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Key points:Bitcoin is struggling again as gold retakes the limelight with week-to-date gains of nearly 5%.Bitcoin’s correlation with gold is under scrutiny amid ongoing macroeconomic shifts.Traders see a short-term slump…
The persisting crypto market bloodbath has seen notable shifts in market sentiment across major cryptocurrencies. Major buyers who have been holding top cryptocurrencies over the last 3–6 months are now…
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Trading activity and community engagement declineNew investor interest in Shiba Inu cools With the majority of Shiba Inu (SHIB) holders currently in losses, the popular meme coin is facing challenging…
Key Takeaways:The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While the consensus points to…
Tron (TRX) appears set to overtake Dogecoin (DOGE) as the eighth-largest cryptocurrency. Although both cryptocurrencies have experienced price declines in the past 24 hours, their market capitalization is closely matching…
Key Takeaways:The Bitcoin Risk-Off signal dropped to 23.7, its lowest since March 2019, indicating low correction risk and a high likelihood of a bullish trend developing.Despite the recent decline in…
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