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Why Did Bitcoin Retreat ?

Email sent: Aug 24, 2021 12:29pm
DeFi Leads The Financial World!
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DeFi Leads The Financial World!

 
 
Hey Folks,

Decentralized finance is focused on building financial services that are much greater than traditional finance. DeFi is making the current financial market more resilient, boosting innovations to traditional financial services. DeFi is undoubtedly reshaping the financial markets

Your daily dose of today’s Crypto news is all about Bitcoin, Polygon, XRP and NFTs


#1 More Downside Imminent for BTC Price

Crypto analysts from Decentrader in a recent tweet indicated the possibility of more downside for Bitcoin. The tweet points out that there was a lack of volume during the surge. Hence, a break above $52K is not possible.
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#2 XRP Price Awaits a Major Breakout!

In this bull cycle, Credible Crypto expects XRP price will reach anywhere between $20 and $30. The trader’s aim for XRP is a 2319 percent increase over current prices, based on current pricing.
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#3 Polygon Network Eyes For Big Gains

Since the market began to rebound in late July, MATIC has had major ups and downs. If the market bulls continue, the altcoin could travel towards the next important support level of $1.76.
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#4 ERN, The Native Token of Ethernity Soars

Ethernity Chain have been hosting auctions for some of the most salubrious and sought-after collections. These span the world of celebrities and sports stars, including the most recent auction for Messi’s Private Collection, which has raised an incredible $5 since its launch last week.
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#5 Are You Making These Trading Mistakes?

We can see many traders are trading Bitcoin and other top altcoins and gaining huge profits. But the Crypto market is not always about winning. It is not too late to enter the crypto space, however there are a few trading strategies to keep in mind before you start your trading. Watch now!!
 
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Are you a newbie in the Crypto space and get confused with the reading? Here is a complete guide to help you with


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