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The Bitcoin Mayer Multiple reached 0.65, echoing the deep bear market conditions of 2022 and sparking debate on whether BTC's real bottom lies at $50,000 or lower. Bitcoin (BTC) has entered the “darkest days” of its bear market correction, based on a classic BTC price indicator hitting near four-year lows. Key takeaways: Bitcoin Mayer Multiple fell to 0.65, matching deep bear market lows in May 2022. Read more

Ether price still risks declining toward the $1,000-$1,400 range, according to a confluence of bearish technical and onchain indicators. Ether (ETH) has fallen by 30% over the past seven days, sliding to $1,900 from $2,800. The drop was accompanied by a sharp decline in futures activity, with Ether’s open interest falling by more than $15 billion over the same period. Analysts are now focusing on the long-term technical zones and onchain indicators that may signal a major turning point for ETH price. Key takeaways: Read more

Bitcoin touched new lows under $64,000 as market selling reached a historic level, and analysts warn that the bottom is not in. Does data support analysts’ sub-$60,000 prediction? Bitcoin (BTC) has fallen 13% over the past four days, sliding to $63,844 from $79,300. It is currently trading below $69,000, which is the 2021 bull market high, a level many see as a support level. The drop was matched by a sharp decline in futures activity, with BTC’s open interest falling by more than $10 billion over the past seven days. Analysts are now focusing on the long-term technical zones and onchain indicators that may signal a major turning point for BTC.  Read more

Trump Media's $2 billion Bitcoin treasury acquired at $118,000 faces mounting losses as BTC tests the critical 50-week EMA support at $100,887, while analysts monitor resistance levels between $106,000 and $120,000. The post Bitcoin Price Analysis: $2 Billion Bitcoin Acquisition by Trump Media Now Underwater – Where Is the Onchain Support? appeared first on Cryptonews.

If you thought studying the world’s idle capital was akin to watching paint dry, think again. There’s a new reality show on the blockchain called synthetic stablecoins, and it’s packed with action, intrigue, and more market moves than a Wolf of Wall Street outtake. Remember the days when stablecoins were the dullest asset in the […] The post Where did all the boring dollars go? How synthetics are turning stablecoins into green, lean, yield machines appeared first on CryptoSlate.

Bitcoin holds near $119,745 as fresh US inflation data lifts rate-cut hopes. Key resistance at $123K may decide BTC’s next move. Full price outlook here. The post Bitcoin Price Prediction: Key US Inflation Data Just Dropped – Where is BTC Going Next? appeared first on Cryptonews.

Litecoin (LTC) price predictions are becoming more bullish, with traders turning their focus to a near-term retest of $100, and perhaps as high as late-2024/early-2025 highs in the $140 area in the coming weeks. The post New Litecoin Price Prediction Targets $100 and Beyond – Where Is LTC Headed Next? appeared first on Cryptonews.