Why is the Crypto Market Up Today? Total crypto market cap gained $16.25 billion, bouncing from $3.89 trillion support but capped under $3.94 trillion. Bitcoin holds above $117,261 support, targeting $120,000 if investor momentum persists. OKB surged 25% to $116, edging closer to $143 resistance, with profit-taking risks at $105. The total crypto market cap (TOTAL) and Bitcoin (BTC) are posting a green candle, albeit noting minimal gains. However, this did bring a bullish impact on altcoins with OKB leading them with a 25% rise in the last 24 hours. The total crypto market cap (TOTAL) and Bit
Pi Coin Holdersâ Sentiment Falls to Worst in 4 Months, But Price Bears No Impact : Pi Coin trades at $0.385, struggling to break the $0.401 resistance amid consolidation. Holder sentiment drops to a 4-month low, reflecting cautious and inconsistent investor behavior. Support lies at $0.362, while a break above $0.401 could push Pi Coin toward $0.440. Pi Coin is struggling to maintain upward momentum as its price faces consolidation following a prolonged downtrend. At the time of writing, the cryptocurrency is hovering around $0.383, unable to break through the $0.401 resistance. Investor beh
Cardano Whales Strike with 200 Million ADA Buy as ETF Odds Reach 75% : Whales have snapped up 200M Cardano in a fresh $157M buying spree, signaling surging big-money confidence in ADA. Calling out this development, market analyst Tom Tucker pointed out, âWhales bought 200M ADA in the last 48hrs, just as ETF approval chances went up to 75%.â Whales ramped up accumulation as Cardano shattered the $0.90 psychological barrier after months of sideways action, fueling a 33% weekly surge. The 10th-largest cryptocurrency by market cap didnât stop there because it retested the $1 price before pulling b
XRP Price Finds Support at $3 Even as Whales Note $1.2 Billion Sell-Off :XRP holds steady at $3.09 despite $1.2 billion in whale sell-offs; retail buying is helping stabilize the price. Whales sold 400 million XRP worth $1.2B, but retail investors continue to buy, keeping XRP price above $3.00.XRP holds above $3.07; breaking $3.12 could push it to $3.41, but continued whale selling could drag it down to $2.91. XRP has shown significant volatility in recent days, reflecting uncertain investor sentiment. Despite major price fluctuations, XRP is holding steady around $3.00, mainly due to the mixe
Historic Bitcoin Indicator Signals Huge Volatility Spike â Where is BTC Price Headed? Bitcoinâs price has recently experienced a drop from its all-time high (ATH), signaling a potential shift in market conditions. This decline, while seemingly typical, may signal underlying concerns about future volatility. Historical cues suggest that a volatility explosion could be on the horizon, prompting key holders to turn neutral. Bitcoin is Facing The Calm Before The Storm The Bitcoin DVOL index, which tracks the volatility of the asset, is at historically low levels. Only 2.6% of days have experienc
Ethereum Price Forecast: ETH retraces below $4,500 as SharpLink reports heavy quarterly losses : SharpLink Gaming revealed its Ethereum treasury has exceeded 728,000 ETH, worth over $3.2 billion. Despite its treasury growth, the company reported net losses between April and June worth $103 million. ETH could find support at $4,100 if it fails to recover the $4,500 level. Ethereum (ETH) fell 2% on Friday following SharpLink Gaming's (SBET) reported quarterly losses of $103 million despite growing its treasury holdings to 728,000 ETH. SharpLink sees $103 million losses amid treasury growth In it
Ripple Price Forecast: XRP consolidates amid neutral retail activity, declining open interest : XRP price holds above $3.00 as investors digest the impact of US PPI data on inflation and the Fed's interest rate decision. Declining futures Open Interest indicates waning bullish momentum and reduced investor interest. XRP's neutral retail activity signals upward potential without overheating. Ripple (XRP) leans slightly bearish, holding above support at $3.00 on Friday. The cross-border remittance token abandoned the push toward its record high of $3.66 earlier in the week, peaking at $3.35 on T
Worldcoin eyes 9% decline below $1 as futures open interest dwindles: Worldcoin struggles to hold support at $1.00 as risk-off sentiment spreads. WLD liquidations surge and open interest extends its decline from July's peak. Sell signals offered by the MACD and SuperTrend indicators could suppress any short-term recovery. Worldcoin (WLD) bulls are facing difficultly, attempting to prevent the previous day's sell-off, triggered by revived inflation concerns in the United States (US), from extending toward the range support at around $0.90. The token trades around $1.00 at the time of writing a
Crypto Today: Bitcoin, Ethereum, XRP offer signs of bullish reversal despite renewed inflation fears : Bitcoin licks its wounds above $119,000 as bulls push to recoup losses from Thursdayâs sell-off. Ethereum spot ETF inflows remain elevated as the price recovers, aiming at record highs. XRP flaunts a low but positive funding rate, which is likely to boost risk appetite. Bitcoin (BTC) is attempting a recovery toward the pivotal $120,000 level, trading above $119,000 on Friday. The sell-off spread in the broader cryptocurrency market on Thursday occurred after Julyâs US Producer Price Index (PP
Avalanche eyes major resistance breakout Avalanche price remains above the 200-day Exponential Moving Average (EMA) at $23.39. The intraday recovery is inching towards the 38.2% Fibonacci level, acting as overhead resistance at $25.50, which is stretched between the $53.98 high from December 8 and the $16.04 low from April 6. A decisive push above this resistance is crucial to prolong the recovery run, potentially targeting the 50% retracement level at $29.43. The 50-day EMA is rising toward the 200-day EMA, eyeing a Golden Cross, which would flash a buy signal as short-term recovery outpace
Tron Price Forecast: TRX bulls hit yearly high as transactions top 11.1 billion : Tron price trades near $0.35 on Friday after an eight-week rally totaling over 35%. On-chain data show TRX transactions surpassing 11.1 billion, while Open Interest hits a record high. Technical outlook points to further gains, with bulls eyeing the $0.45 all-time high. Tron (TRX) is riding strong bullish momentum, holding near $0.359 on Friday after an eight-week rally of more than 35% and reaching a new yearly high the previous day. On-chain metrics paint a supportive picture for further upside, with transactio
Cardano Price Forecast: ADA survives market crash as uptrend remains steady : Cardano maintains an uptrend for the fourth consecutive day, surpassing major resistance levels. A steady build-up of long positions in the last three days points to a bullish incline among traders. The ADA Open Interest reaches a record high of $1.77 billion. Cardano (ADA) maintains a bullish trend amid a broader market correction for the fourth consecutive day, surpassing a critical resistance level. ADA edges higher by 1% at press time on Friday with a steady rise in bullish bets and Open Interest reaching a re
Crypto Market Down: FARTCOIN, VIRTUAL, TIA post double-digit losses amid $1B liquidation : Fartcoin edges higher after a 12% loss from the previous day. Virtual dropped by over 13% on Thursday, increasing the chances of a death cross between two key moving averages. Celestia reversed from the 100-day EMA to form a bearish engulfing candle, risking further losses. Fartcoin (FARTCOIN), Virtuals Protocol (VIRTUAL), and Celestia (TIA) record losses in double digits over the last 24 hours, as the cryptocurrency market lost over $1 billion in liquidations on the back of a higher-than-expected US
Ethereum Price Forecast: Surge in validator exits and strong PPI inflation reading sparks correction : Ethereum validator exit queue spiked to 727,000 ETH, one of its highest levels over the past year. A higher-than-expected US July PPI print sparked a wave of profit-taking that halted ETH's uptrend. ETH has to hold the $4,500 support to resume its bid for a new all-time high. Ethereum (ETH) dropped by 5% on Thursday following an increase in the amount of coins exiting validator duties and a hot July Producer Price Index (PPI) reading in the US. Validator queue exits and hot PPI print triggers
Ripple Price Prediction: XRP eyes uptrend fresh rebound amid US inflation concerns : XRP edges lower and tests support at $3.00 as liquidations surge. Crypto majors reverse part of the gains as the US PPI report signals a potential spike in inflation. Technical indicators lean bearish with the RSI near the midline and the MACD upholding a sell signal. Ripple (XRP) is facing a spike in volatility on Thursday that is impacting most major cryptocurrencies. The international money transfer token is down nearly 5%, trading at $3.12 at the time of writing. XRP offers bearish signals with support at
Ripple Price Forecast: XRP price slides amid worrying US economic data : XRP edges lower and tests support at $3.00 as liquidations surge. Crypto majors reverse part of the gains as the US PPI report signals a potential spike in inflation. Technical indicators lean bearish with the RSI near the midline and the MACD upholding a sell signal. Ripple (XRP) is facing a spike in volatility on Thursday that is impacting most major cryptocurrencies. The international money transfer token is down nearly 5%, trading at $3.10 at the time of writing. XRP offers bearish signals with support at $3.00, curre