The post Solana Price Crash: Can SOL Price Overcome The Crash And Reach Back New Highs? appeared on BitcoinEthereumNews.com. Solana (SOL), one of the prominent cryptocurrencies, has been experiencing dramatic price fluctuations. Recently, SOL price faced a sharp decline of over 30%, reaching a critical support level of $118. Amidst this downturn, some analysts predict […]

The post Bitcoin Price Plummeted to Below $53,000, Ether Hits Lows It Has Not Seen Since December appeared on BitcoinEthereumNews.com. In a shocking turn of events over the weekend, spurred by mass bitcoin selloffs on Sunday, its price took a tremendous nosedive. Bitcoin’s value dropped by over 12% on Monday morning, going from over $60,000 […]

The post US ISM Services PMI improves to 51.4 in July appeared on BitcoinEthereumNews.com. ISM Services PMI climbed to 51.4 in July, returning to the expansion territory. US Dollar Index rebounds from the vicinty of 102.00. The business activity in the US service sector surprised to the upside and returned to the expansion zone (above […]

The post PlanB’s Stock-To-Flow model off by $130k, Bitcoin trades below trend since 2021 appeared on BitcoinEthereumNews.com. PlanB’s Stock-to-Flow (S2F) model, known for predicting Bitcoin’s price based on scarcity, has faced scrutiny as the digital asset’s value has remained below the model’s expectations since 2021. The S2F model, which correlates the increasing scarcity of Bitcoin […]

The post Tron Founder Justin Sun Bursts Rumors of Leverage Trading Liquidations appeared on BitcoinEthereumNews.com. The 18% drop in the broader crypto market over the past 24 hours has sent major shockwaves leading to huge liquidations in the leveraged positions. With the Ethereum price tanking over 20%, several rumors started floating that Tron founder Justin […]

The post New Cryptocurrency Under $0.01 Set to Surpass Shiba Inu (SHIB) appeared on BitcoinEthereumNews.com. Shiba Inu’s burn rate has increased by 482%, briefly raising expectations of a price rally. Despite this, SHIB’s value has continued to decline, prompting analysts to see more potential in MoonTaurus (MNTR), a new Shiba Inu rival. MoonTaurus is currently […]

The post Justin Sun Liquidation Rumors Debunked Amid The Sudden Fall Of ETH Price appeared on BitcoinEthereumNews.com. Key Points: Justin Sun denies rumors of liquidation and emphasizes minimal use of leveraged trading. Despite rumors, Sun’s losses were due to Ether’s price drop, not liquidation, and he announced a $1 billion fund to combat FUD. Justin […]

The post Could Solana Hit $1000 Before BNB? New Presale Token With Revenue Share Capturing The Crypto Space’s Eyes appeared on BitcoinEthereumNews.com. Solana and Binance Coin (BNB) are in a race to reach $1000. While Binance Coin (BNB) has an initial price advantage, Solana’s ecosystem growth could see it overtake BNB in 2024. Meanwhile, Rollblock […]

The post United States ISM Services PMI registered at 51.4 above expectations (51) in July appeared on BitcoinEthereumNews.com. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy […]

The post Analysis Suggests BTC Is Poised for Short-Term Rebound after Overselling appeared on BitcoinEthereumNews.com. Coinspeaker Analysis Suggests BTC Is Poised for Short-Term Rebound after Overselling Recent market indicators suggest that Bitcoin (BTC) may be on the verge of a short-term rebound following a period of significant overselling. An analysis of various market metrics points […]