📉 Why is the crypto market down today? 📉

Total market cap dropped $89B due to spot Bitcoin ETF outflows

Bitcoin fell to $56,652 after $287M outflows

Bittensor's TAO declined 11%, losing $263 support #CryptoMarket #Bitcoin #Bittensor

🚨💥 DeFi Protocol Penpie loses $27M in hack, PNP token sinks 40%! 💥🚨

$27M stolen in staked ETH, sUSDE, and wrapped USDC

Hacker used Tornado Cash to conceal identity

Penpie's native token (PNP) down 40%, Pendle's token (PENDLE) down 8% #DeFi #CryptoHack #Penpie

📉🚨 NEAR targets double-digit drop as buying pressure craters. Down 16% this week, could slide another 23%. 🚨📉 #NEAR #Crypto

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Toncoin (TON) bulls aim to stop the Telegram coin from going underwater. Price drops 15% in 30 days but sees a 53% rise in short-term holders, suggesting potential recovery. Technical indicators support a price rebound, with resistance at $5.55. 📈🌊 #Toncoin #TON #CryptoMarket

Top crypto news this week: MATIC migrates to POL, Binance prepares to launch Solana staking, Fantom's Sonic Testnet goes live, and more. Key developments expected to impact the market. 🌐💸 #CryptoNews #MATIC #Solana #Fantom

PEPE price hints at strong gains and a bull market return this September. Trading at $0.0000074, bullish MVRV metrics suggest a market shift. Holding above $0.0000070 could push PEPE to $0.0000087 and $0.000010. 📈🐸 #PEPE #CryptoMarket #BullMarket

XRP price at risk as Ripple unlocks 1 billion tokens. The unlock triggered a bearish divergence with a 1% price drop and a surge in trading volume. Technical indicators suggest continued sell-off and potential further decline. 📉💸 #XRP #Ripple #CryptoMarket

Helium (HNT) tops market gains, rising 14% in the past week and 59% in the past month. Analyst predicts HNT could reach $20 by 2025. The token trades above the Ichimoku Cloud and major moving averages, indicating a bullish trend. 📈🌐 #Helium #HNT #CryptoMarket

Bitcoin eyes $54,000 amid September challenges, warns QCP Capital. Historical data shows September as Bitcoin's worst month, with an average return of -4.78% since 2013. Whales adjust portfolios, reflecting market volatility. 📉💸 #Bitcoin #BTC #CryptoMarket

Telegram meme coin DOGS could be set up for a potential rebound. The Money Flow Index is rising, indicating decreased selling pressure and potential buying interest. Funding Rate has increased, suggesting traders anticipate a price increase. 📈🐶 #DOGS #CryptoMarket #MemeCoins

Tron meme coins soar on Justin Sun’s energy, fees, and NFT talks. Sundog (SUNDOG) rises 10% amid bullish updates. SunPump outshines Solana’s Pump.fun, boosting revenue and optimism for Tron’s TRX token. 📈🐶 #Tron #MemeCoins #JustinSun

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Europe Crypto Roundup: TON Society issues open letter to France, IOTA finalizes EU blockchain project, and more. Key updates reflect Europe’s dynamic crypto environment. 🌐💸 #EuropeCrypto #TON #IOTA

What should investors expect from Solana (SOL) in September 2024? SOL's price will likely continue its consolidation under $160 due to bearish conditions. Experts believe SOL could have a disappointing month given its absence from the ETF market and institutional outflows. 📉🌐 #Solana #SOL #CryptoMarket

3 token unlocks to watch next week: Taiko (TAIKO), Immutable (IMX), and Mode (MODE). Total value unlocked exceeds $77 million. Token prices may experience significant fluctuations. 🔓📈 #TokenUnlocks #CryptoMarket #September2024

Shiba Inu community’s $100,000 vote highlights push for greater transparency. The DAO is deciding how to allocate 37.5 ETH from a partner project, with options including a multisig wallet and burning SHIB tokens. 🗳️🐶 #ShibaInu #SHIB #CryptoTransparency

3 hidden gem altcoins that can yield gains in September: Helium (HNT), SUN.io (SUN), and BinaryX (BNX). HNT aims to break consolidation, SUN rose 326% in 9 days, and BNX is bouncing off support. 📈💎 #Altcoins #CryptoMarket #SeptemberGains

Cardano’s governance shifts to ADA holders with historic Chang hard fork. The upgrade marks a major milestone towards decentralized governance, empowering ADA holders to vote on proposals. 🗳️🌐 #Cardano #ADA #CryptoGovernance

Why is the crypto market down today? The total crypto market cap dipped below $2 trillion, losing $60 billion in 24 hours. Bitcoin’s price added to its week-long decline, now down 10%. Meme coin DOGS took the biggest hit, falling 14% to a new all-time low. 📉💸 #CryptoMarket #Bitcoin #DOGS