Crypto Market Movers
By Maheen Hernandez
1 / 15
Bitcoin Hit by Whale Selling. Bitcoin, the world’s largest cryptocurrency, briefly fell below $109,214 after a single large…
2 / 15
Ethereum Retreats After All-Time High. Ethereum also faced strong selling pressure despite starting the week near a record high close to…
3 / 15
Altcoins Under Pressure. The broader market decline extended beyond Bitcoin and Ethereum. Solana dropped 11.
4 / 15
Fed Policy and Macro Environment Add to Volatility. The timing of the correction has also been linked to the uncertain macroeconomic backdrop.
5 / 15
Analysts Expect Ethereum to Outperform. Despite the current sell-off, analysts remain optimistic about Ethereum’s medium-term outlook.
6 / 15
Market Outlook. In the short term, volatility is likely to persist as traders digest whale activity, liquidation…
7 / 15
The global cryptocurrency market suffered a sharp decline on Tuesday, with major assets Bitcoin and Ethereum leading the downturn.
8 / 15
According to market trackers, the total crypto market cap fell 4.5% to $3.85 trillion, reversing part of the recent rally that had followed optimistic comments from Federal…
9 / 15
Bitcoin, the world’s largest cryptocurrency, briefly fell below $109,214 after a single large entity sold 24,000 BTC, worth about $2.7 billion.
10 / 15
The sell pressure comes after Bitcoin has been trading near record levels in recent weeks, boosted by institutional inflows and optimism surrounding potential rate cuts.
11 / 15
Ethereum’s retreat is being closely watched by traders because the asset has been showing relative strength compared to Bitcoin in recent weeks.
12 / 15
The broader market decline extended beyond Bitcoin and Ethereum. Solana dropped 11.6% to trade around $197, erasing much of its recent gains, while XRP slid 5.3% to $2.88.
13 / 15
Market observers noted that leveraged traders bore the brunt of the losses. When large whales trigger rapid price movements, over-leveraged positions are often liquidated…
14 / 15
The timing of the correction has also been linked to the uncertain macroeconomic backdrop. Just last week, Powell suggested at the Jackson Hole symposium that the Federal Reserve…
15 / 15
However, the optimism has since been tempered by lingering concerns about global tariffs, political tensions, and the possibility that the Fed may still wait for more data from…
The Currency Analytics
Want the full story?