The crypto market’s recent recovery faded on Friday as a sharp sell-off erased nearly all weekly gains. Investors turned cautious amid concerns over President Trump’s upcoming tariffs scheduled for April 2 along with stronger-than-expected core PCE data. With Bitcoin facing rising selling pressure below $85,000, it’s on track for its worst quarter since 2018, allowing analysts to speculate whether it might finish March below the critical $80,000 level.Bitcoin to Face Worst Q1 Since 2018Bitcoin’s price has sharply declined over the past several hours. According to Coinglass data, nearly $90.56 million in BTC positions were liquidated, including $79.3 million from buyers…
Author: cryphedge
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Amid the bearish market sentiment, a crypto whale found Ethereum (ETH) to be an ideal investment option and bagged millions worth of the asset. Today, March 29, 2025, the on-chain analytics firm Lookonchain posted on X (formerly Twitter) that a crypto whale has bought 3,195 ETH worth $5.97 million.Ethereum Whale Buys $58 Million of ETHThe average purchase price of ETH was around $1,868. Besides this, the same whale appears to be accumulating ETH on a large scale. Data reports that since March 26, 2025, the crypto whale has purchased 29,341 ETH worth $58.18 million at an average price of $1,983.This…
Bitcoin has slipped to $82,516.97, down 1.55% in 24 hours, triggering concerns of a deeper correction. But according to Samson Mow, this breakdown is a “bear trap”—a fakeout designed to flush out weak hands before a larger move higher.Mow remains firm on his $1 million BTC target, arguing the recent sell-off doesn’t reflect fundamentals. Bitcoin still holds a $1.64 trillion market cap, with 19.84 million BTC in circulation. Two words: bear trap.— Samson Mow (@Excellion) March 28, 2025 While Mow sees upside ahead, charts tell a different story. BTC has broken below a symmetrical triangle, with the former support at…
SUI has gained 6% this week, outperforming broader market weakness while maintaining support above an ascending trendline near $2.29. Despite a sharp 10.17% decline in the past 24 hours, the price remains technically supported by concentrated buying activity at key levels.Now trading at $2.30, SUI/USDT has stabilized at the intersection of trendline and horizontal support, maintaining its short-term upward structure. The Relative Strength Index (RSI) has rebounded from an oversold reading of 27, indicating a potential pause or reversal in the recent selloff.While downward pressure remains below the 50-period EMA, a decisive move above $2.40 could shift momentum toward the…
During the ongoing bearish market sentiment, Pepe (PEPE), the world’s third-largest meme coin, has lost its key support and is poised for a massive price drop. Meanwhile, on March 29, 2024, blockchain-based on-chain analytics firm Lookonchain posted on X (formerly Twitter) that an OG PEPE holder—an early investor in the meme coin—has dumped billions of tokens, raising concerns about a significant price decline.Crypto Whale Dumps 150 Billion PEPEIn a post on X, Lookonchain noted that amid this market decline, a whale sold 150 billion PEPE tokens worth $1.14 million on the Binance cryptocurrency exchange.The post further mentioned that, so far,…
Shiba Inu is showcasing a tempered growth outlook amid a broader market drawdown. Despite this outlook, market analysts are confident a rally is lurking for SHIB. Shiba Inu (SHIB) is currently on analysts’ radar with a forecast of a potential rally despite the current market outlook. In a recent post, a top crypto analyst, World of Charts, suggested that SHIB could see its price grow 2x, reaching $0.0000340 in the coming days. Notably, the prediction is based on growing market interest in Shiba Inu. On-chain data shows strong technical signals pointing to a potential breakout. Per the update, investors are…
The cryptocurrency market has failed to live up to expectations throughout the year so far. Although favorable regulation in a host of markets is expected, prices have not followed the optimism. However, even with Ripple falling below $2.20 to end the week, experts still appear bullish on XRP for notable reasons.Ripple made headlines this month when the US Securities and Exchange Commission (SEC) decided to drop its years-long legal battle with the crypto firm. Indeed, there are many who are expecting the asset to surge in value, but the big question is: when will that increase take place?Source: Watcher GuruAlso…
After the high volume wallets gained a massive 201% turnover last quarter, the Cardano price has witnessed an unstable price pattern. On the flip side, a new AI entrant, IntelMarkets, has been smashing milestones with its fast-selling presale rally. Most ADA holders are now buying this $0.09 AI coin for maximum profit opportunities, which has surged by 620% since its launch. Cardano Price Prediction & Technical Analysis After recovering more than 4% this week, the Cardano price is trading near the $0.74 range today. As the eighth-largest crypto by market cap, ADA has been consolidating within a tight range between…
Shiba Inu faces short-term declines but long-term growth projections remain strong. SHIB could reach $0.001 by 2031 with 100% annual growth based on current trends. Market inflows and outflows significantly influence Shiba Inu’s price movements. Shiba Inu ($SHIB) has experienced major challenges in recent months during a general downturn in the crypto market. Despite a five-day winning streak that boosted SHIB’s price to $0.00001567 on March 26, the meme coin remains more than 27% below its February high. As investors remain concerned about its short-term price movements, some believe that long-term growth is still achievable. The price of $SHIB rose…
