Tag Archives: Plunges

Bitcoin Network Activity Plunges to Yearly Lows as BTC Struggles Below $100K: CryptoQuant

Bitcoin Network Activity Plunges to Yearly Lows as BTC Struggles Below 0K: CryptoQuant

The Bitcoin network seems like a ghost town, with its activities falling to the lowest level in a year. A Bitcoin Network Activity Index from the market analytics platform CryptoQuant hovers around 3,760, the lowest since February 2024, indicating that activity on the leading blockchain has plunged 15% since its November 2024 record high. According to a weekly CryptoQuant report, …

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S&P Plunges on Inflation Fears

S&P Plunges on Inflation Fears

Advertisment The S&P 500 moved lower on Friday as recent consumer sentiment data fueled concerns around inflation. The Dow Jones Industrials lost 71.86 points to 44,675.77. The much-broader index dumped 12.15 points to 6,071.42 The tech-heavy NASDAQ gave back 100.74 points to 19,691.26. Amazon lost 2%, weighing on sentiment. Guidance from the e-commerce giant disappointed …

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ETH Price Plunges Below $2,800: Will Bulls Push for $3,400 Comeback?

ETH Price Plunges Below ,800: Will Bulls Push for ,400 Comeback?

Key Notes Market sentiment shifts bearish as futures traders favor short positions, though institutional investors maintain confidence through sustained ETF investments and major purchases. Layer-2 solutions and competitive blockchains challenge Ethereum’s dominance, while internal governance issues and the upcoming Pectra upgrade create uncertainty. The institutional backing remains strong with $487 million in ETF inflows since January 30, alongside strategic purchases …

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Shiba Inu (SHIB) Burn Rate Plunges 97.77% amid 18% Price Crash: What’s Next?

Shiba Inu (SHIB) Burn Rate Plunges 97.77% amid 18% Price Crash: What’s Next?

Key Notes Shiba Inu (SHIB) crashed a whopping 18% in the past 24 hours while its burn rate crashed a significant 97.77%. SHIB is trading at $0.00001449 with a 317% surge in trading volume and needs to reclaim $0.000020 as support level. Shytoshi Kusama dropped a 23-second video hinting that “something big is coming”. Shiba Inu SHIB $0.000015 24h volatility: …

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Dogecoin (DOGE) Plunges to $0.20: Is This the Bottom or More Pain Ahead?

Dogecoin (DOGE) Plunges to alt=

Dogecoin declined heavily below the $0.280 support against the US Dollar. DOGE is now recovering and might face hurdles near $0.270. DOGE price started a fresh decline below the $0.2850 and $0.2650 support levels. The price is trading below the $0.280 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.270 …

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Solana Plunges 12%, But This Pattern Could Mean Decline Isn’t Over Yet

Solana Plunges 12%, But This Pattern Could Mean Decline Isn’t Over Yet

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been …

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BTC Plunges Below $91K for the First Time Since November, Leaves $500M in Liquidations

BTC Plunges Below K for the First Time Since November, Leaves 0M in Liquidations

Just a few hours ago, bitcoin’s price was close to breaking above $96,000, but the bears took complete control of the market, and the asset dumped to its lowest level since November 26. The altcoins are in a state of freefall as well, with ETH beneath $3,100 and XRP under $2.4, while ADA, SUI, and many others have plummeted by …

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Apple’s Sleek and Powerful iPad Air 6 Plunges to Its Best Price

Apple’s Sleek and Powerful iPad Air 6 Plunges to Its Best Price

Apple’s new M2 iPad Air is a great choice for those who want an excellent blend of power and sleekness but at $599, it’s not exactly an impulse buy. If you’ve been on the fence before, the 11-inch with 128 GB storage is now on sale at Amazon and Best Buy for $100 off (17 percent). That means you’re getting …

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Tema plunges over 20%, AI Companies is up more than 66%

Tema plunges over 20%, AI Companies is up more than 66%

Tema may garner attention on social media with over 2.7 million TikTok fans tuning in to watch the beloved raccoon, but as a meme coin, it’s trending for the wrong reasons. Tema (TEMA), at last check Sunday, was down about 24% and trading at $0.04046. It currently has a market cap of $40.5 million, a circulating supply of more than …

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Crypto Trading Volume Plunges 64% In The Past Week — What’s Happening?

Crypto Trading Volume Plunges 64% In The Past Week — What’s Happening?

There was a good level of optimism in the crypto market heading into the past week, with many investors speculating on a potential “Xmas Rally” for Bitcoin. While the premier cryptocurrency did make a play for the $100,000 mark on Christmas day, it didn’t take long for the bears to resume control. It was pretty much the same story for …

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