The crypto market is a sea of red, with the CoinDesk 20 Index down 5% in 24 hours and all members lower.
A $29.1 million ETH-USD long hit was indicative of the growing role of decentralized perpetual exchanges in driving liquidations.
Bitcoin fell, nearly erasing gains from Wednesday’s rebound, while ether slid more than 3% to trigger large liquidations.
Much will depend on the ability of bitcoin bulls to overcome important resistance levels at $113,500 and $115,000, one analyst said.
Analysts pointed to three key resistance price levels that could shape the cryptocurrency's near-term trend.
The decline followed a supposedly dovish Fed interest-rate cut, which was expected to weaken the dollar and encourage more risk-taking in crypto markets.
Impending Federal Reserve speeches and the upcoming PCE report could add to market volatility.
Impending Federal Reserve speeches and the upcoming PCE report could add to market volatility.
The regulator's move sets the stage for a wave of new crypto products coming to market, but that alone won’t drive demand, analysts cautioned.
Major cryptocurrencies rallied following the Federal Reserve's interest-rate cut, though some analysts remain cautious.
Bitcoin hit its highest point since Aug. 22 before retreating, while altcoins posted stronger gains.
Traders are anticipating increased volatility after Wednesday's Federal Reserve interest-rate decision.
The S&P 500 and Nasdaq reached record highs Monday, leaving BTC and other major tokens.
Bitcoin traded in the red having failed to establish a foothold above $116,000 as whales rotated more funds into ether.
The Fed is expected to cut rates by 25bps on Wednesday.
Heavy leverage in bitcoin derivatives has set up the market for potential downside cascades, with pockets of vulnerability looming if prices break lower.
Analysts remained optimistic saying they expect new lifetime highs in BTC and outsized gains in select few tokens, such as HYPE, SOL and ENA.
BTC's case for a rally to $120K strengthens with prices topping the 50-day SMA.
crypto experts maintain bullish outlook on bitcoin, focusing on impending Fed rate cuts and long-term structural bull run.
Market gains may accelerate if the CPI prints below estimates, strengthening the chance of a Federal Reserve rate cut.
BTC and ETH 25-delta risk reversals trade negative, indicating a bias for downside protection ahead of the inflation data.
Alphractal called Kospi's record high an incremental signal that bitcoin's bull run may be nearing an end.
Crypto edged higher with bitcoin near $114K and DOGE leading, while a CF Benchmarks model says BTC trades below fair value relative to money supply growth, a pattern that has preceded rallies.
CoinMarketCap's altcoin season index rose to almost 60% in a signal that the season is upon us.
Smaller tokens are having a blast as major cryptocurrencies recover from the decline late on Friday.
Total money market fund assets increased by $52.37 billion to $7.26 trillion for the week ended Sept. 3, according to the Investment Company Institute.
Altcoins like DOGE and SUI are rallying as the broader memecoin market shows signs of rejuvenation.
The U.S. jobs report revealed only 22,000 job additions in August, far below expectations, increasing the likelihood of a Fed rate cut. Still, BTC remains below $112K.
Implied volatility indexes suggest moderate price swings in major cryptocurrencies like bitcoin and ether, with larger changes in XRP and SOL.