Bitcoin Faces Heavy Selling Pressure as Liquidations Trigger Steeper Decline
Bitcoin (BTC) faced renewed selling pressure on Monday, dropping to around $86,000 after a series of liquidation events erased hundreds of millions of dollars in leveraged positions. Related Reading: Ripple Scores Major Win As MAS Supercharges Its Singapore License The decline deepened over the weekend, pushing BTC briefly under $85,500 amid broader risk-off sentiment and […]
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XRP is facing renewed pressure this week after the Oct. 10 flash crash triggered record liquidations across the crypto market. The token plunged nearly 40% intraday before rebounding, now hovering between $2.20 and $2.60 as traders assess what’s next. Related Reading: Is The XRP Bottom In? Top Crypto Analyst Turns Ultra-Bullish Despite heavy whale selling and lingering volatility, market analysts insist that “this week could change everything” for XRP, with key ETF decisions and regulatory milestones approaching that could redefine its long-term outlook. XRP's price trends to the downside....
After surging above the $0.51 mark on Monday, the XRP price has been on a decline once more. This has seen the asset drop back below $0.49 as obvious selling pressure continues to mount on the altcoin. The major focus of holders has been on where this sell pressure is coming from and a number […]
Bitcoin is holding above the $110,000 level after a turbulent Monday that saw billions of dollars in liquidations across the crypto market. The sharp correction erased much of last week’s gains and reminded investors of the volatility that continues to define this cycle. Despite the heavy selling pressure, BTC has managed to stabilize near a key liquidity zone, where bulls and bears are now battling for control. Related Reading: Aster Forms Bullish Hammer At Key Support – Reversal Setup? The mood across the market remains cautious as traders weigh the potential for further downside. Some....
The broader market is in decline, and like many top cryptocurrencies, Dogecoin (DOGE) faces bearish pressure with volatile price movements. Given its currently weak position, many have considered selling off their bags. With this in mind, a crypto analyst has outlined his sell-off strategy, highlighting key Fibonacci levels that could serve as optimal exit points. […]
Crypto market liquidations have not slowed down since bitcoin’s crash had dragged the rest of the market down with it. Now that the digital asset has crashed below $23,000, the liquidations have quickly ramped up. By Monday, liquidations had quickly crossed $500 million. Before the end of the day, the number had barreled above $1 […]