Financial Insights That Matter
Bitcoin (BTC) price hovers around $101,700 on Wednesday after declining for four consecutive days since Saturday. Ethereum (ETH) price follows BTC’s footsteps, closing below its key level, hinting at a correction ahead. Ripple (XRP) is sliding toward its ascending trendline support; a close below would lead to a decline.
Litecoin price consolidated above the $110 mark on Tuesday buoyed by positive swings in US regulatory pendulum towards altcoins ETF. On-chain data shows LTC continues to attract new buyers, despite recent volatile market movements.
Dogecoin (DOGE) is down 4% following Bitwise’s Dogecoin exchange-traded fund (ETF) filing with the Securities & Exchange Commission (SEC) on Tuesday. The top meme coin risks a 37% decline if it breaks a triangular channel’s support level.
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