Category: lows
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Bitcoin Active Addresses Crash To 2021 Lows: What It Means
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On-chain data shows that the metric of active Bitcoin addresses has fallen to very low levels recently. Here’s what that could mean for the asset’s price. Active Bitcoin addresses over the 30-day average are now down to just 1 million As CryptoQuant author Axel Adler Jr. explains in a new…
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India’s shrinking balance of payments surplus keeps rupee near record lows By Reuters
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Written by Nimesh Vora MUMBAI (Reuters) – India’s rupee held near an all-time low on Thursday despite intervention by the country’s central bank, with traders and analysts expecting continued pressure on the currency due to a shrinking balance of payments surplus. The rupee was at 83.9750 against the US dollar,…
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Arcadium Lithium limps to new lows; UBS starts at Neutral on continued weak pricing
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MF3d/iStock via Getty Images Arcadium lithium (New York Stock Exchange: Altm) closed -9.6% In Tuesday trading, one of several alternative energy stocks hit a 52-week low, as a wave of bearish sentiment swept the energy sector into broad losses. Vistra (VST) and Constellation Energy (CEG)) included two of the day’s…
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Australia’s Inflation Cooled To Multi-month Lows But Remained Sticky High In July
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Data from the Australian Bureau of Statistics showed that inflation in Australia rose by 3.5% YoY in Julyslower than the 3.8% increase in June and the lowest since March but higher than the 3.4% rise markets had expected. One reason for the decline may be that the expanded Commonwealth Energy…
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Daily FX Market Review: U.S. Dollar Weakens to New Lows of the Year!
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the US Dollar Index Gold hit a 2024 low last week after dovish comments from Federal Reserve Chairman Jerome Powell prompted global currency markets to expect a more dovish stance from the Fed than previously thought. This has led to continued selling pressure, causing the US dollar to fall to…
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Daily FX Market Review: U.S. Dollar Weakens to New Lows of the Year!
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the US Dollar Index Gold hit a 2024 low last week after dovish comments from Federal Reserve Chairman Jerome Powell prompted global currency markets to expect a more dovish stance from the Fed than previously thought. This has led to continued selling pressure, causing the US dollar to fall to…
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BEAM plummet to December lows triggers whale accumulation
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After Beam hit its lows in December 2023, whales showed increased interest in the asset and started accumulating it. Beam (BEAM) dropped to $0.0106 on August 5 for the first time since December 2023. After a market-wide recovery, the native token of the Beam network emerged as the biggest gainer…
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Ethereum Price Crashes Below $3,000 As Revenues Drop Toward New Lows
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Ethereum (ETH) It recently dropped below the critical level and Psychological support level at $3000Which has raised concerns about the price of ETH rising. This development comes amid continued decline in revenue generated from Ethereum Network. Related reading Ethereum collapses below $3,000 Ethereum price has dropped below $3,000, and this…
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Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses?
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Despite the crypto market’s recovery, a significant number of Cardano holders are still suffering losses, leading to speculation as to why. Data from IntoTheBlock shows that the altcoin is the worst performing in terms of profitability when it comes to the top 10 cryptocurrencies by market cap, disappointing its holders…
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Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses?
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Despite the crypto market’s recovery, a significant number of Cardano holders are still suffering losses, leading to speculation as to why. Data from IntoTheBlock shows that the altcoin is the worst performing in terms of profitability when it comes to the top 10 cryptocurrencies by market cap, disappointing its holders…
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Stocks move to new lows. Crowdstrike down -10.66%. Musk says “We just deleted Crowdstrike”
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Crowdstrike pushed an update overnight that crashed Microsoft products and subsequently many companies. I’m still having some issues with my tech. Crowdstrike shares are down -10.60% at $306.40. At least the stock is down from its low of $290.10. Meanwhile, major indices moved to new lows on the current hourly…
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Polygon (MATIC) Plunges To 2-Year Lows As Bearish Sentiment Persists
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Main Takeaways Polygon (MATIC) has fallen to its lowest level in two years, having fallen over 33% in the past year, as the MATIC price continues to face downward pressure. On-chain data shows a significant drop in daily active addresses, indicating low network activity and bearish sentiment towards the token.…
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Bitcoin Weekend Trading Volumes Plunge To Record Lows
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Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend trading, once a breeding ground for volatility, has become particularly important in the cryptocurrency landscape. However, a recent report by Kaiko reveals a not so rosy picture – BTC Trading volumes declined at the…
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‘Buy The Dip?’ Bitcoin Price Decline To New 1-Month Lows Amid Crypto Market Turmoil
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The cryptocurrency market has been on a roll lately, with the price of leading digital asset Bitcoin falling to a new one-month low. After a long period of relatively stable prices, the price of Bitcoin saw a significant decline, falling to new one-month lows of around $64,000. This sudden decline…
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‘Buy The Dip?’ Bitcoin Price Decline To New 1-Month Lows Amid Crypto Market Turmoil
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The cryptocurrency market has been on a roll lately, with the price of leading digital asset Bitcoin falling to a new one-month low. After a long period of relatively stable prices, the price of Bitcoin saw a significant decline, falling to new one-month lows of around $64,000. This sudden decline…
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Over $200 Million in Liquidations as Bitcoin (BTC) Price Dropped to Monthly Lows (Weekend Watch)
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Bitcoin price movements over the past few days have been quite painful as the asset fell to $65,000 yesterday for the first time in about a month. Although they have also recovered from their lowest positions, altcoins are also deep in the red, with NEAR, FIL, and FET sinking the…
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Bitcoin Supply on Exchanges Hits Dec 2021 Lows: What Does it Mean for BTC’s Price?
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Bitcoin price rose to $70,000 briefly this week but faltered shortly after failing to maintain momentum and taking a sharp turn. At the time of writing, the world’s largest cryptocurrency is trading at just over $67,000. However, with stock market supply falling to December 2021 lows, data suggests that a…
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Bitcoin Supply on Exchanges Hits Dec 2021 Lows: What Does it Mean for BTC’s Price?
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Bitcoin price rose to $70,000 briefly this week but faltered shortly after failing to maintain momentum and taking a sharp turn. At the time of writing, the world’s largest cryptocurrency is trading at just over $67,000. However, with stock market supply falling to December 2021 lows, data suggests that a…