Tahmid Habib
@tahadh
345 Following
51 Followers
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
The cryptocurrency market is currently experiencing notable volatility. Bitcoin (BTC) has fallen below the $90,000 mark, trading at approximately $88,893, a decline of over 20% from its January peak. This downturn is influenced by several factors, including economic uncertainties, recent geopolitical events, and significant security breaches within the crypto space. For instance,a major hack at the Bybit exchange resulted in the theft of $1.5 billion,primarily in Ethereum.
Ethereum(ETH) is trading around $2,489, while Solana(SOL) is at $143.53.Market analysts suggest that key support levels for Bitcoin are at $80,400 and $74,000, with resistance levels at $98,500 and $106,000.
In the institutional arena, Citadel Securities has announced plans to enter the cryptocurrency market-making sector, aiming to provide liquidity on global exchanges such as Coinbase, Binance, and Crypto.com. This move signifies a growing institutional interest in the crypto market, despite recent challenges. ๎cite๎turn0news11๎ 0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction