The crypto market is a sea of red, with the CoinDesk 20 Index down 5% in 24 hours and all members lower. Most major tokens continue to see capital outflows from futures market and persistent bias for protection against declines in the form of put options tied to BTC$109,280.84 and ETH$3,930.36 on Deribit. Friday’s U.S. … Read more
XRP’s push above $2.90 collapsed under heavy selling on Sept. 25, with a $277 million volume spike hammering price back to $2.75. The move erased more than $18 billion in market value over the past week and confirmed fresh resistance at $2.80, leaving traders bracing for a test of $2.70 support. News Background • XRP … Read more
Key metric tied to BlackRock’s Nasdaq-listed spot BTC$112,754.12 exchange-traded fund, IBIT, has been flashing warning signs for two straight months. IBIT’s one-year put-call skew, a measure of market sentiment or pessimism, flipped positive on July 25 and has remained comfortably above zero since then, according to data source Market Chameleon. That’s two straight months of … Read more
XRP endured a volatile 24-hour session from September 21 at 03:00 to September 22 at 02:00, swinging 3.46% between a $3.014 high and $2.910 low. The selloff coincided with the debut of the first U.S.-listed XRP ETF, which set records with $37.7 million in opening-day volume, but institutional profit-taking overwhelmed the bullish catalyst. News Background … Read more
Crypto market sentiment has slipped into Fear, with signs showing that investors are temporarily stepping back from moving further down the risk curve, according to sentiment sources. “It’s clear traders are less interested in obscure altcoins and are instead debating which major asset will break out next,” sentiment platform Santiment said in a report on … Read more
Bitcoin BTC$112,218.64 steadied near $111,600 on Friday morning, showing relative resilience even as macro jitters pulled global risk assets lower. Ether (ETH) slipped 0.7% to $4,330 while Solana’s SOL (SOL) added 1.3% to trade above $204. XRP XRP$2.8377 hovered near $2.81, flat on the day but up 3.5% over the week. The week’s backdrop has … Read more
Bitcoin BTC$110,995.91 is lower than it was 24 hours ago, down about 0.7%, but still firmly within the range that’s constrained it since the last week of August. The decline’s become a little more pronounced since midnight UTC, with a drop of about 0.9%. For the broader market, the CoinDesk 20 Index has fallen 1.3% … Read more
Bitcoin’s (BTC) slide into September comes with an uncomfortable reminder for traders that history is not on their side. The largest token by market capitalization has declined in nine of the last 14 September months, with an average monthly loss of around 12%. This seasonality looms large again in 2025. Bitcoin opened the week near … Read more
In a sharp reversal from last week’s euphoric record highs and $300,000 bitcoin price targets, some of crypto’s most followed traders are now warning of looming downside risks for both bitcoin and ether (ETH). Bitcoin is currently trading at $115,000, down nearly 3% overnight, but relatively comfortable within its recent $112,000 to $124,000 range. ETH, … Read more
Sentiment among crypto market participants has again turned bullish following a modest price increase in several major cryptocurrencies over the past 24 hours. The Crypto Fear & Greed Index rose to “Greed” on Thursday with a score of 62 out of 100, recovering from a drop into “Neutral” the day before. It followed several volatile … Read more