Top Crypto Losers Of The Week And Why?
CoinGape (RSS)

This week has just started, but it’s different from the previous weeks as a new downturn has begun and crypto losers have emerged in the market. Most cryptos have struggled these past few days, including those that used to dominate the market. Bitcoin has dropped to $63K, whereas Ethereum has accepted the $32K. It is a prominent fall from their values just a few days ago.

It doesn’t end there. The market has witnessed some of the well-performing cryptos falling to the ground as crypto losers, struggling to make a comeback.

Top Crypto Losers Of The Week
As so many cryptocurrencies are suffering, a long list of cryptocurrencies’ poor performance is available, showcasing the cryptocurrencies on the verge of entering a bearish trend. The list of top crypto losers is mentioned below, so let’s look into those and the reason behind their fall.

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Crypto Price Prediction: Why Memecoins Bled Most In Today’s Market Correction?
CoinGape (RSS)

Crypto Price Prediction: On Tuesday, the crypto market witnessed another wave of selling pressure which plunged its market cap to $2.4 Trillion, registering a 6.28% intraday loss. The leading cryptocurrencies Bitcoin and Ethereum recorded a 6-7% since yesterday, while Solana(SOL) and XRP plunged 11 % and 4% respectively.

Today’s downturn could be accelerated by significant outflow from BTC ETFs as observed on March 18th. Concurrently, the meme coin sector is under considerable sell-off pressure, with prominent assets like DOGE, PEPE, WIF, FLOKI, and BONK experiencing substantial double-digit losses. 

This steep decline is likely a result of investors locking in profits, given that these assets were previously in an overbought state following the rally in late February to early March.

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Ethereum Price: Can ETH Price Cross $8K in 2024?
CoinGape (RSS)

The Ethereum price has been a victim of the crypto market crash having experienced a drop in its value. ETH’s market performance chart shows a red pattern over the past week with an 18.88% decrease. With an increase of 86% in its value year-to-date the market seems optimistic for the token to hit $8,000 by the end of the year. Let’s find out how possible this is. 

Factors Driving Ethereum Price to $8,000
The Standard Chartered Bank has mentioned the approval of ETH ETFs and the recent Dencan upgrade as possible drivers of Ethereum price to $8,000 by end of 2024.

1. Ethereum Price Dencun Upgrade
The Standard Chartered Bank believes that Ethereum’s recent ...

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