The Cardano (ADA) market has favored bullish momentum over the past 24 hours. During this rally, the ADA price swayed between an intraday high and low of $0.3789 and $0.3601, respectively. At press time, ADA continued in its uptrend, with the price changing hands at $0.3738, showing an increase of 3.05% from the intraday low price. At the same time, the market capitalization of ADA increased by 3% and its 24-hour trading volume had increased by 20% to $13,411,675. ADA’s Upward Trend Despite Market Fluctuations Cardano (ADA) is being resilient and rallying through all the swings in the market. The…

A precarious week is ahead for Bitcoin as recent price action is dubbed a “dead cat bounce” — traders fear another downturn. This makes the sentiment rather heavily bearish compared to last week’s close, which was the lowest in four months. Traders are worried about a “double top” formation that indicates BTC could dip below the $50,000 mark. The latest sell-off, prompted by actions of both the U.S. and German governments, coupled with Mt. Gox creditor reimbursements, has enhanced market fears. With #Bitcoin closing its weekly below the May low, the strength on Friday makes we think more of a…

Pepe (PEPE) price has been bullish in the last 24 hours after establishing support at the intra-day low of $0.000008976. Bulls soared the price to an intra-day high of $0.000009873 before facing stiff resistance. PEPE was trading at $0.00000925 at press time, a 1.22% surge from the intra-day low. PEPE/USD 1-day price chart (source: CoinMarketCap) During the recovery, PEPE’s market capitalization increased by 1.23% to $3,891,436,180, while the 24-hour trading volume dipped by 30% to $659,061,084. Recent Performance and Investor Sentiment Concurrently, over the last week, it has dived by more than 21%, and many investors have lost out massively.…

XRP price has remained bullish over the past 24 hours on recovery in the overall crypto market. In this, the XRP price has oscillated between the intraday high and low of $0.4346 and $0.4112, respectively. XRP/USD 1-day price chart (source: CoinMarketCap) At the time of writing, XRP was trading at $0.4344, showing an increase of 4.80% from the intraday low. As a result, XRP’s market capitalization rose by 4.70% to $24,215,539,925, and its 24-hour trading volume decreased by 56% and now amounts to $944,303,230—a sign of the current market trends. Institutional Interest and Whale Activity Recent data on institutional interest…

Bitcoin’s (BTC) price has risen in the last 24 hours after a bearish wave saw it plunge to an intraday low of $53,906.57. However, at press time, the Bitcoin price had recouped at $56,465.3, reflecting a 3.80% surge from the intraday lows. BTC/USD 1-day price chart (source: CoinMarketCap) Government Bitcoin Sales Minimal in Bull Market More recent data has indicated that the impact that Bitcoin offloads bring to the market is way smaller than initially believed. According to Ki Young Ju, founder and CEO of the on-chain analytics platform CryptoQuant, adding only about $9 billion from government-seized BTC sales brings…

In the broader context of the crypto market sell-off, the Notcoin (NOT) price dropped from an intraday high of $0.01216 to an intraday low of $0.009242 before finding support. The main reasons for this are the sell-off experienced last night on Bitcoin, the anticipation of more bearish trends following the Mt. Gox repayment plan, and the sell-off of their Bitcoin holdings by the German government. Source: CoinMarketCap Notcoin (NOT) still kept the bearishness at press time, exchanging hands at $0.009865, 16% below the resistance level. Such moves were also followed by the entire crypto market, which led to total capitalization…

In the past 24 hours, the price of Pepe (PEPE) has been in a bear zone that failed to break past the resistance level at $0.00001086. Following that, bears pushed the PEPE price to a new intraday low level of $0.000009667 before finding support. At the time of writing, PEPE was trading around $0.000009653, a decrease of about 11.15% from its intraday high. PEPE/USD 24-hour price chart (source: CoinMarketCap) For instance, during that bearish correction, the market capitalization of PEPE shed 11% to $4,057,937,692, while the 24-hour trading volume surged by 59% to $896,260,464. This volume increase would mean market…

Bitcoin price has been a volatile , and market participants are becoming somewhat restless. The price is printing its second bearish daily candle after failing to breach the $64,000 level during the most recent upswing. This made traders resume short positions—newer lows below $60,000. Bears’ activity indicates that Bitcoin and the entire market may face bearish pressure for an extended period. At the time of writing, Bitcoin (BTC) was trading at $60,921, which was 2.70% lower than the 24-hour peak of $63,015. BTC/USD 24-hour price chart (source: CoinMarketCap) BTC Short Positions Accumulate as Bears Dominate Over the weekend trade, Bitcoin…

Bonk (BONK) is one of the meme coins based on Solana, which has noted a surge in its market value. In the past week, BONK has jumped over 20%, currently trading at $0.00002376. With the trading volume over the last 24 hours pegged at $348,617,011 and a market capitalization of $1,769,817,187, these statistics are positive indicators of market interest in the token. Over the last 24 hours, BONK is observed to have appreciated by 7.70%. Source: CoinMarketCap Analysts attribute BONK’s performance to the overall positive market sentiment regarding the crypto sector, specifically Solana-based projects in anticipation of Spot Solana ETF.…

The institutional environment is one of the key factors that influence the acceptance and assessment of cryptocurrencies. Recently, 21Shares and VanEck submitted applications to the U.S. Securities and Exchange Commission (SEC) to launch Solana-based exchange-traded funds (ETFs). The ETFs are to be listed at the Cboe BZX Exchange, which in turn increases the chances of cryptocurrency to be included in the traditional financial systems. NEWS: GSR Markets, crypto market makers, suggest a Spot Solana ETF could increase the price of $SOL by 9 times to $1,350. How bullish are you on $SOL? Track $SOL price ➡️ https://t.co/5kWrddzSXk pic.twitter.com/NqEjYRR9HG — CoinGecko…