XRP has seen some intense selling pressure throughout the past few days, with the ongoing downtrend seen by Bitcoin and the aggregated cryptocurrency market putting it at risk of seeing significantly further losses in the days and weeks ahead. One prominent analyst is now explaining that he believes the crypto is on the verge of…
DetailsIt’s not a secret that Bitcoin hasn’t done well over the past few days and weeks; since the weekend’s $9,200 peak, the cryptocurrency has lost nearly 18%, and since the $10,600 peak in February, BTC has shed over 25%. In the process of this brutal move, hundreds of millions worth of leveraged positions have been…
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Bitcoin (BTC) investors are heavily accumulating the cryptocurrency despite its ongoing downtrend, which could be a positive sign for the benchmark crypto’s macro outlook. This growth is elucidated while looking at the number of investors who hold over 1 BTC – commonly referred to as “wholecoiners” – which has been skyrocketing over the past several…
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