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Here’s Why Bitcoin, ETH, BNB, SHIB Prices Falling Sharply

CoinGape LogoCoinGape10h ago

Here’s Why Bitcoin, ETH, BNB, SHIB Prices Falling Sharply - CoinGape

Quick Summary:

Following the last week of upside, Bitcoin (BTC) along with the broader crypto market has come under selling pressure in the early trading hours on Monday.The BTC price is down 1.97% trading at $64,536 levels as the Japanese Nikkei 225 index slides nearly 5% today.

Amid these macro uncertainties, there’s strong anticipation that Bitcoin could repeat history with a strong BTC Q4 rally with traders already giving targets of $100K before the year-end.

It noted that currently there are 1.8 bullish posts for BTC for every bearish post.“Markets historically always move the opposite direction of crowd’s expectations,” noted Santiment.


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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 04:36:27 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 560 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22782536

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 7 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Here’s Why Bitcoin, ETH, BNB, SHIB Prices Falling Sharply" was covered 10 hours ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 7 news stories per day.

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