Friday’s crypto sell-off was a fast, leverage-driven cascade that crushed altcoins while bitcoin held up comparatively better — and the next phase hinges on a handful of signals, according to Wiston Capital Founder Charlie Erith. In a Sunday post titled “Crypto Crumble,” Erith said the market excluding bitcoin, ether and stablecoins fell about 33% in roughly 25 minutes on Oct. …
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Key points: Bitcoin has broken above the $117,500 resistance, opening the gates for a retest of the all-time high at $124,474. Several altcoins have started a strong relief rally, signaling solid buying at lower levels. Bitcoin (BTC) closed September with gains of more than 5% and the bulls extended the gains on the first day of the new month by …
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Companies adding underperforming altcoins to their balance sheets are muddying the broader treasury narrative, says Bitcoin treasury company Nakamoto CEO, David Bailey. “The treasury company moniker itself is confusing,” Bailey said in an X post on Sunday. “Toxic financing, failed altcoins rebranded as DATs, too many failed companies with no plan or vision. It’s totally muddled the narrative,” Bailey said. …
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Key takeaways USDT dominance is expected to climb, potentially triggering a short-term altcoin correction similar to April 2025. However, rising stablecoin demand and support could cause strong altcoin rebound. The market could face some turbulence in the coming weeks, as analysts expect Tether [USDT] dominance to rise to a level that last triggered a sharp altcoin correction in April 2025. …
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Weekly Crypto Wrap: Bitcoin, Altcoins Suffer Steep Losses as Macroeconomic Events Rattle Markets Bitcoin.com News Crypto wobbles into August as Trump’s new tariffs trigger risk-off sentiment CNBC Bitcoin, XRP, Ether Drop. Why Trump Tariffs Are Hitting Cryptos. Barron’s Bitcoin Pulls Back to Three-Week Low After Record-Breaking July Bloomberg Bitcoin price dip shakes trader confidence: Is the 2025 bull run in danger? Cointelegraph Source link
Read More »Bitcoin Price Falls. But These Altcoins Soar as Crypto Bills Move Through Congress. Barron’s Bitcoin Pulls Back as Record Rally Triggers Profit Taking Bloomberg Zacks Investment Ideas feature highlights: Coinbase Global, Galaxy Digital, BlackRock, IBIT, Robinhood, Interactive Brokers and Alphabet Yahoo Finance Cryptocurrencies: Bitcoin Surges to Record High ETF Database Why is the price of bitcoin hitting a record high? Experts explain. ABC News – …
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An analyst known for timely altcoin calls believes that new record-level prices are on the horizon for the payments altcoin XRP (XRP). Pseudonymous analyst Pentoshi tells his 870,600 followers on the social media platform X that XRP’s chart looks bullish and that the altcoin might see new all-time high prices in the coming weeks. But for now, Pentoshi thinks that …
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A crypto analyst suggests altcoins may have plenty more upside, as many are already surging without pulling much market share from Bitcoin. “BTC dominance hasn’t even sneezed and Alts are ripping,” crypto analyst Matthew Hyland said in an X post on Friday. Bitcoin reaches new highs on three consecutive days TradingView shows Bitcoin (BTC) Dominance is 64.46% at the time …
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