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Hyperliquid price sees a 15% decline, with bearish signals dominating. BBTrend's positive shift may signal potential stabilization or recovery.
Share link:In this post: Cardano (ADA) continues its decline, down 8% in 24 hours, amid market correction, with user activity and TVL sharply dropping since December. The ADA price faces resistance around $1.3, now sliding toward $0.75, with further declines expected if it breaches key support levels. Technical analysts warn ADA could fall to $0.763 or lower, citing weakening RSI and bearish market sentiment.
Quick Take Synthetix has set its perpetual markets on Arbitrum to close-only mode, meaning traders can no longer open new positions or increase existing ones. The move is part of a strategic pivot by Synthetix to consolidate its operations and focus on Coinbase’s Base network.
- 07:12CFX Surges Over 8% Briefly, Possibly Influenced by Leading Pharma Equity AcquisitionOdaily Planet Daily News: According to Bitget market data, CFX has surged over 8% in a short period and is now trading at 0.0769 USDT.Earlier reports indicated that Leading Pharma Biotech plans to acquire all shares of Conflux to expand into the blockchain technology sector.
- 07:11Matrixport: Bitcoin Shows Strong July Performance Over the Years, Predicted to Reach $116,000According to a report by Jinse Finance, independent analyst Markus Thielen's latest research shows that Bitcoin has historically performed well in July, recording gains in seven out of the past ten years with an average increase of 9.1%. Even in years when it declined, the drop was only in the single digits, while in five of the rising years, there were several strong double-digit rebounds. Data indicates that July 2017 and 2019 were particularly outstanding, with gains of 21.5% and 23.9% respectively. July 2021 and 2022 also saw increases of around 18%, while preliminary data for 2024 shows a 3.1% rise. As July 2025 approaches, bullish sentiment in the market is gradually heating up. Analysts believe that if historical trends repeat, the Bitcoin market may usher in a new round of gains and could challenge the $116,000 mark in the coming weeks.
- 07:03Since the launch of tokenized stocks, xStocks has surpassed $1.5 million in trading volume with 1,551 active tradersAccording to a report by Jinse Finance, Dune data shows that since the launch of tokenized stocks on the tokenization platform xStocks created by Backed yesterday, the trading volume has reached $1,574,670, with 1,551 trading users and 61 tradable assets. Among them: ·NVIDIA trading volume reached $421,147; ·MicroStrategy trading volume reached $417,505; ·Tesla trading volume reached $330,531; ·A certain exchange's trading volume reached $283,643.