Crypto News Sentiment

Updated: 1 month and 19 days ago

Crypto markets see PENGU, Bitcoin and Ethereum eye gains amid surges in open interest. However, Aave faces a liquidity crisis and XRP plummets, contributing to $735M in liquidations market-wide.
Positive news

PENGU Heats Up: Nearly $600M In Open Interest Sparks Rally Talk Open interest in PENGU has surged to $591 million, along with a significant spike in derivatives volume to over $4.43 billion. This indicates growing trader interest and potential for a rally.

Bitcoin Price Aims Fresh Gains After Consolidation Bitcoin is poised to break through $118,500 and potentially $120,250, gaining bullish momentum if it clears these resistances. The price is currently above $118,600 and trading above the 100-hour simple moving average.

PEPE Stays Strong Despite a Bit of a Dip Despite a 5% drop in the last 24 hours, PEPE's weekly trend remains bullish. The cryptocurrency is currently valued at approximately $0.00001313.

Ethereum Ready For $3,800 Reclaim Despite Rejection – Third Time’s The Charm? Ethereum aims to reclaim critical resistance levels after a 70% rally in the past month. Analysts suggest potential for new highs but warn of possible pullbacks.

Crypto News Today: Latest Updates for July 24, 2025 Updates include Ethereum flipping Bitcoin in spot volume, whales loading up on ETH, and an altcoin rotation. Detailed news can be found on Cryptonews.

Are Traders Walking Into a Bitcoin Bull Trap at $118K? Here’s What the Data Shows Bitcoin’s recent price action suggests a consolidation phase rather than a decisive move. The current trading range is around $118,000, reflecting a gradual pullback from an all-time high.

Solana’s Block Capacity Rises with Latest SIMD Proposal Solana’s block capacity is set to increase with the latest SIMD proposal, according to CoinCu News.

Negative news

SUI Market Grows with Major Futures Activity Futures open interest in Sui (SUI) has surged to approximately $1.2 billion, indicating significant investment from large investors in the cryptocurrency.

Liquidity Crisis Hits Aave Due to Large Withdrawals Major withdrawals from Aave have led to a liquidity squeeze, triggering mass position closures and long staking queues in the DeFi protocol.

Ethereum Price Corrections and Support Levels Ethereum is experiencing a downward correction from $3,850, with potential support near $3,520. The price is below the $3,680 level and the 100-hourly Simple Moving Average.

XRP Price Correction and Bearish Trends XRP is undergoing a correction from $3.650, trading below $3.30 with risks of further losses. A bearish trend line is forming, with potential support at $3.050.

Crypto Market Plunge Causes Massive Liquidations A sudden downturn in the crypto market led to $735 million in liquidations, impacting Ethereum, XRP, and Solana, highlighting increased risk exposure.

XRP Token Plummets with Significant Losses XRP has dropped significantly below its previous all-time high, wiping out $90 million worth of long positions.

PUMP Token Collapses Post-Airdrop Rejection Pump.Fun's PUMP token fell 14% in 24 hours and over 40% in 7 days after the founder ruled out an airdrop.

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