HyperLend has integrated RedStone’s modular oracle protocol to ensure secure and reliable price feeds for its lending operations. Modular oracle protocol RedStone ( RED ) now powers HyperLend, the first lending platform built on Hyperliquid ( HYPE ) Ethereum Virtual Machine. This integration enables HyperLend to securely operate its lending platform with reliable and accurate price data from RedStone. HyperLend is a lending protocol based on Aave ( AAVE ), adapted for the Hyperliquid ecosystem. It provides proven, secure infrastructure with features tailored for traders and market makers—real-time leverage, dynamic interest rates, and deep liquidity. The mainnet launched on March 24 on Hyperliquid EVM. The project said that it would use RedStone’s oracle feeds since day one. You might also like: RedStone price awaits the next catalyst as it erases recent gains, trading near key support The HyperLend integration is the latest in a series of RedStone’s integrations with DeFi lending protocols, including Venus Protocol, Morpho, Fraxlend, Lombard, ZeroLend, DeltaPrime, and most recently, Spark Protocol, which announced its integration on Feb. 11. Meanwhile, RedStone token RED has gained 12% in the past 24 hours, currently trading at $0.36. However, it remains in a clear downtrend since peaking at $0.82 on March 16 after the rollout of the DRILL program . After consolidating around $0.50 in mid-to-late March, that support level was broken on April 1, when RED closed below $0.50. A new support level has since been established around $0.30, where the price is currently hovering. Source: crypto.news You might also like: RedStone price rises after the DRILL program launch
The post Pi Coin Price Crashes 13% — Can the Pi Network Survive the Pressure? appeared first on Coinpedia Fintech News The Pi Network, once praised for letting users mine crypto on their phones, is now under serious pressure. With Pi Coin’s price crashing toward the $0.30 mark and the community growing impatient, criticism toward the PiCoreTeam (PCT) is mounting. Still, some dedicated users aren’t giving up just yet, urging fellow Pioneers to stay bullish and stick to the project. Price Drop Sparks Doubts Pi Coin has dropped by over 13% in recent days, falling to $0.58 and continuing on a downward trend. The drop has triggered fresh concerns among users, especially with many still waiting for the open mainnet to launch. Frustration also boiled over after delays in KYB approvals for community projects, with platforms like PiDaoSwap launching NFTs on Binance Smart Chain to bypass Pi’s slow internal processes. John Lang Calls for Patience Despite the growing negativity, Pi Network node runner John Lang took to X to defend the project. He emphasized that the PCT is working “meticulously behind the scenes” and reminded the community that building a global crypto platform is no small feat. “Their task is not easy,” Lang wrote. “Just trust the process and whatever the market condition is, never sell your Pi cheap.” Developer Push Behind the Scenes As a sign of ongoing progress, the PiCoreTeam recently rolled out technical requirements for developers. These include a mobile-first approach, mandatory KYC certification, and clear models for value exchange. The Pi SDK now supports applications involving virtual goods, mini-games, and decentralized services, aiming to revive the ecosystem with real utility. Community Still Active, But Concerns Remain Interestingly, the PCT noted that domain auctions on the Pi Network have surpassed 200,000 bids, showing that some users are still active on-chain. However, analysts like Dr Altcoin have warned that such activity isn’t enough. He’s pushing for the PCT to burn a significant amount of Pi Coins from its foundation wallets to ease inflation concerns. This week is crucial for the price of Pi, ahead of the upcoming influx of unlocked Pi coins to CEXs. If the Core Team does not make significant changes to its tokenomics and fails to announce major developments or partnerships by the end of this week, Pi is likely to plunge to… pic.twitter.com/XYovpjNYSU — Dr Altcoin (@Dr_Picoin) April 7, 2025 Meanwhile, a pseudonymous figure named Satoshi Nakamoto proposed creating a community-driven liquidity pool (CDLP), where users commit to buying Pi monthly to stabilize its price. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Why Crypto Market is Up Today? Hyperliquid Crypto, BTC Value, Ripple XRP News, Pi Network News , On the flip side, crypto analyst Moon Jeff says Pi Coin could hit $3 by June . Despite the current market crash, he believes that once trade tensions ease, Pi will break resistance and reach new highs. $PI to $3 by June. The whole market is collapsing and so is $PI . When all these trade wars are over then i expect it to start breaking all the resistance until new ATH. $PI possibilities are endless. #PiNetwork pic.twitter.com/1Of8N9YDBy — MOON JEFF (@CRYPTOAD00) April 7, 2025 .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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The Pi Network has not set a confirmed open mainnet launch date, causing uncertainty and concern among users. Does Pi Coin have a future? Pi Coin’s future depends on open mainnet launch, adoption, and utility; current delays raise doubts, but development continues. Is Pi coin a good investment? If the bullish sentiment sustains, the PI value could reach as high as $2.1007 this year.
Binance announced the removal of 14 altcoins on April 16, 2025. Voting results and technical evaluations determined the delisted coins. Continue Reading: Binance Removes 14 Altcoins: Key Dates and User Warning The post Binance Removes 14 Altcoins: Key Dates and User Warning appeared first on COINTURK NEWS .
On April 8th, in a strategic move, CZ announced a reduction in the price for private messages on the chat platform ReachMe, decreasing it to 0.8 BNB. This change follows
Australia has cracked down on 95 companies that are believed to have operated crypto investment and romance scams under the guise of legitimate businesses. In its latest enforcement action against cryptocurrency crimes, the Australian Securities and Investments Commission confirmed in an April 8 statement that the Federal Court had approved its application to shut down the companies. According to the commission, the court agreed to wind them up on just and equitable grounds, with ASIC finding that most were registered using false information. The watchdog suspects the companies were part of coordinated scam operations, particularly linked to “ pig butchering ” schemes, where scammers build fake online relationships to earn victims’ trust before tricking them into investing in fraudulent crypto platforms. Justice Angus Stewart, who presided over the matter, described the case for winding up the companies as “overwhelming,” adding that there was a justifiable lack of confidence in their conduct and management. You might also like: Australian Federal Police warn of Binance impersonation scam targeting locals In a March 21 ruling reviewing 17 firms from the list, the court found a clear pattern of pig butchering scams linked to deceptive websites and apps. The Federal Court appointed Catherine Conneely and Thomas Birch of Cor Cordis as joint liquidators of the 95 firms. In their initial investigation, they found that only three companies held any assets, prompting a recommendation to deregister the remaining 92 immediately. The liquidators have since received nearly 1,500 claims from alleged victims across 14 countries, including Australia, the United States, Cameroon, Ghana, India, Nepal, the Philippines, and France. Reported losses exceed $35.8 million. ASIC believes many of the websites and mobile apps tied to the companies were designed to mimic legitimate trading platforms , tricking users into thinking their funds were being properly invested. In reality, the platforms were fake, and victims’ money was funnelled into accounts controlled by the offenders. “These companies were set up with the aim of providing a veneer of credibility,” said ASIC Deputy Chair Sarah Court, warning that “scammers will use every tool they can think of to steal people’s money and personal information.” ASIC has been targeting such fraud aggressively and has been taking down roughly 130 scam websites per week, according to the announcement. To date, the agency claims to have shut down over 10,000 malicious sites, including more than 7,200 fake investment platforms and 1,500 phishing scams. Last month, the agency also moved against crypto ATM operators , warning that those failing to comply with anti-money laundering rules would face legal action. AUSTRAC flagged a rise in suspicious transactions and scams tied to the machines, urging tighter oversight on Australia’s crypto ATM network. Read more: Australians lose $122m to crypto scams, with under-50s most affected
Investor interest is turning sharply toward three standout tokens—Solana, Bitcoin (BTC), and XRP—as analysts forecast new long-term opportunities for growth. These projects are seen as among the most durable and relevant in the space, with expectations of over 1,500% upside heading into the heart of 2025. At the same time, core infrastructure coins like TON, Hedera (HBAR), and Chainlink (LINK) continue to deliver behind the scenes. But in the early-stage market, no token has gained attention quite like MAGACOINFINANCE, which is building its own momentum through a retail-first model and fair entry approach. JOIN A BILLION DOLLAR PROJECT — THIS IS YOUR EARLY ENTRY BEFORE EXCHANGE LAUNCH MAGACOINFINANCE – Equal Access, Rising Fast MAGACOINFINANCE has already raised over $5.3 million, and continues to pick up speed among investors looking for clean entry points. With no insider allocations, no seed rounds, and a fixed 100 billion token supply, the project is one of the few in 2025 giving everyday buyers a true early-stage opportunity. Its transparent structure has been a draw for new wallet holders and communities fed up with traditional token launch strategies. As exchange listing buzz intensifies, many believe this is the final chance to enter before full market exposure begins. MAGA50X – STILL LIVE WITH 50% TOKEN BONUS The MAGA50X promotion is still available for those purchasing now, delivering a 50% bonus on token allocations. This offer is expected to close as final distribution nears full capacity. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X TON, HBAR, and LINK Keep Building Steady Foundations TON continues building blockchain-native functionality into messaging and mobile networks. Hedera (HBAR) is enhancing enterprise-grade scalability with energy-efficient infrastructure. Chainlink (LINK) leads in delivering reliable cross-chain data and smart contract connectivity. CURRENT PRICE $0.0002704 LISTING PRICE $0.007 – OVER 2532% ROI Conclusion The outlook for Solana, Bitcoin (BTC), and XRP remains highly favorable as long-term forecasts point toward substantial potential in 2025. With strong support from platforms like TON, HBAR, and LINK, the market foundation is strengthening. Meanwhile, MAGACOINFINANCE is proving to be one of the most compelling early-stage options—offering fair access, fast growth, and real attention from the broader investor base. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Solana, Bitcoin (BTC), XRP: Top 2025 Picks With Potential for 1,500% Returns
Cathie Wood’s Ark Invest has acquired 84,514 shares of Coinbase Global Inc., valued at approximately $13.3 million, across two of its exchange-traded funds (ETFs) during Monday’s sharp market downturn. According to Ark’s latest trade filings, the ARK Next Generation Internet ETF (ARKW) purchased 64,806 Coinbase shares, worth around $10.2 million based on Monday’s closing price. Meanwhile, the ARK Fintech Innovation ETF (ARKF) picked up 19,708 shares, amounting to about $3.1 million. This comes after Ark Invest bought $13.4M worth Coinbase shares on Friday. Ark Invest Offloads $12.4M in Bitcoin ETF Shares Amid Market Volatility At the same time, Ark sold 159,496 shares of the ARK 21Shares Bitcoin ETF (ARKB), worth roughly $12.4 million. Data from SoSoValue indicated the ARKB fund experienced net outflows of $4.69 million on the same day. As of Monday, Coinbase made up 5.92% of ARKW’s portfolio—ranking as its fourth-largest holding—and 7.65% of ARKF, making it the fund’s second-largest position, based on Ark’s most recent disclosure. Coinbase shares ended Monday down 2.04% at $157.28, but saw a 2.68% gain in after-hours trading, climbing to $161.50, according to Google Finance. Here’s what moves Cathie Wood and @ARKInvest made today 4/7 pic.twitter.com/hf0HRflInV — Ark Invest Daily (@ArkkDaily) April 8, 2025 The strategic buy occurred during a turbulent session across global markets. Asian equities suffered steep losses, with China’s Shanghai Composite down 7.3% and Japan’s Nikkei 225 sliding 7.8%. In the U.S., the Dow Jones fell 0.91% and the S&P 500 edged down 0.23%, while the Nasdaq eked out a 0.10% gain. Meanwhile, the crypto market also plunged on Monday. Bitcoin briefly dropped to around $74,300 but later rebounded to trade above $80,000, gaining 3.64% in the past 24 hours. Last week, Ark Invest also purchased Coinbase shares worth $13.4 million across three of its exchange-traded funds. ARK Innovation ETF (ARKK) purchased 54,988 shares worth $8.8 million. Two other ETFs – the ARK Next Generation Internet ETF (ARKW) and the Ark Fintech Innovation ETF (ARKF) – acquired 15,982 shares for $2.5 million and 12,187 shares for $2 million respectively. Crypto and U.S. Stocks Crash on Monday Cryptocurrency markets faced a brutal correction on what’s being dubbed “Black Monday,” with total liquidations exceeding $1.36 billion in the day. President Donald Trump recently unveiled a sweeping tariff package that includes a 25% levy on vehicle imports, a minimum 10% tariff on all imports, and “reciprocal tariffs” aimed at countries imposing duties on U.S. goods. These measures have rattled markets, leading to capital flight from riskier assets like crypto and a pivot toward safe-haven plays such as gold and the Japanese yen. As reported, over $1.2 billion of long bets were wiped out, with Bitcoin longs accounting for more than $392 million in losses. Crypto wasn’t alone in the selloff. U.S. stock futures also plunged Sunday night, heightening fears of a broader market crash. S&P 500 futures fell 5.98%, Nasdaq 100 futures slid 6.2%, and Dow futures dropped 5.5%, all pointing to a chaotic start to the trading week. Meanwhile, prominent hedge fund manager and Trump supporter Bill Ackman publicly urged the administration to pause the tariff escalation for 90 days, warning that the current trajectory could spark an “economic nuclear winter.” The post Ark Invest Scoops Up $13.3M in Coinbase Shares Amid Market Slump appeared first on Cryptonews .
The post Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next? appeared first on Coinpedia Fintech News Story Highlights Solana Price Today is $ 108.09596765 . Solana price could reach a potential high of $400 in 2025. With a potential surge, the SOL price could hit $1,351 by 2030. Solana is coming true to its community-claimed title, “Ethereum-Killer” as it gradually surpasses Ethereum in the decentralized market. However, with the ongoing volatility amid the cryptocurrency market crash, the Solana price currently trades at a discount of 63.08% from its ATH of $ 294.33. Following this, crypto investors are storming Google with questions like “Is Solana going to go up?” or “How high can Solana go?” and “Will SOL price reach $500 this altcoin season?” To answer more such questions, we bring to you our Solana price prediction 2025, 2026 – 2030. We’ll address these queries using our analyses, market sentiments, and regular updates from the crypto world. Table of Contents Story Highlights Overview Solana (SOL) Price Prediction 2026 – 2030 Solana Price Forecast 2026 SOL Price Analysis 2027 Solana Crypto Price Prediction 2028 SOL Coin Price Prediction 2029 Solana Price Prediction 2030 Solana (SOL) Price Projection 2031, 2032, 2033, 2040, 2050 Market Analysis FAQs Overview Cryptocurrency Solana Token SOL Price $ 108.09596765 10.79% Market cap $ 55,720,461,701.3819 Circulating Supply 515,472,157.8612 Trading Volume $ 7,290,899,593.9422 All-time high $294.33 on 19th January 2025 All-time low $0.5052 on 12th May 2020 Solana Price Prediction 2025 Solana’s weekly transaction fees have plunged to 92.35% from the January peak of $0.0327, hitting a six-month low of $0.0025. This marks the lowest level since September 2024. Consistency in this could open the doors for more projects being built out of the Solana network. If the market favors the bulls, the Solana coin price could breach its current all-time high and head toward a new high of $400. Conversely, stricter regulations or a network congestion setback could pull the price toward its annual low of $250. Considering the present market sentiment, the SOL crypto could settle with an average trading price of around $325. Year Potential Low Potential Average Potential High 2025 $250 $325 $400 Also, read Ethereum Price Prediction 2025, 2026 – 2030! Solana (SOL) Price Prediction 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 310 410 510 2027 389 506 623 2028 476 622 769 2029 597 772 948 2030 716 1,033 1,351 Solana Price Forecast 2026 By the Solana Price Prediction 2026, the potential low price for SOL is $310, with an average price projected at $410 and a potential high of $510. SOL Price Analysis 2027 Moving on to Solana Price Prediction 2027, the potential low price for SOL is estimated at $389, while the average price is predicted to be around $506. The potential high price for SOL in 2027 is projected to reach $623. Solana Crypto Price Prediction 2028 As per the Solana Price Prediction 2028, the potential low price for SOL is expected to be $476, with an average price of $622. Further, the potential high price for SOL during this year is projected to reach $769. SOL Coin Price Prediction 2029 Looking ahead to 2029, the Solana price targets a potential low of $597, with an average price of $772. Moreover, the potential high price for SOL in 2029 can reach $948. Solana Price Prediction 2030 For Solana Price Prediction 2030, we estimate a potential low at $716, with an average price of $1,033. The potential high price for Solana in 2030 is projected to reach $1,351. Solana (SOL) Price Projection 2031, 2032, 2033, 2040, 2050 Year Potential Low ($) Potential Average ($) Potential High ($) 2031 936 1,351 1,766 2032 1,196 1,697 2,198 2033 1,566 2,417 3,269 2040 5,091 8,394 11,698 2050 23,358 47,908 72,459 Market Analysis Firm Name 2025 2026 2030 Changelly $228.37 $280.81 $1,136 Coincodex $291.49 $186.25 $447.82 Binance $202.18 $212.29 $258.04 Raoul Pal’s Bold Outlook: Solana Price Prediction Of A Potential 20x Rally: Raoul Pal, founder of Real Vision, predicts a potential 20x rally for Solana. He attributes this to Solana’s advanced blockchain technology, growing ecosystem, and rising investor interest. If Pal’s prediction holds, Solana’s price could exceed $400 in the coming months, a significant surge from its previous peak. Despite market trends, Solana has shown resilience, maintaining a strong performance with consistent buying pressure. CoinPedia’s Solana (SOL) Price Prediction With the improving network conditions of Solana and the slow but steady rise in the DeFi sector, the SOL prices project a bullish future. According to CoinPedia’s formulated SOL price prediction, the price might surge to $400 in 2025. On the flip side, a failure to sustain recovery will plunge Solana prices to $250 during that year. Year Potential Low Potential Average Potential High 2025 $250 $325 $400 Also, read our Tron Price Prediction 2025, 2026 – 2030! FAQs What is the current price of the Solana token? Solana current price is $108.57. Will the SOL price reach $350 by the end of 2025? According to our Solana price prediction, the altcoin might chug up to a maximum of $400 by 2025. How high can Solana go by the end of 2030? With a potential surge, the price of SOL could reach a maximum of $1,351 by 2030. Will Solana reclaim its crown of being an Ethereum killer? Solana with its strengths in fundamentals still holds significant prominence. That said, we can expect its glory to shine brighter with resolutions to shortcomings and major Solana news. Will Solana enter the top-3 cryptos in terms of market capitalization in 2025? Solana holds the potential to climb higher on the market cap rankings. The digital asset could make it to the target if it does not fall to negative criticism. What is the Solana Foundation? The Solana Foundation is dedicated to growing the Solana network into the world’s most decentralized and censorship-resistant blockchain. How much would the price of Solana be in 2040? As per our latest SOL price analysis, the Solana could reach a maximum price of $11,698. How much will the SOL price be in 2050? By 2050, a single Solana price could go as high as $72,459.
Excitement is reaching new heights as the 10th Annual Sports Betting East Africa + Summit approaches—now just six weeks from uniting top iGaming leaders in Dar es Salaam, Tanzania ! Set for 20-21 May 2025 at the prestigious Dar es Salaam Serena Hotel , this milestone event will be a catalyst for industry breakthroughs and will set the course for the future of iGaming in the region. Betting has been deeply embedded in Tanzania’s cultural fabric, long before the emergence of formal sports books and casinos. Over time, the industry has evolved, with land-based betting sparking excitement and paving the way for the booming online betting market. Today, Tanzania stands at the forefront of East Africa’s iGaming revolution, offering vast opportunities for innovation and growth. Key Insights from Our Chairperson, Thomas Buckley Opar Owuor Drawing from his experience in the region’s market, Thomas , Founder of Owuor Law and Chairperson of SBEA+ Summit 2025 , highlighted what makes Tanzania a key market for the sports betting industry: “The main reason it’s such an important market for the industry is that Tanzania is a trailblazer in many areas of gaming in Africa. [For instance], it was the first country in East Africa to establish written sports betting regulations. Ultimately, I think the Tanzanian gaming ecosystem makes it very easy for an operator or investor to have an impact on society, and there is also a lot of cross-governmental support for gaming operations.” In terms of technological developments the industry should be paying attention to, Thomas had the following to say: “More than anything, what’s interesting for me is the AI component, specifically regarding customer centricity and system efficiency. We’re looking at how it should make customer support easier–how AI can help operators attend to customer needs 24/7 and provide better answers consistently. Also, I see crypto, which is still a hot topic, being further integrated into sports betting.” Given the political and regulatory attention sports betting is receiving in East Africa, Thomas shared his take on the situation and its wider implications: “We’re seeing a lot of political and policing interventions coming through after the explosion of sports betting in East Africa. There tends to always be an increase in taxes and the argument that there are negative social consequences of sports betting that need to be mitigated, but I beg to differ. I believe that the problem the government tends to see is broader than that. I think both sports operators and regulators need to be in the room where these policies are being discussed.” Thomas also believes it’s important for governments, for example, to realise that many young people turn to sports betting because they don’t have many economic opportunities. He also believes that if the government continues to increase taxes, as they do in Kenya, it will only push the industry underground, leading to more offshore betting and money going overseas. There needs to be a balance. He added, “Bringing the conversation back to Tanzania, I think they are doing it right. They have a lot of robust discussions whenever there are changes to taxes or policies around betting.” Here’s why Thomas considers the SBEA+ Summit a must-attend event for every industry leader: “Dar es Salaam is a beautiful city with great people and great food. Tanzanians are also very tech-savvy and have a lot to teach anyone who ventures out to experience the retail and online sports betting scene. Aside from that, Tanzania’s record of being one of the first in organising gaming means there’s a lot to learn for regulators, investors, operators, marketers, and even community advocates around sports betting and how it should be done. These should be strong reasons for those in the industry not to miss the SBEA+ Summit 2025 in Dar es Salaam.” Celebrating Industry Excellence at the SBEA+ Summit Eventus Awards The Sports Betting East Africa+ Summit 2025 isn’t just about insightful discussions and networking—it’s also a stage for recognising visionaries and game-changers! On 20 May 2025 , during Day One of the summit, we will host the prestigious SBEA+ Summit Eventus Awards Ceremony , where we will honour companies and individuals who have made outstanding contributions to the gaming industry. Know someone who deserves recognition? Submit your nomination now: https://www.sportsbettingevents.com/sbwa-eventus-awards-nomination Limited Spots Available for this Exclusive C-Level Summit With just six weeks remaining until the SBEA+ Summit 2025 , now is the perfect time to secure your spot. Join the conversations that are shaping East Africa’s iGaming future and connect with the industry’s most influential leaders. Register now : https://www.sportsbettingevents.com/sbea
The market volatility, fueled by the ongoing tariff war, saw Bitcoin (BTC) trade below the $75,000 mark for the first time since November. Despite recovering from the dip, the flagship crypto risks more short-term volatility if it doesn’t reclaim key support levels soon. Related Reading: XRP Confirms Head And Shoulders Breakdown: How Low Can It Go? Bitcoin Hits 5-Month Lows Bitcoin ended the week with a price drop below the $80,000 support zone, closing Sunday below the $78,500 mark. In the early hours of Monday, the largest cryptocurrency by market capitalization continued bleeding toward the $74,500 support zone before bouncing. Amid the 9.1% correction, Bitcoin registered its lowest trading price in five months, touching November 6 levels. Market watcher Daan Crypto Trades noted that BTC has been trading below its Bull Market Support Band for the past few weeks, attempting to get back above this level but ultimately facing rejection. According to the trader, “This is a good metric to gauge high timeframe market momentum. So far this cycle, price has traded below it shortly a few times (2023 & 2024) but never traded away from it for much more than ~20%,” suggesting that bull would like to reclaim this region. Analyst Rekt Capital noted that BTC’s current correction is “very close to equaling the retracement depth of the Post-Halving pullback of almost -33%.” The ongoing retrace has seen Bitcoin drop 31% since January’s all-time high (ATH) of $108,786. However, he considers that Bitcoin could bleed into the $70,000 support before hitting the correction’s bottom. “Whenever Bitcoin’s Daily RSI crashed into the sub-28 RSI levels – that wouldn’t necessarily mark out the price bottom. In fact, historically, the actual price bottom would be -0.32% to -8.44% lower than the price when the RSI first bottomed,” he explained, adding that Bitcoin is forming its second low, 2-79% below the first low. If it follows the same pattern and drops 8.44% below the first low, investors could see Bitcoin’s price bottom at around $69,000-$70,000. Another 10% Correction Ahead? Moreover, Rekt Capital outlined the key levels to reclaim after BTC’s weekly close below the $80,650 support. The analyst noted that Bitcoin already has “upside wicked into this level to tag it as potential new resistance” this week. As a result, it must recover last week’s close level if BTC wants to challenge 2025’s Weekly Downtrend, and it also needs to hold Sunday’s daily close level of $78,500. Bitcoin failed to Daily Close above the Downtrend. In fact, price continued to form new Lower Highs in its already extended series of Lower Highs. On the latest rejection, BTC landed into the ~$78,500 lows. Continue to hold this level as support, and BTC has a chance at challenging the $82,500 level in the short term. The analyst detailed that Bitcoin generally needs to close above the $78,500 level to “build a base here for a potential short-term rebound.” On the contrary, a daily close below this level would see BTC positioned for a bearish retest after closing below it for two consecutive days. Related Reading: Bitcoin Goes Beast Mode—Mining Power Tops 1 Zetahash In First-Ever Surge He concluded that “turning this level into a confirmed resistance would send price into additional downside continuation,” which targets the pre-halving highs price range between $69,000 and $72,000. As of this writing, BTC trades at $79,200, a 1% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com