Notcoin

Pendle

Bitcoin

when

Coin

<ul class="news-points">
 <li>Bitcoin’s drop to $59.8K triggers a broad crypto market decline</li>
 <li>NOT’s price drops 20% weekly, trading at $0.01302 amid bearish trends.</li>
 <li>PENDLE’s TVL falls 40% weekly, with user withdrawals totaling $3 billion.</li>
</ul>
The global crypto market has plunged back into bearish territory, with the leading digital currencies suffering significant losses. This downturn follows a brief recovery period on Monday when Bitcoin surged past the $63.7K threshold.
However, the resurgence was short-lived, as Bitcoin’s rapid decline to approximately $59,800 triggered a broader market sell-off, impacting altcoins like Notcoin (NOT) and Pendle (PENDLE).
CoinMarketCap data shows that NOT, which had been enjoying substantial gains earlier this month, fell by over 6% in a single day, erasing much of its recent progress. Meanwhile, PENDLE experienced an even steeper decline, losing nearly 15% of its market value as investors reacted to the widespread bearish sentiment.
<h2 class="wp-block-heading" id="h-not-token-loses-20-in-a-week">NOT Token Loses 20% in a Week</h2>
Over the past week, NOT has been trapped in a persistent downtrend, consistently marking lower lows and failing to secure stable support levels. This relentless bearish sentiment has resu…
The post <a href="https://coinedition.com/not-and-pendle-tokens-suffer-losses-amid-btcs-rebound-to-59-8k/" rel="noopener noreferrer nofollow">NOT and PENDLE Tokens Suffer Losses Amid BTC’s Rebound to $59.8K</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

NOT and PENDLE Tokens Suffer Losses Amid BTC’s Rebound to $59.8K

Indice dei contenuti

Coin Edition

Altri articoli pubblicati su 3 lug 2024

Lawsuit Against GameStop Trader Roaring Kitty Dismissed Just Days After Being Filed

Early Oil King Pepe Memecoin Buyer Makes Explosive 6,000% Profit, But Holds For Another 20,000% R...

CoinFactiva Review: Understanding Perpetual Futures in Cryptocurrency. Why Are They So Popular?

Clearpool Goes Live on Base to Let Institutions Access DeFi

Airdrop Insights: Free Tokens for All

Ripple and Coinbase Want to Set the Court's Binance Decision as a Precedent in Their Legal Battle...

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!