Zcash (ZEC) Dumps Below $1K, Bitcoin (BTC) Struggles at $74K After CPI Reading: Market Watch
ETH came inches away from dipping below $2,000 during yesterday's crash.
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Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato's Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain.
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ETH came inches away from dipping below $2,000 during yesterday's crash.
Bitcoin jumped past $81,000 last Wednesday. Yesterday, it tanked below $73,000 for the first time since the August breakout rally began.
The ETF outflows have skyrocketed as well, though.
ETH is close to breaking below $2,000, while XRP is knocking on the $1.00 door.
BTC's price was already under pressure ahead of the key announcement.
Here's what has to happen for BTC to reach true capitulation and reverse its long-term trajectory.
PIEVERSE and STABLE have skyrocketed the most today, both charting double-digit gains.
This was the company's largest BTC buy in several weeks. Separately, Strive has announced a minor bitcoin purchase.
ETH and XRP posted even more substantial losses on Monday morning.
The previous PI ATL was in June.
Bitcoin already started the week on the wrong foot, but things can deteriorate much further in the following five days.
Meanwhile, on-chain data shows that a massive ETH bull was liquidated for nearly $45 million.
The single-largest liquidated order was worth almost $50 million and involved the ETH/USDT pair.
The XRP ETFs experienced something they hadn't seen since August.
Almost $1.3 billion left the BTC ETFs in the past week alone.
Senate Dems plan to investigate JPM's historic relationship with Jeffrey Epstein. Bitcoin has no CEO to be in the Epstein files.
The report from Evernorth comes amid heated debates online abou the role of XRP.
There are a few exceptions since this time last week, including BTW and TRX.
Bitcoin mining difficulty has now remained below its all-time high for longer than at any point in the asset's history.
Several analysts are pointing to signs that buyers may already be positioning for what could become a long-anticipated reversal.
Brad Garlinghouse has pushed back against narratives claiming that XRP is not Ripple's main focus anymore.
The S&P 500 alone wiped out roughly $3 trillion in market value within a single trading session.
Can BTC's self-custody actually offer protection when trust in a banking institution suddenly breaks down?
Analyst Ali Martinez mapped out the next major downside levels for three of the leading cryptocurrencies if the market landscape worsens further.
ZEC is among the top performers today, while CC and RAIN have posted the most significant losses.
The month will culminate with an event that comes with a $200,000 prize pool.
The asset nosedived by $10,000 in 20 days.
Analysts are once again split on XRP's next move, with some calling a bottom, while others hinting at another potential leg down.
The total crypto market cap is down by roughly $200 billion in 10 days.
Expectations prior to the release claimed that the monthly growth would be around 59,000 jobs.
Wall Street joined the leg down as well, with the S&P 500 erasing $2.2 trillion in market cap in 40 minutes.
From ETF net flow updates to the latest XRP Ledger fix. Here's the latest within the broader Ripple ecosystem.
VVV is the other major loser today, while PIEVERSE has rocketed by double digits.
One of the worrisome factors come from entities linked to US President Donald Trump.
Well over 115,000 traders were wrecked on a daily scale.
VVV, PUMP, and INJ are among the other major gainers today.
One analyst believes the latest drop may have marked another local bottom near a key on-chain support level.
Intel (INTC) suffered one of its worst periods to date, with a massive nosedive.
XRP's Bollinger Bands are signalling a major move is right upon us.
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