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SOL price has lost support and closed multiple daily candles below the 200-day EMA for the first time since September 2023.
Ether fared worse than bitcoin in August — plunging 22.2% compared to an 8.6% decline for the latter.September could see further bearish movements for major cryptocurrencies if the month aligns with historical seasonal trends, according to QCP Capital analysts.
Phishing incidents emerged as the most damaging, accounting for approximately $293 million of the total losses.
The top ten meme coins have seen their prices decrease 40%-70% over the past 52 weeks. Since the beginning of this year, the PolitiFi subcategory has outperformed the broader meme coin category.
Bitcoin was at the center of this exodus, experiencing outflows totaling $319 million.
- 19:48Trump Cryptocurrency Dinner Sparks Massive On-Chain TransactionsThe Trump meme coin, TRUMP, saw a significant value increase following the announcement that top holders have a chance to attend a private dinner or meet with the current president. The event announcement led to $240 million in transfers and a 200% increase in trading volume within 24 hours, with the TRUMP price rising from $9 to $14.5. While Trump attempts to demonstrate the value of meme coins, this move has also drawn attention from political opponents and ethics advocates.
- 19:48ETH Breaks Through $1800, Daily Increase of 2.28%PANews April 29th report: Market data shows that ETH has just broken through $1800, currently reported at $1803.55 per coin, with a daily increase of 2.28%.
- 19:48The United States Republican Party Seeks to Limit the Antitrust Regulatory Powers of the FTCAccording to Jinse and Politico, the United States Republican Party is seeking to limit the antitrust regulatory powers of the Federal Trade Commission (FTC) and transfer those powers to the Department of Justice.