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Why The Crypto “Implosion” Won’t Stop Below $1T, Says Jim Cramer

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CNBC’s Jim Cramer is a controversial figure in the crypto space. The host of the popular show “Mad Money” has been moving back and forth on its position on the nascent asset class and has been leaning bearish on the recent price action.

Related Reading | Tesla Bitcoin Investment Dwindles By $ 440 Million As Crypto Winter Drags On

The total crypto market capitalization reached an all-time high near $ 3 trillion. A record for any industry with barely a decade old but has lost over 60% of its value since the start of 2022.  Read more...

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Bitcoin Falls Below $18,000 After Breaching The 2017 High

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Bitcoin extended losses below $ 18,000 after it breached a prior cycle’s all-time high for the first time in its history.

Bitcoin fell below a prior cycle’s all-time high for the first time ever today, breaching the $ 19,776 level.

The peer-to-peer currency had been struggling to maintain the $ 20,000 level over the past week as liquidation and liquidity woes plagued the market as lenders such as Celsius Network fell under extreme pressure.  Read more...

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Newsflash: Bitcoin Price Sinks Below $10,000; What’s Behind the 4-Digit BTC Norm?

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Within less than three weeks, since July 9, the bitcoin price has fallen from over $ 13,000 to below $ 10,000, which many investors regard as a key psychological level for the crypto asset. While the dominant crypto asset initiated a strong recovery on July 17 from around $ 9,200 to $ 10,600, it has struggled to climb above […]

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Crypto Bull Analyst Predicts Sharp Bitcoin Price Correction Below $10,000

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Since June 27, the bitcoin price has dropped from nearly $ 14,000 by more than 22 percent against the U.S. dollar in a relatively large pullback, leading the valuation of the crypto market to drop. $ BTC views update – Mid/long term bullish. -Short term bullish above 11500/11600, bearish below 11300.– R: 11800, 12000, 12300, 12500.– Key […]

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Newsflash: Bitcoin Price Crashes Below $10,000

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Well, that de-escalated quickly. Just nine days after breaching the five-figure mark for the first time in 2019, the bitcoin price has once again crashed below the $ 10,000 level. Bitcoin Price Slips to $ 9,950 The flagship cryptocurrency had been in a downtrend since peaking near $ 14,000 on June 26, suffering multiple major sell-offs en route […]

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Newsflash: Bitcoin Price Crashes Below $11,000 to Cap 20% Plunge

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The bitcoin price crashed below the $ 11,000 mark on Thursday, extending the vicious sell-off that began the previous day. Bitcoin Price Careens Down to $ 10,800   A suddenly-heavy BTC had struggled to defend the $ 12,000 mark for much of the morning, and around 12:00 pm ET traders capitulated to the stifling downward pressure. In just […]

The post Newsflash: Bitcoin Price Crashes Below $ 11,000 to Cap 20% Plunge appeared first on CCN Markets

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Traders: Bitcoin Trend Looking Ugly, Why a Slow Drop Below $3,000 is Expected

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In the last 24 hours, the crypto market has slightly declined by $ 2 billion in valuation as the Bitcoin price fell by one percent. The decline in the value of major crypto assets in the likes of Ripple (XRP) and Ethereum (ETH) which recorded drops in the range of three to five percent prevented the market from continue recovering. From January 30 to January 31, the crypto market seemed to be rebounding as its valuation rose from $ 111 billion to $ 115 billion. But, in the past 12 hours, the valuation fell back to $ 112 billion, unable to sustain its momentum.  Read more...

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Stellar (XLM) Drifts Below $0.10 as Support Gives Way

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The price of Stellar (XLM) recently breached support at $ 0.10 as the technicals of the now ninth-largest cryptocurrency have begun to breakdown. To read this article you must be a subscriber Members can login here. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed Premium members gain exclusive access to content that’s not available to the average reader, including breaking […]
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Bitcoin Could Fall Below $1,260 if the Bear Market Continues: JP Morgan Analysts

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By CCN.com: Wall Street firm JP Morgan has predicted that HODLers should expect to experience more pain if the crypto winter persists. According to JPMorgan analysts, the price of bitcoin could fall to as low as $ 1,260, Reuters reports. The same analysts have, however, estimated that bitcoin’s ‘cost support’ is at around the $ 2,400 level. … Continued

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$5 Billion Wiped Out of Crypto: Bitcoin Below $3,500 Could Spell Trouble

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By CCN.com: In the past 24 hours, the crypto market has experienced a slight decline in valuation from $ 224 billion to $ 219 billion as the Bitcoin price dropped to $ 3,500. Previously, traders said that a drop below the $ 3,500 mark could lead the price of Bitcoin to test key support levels in the low $ 3,000

The post $ 5 Billion Wiped Out of Crypto: Bitcoin Below $ 3,500 Could Spell Trouble appeared first on CCN

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Crypto Market Begins to Fall Rapidly Again: Bitcoin Below $3,500

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Bitcoin fell below $ 3,500 as $ 5 billion was wiped out of the crypto market, and major digital assets like Ethereum recorded a six percent drop against the U.S. dollar. The 4.8 percent drop in the combined valuation of all cryptocurrencies in the global market comes after a strong sell-off on January 11. Bitcoin Weakness Expected

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Volume of Crypto is Dropping, is Bitcoin Headed Below $3,000?

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In the last 48 hours, the volume of the crypto market has dropped from $ 15 billion to $ 13 billion as the Bitcoin price fell below the $ 3,600 mark. Analysts have started to demonstrate concerns regarding the declining volume of digital assets and the potential scenario of cryptocurrencies free falling without significant sell pressure from bears.

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Bitcoin Price Will Tank Below $3,000, Says Trader Who Predicts Mass Sell-Off

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The bitcoin price will crater below $ 3,000 amid a mass sell-off. That’s what futures trader Anthony Grisanti predicts about the ongoing Crypto Winter. “I’m looking for a move down to $ 3,000, which would represent a real weakness in this market,” Grisanti told CNBC. “It could be the driver that gets people to bail out of this and

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Trader: Crypto Investors Need to ‘GTFO’ if Bitcoin Price Falls Below This Level

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Mark Dow, a trader who shorted Bitcoin (BTC) from its all-time high at $ 19,500 to $ 3,500, said that the dominant cryptocurrency could be in trouble if it does not escape the $ 5,000 to $ 6,000 range in the short-term. Dow, who made headlines earlier this month for exiting his short position on Bitcoin, said that the

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$7 Billion Wiped Out of Crypto as Bitcoin Price Drops Below $4k Once Again

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In the past 24 hours, the crypto market recorded a loss of over $ 7 billion as its valuation dropped from $ 134 billion to $ 127 billion. The Bitcoin price declined below the $ 4,000 mark after surging to $ 4,100, struggling to maintain its newly found momentum. As the Bitcoin price dropped from $ 4,162 to $ 3,780 and demonstrated

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Bitcoin Price to Likely Avoid Drop Below $3k as Crypto Loses $14 Billion in 1 Week

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Over the past 48 hours, the Bitcoin price has stabilized at around $ 3,400 after dropping to a new yearly low at $ 3,210 on December 7. On a weekly basis, Bitcoin (BTC) is up six percent from $ 3,210 to $ 3,400 but the cryptocurrency market has lost $ 14 billion of its valuation against the U.S. dollar mostly

The post Bitcoin Price to Likely Avoid Drop Below $ 3k as Crypto Loses $ 14 Billion in 1 Week appeared first on CCN

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Bitcoin (BTC) Falls Below $4,000 as the Crypto Selloff Intensifies

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The price of Bitcoin (BTC) plummeted another 10% on Saturday, breaking through the $ 4,000 psychological level. Now, BTC is trading down over 12% to $  3,844, giving the cryptocurrency a $ 66.8 billion market cap and making it 53.6% of the $ 124.6 billion crypto market. Similarly, the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens, is currently […]
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Monday Massacre: Bitcoin Price Dives Below $5,000 as Support Levels Falter

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The bitcoin price kicked off this week on a depressive note, extending its current bearish bias to another low level. The BTC/USD index fell from 5502-fiat to 4886-fiat on Monday, recording more than 11 percent in losses. The price action bled through crucial support levels that had a history of reversing bearish trends. It confirmed

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Bitcoin Market Cap Slides Below $100 Billion as BCH Fork Spooks Investors

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It has been more than 24 hours since bitcoin scared investors with a sudden 10 percent drop. But there hasn’t been a concrete recovery action — yet. The bitcoin-to-dollar exchange rate has surged 2.21 percent from its previous low at 5291-fiat, now trading at 5408-fiat. The coin’s market cap has risen likewise but remains below

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Newsflash: Bitcoin Cash Price Careens Below $390 as Hard Fork Approaches

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The bitcoin cash price crashed below the $ 400 level on Thursday, less than two hours before the fourth-largest cryptocurrency’s network is expected to splinter into competing versions following a contentious hard fork. The crypto market had already been battered over the previous 48 hours, with every major cryptocurrency posting losses in excess of 10 percent

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