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Arkham ($ARKM) Crypto Forecast: Down 5.8% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Arkham?

Asset ARKM is a cryptocurrency token known for its innovative technology and strong community support. The overall cryptocurrency market has been volatile recently, with investors closely monitoring developments in the industry.

Why is Arkham going down?

ARKM crypto is down 5.8% on Jan 13, 2025 6:21

  • ARKM experienced a bearish movement today despite positive developments regarding BlackRock building a significant Bitcoin trove.
  • The shift in investor focus towards Bitcoin due to BlackRock's substantial investment may have prompted a sell-off in ARKM and other cryptocurrencies.
  • The market sentiment towards altcoins like ARKM could have been affected by the increasing attention on Bitcoin's institutional adoption.
  • Reallocation of funds from ARKM to Bitcoin by investors potentially contributed to the downward movement in ARKM's price.

ARKM Price Chart

ARKM Technical Analysis

ARKM News

BlackRock Builds $50,000,000,000 Bitcoin (BTC) Trove in Just 12 Months, According to Arkham

BlackRock Builds $50,000,000,000 Bitcoin (BTC) Trove in Just 12 Months, According to Arkham

https://dailyhodl.com/2025/01/12/blackrock-builds-50000000000-bitcoin-btc-trove-in-just-12-months-according-to-arkham/

0 News Article Image BlackRock Builds $50,000,000,000 Bitcoin (BTC) Trove in Just 12 Months, According to Arkham

Arkham Price History

21.10.2024 - ARKM Crypto was up 5.3%

  • ARKM saw a strong bullish movement today as Arkham announced the launch of a new spot trading exchange in the US, increasing accessibility and trading opportunities for investors.
  • The news of Arkham Exchange launching spot trading restricted to US users could have also contributed to the positive sentiment surrounding ARKM, hinting at potential growth and demand within the US market.
  • The overall bullish trend in the cryptocurrency market, coupled with specific developments from Arkham, likely fueled investor optimism and buying interest in ARKM, driving its price upwards.
  • The Bhutan government's move of Bitcoin to Binance exchange, while not directly related to ARKM, reflects the broader acceptance and integration of cryptocurrencies in traditional financial systems, further boosting confidence in the digital asset space.

21.10.2024 - ARKM Crypto was down 5.9%

  • The bearish movement in ARKM today could be attributed to profit-taking by investors after a period of bullish momentum.
  • The launch of spot trading on Arkham Exchange may have initially generated excitement and driven up the token's price, but as the news settled, some investors might have decided to sell off their positions.
  • The restriction of spot trading on Arkham Exchange to US users could have also limited the potential market impact, leading to a decrease in demand for ARKM.
  • Overall, the market reaction to the new spot trading platform seems to have been a short-term positive followed by a correction, resulting in the bearish movement of ARKM today.

13.00.2025 - ARKM Crypto was down 5.8%

  • ARKM experienced a bearish movement today despite positive developments regarding BlackRock building a significant Bitcoin trove.
  • The shift in investor focus towards Bitcoin due to BlackRock's substantial investment may have prompted a sell-off in ARKM and other cryptocurrencies.
  • The market sentiment towards altcoins like ARKM could have been affected by the increasing attention on Bitcoin's institutional adoption.
  • Reallocation of funds from ARKM to Bitcoin by investors potentially contributed to the downward movement in ARKM's price.

02.00.2025 - ARKM Crypto was up 14.9%

  • ARKM saw a strong bullish movement following a vital update, likely sparking increased investor interest and buying activity.
  • The expansion of ZND's ecosystem with new tradable assets and rewards may have created a positive sentiment in the broader cryptocurrency market, contributing to ARKM's upward price momentum.
  • Updates and developments in the crypto space could have instilled confidence in investors, leading to a surge in ARKM's price as part of the overall market optimism.

13.11.2024 - ARKM Crypto was down 5.1%

  • The bearish movement in ARKM today could be attributed to profit-taking by traders following a recent price surge.
  • Despite rumors of a security breach at Gate.io being debunked, the uncertainty in the cryptocurrency market may have contributed to the sell-off in ARKM.
  • BlackRock's massive investment in Bitcoin could have diverted attention and capital away from other cryptocurrencies like ARKM, leading to a decline in its price.
  • Overall, the combination of profit-taking, market uncertainty, and competition from Bitcoin's institutional investments likely influenced ARKM's bearish movement today.

19.11.2024 - ARKM Crypto was down 12.3%

  • The bearish movement in ARKM today could be attributed to profit-taking by investors after a recent price surge.
  • The revelation of a significant DeFi crypto asset investment by a notable individual, including ARKM, potentially influenced the token's price but triggered a subsequent sell-off as market implications were reassessed.
  • Collaborating with Sui for platform data may have been viewed positively for ARKM, although this news was overshadowed by prevailing market sentiment.
  • Speculations regarding a security breach at Gate.io, albeit unrelated to ARKM directly, might have instilled uncertainty across the broader cryptocurrency market, contributing to a downward trend for ARKM.

22.11.2024 - ARKM Crypto was down 10.0%

  • Today's bearish movement in ARKM may be linked to profit-taking by investors who had recently experienced significant gains.
  • The transfer of a substantial amount of BTC by a Bitcoin whale to new wallets might have introduced some uncertainty and fear to the cryptocurrency market, prompting a sell-off in ARKM.
  • Moreover, the surging valuations of meme coins like PENGU could have diverted investor attention away from ARKM and towards these meme coins, contributing to the bearish trend.
  • In summary, profit-taking, market uncertainty stemming from sizeable BTC movements, and the rising interest in meme coins may have collectively impacted the bearish movement in ARKM today.

22.11.2024 - ARKM Crypto was down 5.8%

  • The bearish movement in ARKM could be attributed to profit-taking by investors following a period of significant price growth.
  • The news of a Bitcoin whale moving a substantial amount of BTC to new wallets may have caused uncertainty and led to a broader sell-off in the cryptocurrency market, including ARKM.
  • Additionally, the report about Donald Trump's World Liberty Financial holding a significant amount of DeFi crypto assets could have raised concerns about regulatory scrutiny in the crypto space, impacting investor sentiment towards ARKM.
  • The partnership between Arkham Intelligence and Sui for platform data, while positive in the long term, might not have provided an immediate boost to ARKM's price, contributing to the bearish movement.

20.10.2024 - ARKM Crypto was up 5.7%

  • ARKM experienced a strong bullish movement today likely due to the launch of a spot trading platform in the US by Arkham Intelligence, providing more accessibility and trading opportunities for investors.
  • The news of a spot trading platform launch restricted to US users by Arkham Exchange could have also contributed to the positive sentiment around ARKM, as it indicates a growing interest and demand for the token within the US market.
  • Additionally, the involvement of the Bhutan Government moving Bitcoin to Binance Exchange might have boosted overall confidence in the cryptocurrency market, leading to increased investment in tokens like ARKM.
  • The commencement of trading for popular cryptocurrencies like Bitcoin, Dogecoin, and Solana on Arkham Exchange could have created a positive ripple effect, benefiting ARKM as well.

26.11.2024 - ARKM Crypto was down 5.2%

  • ARKM's bearish movement today could be attributed to profit-taking by investors after a recent price surge.
  • The partnership between Arkham Intelligence and Sui for platform data may have created some uncertainty in the market, leading to a sell-off of ARKM tokens.
  • The expansion of ZND's ecosystem with new tradable assets and rewards might have diverted some attention and investment away from ARKM, impacting its price negatively.
  • Overall market sentiment and profit-booking strategies might have played a significant role in ARKM's bearish movement today.

17.11.2024 - ARKM Crypto was down 5.3%

  • ARKM's bearish movement today could be attributed to the information of a notable figure's significant holding of DeFi crypto assets. This information might have raised concerns among investors about potential market manipulation or volatility.
  • Unfounded rumors about a security breach at a cryptocurrency exchange, even though proven false, could have added to the overall uncertainty in the cryptocurrency market, leading to a sell-off of tokens like ARKM.
  • The combination of negative information and market uncertainty likely prompted investors to take a cautious approach, resulting in the bearish movement of ARKM today.

09.11.2024 - ARKM Crypto was down 7.6%

  • ARKM experienced a bearish movement today despite the bullish news of a significant investment in Bitcoin.
  • The market may have reacted negatively to the potential competition and diversion of funds towards Bitcoin, impacting ARKM's price.
  • Investors might be concerned about the shifting focus towards Bitcoin, leading to a sell-off in ARKM as they reposition their portfolios.
  • This movement highlights the interconnected nature of the cryptocurrency market, where news about major players can influence the performance of other tokens like ARKM.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.