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Tag: Crypto Market

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Why Is the Crypto Market Up Today?

In Brief Total crypto market cap gained $28 billion, reaching $2.82 trillion, but resistance at $2.93 trillion must break for further growth. Bitcoin recovered to $87,179, aiming to hold $87,041 as support to push toward $92,005; failure may send it back to $82,761. AAVE surged 16%, now testing $198 as support; flipping $235 into support…
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Why Is the Crypto Market Down Today?

In Brief The crypto market cap dropped $109 billion to $2.77 trillion, with risks of falling to $2.50 trillion if bearish trends persist. Bitcoin struggles at $85,000; failure to hold this support could push BTC to $80,313, while a rebound may target $89,800. Bitget Token (BGB) hit a 2-month low at $3.96; reclaiming $4.12 could…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap dropped by $45 billion to $2.89 trillion but is attempting to reclaim $2.93 trillion for potential recovery. Bitcoin hit a low of $86,000 before rebounding to $89,000; reclaiming $89,800 as support could shift momentum toward $92,005. Raydium (RAY) fell 15.8% to $2.52; holding $2.45 support is crucial, while…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap dropped $43 billion, falling below $3.16 trillion, with risks of declining to $3.09 trillion if bearish pressure persists. Bitcoin holds the $95,869 support level but remains vulnerable; a drop to $93,625 could trigger broader market sell-offs. Jupiter (JUP) fell 9.7%, struggling at $0.84; failure to reclaim $0.96 could…
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Why Is the Crypto Market Up Today?

In Brief The total crypto market cap has risen by $77 billion, breaking above $3.16 trillion resistance, signaling bullish potential. Bitcoin faces resistance at $100,000, impacted by broader economic concerns; stronger sentiment needed for a sustained push. PancakeSwap (CAKE) surges 56%, but faces resistance at $3.13; breaking this could lead to further gains, while failure…
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Why Is the Crypto Market Down Today?

In Brief The crypto market lost $53 billion, falling below $3.09 trillion, with $3.00 trillion as the next critical support level. Bitcoin dropped to $95,489, with further decline possible to $93,625 unless it reclaims $95,869 for a potential recovery. Onyxcoin (XCN) fell 10%, holding above $0.0184 support; a break above $0.0237 could signal recovery. The…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap holds at $3.12 trillion but must break $3.16 trillion to confirm bullish momentum and target $3.28 trillion. Bitcoin is testing $97,421 support; reclaiming $100,000 could spark a rally to $105,000, while failure risks a drop to $95,668. XCN plunged 14% to $0.0258, nearing key $0.0237 support; a rebound…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap dropped to $3.15 trillion, testing $3.10 trillion support; further losses could follow if this level breaks. Bitcoin holds above $95,668 but risks dropping to $93,625; reclaiming $100,000 could restore bullish momentum. Pudgy Penguins (PENGU) fell 11% to $0.0117, nearing an all-time low; breaking $0.0147 resistance could signal recovery.…
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Why Is the Crypto Market Down Today?

In Brief The crypto market cap dropped by $125 billion, now at $3.16 trillion, as macroeconomic challenges keep sentiment weak. Bitcoin struggles below $100,000; a drop below $95,668 could push it further down, while reclaiming $100,000 may trigger recovery. Lido DAO’s 9% drop invalidated a bullish pattern, leaving it vulnerable to further losses unless it…
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Why Is the Crypto Market Up Today?

In Brief The crypto market cap rose by $85 billion to $3.27 trillion, aiming to reclaim $3.28 trillion support for continued recovery toward $3.49 trillion. Bitcoin climbed 3.3% to $100,930, holding $100,000 support. A breakout past $105,000 could push BTC toward its $109,588 all-time high. Onyxcoin (XCN) surged 25%, targeting $0.0500 resistance. Holding $0.0237 support…
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