seen a significant 11.17% rise, underscoring its ongoing developments and the anticipated impact of its upgrades on transaction speed and cost.
$SOL Sol stands out with a robust performance, priced at $161.35, marking a 2.58% increase over the last 24 hours and a notable 19.23% over the past week. Sol's growth is attributed to its efficiency and scalability, which continue to attract decentralized applications and enterprise-level use cases.
XRP XRP sees a significant downturn, falling 7.44% in the past day to a price of $0.55. However, it has shown a remarkable 22.66% rise over the past week, likely influenced by legal and regulatory news affecting its operations and investor sentiment.
DOT and SHIBPolkadot and Shiba Inu have shown mixed results. DOT experienced a decrease of 3.63% today, settling at $6.09, yet gained 3.66% over the week. Shiba Inu, meanwhile, saw a 5.85% decrease to $0.00001755 but grew 9.21% over the week, possibly driven by the meme coin's community activities and speculative trading.
Gainers The standout performers today include MNT with an 11.55% increase, followed by WIF, which rose by 8.63%. These gains reflect specific ecosystem developments or market responses to recent news related to these tokens.
Losers On the downside, XRP leads todayâs losers with an 8.33% drop, followed by GALA and WLD which fell by 7.41% and 6.70%, respectively. These losses highlight the market's reaction to external pressures or internal developments within these projects.
Recently published on-chain data shows massive $XRP transactions occurred within just three hours
Popular blockchain tracker Whale Alert, which tracks down large cryptocurrency transfers and shares their details on the X platform, has reported that a substantial amount of XRP â close to 136 million coins â has been moved in the last 20 hours. Notably, this staggering amount of cryptocurrency was transferred within merely three hours and went in four large transactions. The majority of these funds was withdrawn from the largest cryptocurrency exchange, Binance, by mysterious wallets. Those transfers took place while the price of the seventh largest crypto, XRP, lost more than 7% over the weekend; since then, it has managed to recover by 3.52%. Over the past week, XRP skyrocketed by an enormous 26%.
Read more on U.Today https://u.today/136-million-xrp-in-three-hours-whats-going-on
A popular crypto analyst thinks Bitcoin (BTC) is setting itself up for âbig blow-off top moves.âIn a new YouTube video, Jason Pizzino tells his 331,000 subscribers that he thinks higher volume and higher closes on the daily chart indicate that $53,500 was Bitcoinâs low. The analyst believes the top crypto asset could âgo parabolicâ for the next 4-6 quarters.âThis cycle so far weâve seen two red quarters, so it could be one more red quarter to come up for Bitcoin, maybe two. Just looking at only these last few data points, and on the other hand, it doesnât mean that we have to have any more significant red quarters. There could be one, there might not be any others. So after this point breakouts leading into this quarter 4 of 2024 and then into 2025 I think we are on for some big, big moves, dare I say big blow-off top moves.âIn technical analysis, a blow-off top is a chart pattern showing a sudden rise in price that is followed by a sharp decline. $BTC is trading at $64,600 at time of writing. The top-ranked crypto asset by market cap is down more than 0.5% in the past 24 hours but up more than 12% in the past week.
The BIS, which positions itself as a bank for central banks globally, has introduced new regulations governing banksâ exposure to Group 2 cryptocurrencies. Notably, the BIS had in the past defined what Group 2 crypto assets are in an effort to separate them from other cryptocurrencies.
Group 2 assets include unbacked crypto assets such as $XRP , $BTC and $ETH . The category also contains stablecoins that lack effective stability mechanisms. According to the BISâ classifications, these assets are riskier due to their volatility.
The Bank of International Settlements released its new requirements criteria for holding these assets in a publication yesterday. Notably, prominent XRP community figure Eri called attention to the publication in a recent post on X