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The cryptocurrency market has faced a substantial correction. Bitcoin (BTC) has dipped to the $95,000 level. The global crypto market cap has fallen 9.5% in the last 24 hours to $3.23 trillion. Ripple’s XRP has also faced a major correction in the previous few days. Also Read: Cramer’s Bold Palantir (PLTR) Call: 362% Surge Prognosis Ahead of Today’s Earnings! Cryptocurrency Market In The Red Zone Source: Indiatimes.com XRP is down 17.1% in the daily charts, 13.8% in the weekly charts, 26.3% in the 14-day charts, and 1.3% over the previous month. Despite the dip, the asset has increased by 373.1% since January 2024. Source: CoinGecko Also Read: Why Is Bitcoin (BTC) Falling Today? The latest market correction is likely due to new developments in international trade wars. US President Donald Trump announced new tariffs on Canada and Mexico. President Trump may also levy tariffs on the European Union. Investors are worried about risky assets, such as Ripple’s XRP and other crypt...

A widely followed cryptocurrency analyst believes one Dogecoin (DOGE) and Shiba Inu (SHIB) competitor is gearing up for a huge upside burst. The analyst pseudonymously known as Bluntz tells his 307,800 followers on the social media platform X that FLOKI (FLOKI) is primed to go up by at least 114% from its current level. Based on the widely followed analyst’s chart, it appears he is suggesting that FLOKI has almost completed an inverse head-and-shoulders pattern on the weekly time frame. In technical Analysis , inverse head-and-shoulders patterns suggest that an asset may be poised to rally after printing a bullish higher-low setup with a right shoulder. “FLOKI has been accumulating here for almost a year and working on putting a high-time frame right shoulder. Its time will come and no doubt makes fresh all-time highs within the next couple of months in my opinion.” Source: Bluntz/X FLOKI is trading at $0.000161 at time of writing, down by 53% from ...