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Tag: Crypto Market

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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap dropped by $227 billion to $3.28 trillion; losing this support risks a decline to $3.16 trillion, while a bounce could target $3.49 trillion. Bitcoin fell 5.8% to $96,290, holding above $95,668 support; losing this level risks a drop to $93,625, while recovery targets $100,000. Celestia dropped 14% to…
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Why Is the Crypto Market Up Today?

In Brief The total crypto market cap surged by $77 billion to $3.49 trillion; holding this level could push it toward $3.64 trillion, while losing it risks a drop to $3.28 trillion. Bitcoin closed above $100,000 for the first time in three weeks, targeting $105,000 support; losing momentum risks a retreat below $100,000. Worldcoin rose…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap drops $50 billion to $3.27 trillion, stuck under $3.28 trillion resistance, with $3.10 trillion critical support. Bitcoin holds $93,625 support, aiming to reclaim $95,668 and target $100,000, but risks falling to $89,800 if bearish trends persist. Bitget Token slides 12% to $6.51, with $4.90 support crucial to prevent…
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Why Is the Crypto Market Up Today?

In Brief The total crypto market cap surged by $91 billion to $3.35 trillion, with $3.28 trillion now a key support for sustained bullish sentiment. Bitcoin reclaimed $95,668 as support and eyes $100,000 resistance; flipping this level could drive it toward $105,000. Meme coin FARTCOIN soared 51%, nearing its ATH of $1.30, but risks a…
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MARA Reports $125 Million Net Loss in Q3 Despite Bullish Crypto Market

In Brief MARA reports $125 million net loss in Q3, with a $92 million rise in operating costs year-over-year. Despite setbacks, MARA’s energized hash rate surged 93%, boosting operational potential amid challenging mining conditions. Following Trump’s re-election, MARA anticipates pro-crypto regulations, supporting future mining and diversification into AI. In its Q3 2024 shareholder letter, Bitcoin…
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Why Is the Crypto Market Down Today?

In Brief The crypto market cap dipped, unable to breach $2.40 trillion, facing potential support at $2.29 trillion amid cautious sentiment. Bitcoin pauses near ATH at $73,800; a further dip to $71,367 could delay a new high, though investor optimism may sustain the uptrend. Celestia fell 11%, losing $4.96 support; holding $4.52 is key, with…
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Why Is the Crypto Market Up Today?

In Brief The crypto market cap rose to $2.38 trillion, nearing $2.40 trillion resistance; surpassing this could lead to a $2.50 trillion target. Bitcoin is less than 2% away from its all-time high at $73,773, but a fallback to $71,367 support may delay the bullish rally. SUI’s 17% rise brings it to $2.08; breaching its…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap fell by $47 billion, dropping below $2.11 trillion and testing support at $2.08 trillion. Bitcoin’s price dropped to $60,947, but it holds above the critical $60,000 support level, with eyes on breaking $61,868. Aptos (APT) declined by 9%, trading at $8.42, with key support at $8.23. A recovery…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap lost over $50 billion amidst the concerns around the arrest of Telegram CEO Pavel Durov. Bitcoin’s price failed to breach the $65,300 resistance level, falling back down to test the $63,000 support. Telegram’s Notcoin saw one of the largest declines in the last 24 hours, inching closer to…
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Why Is the Crypto Market Up Today?

In Brief The total crypto market cap prevented a drop below $2.00 trillion over the last 24 hours. Bitcoin’s price noted minimal changes over the past day, trading under the $60,000 mark. 1000SATS price witnessed a massive run-up of 25%, reentering previously tested consolidation. The total crypto market cap (TOTAL) is attempting to recover and…
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