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James Wynn has been liquidated for 155.38 BTC valued at $16.14 million in a frenzied tussle between bulls and bears. Previously, Wynn had narrowly escaped liquidation by just $40 after making a clutch deposit of $74,000 in USDC to save his position. James Wynn Liquidated For 155.38 Bitcoin After A $40 Save Just days after
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Cryptocurrencies price trends are showing significant movement, with Bitcoin price hovering around $81k after a slight recovery of 5% yesterday. This comes after a notable price correction in the past few days. The global cryptocurrency market cap stands at $2.64 trillion, reflecting a 0.91% increase within the last 24 hours. However, volatility is expected as the U.S. Consumer Price Index (CPI) data is set to be released today, Wed, March 12th, which may impact market activity.
U.S. Consumer Price Index (CPI) data will be released on Wednesday, March 12, attracting significant market attention. Projections indicate a 2.9% increase in inflation, but actual inflation is expected to come in much lower at around 2.4-2.5%.
Current true inflation statistics demonstrate this pattern since the CPI reveals positive signs of deceleration. Market observers remain focused on the possibility of Bitcoin price growth because the economy shows both current inflation challenges and initial adverse crypto market trends.
CPI data tomorrow will come in way lower than expected. It’s already been proven with tru inflation data. Projected is 3% expected is 2.9% and the actually numbers are 2.4-2.5%
If you’re sidelined, un-sideline yourself.
Thank me later.
— Cosplay (@cosplayautist) March 11, 2025
The BTC price hovered around $81,720 on March 12, 2025, as volatility remained a defining feature in the crypto market. Despite fluctuations, the BTC price maintains a relatively stable range, with a critical support level established just below $80,000.
The Moving Average Convergence Divergence (MACD) reveals mixed signals. The MACD line is above the signal line in the 4-hour chart.
The Relative Strength Index (RSI) remains in a neutral zone at 44.37, just above the 40 mark, hinting that Bitcoin is neither overbought nor oversold, with $82k acting as a significant resistance level. If the BTC price breaks this, the next level lies at the $90k mark.
On the downside, if the Bitcoin price prediction fails to maintain support around $80k, further declines might bring the price closer to the $70,000 range.
The other crypto markets are seeing a slight surge, with ETH price struggling to regain its trend amid market uncertainty. The latest ETH price is trading at $1,910, reflecting a minor 1% increase.
If Ethereum price prediction continues to face downward pressure and closes below $1,900, it may test its next support level at $1,800. On the other hand, if a recovery happens, ETH could rally back above the $2,200 level.
The top altcoin market, like XRP, is showing a strong performance, up by over 5%, while Solana (SOL) hovers around $130 with a modest 0.2% increase. Dogecoin (DOGE) also experiences a 5% uptick, as other top coins follow the upward momentum.
The upcoming CPI data will significantly affect the Bitcoin price fluctuations. Market changes after the CPI response will establish future market patterns specifically when inflation trends downwards. If the market conditions stay favorable Bitcoin may push through greater resistance points while cryptocurrencies price exchange values continue to change as expected.
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Solana price is stuck within the range of $140 and $150, but a deep dive into technical analysis suggests that the altcoin may reach $300 soon. Moreover, robust fundamentals, including a surge in SOL staking volumes, support this bullish outlook.
SOL value today trades at $150 after facing rejection at the $153 resistance level. The token eyes more gains this weekend amid a positive shift in the broader market sentiment after Bitcoin broke above $97,000 for the first time in two months.
The Solana price is about to enter a recovery phase that may culminate in a 100% surge to $300. This is according to analyst Mihir, who observed that SOL has been trending upwards since 2023, and defending resistance at the lower ascending trendline.
In his analysis, Mihir noted that each time the SOL price bounces from this trendline, it goes on an uptrend. In 2023, the token recorded a 2x rally after making such a bounce, and later in 2024, SOL went on a parabolic bull run from below $20 to an all-time high of $294 after recovering from this support level.
If history rhymes, Solana may have entered a recovery phase, which may push the price upwards to as high as $300 in the near term. This bullish leg may occur in the coming months.
SOL price also eyes gains after analyst Colin Wu noted that Solana has surpassed Ethereum in staking volumes, a phenomenon that has sparked discussions within the crypto community about whether SOL is now a more secure layer 1. Solana staking volumes stand at $61 billion, which is slightly higher than Ethereum’s $58.7 billion.
While this data suggests that validators are favouring the Solana network over Ethereum, the latter still leads in terms of blockchain security. However, this surge may still fuel a Solana price rally as high staking volumes indicate that a majority of tokens are being taken out of the circulating supply, which may trigger a supply squeeze if demand surges.
The four-hour Solana price chart teases that this altcoin is on the path towards a bullish breakout if it can overcome crucial resistance hurdles at $153 and $180. If it clears these levels, SOL might make a run up to $205 and kickstart an uptrend towards $300.
The RSI supports this bullish Solana price forecast, after its recent bounce above 50, suggesting that the bullish momentum is growing strong. However, this indicator needs to make a series of higher highs for the bullish continuation to play out. If it drops below 50, it will invalidate this bullish thesis and trigger a downtrend to support at $115.
To sum up, Solana price is flashing bullish signals, with its bounce from a descending trendline and robust fundamentals suggesting that a move to record highs may be on the horizon. The four-hour chart shows a major hurdle at $153 that SOL needs to overcome to avert going back to a downtrend.
The post Here’s How Solana Price May Hit $300 Supported By This Critical Trend Line appeared first on CoinGape.
The crypto market will receive a boost next week when the Securities and Exchange Commission (SEC) hosts a roundtable on tokenization. This meeting, which BlackRock will participate in, marks a major shift in how the agency regulates the industry. This article looks at the top 5 altcoins that will explode ahead of the SEC meeting with BlackRock and other firms.
Top altcoins in the Real World Asset Tokenization industry will surge ahead of the inaugural SEC roundtable on tokenization. This event will take place on May 12 and will have representatives from companies like BlackRock, Franklin Templeton, Apollo Management, Invesco, and Robinhood. Collectively, all these firms have over $15.6 trillion in AUM.
The roundtable will also have representatives from top companies in the crypto market like Securitize, DTCC, Blockchain Capital, and Maple Finance. It will happen at the agency’s headquarters, and according to SEC’s Hester Pierce, it will generate ideas on how the SEC should approach the industry.
Some of the top altcoins to buy ahead of the SEC meeting with BlackRock are Ondo Finance (ONDO), Ethereum (ETH), Ethena (ENA), Chainlink (LINK), and Stellar (XLM).
Ondo is one of the top RWA altcoins to buy before the SEC roundtable. It is a top player that offers yield-bearing stablecoins like US Dollar Yield (USDY) and US Treasuries Yield (OUSG).
It will likely do well because it partners with BlackRock and Securitize. The OUSG token is backed by BlackRock’s BUIDL, which was launched in partnership with Securitize.
ONDO price has formed a falling wedge chart pattern on the daily chart, and it is above the ascending trendline that links the lowest level since March 24. As such, it will likely retest this trendline and then surge towards the meeting.
Ethereum is another top altcoin to buy. Its main relationship with BlackRock is that the company runs ETHA, the biggest spot Ethereum ETF in the industry. It will also be a major player in the tokenization industry.
ETH price has formed a small bullish flag pattern on the daily chart, pointing to an eventual rebound to $2,135, the lowest level in August last year. A move above that level will point to more gains, possibly to $2,500.
Ethena runs USDe, the fourth-biggest stablecoin with over $4.6 billion. Its main catalyst is that it has a partnership with Securitize, which will participate in the SEC meeting with BlackRock and other companies. They are building the Convergence Blockchain and are collaborating on USDtb, a stablecoin backed by BlackRock’s BUIDL.
Ethena price has formed a double-bottom pattern at $0.2690, pointing to an eventual rebound in the coming weeks. If this happens, the value of ENA will likely rise to the resistance at $0.3791.
Chainlink is one of the top RWA altcoins that may explode ahead of the SEC meeting with BlackRock. It will benefit because its Cross-Chain Interoperable Protocol (CCIP) feature is the backbone of many tokenization projects.
LINK price has formed a giant megaphone pattern on the weekly chart, pointing to more gains in the coming weeks. The target will be $30, up by 135% above the current level.
Stellar is one of the top crypto tokens that may surge ahead of the meeting. That’s because Franklin Templeton will also participate in the roundtable. Franklin’s $450 million tokenized fund runs on the Stellar’s network.
The most likely Stellar price forecast is bullish because it has formed a falling wedge pattern. It has also retested the support at $0.25, and could rebound soon.
This article has identified some of the top altcoins to buy ahead of the SEC meeting with BlackRock and other firms. Most of these crypto tokens have a relationship with BlackRock and are large players in the RWA industry.
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