Bitcoin (BTC) spent a second day threatening $20,000 support on Sept. 15 as markets processed the Ethereum Merge.ETH/USD was down 8% on the day, circling $1,470 amid significant volatility.
$1.6 trillion U.S. stock market losses pressure crypto markets, with BTC price action coming full circle to linger near $20,000. Bitcoin (BTC) briefly lost $20,000 support overnight into Sep. 14 after hot United States inflation sent risk assets crashing lower.
On Tuesday, nonfungible tokens (NFTs) collection Doodles announced that it had raised $54 million at a $704 million valuation in a funding round led by Seven Seven Six,
Shiba Inu saw a brief price rise of over 11% yesterday as it bucked the crypto trend to post a sizeable increase to the SHIB market cap. After reaching $0.00001116 in the early afternoon, SHIB spiked by 11.29% to reach $0.00001242 under five hours later.
On Sept. 6, Bitcoin (BTC) price crumbled below $20,000 and the asset looks ready to undergo further decline in September due to a strong U.S. dollar and an ominous technical analysis pattern.
The world's largest crypto exchange announced Monday it would cease trading support for USDC and auto-covert deposits to its own stablecoin after Sept 29.
In the past 4 hours, the long-to-short ratio of contracts on the entire BTC network was 0.78, the long-to-short ratio of ETH contracts on the entire network was 0.98,The number of bears is greater than the number of bulls
According to the recent sentiment survey of traders of credit card financial management, 90% of traders believe that the possibility of economic recession in the United States is very high, and 74% of them believe that the recession will start this year.
On August 11, l2beat data showed that the total amount of locked positions on Ethereum layer2 was US $6.14 billion. In the past seven days, the increase was 21.63%,
Significant whale activity between $22,000 and $24,800 adds to the complexity of the current spot market setup.Bitcoin realized price bands form key resistance as bulls lose $24K.
Like most of the altcoins, Ripple (XRP) has lost the gains it accumulated over the last week, which is most probably caused by Bitcoin (BTC) struggling to keep its head above a historically significant level.
