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The Crypto Bloodbath Stalls: Is a Bottom In?
The relentless crypto bloodbath appears to have finally stalled, and signs suggest the market may have already posted a definitive bottom. Bearish acceleration had driven prices to stark troughs, with Bitcoin grazing the $80,000 level and altcoins suffering even steeper declines. XRP plunged below $2.00, Ethereum tested levels near $2,800, and Solana dropped to trade near $125. However, as key technical areas and Fibonacci retracements triggered interest from both opportunistic investors and algorithms, dip-buying has brought the Crypto Market higher to start the week. Bitcoin is now testing the $88,000 level, while ... (full story)