Markets | Amazing Crypto

Buy the dip? Bitcoin price risks losing $30K as traders ‘manage risk’

Some well-earned miner profit-taking combines with a natural pause in the Bitcoin bull run to see the market revisit essential support levels.

The previous record of 1.5 billion USDT was set the week before last.

Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.

Bitcoin’s crash Monday came alongside a bounce in the Dollar Index.

High or low, Bitcoin is still being shaken out of small investors and flowing to “millionaire” wallets, data confirms this week.

High or low, Bitcoin is still being shaken out of small investors and flowing to “millionaire” wallets, data confirms this week.

Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend.

A strengthening dollar combines with profit-taking by miners to create a “short-term bearish” environment for Bitcoin.

The DeFi sector is booming again and the need for fast, scalable, Ethereum alternatives has sent Solana (SOL) trading volume to record-highs.

The company had a total value of $6.2 million a year ago.