Features Crypto News by Thebittimes.Com

The Bitcoin price plunged over 6% in the last 24 hours to trade at $93,632.92 as of 10:00 p.m. EST as investors offload their holdings in the crypto on the market. The drop in the BTC price comes after US President Donald Trump signed an executive order imposing 25% tariffs on imports from Mexico and Canada, and a 10% duty on China, which will come into effect on Tuesday. Bitcoin Price Clinging To Support 4-hour chart for BTC/USDT (Source: TradingView) The Bitcoin price plunged below the $98,063.55 support in the last 24 hours and is now resting on the next crucial support at $93,904.24. BTC already broke below this technical mark in the last couple of hours, but buyers are trying to defend the level. Should bears overpower bulls in the coming 12 hours, the Bitcoin price could end up falling to as low as $89,135.77. On the other hand, BTC closing the next 2 4-hour candles above $93,904.24 might lead to a rebound. In this alternative scenario, the Bitcoin price could end up tryi...

Best Wallet ($BEST) is defying the ‘Decembear’ downturn, adding $500k in just four days to catapult its presale past $5.5 million on Christmas Eve. While mid-December has dampened bullish momentum in the crypto market, Best Wallet has remained a magnet for new investors, drawing them to its native token, $BEST, at a discounted price. Currently, $BEST is available at $0.023325 per token, but that is set to increase in the next 20 hours – lock in your $BEST tokens now. Despite ‘Decembear’ Downturn, There Are Signs Of A More Bullish 2025 From peaking at $108,268 on December 17, Bitcoin ($BTC) has shed 12.59% of its value, now trading at $94,637.99 as of writing. A major factor behind this drop is the Fed’s hawkish outlook, projecting only two rate cuts in 2025 after its third reduction in 2024, which lowered the federal funds rate to a range of 4.25% to 4.5%. Altcoins have mirrored Bitcoin’s movemen...

The Vana price dropped 4% in the last 24 hours to trade at $22.93 as of 11:14 p.m. EST on trading volume that skyrocketed to $2.8 billion. Vana Price On A Sustained Bearish Trend The Vana price experienced a sharp upward spike earlier, reaching a peak near $46 before collapsing. After the sharp decline, the price formed a rounded bottom pattern, recovering to $36. However, the upward momentum failed, and the price fell steeply again, currently trading at $22.93. The steep decline has brought the Vana price well below the 50-day SMA ($29.77), signaling a strong bearish sentiment. The price of Vana is now consolidating near the $22.00–$23.00 range, where short-term support may form, according to data from GeckoTerminal .  Meanwhile, the Relative Strength Index (RSI) is currently at 26.32, deep in the oversold territory (below 30). This suggests that the asset is highly oversold, and a short-term bounce or relief rally could occur as buyers step in. If selling pressure pers...

The Cardano price has tumbled 3% in the last 24 hours to trade at $1.16 as of 11:23 a.m. EST on a 25% pump in trading volume to $1.9 billion. This comes after Cardano Foundation’s X account was compromised on December 8 by a threat actor promoting a fake “ADAsol” token and claiming that the foundation would halt support for Cardano’s ADA due to a lawsuit from the US Securities and Exchange Commision (SEC). Cardano Foundation X account has been hacked. There is no SEC lawsuit and $ADA will not be shut down or burned. Please stop liking and retweeting those tweets. pic.twitter.com/2QawLbYG7Y — Sssebi🦁 (@Av_Sebastian) December 8, 2024 The ADAsol token generated approximately $500K in trading volume and rapidly crashed by 99%, after which Cardano founder Charles Hoskinson confirmed the hack in social media posts. Cardano Price Could Still Soar From Here The ADA/USD chart displays a strong uptrend, particularly noticeable in the steep rally beg...