menu
techminis

A naukri.com initiative

google-web-stories
source image

Cryptonews

1M

read

316

img
dot

Image Credit: Cryptonews

Price Suppression Fears Grow for Bitcoin as Altcoins, Memecoins Correct Sharply

  • Bitcoin's tight trading range and monthly decline have raised concerns about potential price suppression.
  • Market analysis shows a period of contraction and consolidation, with declining momentum in major assets including Ethereum and memecoins.
  • Institutional activity indicates a cooling trend, with lackluster performance of spot Bitcoin and Ether ETFs and reduced leveraged exposure in derivatives markets.
  • Analysts identify $92.5k as a critical threshold where many recent buyers could face unrealized losses, potentially triggering increased selling pressure and a change in market direction.

Read Full Article

like

19 Likes

For uninterrupted reading, download the app