SAIF CRYPTO
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#MarketDownturn
The wave of decline in cryptocurrencies continues.. Bitcoin costs futures traders $440 million
The cryptocurrency fell to the level of $63,000 for these reasons!
Bitcoin's decline to the level of $63,000, down 12% in 7 days and more than 7% during Tuesday's trading, led to losses of more than $440 million for futures traders, with major liquidations on the Binance exchanges.
Renowned cryptocurrency analyst Michael van de Poppe warned investors of Bitcoin's downward skew, indicating potential downward pressure on the cryptocurrency.
Reasons for going down
Bob highlighted the upcoming Federal Open Market Committee (FOMC) meeting scheduled for tomorrow, Wednesday, which will have a major impact on the cryptocurrency market.
On the other hand, the Bank of Japan ended the era of negative interest rates, and for the first time in 17 years it raised interest rates.
This is accompanied by record outflows from the Gray Scale Fund. Bitcoin's decline caused more than $440 million to be liquidated for cryptocurrency futures traders betting on rising prices. Some are expected
Data indicates that most of the liquidations took place on Binance, worth $212 million
#Binance
#bitcoin
#BTC
#Crypto
The wave of decline in cryptocurrencies continues.. Bitcoin costs futures traders $440 million
The cryptocurrency fell to the level of $63,000 for these reasons!
Bitcoin's decline to the level of $63,000, down 12% in 7 days and more than 7% during Tuesday's trading, led to losses of more than $440 million for futures traders, with major liquidations on the Binance exchanges.
Renowned cryptocurrency analyst Michael van de Poppe warned investors of Bitcoin's downward skew, indicating potential downward pressure on the cryptocurrency.
Reasons for going down
Bob highlighted the upcoming Federal Open Market Committee (FOMC) meeting scheduled for tomorrow, Wednesday, which will have a major impact on the cryptocurrency market.
On the other hand, the Bank of Japan ended the era of negative interest rates, and for the first time in 17 years it raised interest rates.
This is accompanied by record outflows from the Gray Scale Fund. Bitcoin's decline caused more than $440 million to be liquidated for cryptocurrency futures traders betting on rising prices. Some are expected
Data indicates that most of the liquidations took place on Binance, worth $212 million
#Binance
#bitcoin
#BTC
#Crypto
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Pepe Coin Price Prediction: Low open interest signals investor warning
Pepe currency price analysis
BPPS7 L0T3G
Throughout the week, Pepe Coin has seen low volatility in an attempt to stay above the psychological level of $0.00001. Despite supply pressure from the broader market.
However, the near-term trend in Pepe remains bearish as new higher and lower lows continue to develop. The downward path is led by a binary slope trend line indicating the formation of a flag pattern.
This chart pattern is known to trigger a temporary downtrend and renew exhausted upward momentum for the next jump
From the recent peak of $0.00001725. The price of the coin has fallen by 34% to currently trade at $0.000011, while the market cap has fallen to $4.72 billion. Despite the 5% intraday jump, PEPE price saw a 6.7% decline in trading volume. Which indicates a lack of interest
Likewise, open interest in Pepe has declined significantly. Coinglass recorded a decline from $189.51 million in late May to $107 million now. This represents a decrease of approximately 43.5%. Note that this significant decrease in open interest indicates a decline in trader commitment or liquidity in the market for Pepe.
$PEPE
#pepeâŁď¸
#pepecoinđ¸
#PepeCoinToTheMoon
#Binance
#bitcoin
Pepe currency price analysis
BPPS7 L0T3G
Throughout the week, Pepe Coin has seen low volatility in an attempt to stay above the psychological level of $0.00001. Despite supply pressure from the broader market.
However, the near-term trend in Pepe remains bearish as new higher and lower lows continue to develop. The downward path is led by a binary slope trend line indicating the formation of a flag pattern.
This chart pattern is known to trigger a temporary downtrend and renew exhausted upward momentum for the next jump
From the recent peak of $0.00001725. The price of the coin has fallen by 34% to currently trade at $0.000011, while the market cap has fallen to $4.72 billion. Despite the 5% intraday jump, PEPE price saw a 6.7% decline in trading volume. Which indicates a lack of interest
Likewise, open interest in Pepe has declined significantly. Coinglass recorded a decline from $189.51 million in late May to $107 million now. This represents a decrease of approximately 43.5%. Note that this significant decrease in open interest indicates a decline in trader commitment or liquidity in the market for Pepe.
$PEPE
#pepeâŁď¸
#pepecoinđ¸
#PepeCoinToTheMoon
#Binance
#bitcoin
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A sudden collapse of the PEPE coin removes it from the list of the 20 largest digital currencies.. Is the rise over?
The meme coin (PEPE) has seen a sharp decline of 15% over the past few days, causing it to overtake Litecoin (LTC) in terms of market capitalization and drop out of the list of the top 20 cryptocurrencies.
Although the price of PEPE rose significantly in May, the currency saw a noticeable decline in the last days of the month. The month started at $0.0000061, and by the beginning of this week, the value of the cryptocurrency had nearly tripled to exceed $0.0000170.
Since hitting this peak on Monday, the value of the toad coin has fallen sharply to around $0.0000143. Which means that its value has decreased by more than 15% compared to its highest level.
Despite the sudden drop in the price of PEPE, the coin's trading volume has increased significantly over the past 24 hours. It reached $2.47 billion, an increase of 216% from the beginning of the month.
This increase in trading volume indicates increased interest among traders in the currency, despite the recent decline in its price.
#PEPE
#pepecoinđ¸
#pepeâŁď¸
#Binance
#bitcoin
$PEPE
The meme coin (PEPE) has seen a sharp decline of 15% over the past few days, causing it to overtake Litecoin (LTC) in terms of market capitalization and drop out of the list of the top 20 cryptocurrencies.
Although the price of PEPE rose significantly in May, the currency saw a noticeable decline in the last days of the month. The month started at $0.0000061, and by the beginning of this week, the value of the cryptocurrency had nearly tripled to exceed $0.0000170.
Since hitting this peak on Monday, the value of the toad coin has fallen sharply to around $0.0000143. Which means that its value has decreased by more than 15% compared to its highest level.
Despite the sudden drop in the price of PEPE, the coin's trading volume has increased significantly over the past 24 hours. It reached $2.47 billion, an increase of 216% from the beginning of the month.
This increase in trading volume indicates increased interest among traders in the currency, despite the recent decline in its price.
#PEPE
#pepecoinđ¸
#pepeâŁď¸
#Binance
#bitcoin
$PEPE
See original
PEPE price. Pepe live price is $ 0.00001 per (PEPE /Â USD) today with current market cap of $ 4.41B USD. The 24-hour trading volume is $ 846.61M USD. The price of Pepe in USD is updated instantly.
Amid the growing optimism in the memes cryptocurrency sector. Pepe coin has emerged as a prominent player in the cryptocurrency market today, March 14. With its price increasing by approximately 16%. Investors show strong confidence in this currency.
However, despite the rise in the price of PEPE as well as in the broader cryptocurrency meme space. Some investors use it as an opportunity to make profits. at recent days . One such event caught the attention of analysts and traders alike, as a major Pepe holder may have decided to cash in on his holdings.
PEPE Whales Dump 500 Billion Tokens The cryptocurrency meme sector was buzzing with excitement. But recent actions by a prominent meme whale have changed the narrative. This was revealed by Spot On Chain, a popular on-chain analytics company. An important step was made by a whale, which deposited an amazing amount of 500 billion PEPE tokens in Binance. And he is likely to make big profits in the process.
The trader, identified by wallet address 0x522eâŚ28472. In a calculated move, likely taking advantage of the recent rise in Pepe's value.
Amid the growing optimism in the memes cryptocurrency sector. Pepe coin has emerged as a prominent player in the cryptocurrency market today, March 14. With its price increasing by approximately 16%. Investors show strong confidence in this currency.
However, despite the rise in the price of PEPE as well as in the broader cryptocurrency meme space. Some investors use it as an opportunity to make profits. at recent days . One such event caught the attention of analysts and traders alike, as a major Pepe holder may have decided to cash in on his holdings.
PEPE Whales Dump 500 Billion Tokens The cryptocurrency meme sector was buzzing with excitement. But recent actions by a prominent meme whale have changed the narrative. This was revealed by Spot On Chain, a popular on-chain analytics company. An important step was made by a whale, which deposited an amazing amount of 500 billion PEPE tokens in Binance. And he is likely to make big profits in the process.
The trader, identified by wallet address 0x522eâŚ28472. In a calculated move, likely taking advantage of the recent rise in Pepe's value.
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