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The crypto market continued doing well on Thursday as demand from retail investors rose. Many of these investors are simply buying the dip after these coins crashed by double digits from their highest levels in November last year.
Here's how some of your favorite assets concluded the week.
The Jasmy price has moved into a bear market after crashing from last year's high of $0.0595 to $0.012, its lowest level since February last year.
Despite a recent recovery, the cryptocurrency market downtrend continues. In a situation where the market's volatility and unpredictability are high, smart crypto trading decisions are mandatory, especially to save oneself from losses.
Binance has announced the first batch of “Vote to Delist” tokens, adding top altcoins such as JasmyCoin (JASMY), Zcash (ZEC) and FTX Token (FTT). The exchange said these first tokens in the community co-governance initiative on listing and delisting have monitoring tags.
Cryptocurrency prices resumed their downward trend on Tuesday as market participants awaited the second Federal Reserve interest rate decision of the year. Pi Network (PI), the viral tap-to-earn token, was one of the worst performers, dropping by almost 13%.
Crypto prices will be in the spotlight this week as investors focus on the upcoming Federal Reserve interest rate decision and Donald Trump's tariffs. Hopes that the Fed will embrace a more dovish tone will be a bullish catalyst for these assets.
The cryptocurrency market remains on edge as Bitcoin (BTC) struggles within a tight range of $76,000 to $84,472, weighed down by trade tensions and economic uncertainty.
Bitcoin and most altcoins bounced back on Friday as investors bought the dip after a report showed that consumer confidence had slumped. Ripple (XRP) price jumped by 4%, while Chainlink (LINK), Bonk (BONK), and JasmyCoin (JASMY) rose by over 5%.
LINK's daily chart shows that the asset has bounced above a key support at $12.70 and today's uptick has contributed to improving momentum indicators as the asset distances itself from this level.
Traders have little reason to go long, unless they are scalping, and can use the downtrend to look to sell.
JasmyCoin (JASMY), a prominent player in the cryptocurrency market, recently experienced a notable rise in its price, gaining over 10% within a 24-hour span. However, despite this promising upward momentum, a combination of sell-offs by large investors and looming resistance levels has created significant concerns for those holding or looking to invest in the digital asset.
Despite a bullish move, the market isn't completely aligned yet.
JasmyCoin has created history with its mind blowing hold over the world. The financial system was revolutionized when JasmyCoin started climbing the ladder.
Cryptocurrency prices suffered a big dive this week costing investors billions of dollars. Bitcoin has retreated below $80,000, while the total market cap of all these coins plunged by 5.40% to $2.64 trillion. This means that crypto investors have lost almost $1 trillion in the past few months.
Cryptocurrency prices plunged on Tuesday, extending a downtrend that began in November last year. Bitcoin (BTC) fell below the critical support level of $89,220, reaching an intraday low of around $86,000.
Jasmy Coin price continued its downward trend this week as the crypto fear and greed index fell to 35, reflecting increased market uncertainty. The JasmyCoin (JASMY) retreated to $0.021, marking a 63% decline from its December high.
Jasmy price has pulled back in the last two months, falling by over 60% from its November highs. It still continues having bearish pressure as investors remain fearful to buy the dip, causing a series of lower lows.
Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days.
Cryptocurrency prices are crashing, with the total market capitalization of all coins falling by nearly 4% to under $3.6 trillion.
JasmyCoin (JASMY) is generating a lot of buzz in the cryptocurrency market after a significant price rally in the past 24 hours. The digital asset surged by 26%, accompanied by a dramatic increase in trading volume, which high by 440% to a total of $525.23 million.
JasmyCoin (JASMY) has been making headlines in the cryptocurrency market with an impressive 30% price surge in a single day, marking a remarkable turnaround for the IoT-based token. As of today, JASMY is trading at $0.0377, with a significant increase in its 24-hour trading volume, which reached $515.98 million.
JASMY is on the verge of establishing a new high following weeks of decline.
The cryptocurrency market on January 31, 2025, experienced a slight correction, with the total market capitalization dropping by 1.8% to $3.69 trillion. Despite this pullback, the market remained quite active, with 24-hour trading volume reaching $116.99 billion.
