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Shiba Inu (SHIB) has formed a daily "death cross" for the first time in 14 months, dropping below $0.000004.
Shiba Inu (SHIB) has flashed a daily "death cross" for the first time in 14 months, with its 50-day moving average falling below the 200-day moving average, accompanied by market selling pressure that dragged the price below $0.000004. The broader cryptocurrency market traded lower across the board over the weekend, with SHIB hitting a low of $0.0000037 on Saturday and marking its fourth consecutive day of losses. Although it rebounded somewhat on Sunday, it still dropped 6.87% over the 24-hour period, bringing its weekly decline to 14%.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
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1
ETH cross-exchange spread hits 1.11%
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2
ETH (Ethereum) dropped rapidly by 5.38% within 4 hours, currently trading at $1,741.43
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3
ZEC (Zcash) surged 6.23% in a short-term rally over the past 4 hours, currently trading at $878.990
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4
HYPE (Hyperliquid) is up 6.19% in the past hour, currently trading at $66.580
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5
XRP surged 6.54% in a 4-hour window, currently trading at $0.9548
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6
ZEC (Zcash) surged 9.65% in a 1-hour short-term rally, currently trading at $928.310
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7
ETH (Ethereum) surged 5.32% within 1 hour, currently trading at $1,809.73
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8
TechCrunch: Petition Calling for Jensen Huang to Return to Office Reaches Over 115k Signatures, Backed by Musk and Others
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9
CNBC: Berkshire Hathaway Closes at All-Time High for Fourth Consecutive Session, Class A Shares Up 19.1% Since Q4
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10
Bloomberg: Collins says steady, gradual rate hikes appropriate to lower inflation
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