Key Highlights: Bitcoin plunged briefly toward $80,000 before staging a modest recovery to trade near $81,200, raising questions about whether bullish momentum is fading. Alphractal founder Joao Wedson warned that altcoins may face outsized volatility and selling pressure, noting that altcoin outperformance historically reverses every 60 days back into BTC and stablecoins. Trace Finance CEO ...
Key Highlights Celestia ($TIA) demonstrated strong relative momentum, surging over 20% in a single day against broader market stagnation. Gains have been propelled by key technical developments, including Celestia Fibre’s 3.07Tb/s throughput and the Sustainable Blob Economy economic proposal. Technical indicators point to a potential structural reset if $TIA can secure a daily close above ...
Bitcoin Surges 30% in August as Analysts Debate Market Bottom Bitcoin staged a strong rally in August, surging by almost 30%. While some market participants believe the bear market has ended, others warn that the risk of a devastating plunge still hangs over the world’s largest crypto asset. Balanced Price Metric Suggests $38,400 Zone Alphractal ...
Bitcoin’s recent cryptocurrency market recovery has revived bullish expectations, but on-chain data suggests the market may still face further downside. Alphractal founder Joao Wedson said…