Trading

A dam with rushing water (Rahul Pabolu/Unsplash)
DeFi Locked Value Falls to Yearly Low, $27B Lost Over the Weekend
The drop is likely due to falling token prices and risk-off sentiment in the broader market, analysts said.
A dam with rushing water (Rahul Pabolu/Unsplash)

Bitcoin weekly price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Breaking Down, Support at $30K
A weekly close below $36,247 could yield further downside targets.
Bitcoin weekly price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

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DeFi Tokens Are April's Biggest Losers as Revenues Fall; Memecoins Outperform
April saw bearish sentiment despite being a historically favorable month for cryptocurrencies.
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Bitcoin liquidations led losses in the futures market. (Lisa Runnels/Pixabay)
Bitcoin Liquidations Lead $400M in Futures Losses After Drop to $35.7K
The crypto market saw its highest amount of liquidations so far this month.
Bitcoin liquidations led losses in the futures market. (Lisa Runnels/Pixabay)

Bitcoin's daily price chart shows support/resistance with the 20-day moving average of trading volume below. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Dips Below $38K, Support at $30K-$32K
BTC is in danger of breaking below a short-term uptrend.
Bitcoin's daily price chart shows support/resistance with the 20-day moving average of trading volume below. (Damanick Dantes/CoinDesk, TradingView)

A shiba inu dog (EyeEm/Getty Images)
Dogecoin, Shiba Inu Underperform Broader Crypto Market Despite Fundamental Growth
Adoption and usage of the two tokens failed to move prices by much even as the crypto market added 5%.
A shiba inu dog (EyeEm/Getty Images)

The Federal Reserve's building in Washington (Lance Nelson/Getty Images)
Cardano, Avalanche Lead Fed-Driven Crypto Rally, Traders Still Wary of Long-Term Recovery
Crypto markets added nearly 5% to their overall capitalization in the past 24 hours after broader markets jumped following Fed's interest rate hike.
The Federal Reserve's building in Washington (Lance Nelson/Getty Images)

The largest cryptocurrency rose 1.94% in the past 24 hours to around $38,931 as of press time.
Bitcoin Higher Ahead of FOMC Announcement
The bitcoin price rises as traders await 2 p.m. ET rate announcement from Federal Reserve's monetary policy committee.
The largest cryptocurrency rose 1.94% in the past 24 hours to around $38,931 as of press time.

Bitcoin's daily price chart shows support/resistance with RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Downtrend Stabilizes, Resistance at $40K-$43K
Expect choppy price action within the current trading range.
Bitcoin's daily price chart shows support/resistance with RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)