Altcoins Experience Dramatic Declines and ETH Struggles at $3,550
Main Idea
Altcoins have experienced significant declines, with ETH struggling at $3,550, while FLOKI Coin shows potential for further rises amid broader market volatility.
Key Points
1. Several altcoins have seen daily losses exceeding 10%, with ETH hovering around $3,550.
2. ETHBTC parity's bounce from resistance could lead to further altcoin sales if concerns about the Federal Reserve persist.
3. FLOKI Coin may see further rises, especially after BNB Coin reached an all-time high, as it is the most popular meme on the BNB network.
4. DOGE, SHIB, XRP, ADA, and SOL are experiencing losses between 7% and 12%.
5. A test of $3,400 for ETH seems possible in the short term, with potential volatility in the market.
Description
Several altcoins experienced significant losses, and ETH struggles at $3,550. Profit-taking strategies occur before the Federal Reserve's next meeting. Continue Reading: Altcoins Experience Dramatic Declines and ETH Struggles at $3,550 The post Altcoins Experience Dramatic Declines and ETH Struggles at $3,550 appeared first on COINTURK NEWS .
Latest News
- Bitcoin Climbs Toward New Heights While Risks Stay Low2025-07-24 23:28:15
- Elon Musk’s AI Innovation Thrives in Predictive Markets2025-07-24 22:13:10
- Trump Criticizes Fed’s Costly Projects in Historic Visit2025-07-24 20:21:43
- Crypto investors are flocking to this – the reason will surprise you!2025-07-24 20:06:44
- Trump Visits Fed: How Will It Impact AVAX, ADA, BNB, and XRP This Weekend?2025-07-24 19:16:46