- Fully licensed and regulated US exchange
- Strong focus on security and compliance
- User-friendly interface for beginners
BTC/USD traded near 78,900.00 early Wednesday after briefly breaking above 81,000.00 for the first time since May. The price later slipped below 78,000.00 following the release of US inflation data. Bitcoin is still up approximately 24–25% since the beginning of August, with the monthly range extending from 62,232.00 to 81,142.00.
The cryptocurrency market is under heavy pressure as large-scale Bitcoin liquidations, extreme investor fear, and weak macroeconomic data continue to weigh on prices. Over the past 24 hours, the market has suffered a sharp decline in overall value.
After the sell-off in Bitcoin and Ethereum, the market is licking its wounds. Meanwhile, ETH whale Tom Lee is sitting on losses of nearly $6 billion.
The UAE central bank approves the country’s first USD-backed stablecoin
The cryptocurrency market is plunging rapidly, with panic spreading among investors. The sell-off continues: over the past few hours, Bitcoin briefly fell below the $75,000 mark. Since around 3:00 p.m., the price of the largest cryptocurrency has dropped by nearly 6%.
This week, the cryptocurrency market attempted a rebound, but most leading assets later gave up their gains: BTC is trading near 82,500.00 (–4.5%), ETH around 2,720.00 (–3.4%), USDT near 0.9995 (–0.03%), BNB at 840.00 (–2.6%), and XRP at 1.7470 (–5.0%). Total market capitalization fell below the key psychological threshold of $3.0 trillion, declining to $2.81 trillion, while Bitcoin’s dominance stood at 58.7%. At the same time, Bitcoin ETF holdings decreased by $978.0 million, and Ethereum ETFs by $74.2 million.
Last week, the ETH/USD pair corrected sharply lower in line with the broader market trend, reaching four-week lows around 2785.00 over the weekend. On Monday, prices recovered part of the previous losses, rising to the 2950.00 area; however, this rebound appears to be driven mainly by technical factors, as the medium-term fundamental backdrop for digital assets remains negative.
Last week, the BTC/USD pair declined sharply and during today’s session fell to the 86,000.00 level, holding near seven-week lows, as the cryptocurrency market came under pressure from several negative factors.
This week, the cryptocurrency market experienced a sharp downward correction; however, leading digital assets have now stabilized. BTC is trading around 89,600.00 (–6.1%), ETH near 2,950.00 (–11.6%), USDT around 0.9991 (–0.09%), BNB at 890.00 (–6.3%), and XRP near 1.9050 (–7.4%). Total market capitalization stands at $3.02 trillion, while Bitcoin’s market dominance has increased to 59.2%. At the same time, Bitcoin ETF balances declined by $1.220 billion, and Ethereum ETF balances fell by $559.0 million.
The SOL/USD pair had been trading within a prolonged downtrend, forming a corresponding descending channel. However, in mid-November, prices entered a sideways range of 150.00–125.00 (Murray level [6/8]), where they remain to this day. This week, the price reached the lower boundary of this range amid declining investor appetite for risk assets, triggered by statements from U.S. President Donald Trump regarding the possible annexation of Greenland. A breakdown below the 125.00 level could send the pair toward 107.40 (61.8% Fibonacci retracement, Murray level [1/8]) and 100.00 (Murray level [0/8]). Conversely, if the price consolidates above the middle Bollinger Band at 137.50 (Murray level [6/8]), upward momentum may resume toward the upper boundary of the sideways range at 150.00 and further to 162.50 (Murray level [+2/8], 38.2% Fibonacci retracement).
In a new report, BlackRock outlines potential investment themes for the future. Among the top contenders is Ethereum.
Bitcoin has been showing increased volatility for several weeks. Now a veteran of the financial markets is warning of a possible decline in the price to as low as $58,000.
Selling pressure on Bitcoin is intensifying, and experts are warning of a possible correction toward the $80,000 level. The cryptocurrency rebound is now under serious threat.
For crypto, the framework is similar to traditional financial markets but comes with its own twist. Here, price action turns on liquidity, adoption, regulation, and flows from institutions alongside retail sentiment. Network health—hash rate, staking, active wallets—adds another layer. Macro still matters too: rates, dollar strength, and risk appetite shape inflows and outflows. Then, as with any market, you use the chart—trend, support and resistance, momentum, and volume—to spot setups and manage risk.