NFT News Today TheBittimes.com

Bitcoin (BTC) touched lows near $58k as cryptocurrencies witnessed a sharp sell-off. 0DOG token tumbled amid Bitcoin’s losses. Bitcoin dived more than 6% in the past 24 hours to trade near $58,000. The crypto market capitalization also tumbled as a sea of red engulfed altcoins Major altcoins saw huge declines to push the total market cap down more than 7% to $2.16 trillion. Meanwhile, Bitcoin Dogs fell sharply as Ethereum, Solana, Pepe, and Polygon nosedived. Bitcoin slumps amid huge liquidations BTC briefly traded at lows of $58,090 on Bitstamp and $58,025 on Coinbase on Wednesday morning before a slight recovery pushed it to above $59.2k. While there hasn’t been a clear catalyst for the crypto sell-off, the widespread losses suggest a broader weakness for risk assets.  Santiment Analysis also suggests the latest retracement follows huge bets on upside momentum. The greed that hit the market on August 25 has seen a swift reaction in liq...

Bitcoin market volatility dries up as sideways trading cools bullish BTC price predictions in the near term. Bitcoin (BTC) drifted lower on March 25 as eerily calm conditions saw liquidations evaporate. BTC/USD 1-hour candle chart (Binance). Source: TradingView Bitcoin in "slow chop" until Monday Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it focused on $27,500 at the time of writing. After losing $28,000 the day prior, weekend trading offered little by way of its usual volatility as traders hoped for a break before resumption of TradFi markets. “Looking like a slow chop around the CME close price so far,” Daan Crypto Trades wrote in part of Twitter commentary. “Not expecting too much to happen with BTC during the weekend after last week's volatility.” Daan Crypto Trades referred to the closing price of CME Group Bitcoin futures markets, a level which could become significant in the event that volatility up or down appears before the start of...