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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

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,...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Ethereum is the latest cryptocurrency that has been surging high on the radar. The market is favoring the token at present, helping it attract major institutional interest. Many small-cap firms have been exploring Ethereum actively, lured by its staking abilities. The ETH chart is now showing a new development, the formation of a bull pennant, which, once completed, can help Ethereum surge high in the market. Is ETH truly primed for $5K soon? Let’s find out. Also Read: AI Predicts Price Of Bitcoin, ETH If Trump’s Select A New Fed Chair Ethereum Bull Pennant Formation: Details Source: Watcher Guru Ethereum has lately been attracting major attention and spotlight, primarily as it’s now being viewed as a “blue chip” asset. The token is also gaining traction as a leading foundational chain, allowing devs to build a holistic stablecoin development, as a genius act makes its way into the market. Furthermore, with Trump and BlackRock actively exploring the token, Ethereum is gradua...

Shiba Inu is down 35% year-to-date and another 7.56% today, with SHIB trading at around $0.000012 right now. The meme coin’s sharp decline actually contrasts with Bitcoin’s 26% gains this year, and investors are wondering if this represents a buying opportunity or signals more pain ahead. At the time of writing, Shiba Inu coin today faces mounting sell pressure even though the Shibarium network has been achieving some significant technical milestones. The popular dog-themed token has been getting hammered by shifting investor preferences toward stablecoins and more utility-focused cryptocurrencies. Trading volumes are staying elevated at approximately $226 million over 24 hours, which suggests there’s still interest even as prices keep tumbling. Also Read: Shiba Inu All Time High Near: Analyst Sees 500% Surge Ahead Shiba Inu Coin Today Faces Downtrend, Buy or Sell Decisions Loom Source: Watcher.Guru Market Context Shows Concerning Pattern The Shiba Inu downtrend become...

VeChain (VET) has followed the recent crypto market upswing, and could hit the $0.035 mark if the rally continues. The asset has gained 14.1% in the weekly charts, 33.8% in the 14-day charts, and 40% over the previous month. Despite the rally, the market seems to be facing a correction today. VET’s price has dipped 5.3% in the last 24 hours, as CoinGecko reveals, and 8.7% since July 2024. Source: CoinGecko Why Is The Asset Dipping Today? Source: Facts.net The crypto market experienced a rejuvenated bullish sentiment over the last few weeks. Bitcoin (BTC) and XRP hit new all-time highs. Other crypto assets followed the upward trajectory as well. VET was no stranger to the bullish party. The asset breached the $0.029 level for the first time since late May of this year. The rally was likely due to BTC’s rise following increased institutional inflows. Crypto-based ETFs have led to a substantial rise in institutional interest. The development has caused significant bullish rever...

Shiba Inu breakout pattern formation is actually creating significant buzz right now as the meme coin develops a classic W-shaped recovery pattern. This technical formation suggests SHIB could be positioning for a major price surge, and the Shiba Inu breakout pattern is showing two distinct bottoms at similar price levels. The emerging Shiba Inu whale wallet concentration, along with Shiba Inu price prediction models, and also Shiba Inu market risk factors are all converging as this Shiba Inu chart pattern takes shape. Breakout Pattern and Whale Wallet Raise Shiba Inu Price Concerns Source: Watcher.Guru The current Shiba Inu breakout pattern represents what’s being called a textbook W formation, where the token has established strong support levels twice at approximately the same price point. This double-bottom structure is widely recognized as a bullish reversal signal when it’s properly executed. Nobody is selling $SHIB either. Sell volume is nonexistent, and all it takes ...