This week's crypto news is mostly about price drops! Several popular cryptocurrencies, like digital money, went down in value. This is called a bear market, where prices fall. Let's see what happened.
- Ethereum (ETH) fell 13%, below $2000, a price it hasn't seen since 2023.
- Ripple (XRP) dropped 8% but stayed above $2. It might rise to $3.
- Cardano (ADA) went down 18%, trading around $0.64. It needs to get above $0.9 to recover.
- Solana (SOL) lost 12%, now near $105. It might test the $100 support.
- Hyperliquid (HYPE) a newer cryptocurrency, fell 18%, now around $11.
| Crypto | Change | Current Price (approx.) | Prediction |
|---|---|---|---|
| Ethereum (ETH) | -13% | $1800 | Might find a bottom around $1800 |
| Ripple (XRP) | -8% | $2.3 | Could reach $3 if buyers get stronger |
| Cardano (ADA) | -18% | $0.64 | Might fall to $0.5 if support breaks |
| Solana (SOL) | -12% | $105 | Could drop further, support at $100 |
| Hyperliquid (HYPE) | -18% | $11 | Might fall below $10 |
