Polkadot consolidates before new all-time highs
Polkadot price shows that it may not experience a steep retracement if there is a pullback in the cryptocurrency market. A pullback is still likely, but the move would be within the recently traded price action range. Therefore, Polkadot may be positioning for a breakout earlier than the rest of the market, continuing its behavior as a cryptocurrency market leader.
VeChain price breakout towards $0.25 has just begunVeChain price breakout towards $0.25 has just begun
VeChain price crushed expectations during the Monday trading session, exploding higher with an incredible 13% gain. However, the spike yesterday created a somewhat extended move, indicating a likely pullback or consolidation phase. Support is likely to be found near the $0.15 - $0.16 levels.
AVAX to pull back and find support before Avalanche smashes through $100
AVAX price has made substantial gains over the past two weeks. It took traders forty-five days of consolidation to eventually push AVAX above its prior all-time high of $74 to the new all-time high at $97. Just short of $100 is where sellers came in. A pullback is very likely before AVAX can burst through the $100 value area.
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Crypto bloodbath: $325 billion market cap vanishes amid selling pressure
The Kobeissi Letter reports on Tuesday a $325 billion wipeout in the crypto market capitalization since Friday. Additionally, Bloomberg reports that Citadel Securities, a firm with $65 billion in assets, is exploring a role as a Bitcoin and crypto liquidity provider.
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Bitcoin edges below $90,000, ending its long streak of consolidation
Bitcoin (BTC) continues to trade in red, reaching a low of $88,200 during Tuesday’s early Europen trading session and hitting the lowest level since mid-November after falling 4.89% the previous day.
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Shiba Inu holders unload 61.5 billion tokens in the last ten days
Shiba Inu price hovers around $0.000013 on Tuesday after dropping nearly 12% the previous day. Supply Distribution data shows that whale wallets have decreased SHIB holdings in the last ten days.
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XRP eyes further downside as Trump to implement tariffs on Mexico, Canada, in March
Ripple's XRP joined the wider crypto market decline, plunging nearly 10% on Monday following President Donald Trump reiterating that the US will kick off tariffs on Mexico and Canada.
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Bitcoin: BTC demand and liquidity conditions remain weak
Bitcoin price has been consolidating between $94,000 and $100,000 since early February, hovering around $98,000 at the time of writing on Friday. Despite this consolidation, US Bitcoin spot ETFs data recorded a total net outflow of $489.60 million until Thursday, hinting signs of weakness among institutional investors.
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