Cryptocurrency | Price (USDT) |
---|---|
BTC | $107310.8400000000 |
ETH | $2433.8920000000 |
BNB | $649.7399300000 |
XRP | $2.1866380000 |
ADA | $0.5617572000 |
SOL | $149.7477000000 |
DOGE | $N/A |
DOT | $3.3963200000 |
LTC | $86.5061000000 |
LINK | $13.3216600000 |
Category: CRYPTO NEWS
The post SPX6900 Price Prediction Following Major Crash and Over $1B in Crypto Liquidations appeared on BitcoinEthereumNews.com. The crypto markets have recently faced a significant downturn, triggering widespread panic among investors. Cryptocurrencies have witnessed an 8% drop in total market cap, while meme coins alone have fallen by approximately 9% over a 24-hour period. A sharp sell-off across major altcoins has led to a sea of red in the market, accompanied by a steep decline in broader financial indices. Among these, the SPX6900 index has also experienced a notable pullback, falling by approximately 16% over a 12-hour timeframe. This correction follows an impressive bullish run that had previously seen SPX6900 reach its all-time high, successfully hitting earlier take-profit targets. The rapid decline coincides with multiple negative catalysts, including geopolitical tensions such as Israeli airstrikes on Iran, renewed tariff threats from President Trump, and the expiration of $3.7 billion worth of Bitcoin and Ethereum options. Additionally, the crypto space witnessed over $1 billion in liquidations, contributing further to the downward pressure across both traditional and digital markets. Source – Jacob Crypto Bury on YouTube SPX6900 Price Prediction Despite the current volatility, there remains cautious optimism regarding SPX6900’s near-term outlook. While the recent drop was sharp, the index has already shown signs of recovery from its lows, suggesting that further upside is still within reach. A potential target remains at the $1.80 level, although the direction in the coming days remains uncertain due to the highly reactive nature of the market at present. The sharp swings highlight the broader market’s vulnerability to sudden external shocks, but also its ability to rebound relatively quickly once selling pressure eases. Overall, while the recent correction has shaken investor confidence, the structural strength demonstrated during the previous run to all-time highs suggests that SPX6900 could still reclaim higher levels if macroeconomic and geopolitical headwinds stabilize. Solaxy Presale Surges to $49M With 83% Staking…
2025-06-14T03:34:22+00:00