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Bitcoin swiftly reversed direction this week after soaring expectations for new highs gave way to weakening price movement below $120,000, signaling the possibility of further declines.
Bitcoin’s price chart indicates there could be further downside following a stumble on Monday, with Bitcoin falling 2.6% over 24 hours, a crypto analyst said.
“Quite ugly daily candle,” MN Trading Capital founder Michael van de Poppe said in an X post on Monday, after Bitcoin
BTC
$118,740
fell 2.6% from $122,200 to about $119,000 within the 24-hour timeframe.
Investors had been hoping for a new all-time high after an early Monday Bitcoin surge.
Bitcoin swiftly reversed direction this week after soaring expectations for new highs gave way to weakening price movement below $120,000, signaling the possibility of further declines.
Bitcoin’s price chart indicates there could be further downside following a stumble on Monday, with Bitcoin falling 2.6% over 24 hours, a crypto analyst said.
“Quite ugly daily candle,” MN Trading Capital founder Michael van de Poppe said in an X post on Monday, after Bitcoin
BTC
$118,740
fell 2.6% from $122,200 to about $119,000 within the 24-hour timeframe.
Investors had been hoping for a new all-time high after an early Monday Bitcoin surge.
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#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_LG8E2
#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_LG8E2
#SwingTradingStrategy
Bitcoin (BTC) Price Today
Bitcoin price stood at $104,272.92, registering a 24-hour loss of 0.77 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 91.73 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,505.90, marking a 24-hour dip of 0.74 percent at the time of writing. Ethereum price in India stood at Rs 2.26 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 1.94 percent, as per CoinMarketCap data, currently priced at $0.1681. Dogecoin price in India stood at Rs 15.26.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 1.01 percent. At the time of writing, it was trading at $84.36. LTC price in India stood at Rs 7,525.59.
Ripple (XRP) Price Today
XRP price stood at $2.14, seeing a 24-hour dip of 0.97 percent. Ripple price in India stood at Rs 188.
Solana (SOL) Price Today
Solana price stood at $144.55, marking a 24-hour loss of 1.37 percent. SOL price in India stood at Rs 13,480.37.
$BTC
Bitcoin (BTC) Price Today
Bitcoin price stood at $104,272.92, registering a 24-hour loss of 0.77 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 91.73 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,505.90, marking a 24-hour dip of 0.74 percent at the time of writing. Ethereum price in India stood at Rs 2.26 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 1.94 percent, as per CoinMarketCap data, currently priced at $0.1681. Dogecoin price in India stood at Rs 15.26.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 1.01 percent. At the time of writing, it was trading at $84.36. LTC price in India stood at Rs 7,525.59.
Ripple (XRP) Price Today
XRP price stood at $2.14, seeing a 24-hour dip of 0.97 percent. Ripple price in India stood at Rs 188.
Solana (SOL) Price Today
Solana price stood at $144.55, marking a 24-hour loss of 1.37 percent. SOL price in India stood at Rs 13,480.37.
$BTC
#Tradingpairs101
This happened during a bigger drop in BTC’s price. In just an hour, Bitcoin experienced a sell-off, moving from above $104,800 to intraday lows near $103,800 before a minor recovery. The downward trend was shown by a few red candles in a row, which is a sign of ongoing selling pressure instead of a sudden spike in volatility.
And of course, beyond Bitcoin, there was a lot of liquidation activity across the market. Ethereum (ETH) had the highest total at $6.43 million, followed by Solana (SOL) at $2.65 million. Smaller-cap assets, including 1000PEPE futures, also saw liquidations in the hundreds of thousands.
According to data from CoinGlass, more than $22.6 million were liquidated in the same one-hour window and 95% of this was long exposure. This points to a heavily bullish market bias before the unwinding occurred.
In the last 24 hours, total liquidations hit $204.56 million. Long positions accounted for $144.53 million of that figure, with shorts making up the remaining $60.03 million. During that time, 90,800 traders were liquidated.
The biggest single order was on HTX, where a BTC-USDT position worth $2.21 million was closed.
$USDC
This happened during a bigger drop in BTC’s price. In just an hour, Bitcoin experienced a sell-off, moving from above $104,800 to intraday lows near $103,800 before a minor recovery. The downward trend was shown by a few red candles in a row, which is a sign of ongoing selling pressure instead of a sudden spike in volatility.
And of course, beyond Bitcoin, there was a lot of liquidation activity across the market. Ethereum (ETH) had the highest total at $6.43 million, followed by Solana (SOL) at $2.65 million. Smaller-cap assets, including 1000PEPE futures, also saw liquidations in the hundreds of thousands.
According to data from CoinGlass, more than $22.6 million were liquidated in the same one-hour window and 95% of this was long exposure. This points to a heavily bullish market bias before the unwinding occurred.
In the last 24 hours, total liquidations hit $204.56 million. Long positions accounted for $144.53 million of that figure, with shorts making up the remaining $60.03 million. During that time, 90,800 traders were liquidated.
The biggest single order was on HTX, where a BTC-USDT position worth $2.21 million was closed.
$USDC
#BinancePizzaVN
The cryptocurrency rally, which resumed late last month, is fast gathering pace, with Bitcoin (BTC) hitting a new high on Thursday morning. Bitcoin surpassed $111,000 for the first time to hit a new all-time high. Interestingly, the jump in Bitcoin came despite the broader market ending lower on Wednesday.
Bitcoin had a robust 2024. Experts predicted that the cryptocurrency has the potential to surpass $140,000 once global tensions ease. The ongoing Bitcoin rally is being driven by easing global tensions and hopes of the Federal Reserve resuming rate cuts later this year.
$BTC
The cryptocurrency rally, which resumed late last month, is fast gathering pace, with Bitcoin (BTC) hitting a new high on Thursday morning. Bitcoin surpassed $111,000 for the first time to hit a new all-time high. Interestingly, the jump in Bitcoin came despite the broader market ending lower on Wednesday.
Bitcoin had a robust 2024. Experts predicted that the cryptocurrency has the potential to surpass $140,000 once global tensions ease. The ongoing Bitcoin rally is being driven by easing global tensions and hopes of the Federal Reserve resuming rate cuts later this year.
$BTC
https://app.binance.com/uni-qr/cpos/24023401086066?r=1085184501&l=en&uco=D1CSKdTlfph50buMcgqSGA&uc=app_square_share_link&us=copylink
#ETHCrossed2500
Bitcoin finally reclaimed the price mark of $100,000 on May 8 after more than three months.
Ethereum also reclaimed the $2,000 mark after more than a month.
The price rally comes amidst the latest developments around the tariffs escalated by President Donald Trump.
$ETH
Bitcoin finally reclaimed the price mark of $100,000 on May 8 after more than three months.
Ethereum also reclaimed the $2,000 mark after more than a month.
The price rally comes amidst the latest developments around the tariffs escalated by President Donald Trump.
$ETH
#ETHCrossed2500
#CryptoComeback
After weeks of sideways consolidation and uncertainty, Ethereum appears to have flipped a major psychological and technical corner. Bullish momentum in the past five days has caused Ethereum’s price action to surge past the $2,200 level with conviction, rising more than 32% in the past seven days alone. The breakout comes as Bitcoin crossed the six-figure mark again, lifting the broader crypto market along with it.
According to technical analysis of Ethereum’s daily candlestick chart, this rally is more than just a reaction to Bitcoin; it is the start of a new long-term uptrend.
$ETH
#CryptoComeback
After weeks of sideways consolidation and uncertainty, Ethereum appears to have flipped a major psychological and technical corner. Bullish momentum in the past five days has caused Ethereum’s price action to surge past the $2,200 level with conviction, rising more than 32% in the past seven days alone. The breakout comes as Bitcoin crossed the six-figure mark again, lifting the broader crypto market along with it.
According to technical analysis of Ethereum’s daily candlestick chart, this rally is more than just a reaction to Bitcoin; it is the start of a new long-term uptrend.
$ETH
#CryptoComeback
#BTCBackto100K
#TradeStories
#MEMEAct
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to rise above the $102,000 mark early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the green across the board as the overall Market Fear & Greed Index stood at 70 (Greed) out of 100, as per CoinMarketCap data. Virtuals Protocol (VIRTUAL) became the biggest gainer, with a 24-hour jump of nearly 36 percent. Four (FORM) turned out to be the biggest loser today, with a 24-hour dip of nearly 8 percent.
The global crypto market cap stood at $3.22 trillion at the time of writing, registering a 24-hour jump of 5.01 percent.
Bitcoin (BTC) Price Today
$BTC
Bitcoin price stood at $102.761.77, registering a 24-hour jump of 3.79 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 79.69 lakh.
Ethereum (ETH) Price Today
$ETH
ETH price stood at $2,213.62, marking a 24-hour gain of 16.52 percent at the time of writing. Ethereum price in India stood at Rs 1.52 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 7.85 percent, as per CoinMarketCap data, currently priced at $0.1939. Dogecoin price in India stood at Rs 14.54.
Litecoin (LTC) Price Today$
$LTC
Litecoin saw a 24-hour gain of 3.22 percent. At the time of writing, it was trading at $94.85. LTC price in India stood at Rs 7,401.74.
Ripple (XRP) Price Today
XRP price stood at $2.29, seeing a 24-hour jump of 4.82 percent. Ripple price in India stood at Rs 182.86.
Solana (SOL) Price Today
Solana price stood at $162.16, marking a 24-hour gain of 7.50 percent. SOL price in India stood at Rs 12,333.74.
#
#BTCBackto100K
#TradeStories
#MEMEAct
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to rise above the $102,000 mark early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the green across the board as the overall Market Fear & Greed Index stood at 70 (Greed) out of 100, as per CoinMarketCap data. Virtuals Protocol (VIRTUAL) became the biggest gainer, with a 24-hour jump of nearly 36 percent. Four (FORM) turned out to be the biggest loser today, with a 24-hour dip of nearly 8 percent.
The global crypto market cap stood at $3.22 trillion at the time of writing, registering a 24-hour jump of 5.01 percent.
Bitcoin (BTC) Price Today
$BTC
Bitcoin price stood at $102.761.77, registering a 24-hour jump of 3.79 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 79.69 lakh.
Ethereum (ETH) Price Today
$ETH
ETH price stood at $2,213.62, marking a 24-hour gain of 16.52 percent at the time of writing. Ethereum price in India stood at Rs 1.52 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 7.85 percent, as per CoinMarketCap data, currently priced at $0.1939. Dogecoin price in India stood at Rs 14.54.
Litecoin (LTC) Price Today$
$LTC
Litecoin saw a 24-hour gain of 3.22 percent. At the time of writing, it was trading at $94.85. LTC price in India stood at Rs 7,401.74.
Ripple (XRP) Price Today
XRP price stood at $2.29, seeing a 24-hour jump of 4.82 percent. Ripple price in India stood at Rs 182.86.
Solana (SOL) Price Today
Solana price stood at $162.16, marking a 24-hour gain of 7.50 percent. SOL price in India stood at Rs 12,333.74.
#
#meme_coin
#MEMEAct
Chinese consumers spent 180.27 billion yuan ($24.92 billion) during this year’s May Day holiday, marking an 8 per cent increase compared to the same period in 2024.
Despite the uptick, overall spending remained below pre-COVID levels, highlighting lingering weakness in the broader economic recovery, reported Reuters.
The five-day break, one of the most important on China’s holiday calendar, is often viewed as a key signal of household sentiment and discretionary spending strength in the world’s second-largest economy.
According to China’s Ministry of Culture and Tourism, domestic travel saw a 6.5 per cent rise, with 314 million trips recorded. Usage of Weixin Pay, one of the country’s most widely used digital payment platforms, also climbed by over 10 per cent year-on-year, particularly in restaurant-related transactions. Still, a closer look at individual spending reveals muted enthusiasm: per capita outlay edged up by just 1.5 per cent to 574.1 yuan—still short of the 603.4 yuan average seen in 2019.
Meanwhile, cinema revenues declined significantly. The box office brought in 747 million yuan during the holiday, representing roughly half the takings of the same period last year.
$TRUMP
$XRP
#MEMEAct
Chinese consumers spent 180.27 billion yuan ($24.92 billion) during this year’s May Day holiday, marking an 8 per cent increase compared to the same period in 2024.
Despite the uptick, overall spending remained below pre-COVID levels, highlighting lingering weakness in the broader economic recovery, reported Reuters.
The five-day break, one of the most important on China’s holiday calendar, is often viewed as a key signal of household sentiment and discretionary spending strength in the world’s second-largest economy.
According to China’s Ministry of Culture and Tourism, domestic travel saw a 6.5 per cent rise, with 314 million trips recorded. Usage of Weixin Pay, one of the country’s most widely used digital payment platforms, also climbed by over 10 per cent year-on-year, particularly in restaurant-related transactions. Still, a closer look at individual spending reveals muted enthusiasm: per capita outlay edged up by just 1.5 per cent to 574.1 yuan—still short of the 603.4 yuan average seen in 2019.
Meanwhile, cinema revenues declined significantly. The box office brought in 747 million yuan during the holiday, representing roughly half the takings of the same period last year.
$TRUMP
$XRP
#USHouseMarketStructureDraft
#BinanceLaunchpoolSXT
#TradeStories
#StrategicBTCReserve
Bitcoin (BTC) Price Today
Bitcoin price stood at $96,428.03, registering a 24-hour jump of 2.19 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 79.69 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,828.58, marking a 24-hour gain of 1.46 percent at the time of writing. Ethereum price in India stood at Rs 1.52 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 1.44 percent, as per CoinMarketCap data, currently priced at $0.1719. Dogecoin price in India stood at Rs 14.54.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 10.65 percent. At the time of writing, it was trading at $91.38. LTC price in India stood at Rs 7,401.74.
Ripple (XRP) Price Today
XRP price stood at $2.14, seeing a 24-hour jump of 1.15 percent. Ripple price in India stood at Rs 182.86.
Solana (SOL) Price Today
Solana price stood at $145.84, marking a 24-hour jump of 0.80 percent. SOL price in India stood at Rs 12,333.74.
$BTC
$BNB
#BinanceLaunchpoolSXT
#TradeStories
#StrategicBTCReserve
Bitcoin (BTC) Price Today
Bitcoin price stood at $96,428.03, registering a 24-hour jump of 2.19 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 79.69 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,828.58, marking a 24-hour gain of 1.46 percent at the time of writing. Ethereum price in India stood at Rs 1.52 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 1.44 percent, as per CoinMarketCap data, currently priced at $0.1719. Dogecoin price in India stood at Rs 14.54.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 10.65 percent. At the time of writing, it was trading at $91.38. LTC price in India stood at Rs 7,401.74.
Ripple (XRP) Price Today
XRP price stood at $2.14, seeing a 24-hour jump of 1.15 percent. Ripple price in India stood at Rs 182.86.
Solana (SOL) Price Today
Solana price stood at $145.84, marking a 24-hour jump of 0.80 percent. SOL price in India stood at Rs 12,333.74.
$BTC
$BNB
#BitcoinReserveDeadline
Bitcoin (BTC) Price Today
$BTC
Bitcoin price stood at $94,416.80, registering a 24-hour loss of 1.63 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 79.69 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,805.31, marking a 24-hour loss of 2.10 percent at the time of writing. Ethereum price in India stood at Rs 1.52 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 1.79 percent, as per CoinMarketCap data, currently priced at $0.1725. Dogecoin price in India stood at Rs 14.54.
$BTC
$ETH
Bitcoin (BTC) Price Today
$BTC
Bitcoin price stood at $94,416.80, registering a 24-hour loss of 1.63 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 79.69 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,805.31, marking a 24-hour loss of 2.10 percent at the time of writing. Ethereum price in India stood at Rs 1.52 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 1.79 percent, as per CoinMarketCap data, currently priced at $0.1725. Dogecoin price in India stood at Rs 14.54.
$BTC
$ETH
#BitcoinReserveDeadline
Bitcoin continues to hold steady near the $94,000 mark as the broader crypto market shows signs of both resilience and hesitation. Over the past week, BTC touched highs of nearly $98,000 before pulling back, reflecting cautious optimism amid macroeconomic shifts and geopolitical uncertainty. With market sentiment hovering in the ‘neutral’ zone and institutional interest remaining strong, traders are closely watching the Fed’s upcoming rate decision for cues. Meanwhile, altcoins are witnessing mixed movements, and Bitcoin's rising dominance signals a shift toward safer bets in a volatile market
$SOL
$BTC
Bitcoin continues to hold steady near the $94,000 mark as the broader crypto market shows signs of both resilience and hesitation. Over the past week, BTC touched highs of nearly $98,000 before pulling back, reflecting cautious optimism amid macroeconomic shifts and geopolitical uncertainty. With market sentiment hovering in the ‘neutral’ zone and institutional interest remaining strong, traders are closely watching the Fed’s upcoming rate decision for cues. Meanwhile, altcoins are witnessing mixed movements, and Bitcoin's rising dominance signals a shift toward safer bets in a volatile market
$SOL
$BTC
#binanceEarnYieldArena
#Write2Earn
Shiba Inu broke above the local descending trendline and moved prices to around $0.00001354, showing the first indications of a possible reversal. Years of consolidation around the $0.0000122 support zone, which served as a base during increased whale outflows, preceded this move.
A bullish crossover in the RSI, which is currently above 50 and increasing volume support, suggests a change in sentiment. A shift in momentum is indicated by this, positioning SHIB to test the 50-day EMA, which is presently trading close to $0.0000142, its next crucial technical level. It may be possible to break and hold above this resistance, opening the way to the 100 EMA and the psychological threshold at $0.0000160.
However, since SHIB is still trading below the 200 EMA and the trend structure is still bearish overall, on longer time frames, caution is still necessary. An intriguing element to the current price movement is the on-chain activity from earlier in the week, especially the 5.54 trillion SHIB outflow by large holders on March 20.
$ETH
#Write2Earn
Shiba Inu broke above the local descending trendline and moved prices to around $0.00001354, showing the first indications of a possible reversal. Years of consolidation around the $0.0000122 support zone, which served as a base during increased whale outflows, preceded this move.
A bullish crossover in the RSI, which is currently above 50 and increasing volume support, suggests a change in sentiment. A shift in momentum is indicated by this, positioning SHIB to test the 50-day EMA, which is presently trading close to $0.0000142, its next crucial technical level. It may be possible to break and hold above this resistance, opening the way to the 100 EMA and the psychological threshold at $0.0000160.
However, since SHIB is still trading below the 200 EMA and the trend structure is still bearish overall, on longer time frames, caution is still necessary. An intriguing element to the current price movement is the on-chain activity from earlier in the week, especially the 5.54 trillion SHIB outflow by large holders on March 20.
$ETH
#Write2Earn
#FedWatch
Ethereum, the second-largest cryptocurrency by market capitalization, is known for its fluctuating gas fees, which typically rise and fall based on network congestion. However, the current decline in transaction fees reflects a substantial slowdown in on-chain activity rather than just a temporary dip. This has raised widespread concerns about decreasing network demand.
Over the years, the Ethereum mainnet has faced significant scalability challenges, prompting the adoption of a rollup-centric roadmap that offloads most on-chain activity to Layer 2 solutions. This shift has also led to the migration of users, protocols, and on-chain activities to alternative blockchain networks such as Solana, Avalanche, and Binance Smart Chain.
$ETH
$
#FedWatch
Ethereum, the second-largest cryptocurrency by market capitalization, is known for its fluctuating gas fees, which typically rise and fall based on network congestion. However, the current decline in transaction fees reflects a substantial slowdown in on-chain activity rather than just a temporary dip. This has raised widespread concerns about decreasing network demand.
Over the years, the Ethereum mainnet has faced significant scalability challenges, prompting the adoption of a rollup-centric roadmap that offloads most on-chain activity to Layer 2 solutions. This shift has also led to the migration of users, protocols, and on-chain activities to alternative blockchain networks such as Solana, Avalanche, and Binance Smart Chain.
$ETH
$
#2024withBinance
#Write2Earn $ETH
https://www.binance.com/year-in-review/2024-with-binance?ref=544642592
#Write2Earn $ETH
https://www.binance.com/year-in-review/2024-with-binance?ref=544642592
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