ACH price risks fresh sell-off amid cypto downturn
The post ACH price risks fresh sell-off amid cypto downturn appeared on BitcoinEthereumNews.com.
The Alchemy Pay (ACH) price fell more than 8% in 24 hours as Bitcoin pulled back to $105k. ACH price is, however, struggling despite Alchemy Pay’s partnership with World Liberty Financial. Investors could see extended pain as the technical outlook favours another leg down. Alchemy Pay (ACH) price was down 8% in the past 24 hours despite Alchemy Pay striking a key partnership with Trump-backed World Liberty Financial. The altcoin’s drop alludes to sharp profit taking following recent gains that came amid the crypto payments network’s expansion in Australia. While a crypto downturn for major coins amid risk assets market uncertainty continues to dictate sentiment, could the integration with World Liberty Financial boost the price of ACH? Alchemy Pay integrates World Liberty Financial’s USD1 stablecoin On May 26, Alchemy Pay announced a major milestone with expansion in Australia. The crypto payment solutions provider revealed the integration of PayID, a local interbank payment service. News of the partnership briefly boosted ACH price, but its been downhill since early May when bears pushed bulls from above $0.030. But Alchemy Pay has announced a series of key integrations as it continues to expand its on/off-ramp solution. Other than adding support for crypto exchange XT.COM, Alchemy Pay also integrated a Celo blockchain-based, non-custodial stablecoin wallet, MiniPay. The move allows MiniPay users to access stablecoins such as USDT, USDC, and cUSD with their local fiat currencies. Latest on this list is the integration with World Liberty Financial, a DeFi project backed by US President Donald Trump’s family. For this partnership, Alchemy has added support for USD1, the US-dollar pegged stablecoin WLFI launched earlier in the year. Alchemy now supports on-ramp access to the stablecoin, adding another growth angle to the ACH-powered payments platform. “Users worldwide can now purchase USD1 with the payment option of their…
Filed under: News - @ May 30, 2025 1:25 pm