Bitcoin, the leading cryptocurrency, continues to see volatility with major price points being at risk; significant profit-taking is affecting the market, indicating a $140k point as crucial for potential upticks.
Bitcoin also faces technical resistance that needs to be cleared for a 25% rally, as per a strategist. Other leading cryptocurrencies like
Polkadot's DOT, Litecoin, and ATOM are also experiencing an upside momentum, signaling bullish potential.
Dogecoin is another crypto making headlines, showing an upward trend and breaking key resistance. It also outshined Bitcoin and Ethereum in a notable
onchain metric. Cryptocurrency
Pi Coin's price fell on Pi2Day, however, investors hold the potential to reverse this.
Blackrock's move towards cryptocurrencies may influence Bitcoin pricing. Similarly,
Stablecoin's entry to the market and liquidity may determine its success, while its role is being questioned by
BIS and
Democrats.
Hardware wallet Ledger has launched a new recovery feature and
Coinbase playing a big role in the Secret Service's biggest-ever crypto seizure and also gaining on hopes following U.S-Iran Ceasefire news. There are uncertainties, however, due to sudden falls and hacking incidents, with
Hacken token being an example.
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