Altcoins Bleed Out against BTC as Selling Pressure Continues Mounting
Bitcoin has been on a wild ride throughout the past few weeks, and its parabolic growth trend is showing no signs of coming to an end anytime soon Where the market trends in the mid-term should depend largely on Bitcoin and whether it can sustain its upwards trajectory So far, altcoins have not been able […]
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Ethereum is facing mounting pressure after weeks of relentless selling and underwhelming price action. Since January, bulls have failed to regain control, and ETH has continued to bleed value in a market increasingly dominated by fear and uncertainty. With no clear signs of a reversal, the coming weeks could bring more pain for investors holding long positions. Related Reading: Solana Bears Eye $113 Target If Ascending Structure Breaks Down – Details Global financial markets remain on edge as trade war fears and geopolitical tensions intensify. This hostile macro environment has driven....
It has been a rough past few days for altcoins, with many posting capitulatory losses as Bitcoin continues struggling to garner any sustained upwards momentum that can send it past its $13,800 resistance. Despite the lack of momentum seen by BTC, it remains incredibly strong from a technical perspective, and there’s no real justification for […]
Selling pressure had been mounting on public bitcoin miners over the last couple of months. This was a direct result of the decline in the price of the digital asset, which saw the cash flow for bitcoin miners plummet significantly. It came out to an over 60% decline in profitability, and given that miners continue […]
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 […]
Solana has been under intense selling pressure since reaching its all-time high in late January. The price has struggled to regain momentum, facing negative sentiment as the meme coin market continues to decline, significantly impacting Solana’s ecosystem. Analysts suggest that speculative meme coin trading is one of the primary reasons altcoins, including SOL, have underperformed […]