• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Polkadot Ventures Into Bearish Zone: What’s The Subsequent Transfer For DOT?

SB Crypto Guru News by SB Crypto Guru News
June 14, 2023
in Bitcoin
0 0
0
Polkadot Ventures Into Bearish Zone: What’s The Subsequent Transfer For DOT?


Polkadot (DOT), one of many main cryptocurrencies within the ever-evolving blockchain ecosystem, is at the moment navigating a vital juncture in its restoration journey.

Regardless of exhibiting promising indicators of rebounding from earlier value corrections, DOT’s path to sustained development is encountering important roadblocks that might doubtlessly lure sellers again into the market. 

Associated Studying: XRP Smothered In Purple Regardless of Huge Whale Accumulation, Hinman Docs Launch

On this unstable panorama, one should marvel: Will DOT overcome these obstacles and reestablish its bullish momentum, or will it succumb to the pressures of the market, presenting a possibility for sellers to grab management as soon as once more? 

Allow us to delve into the elements that form DOT’s restoration and discover the potential implications for market contributors.

Polkadot Restoration Faces Hurdles Amid SEC Lawsuit 

Polkadot (DOT) has been caught within the crosshairs of a current lawsuit involving Binance and america Securities and Trade Fee.

Whereas the SEC failed to mention DOT as a security, the lawsuit nonetheless has sparked considerations and contributed to the substantial decline in its worth over the previous week.

After the massive information from yesterday about @SECGov and @binance, Crypto Twitter is floated with messages concerning these tokens the SEC talked about and considers a Safety, together with SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, and AXS

However what about DOT (Polkadot)… effectively, for… pic.twitter.com/yuGUHpf4s6

— JC Web3 Advertising and marketing .DOT (@IamJulianaC) June 6, 2023

The market’s response to this classification, coupled with prevailing macro headwinds, has brought on DOT’s value to plummet.

Nevertheless, on June 10, the downward trajectory of DOT’s worth confirmed indicators of easing, giving the asset an opportunity to reverse a few of its current losses. Regardless of this glimmer of hope, the highway to restoration stays difficult for Polkadot.

As of now, DOT continues to face a substantial setback, with a seven-day decline of 9.31%. CoinMarketCap stories DOT’s present value at $4.65. This substantial lower in worth has raised questions concerning the asset’s capacity to regain its earlier power.

Though a minor 0.45% rally occurred prior to now 24 hours, the general pattern for DOT stays on the draw back. This raises the chance that the current market situations may entice sellers to re-enter the market, additional impeding DOT’s restoration efforts.

Bitcoin’s Potential Influence On DOT Worth: A Glimmer Of Hope?

In the meantime, Bitcoin has lengthy held the facility to sway the costs of different digital belongings. Because the flagship cryptocurrency, Bitcoin’s actions typically have a ripple impact on the broader market. This correlation raises the potential for a possible lifeline for DOT amidst its current struggles.

Bitcoin’s current efficiency has been a subject of intense hypothesis and evaluation amongst merchants and buyers.

At present buying and selling under the important thing psychological degree of $26,000, Bitcoin’s journey towards reclaiming this threshold may maintain important implications for your entire cryptocurrency market, together with Polkadot.

If Bitcoin manages to regain the coveted $26,000 degree, it may inject renewed confidence and optimism into the cryptocurrency area.

Such a resurgence in Bitcoin’s value typically results in a domino impact, with different main cryptocurrencies benefiting from the renewed market sentiment.

Polkadot, being one of many distinguished altcoins, may doubtlessly experience the wave of Bitcoin’s restoration.

(This website’s content material shouldn’t be construed as funding recommendation. Investing entails threat. While you make investments, your capital is topic to threat).

Featured picture from iStock





Source link

Tags: BearishBitcoin NewsCrypto NewsCrypto UpdatesDOTLatest News on CryptoMovePolkadotSB Crypto Guru NewsVenturesWhatsZone
Previous Post

Blockchain Australia Denounces Latest Banking Restrictions on Crypto Funds

Next Post

‘Each politician’ should see Steve McQueen’s Grenfell hearth movie, says former UK prime minister Gordon Brown on sixth anniversary of tragedy

Next Post
‘Each politician’ should see Steve McQueen’s Grenfell hearth movie, says former UK prime minister Gordon Brown on sixth anniversary of tragedy

‘Each politician’ should see Steve McQueen’s Grenfell hearth movie, says former UK prime minister Gordon Brown on sixth anniversary of tragedy

  • Trending
  • Comments
  • Latest
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

January 29, 2025
NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

September 6, 2024
VP.NET: The VPN That Doesn’t Ask for Your Trust – It Makes Tracking You Technically Impossible

VP.NET: The VPN That Doesn’t Ask for Your Trust – It Makes Tracking You Technically Impossible

0
Starbucks Execs Can Earn Millions in Performance Stock Grants

Starbucks Execs Can Earn Millions in Performance Stock Grants

0
Bitcoin’s Latest Profit-Taking Spree Was Driven By HODLers

Bitcoin’s Latest Profit-Taking Spree Was Driven By HODLers

0
NCB Nabs ‘Ketamelon’ Mastermind in LSD, Crypto Raid

NCB Nabs ‘Ketamelon’ Mastermind in LSD, Crypto Raid

0
JD.com, Ant Group Push For Yuan Stablecoin Launch

JD.com, Ant Group Push For Yuan Stablecoin Launch

0
Character.AI Unveils Real-Time AI Video Technology with TalkingMachines

Character.AI Unveils Real-Time AI Video Technology with TalkingMachines

0
VP.NET: The VPN That Doesn’t Ask for Your Trust – It Makes Tracking You Technically Impossible

VP.NET: The VPN That Doesn’t Ask for Your Trust – It Makes Tracking You Technically Impossible

July 4, 2025
Bitcoin’s Latest Profit-Taking Spree Was Driven By HODLers

Bitcoin’s Latest Profit-Taking Spree Was Driven By HODLers

July 4, 2025
Character.AI Unveils Real-Time AI Video Technology with TalkingMachines

Character.AI Unveils Real-Time AI Video Technology with TalkingMachines

July 4, 2025
Revised Elliott Wave Count Reveals When To Sell Bitcoin — It’s Above 0,000

Revised Elliott Wave Count Reveals When To Sell Bitcoin — It’s Above $300,000

July 4, 2025
Bitcoin Price Coiling Up — Is a Surge Past 0K on Deck?

Bitcoin Price Coiling Up — Is a Surge Past $110K on Deck?

July 4, 2025
Toncoin Walks A Tightrope At .80 As Market Tension Builds

Toncoin Walks A Tightrope At $2.80 As Market Tension Builds

July 3, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.