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Tag: Market Down

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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 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 Down Today?

In Brief The total crypto market cap dropped by $57 billion to $3.19 trillion, testing $3.16 trillion as critical support. Bitcoin trades at $93,675, holding $93,625 support, with recovery to $95,668 needed to regain bullish momentum. THORChain (RUNE) fell 18% to $3.25, nearing $2.93 support, but recovery above $3.43 could reverse bearish trends. The total…
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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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