Market Analysis | ForkLog

ForkLog 32 18.03.2025

Memecoin Index Plummets 90% in Three Months

The GMCI Meme index, tracked by The Block, has plunged 90% from its December peaks, indicating a cooling interest in such high-risk assets. At the end of last year, the metric showed a 550% increase, but by March its values had dropped to 80%. The largest assets in the index, such as SHIB, DOGE, PEPE, […]

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ForkLog 16 17.03.2025

Crypto Funds Experience Fifth Consecutive Week of Outflows

From March 8 to 14, cryptocurrency investment funds saw outflows amounting to $1.69 billion, following $876 million in the previous reporting period, according to CoinShares. This negative trend has persisted for five consecutive weeks, with clients withdrawing $6.44 billion from products during this period. Since the beginning of the year, the result remains positive at […]

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ForkLog 9 17.03.2025

Bitcoin Consolidates Below $84,000 Ahead of Fed Meeting as Focus Shifts to Altcoins

On March 17, the price of the leading cryptocurrency failed to break resistance near $84,500. However, the subsequent pullback was moderate due to a “buy the dip” sentiment, as reported by CoinDesk. Hourly chart of BTC/USDT on Binance. Data: TradingView. Following last week’s sell-off amid recession fears and “trade wars,” the dynamics have become more […]

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ForkLog 22 17.03.2025

Solana at five: from COVID-19 to the US crypto reserve

On 16 March 2020 Solana’s genesis block was created. Cointelegraph recapped five key events in the history of the sixth-largest cryptocurrency. Over the past five years the blockchain, launched by Solana Labs CEO Anatoly Yakovenko and co-founder Raj Gokal, has processed more than 408bn transactions, including $987bn on DEXs. Network liveness is maintained by over […]

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ForkLog 44 15.03.2025

Trump, tariffs and bitcoin at $80,000: what is going on with the market?

On January 20, on the eve of the inauguration of US president-elect Donald Trump, bitcoin set a new all-time high, crossing $109,000. Buoyed by campaign rhetoric, the crypto community widely expected the “bullish banquet” to continue. Yet euphoria soon turned to panic: amid a “critical correction”, the fear index reached levels last seen in May […]

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ForkLog 15 14.03.2025

Traders wager $550m on bitcoin sliding to $70,000

Crypto traders expect bitcoin to fall further in March, amassing $550m worth of put options with a $70,000 strike, according to Amberdata, DLNews reports. Sean Dawson, head of research at the Derive platform, noted rising bearishness in an 11 March report. Almost 43% of contracts sold on the platform over 24 hours were puts, reflecting […]

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ForkLog 21 13.03.2025

Bitcoin ETF Outflows Halt After Eight Days

On March 12, inflows into spot ETFs based on digital gold amounted to $13.33 million. Over the previous seven days, investors had withdrawn $1.54 billion from these products. Data: SoSoValue. The cumulative inflow increased to $35.4 billion. AUM reached $92.45 billion. Since its launch in January 2024, the exchange has recorded only 21 days of […]

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ForkLog 21 13.03.2025

Analysts Warn of Potential Cryptocurrency Market Exhaustion

The trading volume of cryptocurrencies has been declining since its peak on January 27, and traders’ behavior amid the ongoing decrease in market capitalization suggests a mix of “exhaustion, hopelessness, and capitulation,” according to Santiment. ? Crypto-wide trading volume has been dropping since its peak back on February 27th (when traders were optimistically buying dipping […]

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ForkLog 22 12.03.2025

US Inflation Slows as Bitcoin Tests $84,000

In February, annual inflation in the United States reached 2.8% (the lowest since November), down from 3% the previous month. This figure fell short of market expectations of 2.9%. On a monthly basis, the consumer price index rose by 0.2%, compared to 0.5% in January. The consensus forecast had anticipated a 0.3% increase. Excluding food […]

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ForkLog 20 12.03.2025

Bitcoin Tests Local Peaks Above $83,000 Ahead of Inflation Index Release

In the early hours of March 12, the price of the leading cryptocurrency surged to $83,600 before retreating to $82,000. Traders are anticipating the release of data on U.S. consumer price dynamics (15:30 MSK/14:30 Kyiv). At the time of writing, digital gold is trading at $81,450, with daily growth rates reduced to 1.3%. 15-minute BTC/USD […]

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ForkLog 17 11.03.2025

QCP Capital Attributes Bitcoin’s Decline to Trump’s Recession Stance

The flight from risky assets is driven by signals of US President Donald Trump’s readiness for a recession. Investors remain cautious, considering only “long-term” call options. Technical indicators do not rule out a rebound due to extreme levels of fear. The price of the leading cryptocurrency hit new lows for the year, falling below $80,000 […]

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ForkLog 22 11.03.2025

Whale Dodges $16 Million Penalty Amid $75 Million DeFi Liquidation

A major Maker user narrowly avoided a ~$16 million penalty on a loan of ~$75 million taken in 2021 by promptly sending 2000 ETH and 1.5 million DAI. Prior to sending additional ETH, the liquidation price was approximately $1932.08. The debt-to-collateral ratio of 65,675 ETH had dropped to 176%. These actions reduced the liquidation level […]

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