Category: Decline
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Ethereum Faces Crucial Test As Funding Rates Decline And $3K Level Looms
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Ethereum is undoubtedly under pressure despite the recent bull run in the broader cryptocurrency market as it struggles to make any significant upward move. Modern analysis Written by ShayanBTC, a contributor to the CryptoQuant QuickTake platform, highlights the key factors affecting Ethereum’s performance. In a post titled “Ethereum faces a…
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Tesla sees first annual sales decline in a decade as Chinese rivals close in
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Tesla’s global deliveries fell for the first time in a decade, as the US electric car leader reported 1.79 million sales in 2024 – down 1.1 percent from the 1.81 million recorded in 2023 and below Wall Street expectations. The company’s shares fell 6 percent on Thursday, wiping more than…
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Bitcoin’s Coinbase Premium Index Decline Extends As BTC Faces Selling Pressure
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Since the price of Bitcoin began to decline after its recent rise to a new all-time high on December 17, several key metrics have shown downward movement, raising uncertainty about… BTC Prospects short term. A continued decline in important metrics could lead to a further decline in BTC price to…
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Is the Decline Gaining Momentum?
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This article is also available in Spanish. Ethereum price started a new decline from the $3,550 resistance level. ETH is now showing bearish signs and may drop below the $3,300 level. Ethereum started a new decline from the $3,550 area. The price is trading below the $3,450 level and the…
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Bitcoin Posts First Weekly Decline Since Trump’s Election Win
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(Bloomberg) — Bitcoin posted its first weekly decline since Donald Trump’s election victory, as a dovish outlook for Federal Reserve policy dampened optimism about the president-elect’s embrace of the cryptocurrency sector. Most read from Bloomberg The largest digital asset fell 9.5% during the seven-day period to 10 a.m. Monday in…
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This Analyst Predicted The Dogecoin Price Crash 2 Days Ago, Full Prediction Shows A Further 30% Decline
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This article is also available in Spanish. Two days ago, a cryptocurrency analyst accurately predicted Dogecoin price collapsewhich has happened since then. According to the latest analyst forecast, Dogecoin is preparing for a steeper decline, with an expected decline of 30% from the current trading price. Analysts expect prices to…
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Bitcoin Traders Retain High Leverage Amidst Decline In Funding Rates – Details
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After reaching the $100,000 level, Bitcoin suffered a sudden price collapse on Friday resulting in an estimated price loss of 7%. During this decline, permanent asset financing rates in derivatives markets took a hit. However, traders may maintain sufficient leverage to strongly influence price fluctuations. Bitcoin’s short-term outlook is uncertain…
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Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible
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This article is also available in Spanish. the Bitcoin price may collapse If it fails to maintain key resistance levels. One cryptocurrency analyst revealed that a drop to $89,000 was a possibility Sales operations Below the $100,000 mark continued to hamper the upward momentum of Bitcoin prices. Bitcoin price correction…
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Optimism (OP) Faces Potential Decline To $1.80 — Analyst
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Optimism (OP) saw a rebound in the market last week as it rose 35.76% based on data from CoinMarketCap. Ethereum’s layer 2 token is hovering above $2.20 with investors strongly optimistic about future price gains. However, some trading indicators suggest otherwise. Optimism likely to decrease by 18% in Posted on…
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New Zealand Dollar Rises as Robust Wage Growth Outweighs Q3 Job Decline
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New Zealand’s labor market slowed slightly in Q3 2024, with employment falling by 0.5% quarter-on-quarter (versus an expected 0.4% decline) and the unemployment rate rising from 4.6% to 4.8%. The labor force participation rate also declined to 71.2% compared to 71.7% in the previous quarter. Furthermore, job gains last quarter…
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Altcoin Market Decline Hits Final Act, Bottom Expected: Analyst
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This article is also available in Spanish. After enjoying a mini price in the last week of October, Bitcoin price corrected below $68K to start the first week of November. While this is a normal price movement for Bitcoin, this trend is also impacting the cryptocurrency industry, especially altcoins. Historical…
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Pepe Battles Price Decline, But Analysts See Potential Rally Ahead
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They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer…
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Pepe Battles Price Decline, But Analysts See Potential Rally Ahead
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They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer…
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Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed
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Bitcoin (BTC) has seen a slight price decline recently, but according to a new report analysisHowever, there could be signs of a potential upside in the short term. CryptoQuant analyst, Yonsei Dent, shared his thoughts on the CryptoQuant QuickTake platform, focusing on the Coinbase Premium Index and its impact on…
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Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed
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Bitcoin (BTC) has seen a slight price decline recently, but according to a new report analysisHowever, there could be signs of a potential upside in the short term. CryptoQuant analyst, Yonsei Dent, shared his thoughts on the CryptoQuant QuickTake platform, focusing on the Coinbase Premium Index and its impact on…
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Asian Shares Decline as Bonds Extend Selloff: Markets Wrap
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(Bloomberg) — Asian stocks fell for a second day along with bonds, as traders consider tempering expectations of interest rate cuts from the Federal Reserve for the rest of the year. Most read from Bloomberg The MSCI AC Asia-Pacific Index fell as much as 1.1% as benchmark indices in Australia…
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London City Airport Secures £130m Lifeline Amid Business Travel Decline
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The owners of London City Airport have injected £130m of new equity to financially stabilize the airport amid a long-term decline in business travel. The move comes as the airport struggles to recover from the pandemic, with passenger numbers still below pre-Covid levels. The new capital was provided by a…
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Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?
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Bitcoin price extended its losses and was trading below the $61,850 area. BTC now holds the $60,000 support, but is still at risk. Bitcoin is struggling to start a new surge above the $62,850 area. The price is trading below the $62,000 level and the 100 hourly simple moving average.…
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Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?
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Bitcoin price extended its losses and was trading below the $61,850 area. BTC now holds the $60,000 support, but is still at risk. Bitcoin is struggling to start a new surge above the $62,850 area. The price is trading below the $62,000 level and the 100 hourly simple moving average.…