Bitcoin’s price rose back above the short-term holder’s realized price, leading analysts to say that the BTC bull run may continue.
Friday’s flash crash reduced short-term risk appetite; it didn’t affect Bitcoin’s long-term potential, though it may have delayed a new all-time high by weeks or months.
XRP’s price recovery followed the market crash, suggesting aggressive buying on the dips in anticipation of further price gains.
Zcash price technicals hint at a potential 25% breakout toward $336 in October, despite long-term correction fears and an already significant rally for ZEC.
ETH price sharply recovered as market fears eased and derivatives stabilized, suggesting that a return to $4,500 could be Ether’s next stop.
Several altcoins, including ATOM and IOTX, briefly hit zero on Binance during Friday’s crypto crash but stayed afloat elsewhere.
Bitcoin’s $16,700 drop on Friday triggered $5B in futures liquidations, exposing a fragile market structure and renewed volatility despite this year’s spot BTC ETF-driven optimism.
BTC’s price decline is relatively less severe than what occurred before significant reversals in the past, suggesting that Bitcoin may continue its uptrend.
Bitcoin struggled to regain momentum as traders stayed cautious, gold hit record highs, and US-China trade tensions fueled a broader market sell-off.
Circular AI investments among Nvidia, OpenAI and AMD have shown similarities to the dot-com bubble, which could spill over to harm the crypto market.