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Showing posts with the label price drop

Bitcoin Price Drops 2% As Glassnode Warns Of Plunge To $88k

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The Bitcoin price slid 2% over the last 24 hours to trade at $111,33 as of 3.30 a.m. on trading volume that slumped 31% to $50.47 billion. There may be worse to come, according to Glassnode, which warned that if the price can’t climb back above its cost basis at $113k, a plunge to $88k could happen as long-term holders begin to reduce positions.​ 🧠 Veteran Sellers Making Moves Bitcoin's struggling to break back above $126k, with long-term holders keeping up their steady profit‑taking. Glassnode #insights reveal these pros, after months of stacking, are cashing in gradually, fueling ongoing downward pressure. ➡️… pic.twitter.com/h9PDRsGags — CryptOpus (@ImCryptOpus) October 31, 2025 If the market finds enough buyers, some analysts say a rebound toward $113,000 and higher could still be possible, but demand remains weak for now.​​ Trading volume has also slowed as investors step back, waiting for clearer signs. Bit...

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

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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,...

VeChain: How To Be A Millionaire When VET Hits 50 Cents

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VeChain (VET) has faced a significant price correction in the last 24 hours, falling 3% in the daily charts. Despite the rally, the asset is up by 3.5% in the weekly charts, 1.2% in the 14-day charts, 6.6% over the previous month, and 35.4% since October 2023. Source: CoinGecko The possible reason for VET’s price drop is that Bitcoin (BTC) may have stabilized at $67,000. With the US Presidential elections quickly approaching, investors might have grown wary. Because of his pro-business and pro-crypto views, many analysts believe that the market will rally if Donald Trump wins the election. Let’s learn how to become a millionaire when VET hits 50 cents ($0.50). Also Read: US Stock: Amazon Eyes New Sector: Will It Help AMZN Spike To $265? How To Become A Millionaire When VeChain Hits 50 Cents? Source – Bitpanda You will need two million (2,000,000) coins in order to have one million dollars worth of VET at a rate of 50 cents a coin. 2 million VET tokens are currently val...