Posts

Showing posts with the label bear market

Bitcoin Price Drops to $111k: Are We Entering a Bear Market?

Image
Bitcoin (BTC) climbed to an all-time high of $124,128 earlier this month, on Aug. 14. BTC’s price has fallen by more than 10% since its peak. According to CoinCodex, Bitcoin’s price has faced a drop of 1.4% in the last 24 hours, 1.4% over the last week, 6.6% in the 14-day charts, and 5.9% over the previous month. Despite the price correction, BTC is still up by 87.8% since August 2024. Source: CoinGecko Will Bitcoin’s Price Continue To Drop? Source: Twitter Bitcoin’s price has seen a gradual decline over the last two weeks, consistently registering lower lows. The pattern suggests BTC could continue to dip over the coming days. Bitcoin’s price drop may have been triggered by increased profit-taking after the asset climbed to a new all-time high. The rally earlier this month was likely due to lower CPI (Consumer Price Index) figures for the month of July. The trajectory changed after higher PPI (Producer Price Index) numbers were reported. One whale sold 24,...

5 Best Cheap Crypto to Buy Now Under 1 Dollar January 13 – WEMIX, TRON, Theta Fuel

Image
The altcoin market has been experiencing a downturn in the early months of 2025, with significant losses seen in major coins like Dogecoin and Cardano. This decline has led some to worry that the altcoin bear market has returned. However, cryptocurrency analyst Michael Van de Poppe suggests that the altcoin bear market might be nearing its conclusion. The analyst noted that social media trends might lead many to believe the bull market has ended. But is that the case for 2025? While there are a few exceptions, most altcoins, including Ethereum, have shown underperformance. Van de Poppe pointed out that altcoins have been in a prolonged bear market against Bitcoin, but this period is likely coming to an end. This positive outlook prompts investors to search for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar . 5 Best Cheap Crypto to Buy Now Under 1 Dollar  WEMIX is currently valued at $0.8484, reflecting a 2.22% rise over the last seven days. TRX h...