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A widely followed crypto analyst is warning that Bitcoin (BTC) could plummet below $50,000 if it fails to hold a key support level. Crypto trader Michaël van de Poppe tells his 723,000 followers on the social media platform X that Bitcoin could witness another steep downward move if its immediate support level crumbles.
RUNE, AAVE, and HNT emerged as last week's top altcoin performers, overshadowing Bitcoin's stagnant price movement.
With a recovery rally in altcoins, the AAVE price trend jumps with the broader market boost. As bulls reclaim the $100 psychological mark, an actual bullish achievement comes with the $110 breakout.
Aave is a Decentralized Finance lending platform that runs on Ethereum. Non-custodial liquidity protocol allows users to earn interest, borrow assets, and build applications.
AAVE has witnessed a significant uptick over the last few days, resulting in a sharp increase in the last 24 hours.
With the increase in Bitcoin's dominance, the much-awaited altcoin season will face extended delays. To officially begin the alt season, at least 70% of the coins must outperform BTC, but it's only 6. At the time of writing, Bitcoin dominance is at 56.8%, peaking at 57.7% in last week.
The markets appear to have been more volatile since the start of the month when a massive crash occurred. Although the bulls have significant strength, they fail to hold the tokens above the gains.
Aave has shown strong bullish trends despite broader market downturns, while DTX Exchange is generating buzz with its ongoing token presale and innovative features. This article provides insights into Aave's price predictions and the exciting developments surrounding DTX Exchange, helping investors make informed decisions.
The price of Aave rose by 9% over the past day, as the lending and borrowing platform hit a new record in weekly active borrowers.
Despite increased bearish price action in the crypto market, the AAVE price has continued trading under a bullish sentiment, indicating a positive influence for the altcoin in the cryptocurrency space. Positively, these altcoins have displayed a strong bullish sentiment over the past few days.
AAVE price is among the few altcoins that are noting a bullish momentum at the moment despite the broader market's bearish cues.
Aave, a leading DeFi lending platform, is experiencing both growth and challenges, with record user activity and price gains offset by significant liquidations
Aave, a decentralized crypto lending platform, experienced a 9% price surge on Aug. 15 morning, positioning it as the top performer in the crypto market. At the time of this report, Aave's (AAVE) price remained 8% higher, trading at $106.
Ethereum lending protocols have been under intense bearish pressure, causing massive liquidations from the decentralized finance (DeFi) protocols. August is so far the worst month for these lending protocols on the Ethereum mainnet, which have witnessed liquidations worth more than $430 million.
As major crypto prices advance from earlier session lows following stronger-than-anticipated US Retail Sales data that has reduced investor fears about an imminent US recession, traders are eyeing up various top crypto performers today in the altcoin markets that might deliver fast gains.
Layer-2 chains Base and Scroll have contributed to Aave's recent borrower and depositor growth.
The Chart of the Week series has consistently delivered accurate predictions, and the past two weeks' focus on Aave and Sui is no exception. Both tokens moved as anticipated, allowing traders to hit profit targets and realize substantial gains.
As major cryptocurrency prices dipped – despite US Consumer Price Index (CPI) inflation data suggesting potential interest rate cuts by the Fed – traders sought refuge in the altcoin market, focusing on the day's top crypto performers.
The crypto market has seen a lot of activity lately, with some token prices rising very high. Aave (AAVE) and Mantle (MNT) have soared recently, which has caught many traders' eye. Even big-time analysts like Michaël van de Poppe and Sjuul are paying attention to them.
Popular analyst Michaël van de Poppe shares a list of altcoins that could bounce off more strongly after the last dip. This comes as crypto markets reel from the recent correction that saw Bitcoin (BTC) test the depths of $49,000.
The AAVE price witnessed a temporary ease from selling pressure on Monday's trading session, registering a 3% rise to $94. However, as the pioneer cryptocurrency, Bitcoin struggled to sustain above $60000, the altcoin market witnessed an intense overhead supply, signaling the potential for a prolonged downfall.
The Aave protocol has encountered a record-breaking $300 million in liquidations, triggered by a significant drop in Ethereum prices. This unprecedented liquidation event has impacted Aave's performance and its native token, AAVE, raising questions about the future stability and profitability of the protocol.
After going all-in on altcoins three months ago, professional crypto trader Michaël van de Poppe has shaken up his altcoin portfolio, adding cryptocurrencies he considers will offer solid returns on investment (ROI) following the recent crash.
The crypto market experienced wild fluctuations over the past week, with bears taking the charge. Amidst the downside, the Aave protocol saw historic liquidations. IntoTheBlock revealed that AAVE witnessed approximately $300 million in liquidations last week, the highest ever.
