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Bitcoin (BTC) price has slithered back to its low-volatile, rangebound movement after a sudden spike in volatility on August 18. But this dry spell could come to an end at the start of a new week. Bitcoin price consolidates around the $26,000 level after an 18% slide.
Curve DAO’s CRV token’s price is declining rapidly, following the recent developments in the protocol. On July 31, a DeFi exploit wiped out $62 million in funds, triggering an implosion in the ecosystem.
Ripple battles XRP's declining adoption and large wallet investors are eyeing a recovery in the altcoin. While the SEC vs Ripple lawsuit resulted in a lag in XRP adoption, the altcoin has since been relisted on exchanges like Coinbase.
Shiba Inu’s Layer 2 scaling solution Shibarium suffered a roadblock on its mainnet launch. Problems with the network left around 1,000 Ethereum and 600,000 BONE tokens locked, leaving users unable to access or recover their funds and pushing down Shiba Inu’s price.
Bitcoin price crashed 15.70% from Monday’s open to the weekly low. But Thursday’s daily candlestick hit a low of 14% from its open, which is what caught many investors off-guard. As a result of this sudden shock, $855 million in long positions and $194 million in short positions were wiped out.
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