In the initial days of September 2024, the cryptocurrency market saw a 5% decline in its total value, prompting many investors to pause their trading activities. Despite the overall market downturn, crypto whales have been actively accumulating alternative cryptocurrencies, including Polygon (POL), Ethereum (ETH), and the frog-themed meme coin Pepe (PEPE). Polygon Ecosystem Token (POL) […]
Bitcoin might drop below the critical $50,000 mark this coming weekend, as noted by Arthur Hayes, the former CEO of crypto exchange BitMEX. In a recent post, Hayes expressed concerns about Bitcoin’s current momentum: “BTC is heavy, I’m gunning for sub $50k this weekend. I took a cheeky short. Pray for my soul, for I […]
Crypto market confidence has plunged, hitting its lowest point in over a month, sparking discussions of an imminent Bitcoin price downturn beneath the $50,000 mark possibly by this weekend. The Crypto Fear & Greed Index, which evaluates the overall mood in the cryptocurrency environment, dipped to 22, a level not observed since early August. Axel […]