Bitcoin (BTC) faces the potential for a drop to $54,000 or lower as new geopolitical tensions impact BTC price strength.
Bitcoin traders are now setting sub-$60,000 price targets after BTC/USD experienced a more than 5% decline within 24 hours.
Market anxiety surrounding events in the Middle East has significantly affected the crypto market. Recent data from Cointelegraph Markets Pro and TradingView reveals that the total crypto market cap has fallen by 7.2% over the past two days.
Bitcoin reacted to the turmoil in typical fashion, approaching the $60,000 support level before reversing.
However, some traders believe that the worst is yet to come.
“Volume going up with price going down usually signifies a strong downtrend,” popular trader Roman warned in his latest analysis on X.
“More confluence for my idea that we will revisit the 55-57k area before a potential reversal. Regardless, I will be looking for long setups along the way.”
Such price levels have not been seen on BTC/USD in two weeks, but even lower targets are now under consideration.
Trader and analyst Toni Ghinea expressed concerns that Bitcoin may not only breach $60,000 but could also hit $54,000.
“I said $BTC will make the BULL TRAP above 58k,” he noted, predicting a “bearish” October ahead.
As previously reported by Cointelegraph, expectations had leaned toward significant gains this month, as October usually sees an average BTC price increase of 23%.
Others have warned that any further geopolitical unrest could intensify pressures on risk assets.
In their latest bulletin, trading firm QCP Capital pointed out that crypto had been “hit much harder” than oil and equities.
“We seem to have found some support at the 60k level, but further escalation could push us much lower, possibly to the 55k level,” they forecasted.
“Middle East geopolitics will steal the limelight for now, but the shallow sell-off suggests that the market remains well bid for risk assets. This minor setback shouldn’t distract from the bigger picture.”
Crypto trader, analyst, and entrepreneur Michaël van de Poppe also remains optimistic about the longer-term outlook.
In his recent X updates, he noted that the BTC price drop has reduced order book liquidity.
“I think we’re fairly close to the low, maybe have another sweep of the low at $60K and reverse from here,” he concluded.
Elon the Manipulator could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Elon the Manipulator (ELONMAN), a new Solana memecoin that was launched today, is set to explode over 14,000% in price in the coming days.
This is because ELONMAN is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elon the Manipulator can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elon the Manipulator could become the next viral memecoin.
Elon the Manipulator launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Elon the Manipulator on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon the Manipulator by entering its contract address – EoyaH5mu714njSykwEriSN5MLX6qUaiXfkRerob9Cv2a – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONMAN.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Pepe October could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Pepe October (PEPEOCTO), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because PEPEOCTO is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Pepe October can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Pepe October could become the next viral memecoin.
Pepe October launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Pepe October on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe October by entering its contract address – 3TQoPEwAXAQZ7RPs1h3TwZ7QwWDz2UDda5yvYPVrQakJ – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPEOCTO.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Degen Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Degen Trump (DEGTRUMP), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because DEGTRUMP is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Degen Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Degen Trump could become the next viral memecoin.
Degen Trump launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Degen Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet and swap Solana for Degen Trump by entering its contract address – HFPtQ8Uu23US2ziuyQanSYjnnB3uWcykMPhjC2fsHQjL – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like DEGTRUMP.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Elon the Manipulator could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Elon the Manipulator (ELONMAN), a new Solana memecoin that was launched today, is set to explode over 14,000% in price in the coming days.
This is because ELONMAN is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elon the Manipulator can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elon the Manipulator could become the next viral memecoin.
Elon the Manipulator launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Elon the Manipulator on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon the Manipulator by entering its contract address – EoyaH5mu714njSykwEriSN5MLX6qUaiXfkRerob9Cv2a – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONMAN.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Degen Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Degen Trump (DEGTRUMP), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because DEGTRUMP is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Degen Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Degen Trump could become the next viral memecoin.
Degen Trump launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Degen Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet and swap Solana for Degen Trump by entering its contract address – HFPtQ8Uu23US2ziuyQanSYjnnB3uWcykMPhjC2fsHQjL – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like DEGTRUMP.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Elon the Manipulator could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Elon the Manipulator (ELONMAN), a new Solana memecoin that was launched today, is set to explode over 14,000% in price in the coming days.
This is because ELONMAN is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elon the Manipulator can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elon the Manipulator could become the next viral memecoin.
Elon the Manipulator launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Elon the Manipulator on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon the Manipulator by entering its contract address – EoyaH5mu714njSykwEriSN5MLX6qUaiXfkRerob9Cv2a – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONMAN.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Degen Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Degen Trump (DEGTRUMP), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because DEGTRUMP is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Degen Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Degen Trump could become the next viral memecoin.
Degen Trump launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Degen Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet and swap Solana for Degen Trump by entering its contract address – HFPtQ8Uu23US2ziuyQanSYjnnB3uWcykMPhjC2fsHQjL – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like DEGTRUMP.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Ripple, a prominent crypto payments infrastructure provider, has received in-principle license approval from the Dubai Financial Services Authority (DFSA). This approval allows the company to establish a presence in the United Arab Emirates (UAE).
On Oct. 1, Ripple announced that it secured this in-principle license, which is a necessary step toward obtaining a full license in Dubai. Once fully approved, Ripple will offer cross-border payment services for both fiat and digital assets within the Dubai International Financial Center (DIFC), a special economic zone in Dubai.
In its official statement, Ripple said:
“This milestone significantly strengthens Ripple’s global footprint as a regulated entity and enables the introduction of seamless cross-border payment services, including Ripple Payments Direct (RPD), in the UAE.”
To finalize the process, companies in the DIFC, including those in the crypto sector, must meet several obligations, such as securing office space within the zone. Following successful registration, the DIFC will issue a full license to the applicants.
Ripple is aiming to be the first blockchain-enabled payment services provider licensed by the DFSA. The company plans to launch its enterprise-grade digital asset infrastructure in the UAE. Ripple CEO Brad Garlinghouse remarked:
“With its forward-thinking regulatory approach and clear guidance for innovative businesses seeking to invest and scale, the UAE is positioning itself as a global leader in this new era of financial technology.”
Additionally, Ripple intends to utilize Dubai as a strategic hub to tap into fast-growing crypto markets across the Middle East, Africa, and South Asia.
Salmaan Jaffery, chief business development officer of the DIFC Authority, noted Dubai’s advantageous position as a global hub:
“Dubai’s strategic location and DIFC’s robust legal and regulatory framework, built on two decades of experience, makes this the ideal hub for international businesses looking to make a lasting impact.”
Moreover, Dubai’s digital asset regulator has recently implemented stricter requirements for companies marketing crypto investments, mandating disclaimers on their marketing materials to enhance consumer protection.
Flying Pepe could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Flying Pepe (PEPEFLY), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days.
This is because PEPEFLY is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Flying Pepe can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Flying Pepe could become the next viral memecoin.
Flying Pepe launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Flying Pepe on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Flying Pepe by entering its contract address – BoJEPfp9ijc6DSAE97fuD4sZ5ubXVFhPaGcdd6Gs4kg1 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPEFLY.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.