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Cryptocurrency Panic: The Warning Signs Behind the Plunge and Market OutlookVirtual currencies have become a focal point of attention in today's financial world. They attract countless investors with their mysterious allure and massive volatility

Bitcoin Struggles, but Signs of a Breakout Emerge: Is the Market Ready to Turn?While Bitcoin prices continue to fluctuate within a narrow range, on-chain analysis reveals that trading activity on the Bitcoin network has reached a three-year low, suggesting waning interest in the network. However, some analysts believe this could mean a significant breakout is imminent

Bitcoin Price Plunges to $40,600: TD Sequence Signals Potential PullbackAn analyst has explained why Bitcoin could be headed for a decline to $40,600, based on a pattern appearing on the cryptocurrency's two-month chart. The pattern, known as the Tom Demark (TD) Sequence, is sending a sell signal, suggesting that Bitcoin has likely reached a peak

Bitcoin Shows Signs of Recovery, Cryptocurrency Market Demonstrates StrengthAccording to BlockBeats, September 3rd, crypto market analytics firm Santiment stated that Bitcoin exhibited signs of recovery as the S&P 500 index was paused due to the Labor Day holiday in the US. Santiment noted that Bitcoin's growth, independent of stock market trends, indicates a strong inherent strength within the cryptocurrency industry

Bitcoin ETF Leads Capital Inflow, Crypto Market Shows Signs of Recovery: Latest Industry UpdatesThirteen out of the top 25 ETFs launched in the US this year are related to Bitcoin or Ethereum, with four spot Bitcoin ETFs taking the top four spots on the list of ETFs attracting the most capital inflow in the US this year. Nate Geraci, President of TheETFStore, said on social media, "Out of approximately 400 new ETFs listed in the US this year, the top four in terms of year-to-date capital inflow are all spot Bitcoin ETFs

Bearish Signals Flash for Binance Coin (BNB), Price Could Dip Below $500Binance Coin (BNB) has dropped over 10% in the past week, currently trading below its downtrend line from August 23. Technical indicators like the MACD and DMI suggest that BNB could face further short-term declines, as the bearish momentum remains strong

ETH MVRV Momentum Indicator Shows Continued Downward Trend, No Signs of ReversalAccording to Odaily Planet Daily, on-chain analyst Ali shared Glassnode data on X, revealing that Ethereum's MVRV (Market Value to Realized Value) Momentum indicator remains in a downward trend, with no signs of a reversal yet. This suggests that Ethereum's price may continue to decline

Is the Low Bitcoin Hashprice a Sign of an Approaching Bottom?CryptoQuant analyst Woominkyu's latest analysis report suggests that a close correlation exists between Bitcoin hashprice and Bitcoin price. The current low hashprice could indicate that Bitcoin is nearing its bottom

Bitcoin Nearing $66,000? On-Chain Data and Technical Indicators Hint at Bullish SignalsBitcoin's price could soon break through the $66,000 mark, fueled by robust on-chain metrics and a bullish technical pattern. The 14-Day Market Realized Gradient and the NVT Golden Cross metric both show positive signals, suggesting a potential upward trend

Vitalik Buterin Publicly "Endorses" Ethereum: Bullish Signal Emerges?Yesterday, an image of Vitalik Buterin publicly "endorsing" Ethereum went viral in the crypto community, sparking widespread discussion. Seasoned investors understand the significance of this image, as it suggests that the time for Ethereum's price to rise may be approaching

Bitcoin Reclaims $60,000, 74% of Circulating Supply Unmoved, Signaling Long-Term BullishnessFollowing a brief dip last night, Bitcoin staged a strong rebound, breaking through the $60,000 mark around 9 am today and reaching a high of $60,920. As of press time, Bitcoin is trading at $60,815, up 4

Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?Ethereum gas fees have been steadily declining recently, hitting a five-year low. According to DuneAnalytics data, the median gas fee fell to 0