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Bitcoin, Ethereum Technical Analysis: BTC Drops to 2-Week Low Below $40,000


Losses in cryptocurrency markets extended on Friday, with bitcoin falling to multi-week lows in the process. Ethereum was also lower during the session, whilst the global crypto market cap was down 3.70% as of writing. Bitcoin Bitcoin was down for a third consecutive session, as recent bearish...

NFT Sales Nosedive This Week as Volume Drops Close to 30%


According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...

Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March


A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly predicted. Former Central Bank Director Warns Crypto Market Will Soon Crash Former Bank...

Crypto Market Sentiment Improves, Bitcoin & Ethereum Gain, ATOM Drops


  Following a week of strong performance in the crypto market, sentiment among market participants is also improving. According to the market sentiment analysis service Omenics, the average 7-day sentiment score (sentscore) for 10 major cryptoassets reached 4.86 today, up from 4.39 a week ago....

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Bitcoin Drops Below USD 40K, Ether Breaks USD 3K, USD 120M Liquidated


  On Monday, the most popular cryptocurrency, bitcoin (BTC), dropped below the USD 40,000 level for the first time since August 2021, while ethereum (ETH) dived below USD 3,000 for the first time since October. At 14:36 UTC, BTC trades at USD 39,939 and is down almost 5% in a day, also erasing...

Rising Bitcoin Leverage Keeps Traders on Edge as Volatility Drops


  Rising leverage in bitcoin (BTC) derivates combined with the lowest levels of volatility in more than a year is currently keeping traders on edge for a potentially explosive move in either direction. The signal from the derivatives market comes after open interest in bitcoin futures across...

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