Bitcoin retested the key $28,500 support zone against the US Dollar. BTC is rising and the bulls might aim a clear move above the $30,600 resistance. Bitcoin is trading in a major range below the $30,600 resistance zone. The price is now trading near the $29,800 level and the 100 hourly simple moving average. There […]
Data shows the Bitcoin spot trading volume has once again come back down to normal values for 2022 after the big surge recently. Bitcoin Trading Volume Falls Back Down To Values Around $4 Billion As per the latest weekly report from Arcane Research, the Bitcoin trading volume has plummeted back down after the recent high […]
Crypto market sentiment has dropped into the far negative once more. This has been one in the making ever since the Terra crash had begun and investors had scrambled to leave the market. A culmination of this and speculations that the market is headed into one of the longest bear trends ever recorded has now […]
Bitcoin price extended decline below the $30,000 zone against the US Dollar. The price is now trading above $32,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $30,250 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a […]
Institutional investors have been a big part of the crypto market ever since they started investing in the market. Just like every other investors, institutional investors are not immune from the wild price fluctuations that characterizes the crypto market. This has resulted in big money looking for safe havens to move their money into while […]
The crypto markets have accepted the depegging of UST and the subsequent downward spiral of LUNA, both of which impacted the price of Bitcoin and the entire digital asset spectrum. According to a recent report by the Glassnode team, the Bitcoin market has been trading lower for eight weeks, making it the ‘longest continuous series […]
The Bitcoin price prediction shows BTC is rising from the opening price of $29,000 as the buying interest approaches $30,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,340 Bitcoin market cap – $559.9 billion Bitcoin circulating supply – 19.0 million Bitcoin total supply – 19.0 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: […]
Bitcoin and Ethereum have been at the forefront of market sell-offs that were triggered by the UST crash. Since then, sellers have continued to dominate the market and even with buyers making significant moves, it continues to be a seller’s market. The hope had been that a reversal in this trend would be witnessed with […]
Buyers Sustain Hold above $28K for a Rebound – May 24, 2022 BTC/USD has been in a sideways trend as it holds above $28K for a rebound. Since May 12, Bitcoin traded between $28,000 and $32,000 price levels. BTC price is currently trading in a tight range as the largest cryptocurrency faces selling pressure at […]
Following strong gains to start the week, BTC once again fell under $30,000, as crypto prices moved lower on Tuesday. The downturn follows up from yesterday’s rally, which came as Balenciaga announced it would be accepting crypto payments. ETH also dropped, falling under $2,000 today. Bitcoin Bitcoin fell under $30,000 on Tuesday, as bears returned […]
The crypto market has been in decline over the past six months with its valuation dropping from over $3 trillion in November 2021 to $1.23 trillion in May 2022. Fears over persistently higher inflation, the Federal Reserve’s hawkish response to it, and the ongoing conflict between Ukraine and Russia prompted investors to limit their exposure […]
Bitcoin price is consolidating above USD 28,500. Ethereum is still above USD 1,920, XRP is nearing USD 0.40. TRX jumped over 5%. Bitcoin price started another decline from the USD 30,500 resistance zone and dropped below the USD 29,500 support level. However, it is currently (11:45 UTC) consolidating near USD 29,300 and still holds the […]
Bitcoin price failed to clear the key USD 30,500 resistance. Ethereum topped near USD 2,080, XRP is struggling below USD 0.45. LRC is the best performer today. Bitcoin price attempted an upside break above the key USD 30,500 resistance zone, but failed to gain strength for a clear move and corrected lower. It is currently […]
Bitcoin failed again to clear the $30,600 resistance zone against the US Dollar. BTC is declining, but the bulls might remain active near $28,500. Bitcoin failed to gain strength for a move above the $30,600 resistance zone. The price is now trading below the $30,000 level and the 100 hourly simple moving average. There was […]
On Monday, the cryptocurrency and Bitcoin market turned positive, attempting to break out of its current downturn, with market capitalization rising 1.5% to $1.37 trillion. The largest cryptocurrency, Bitcoin , reached $30,554, up 1.2%. Bitcoin Price Sheds Gains The Bitcoin price’s downhill movement is becoming increasingly apparent. A rally towards $33,700 is possible. For nearly […]
Bitcoin price is trying to reclaim USD 30,000. Ethereum is facing hurdles below USD 2,050, XRP is consolidating above USD 0.40. XTZ and AXS are up around 8%. Bitcoin price remained well bid above the USD 28,500 level and started a fresh increase above the USD 30,000 resistance. It is currently (04:03 UTC) trading near […]
Bitcoin (BTC) has declined by more than 55% six months after it reached its record high of $69,000 in November 2021. The massive drop has left investors in a predicament about whether they should buy BTC when it is cheaper, around $30,000, or wait for another market selloff. The more you look at prior $BTC […]
After touching the daily high of $29,613, the Bitcoin price prediction shows that BTC could begin a downside correction. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,444 Bitcoin market cap – $561.3 billion Bitcoin circulating supply – 19.0 million Bitcoin total supply – 19.0 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Bearish […]
On-chain data shows the Bitcoin NUPL metric has now declined to lows not seen since the COVID-19 crash back in 2020. Bitcoin Net Unrealized Profit And Loss Plunged Down Recently As explained by an analyst in a CryptoQuant post, the NUPL past trend may suggest that current values could be favorable for a rebound in […]
The effects of the long liquidations that rocked bitcoin after the digital asset had fallen to $25,000 continue to be felt even now. Bitcoin which has since managed to recover above $30,000 once more remains a prime liquidation target in the market. Even now, a week after the crash that had seen it record its […]
Cosmos (ATOM) emerges as the biggest gainer among the top cryptocurrencies this May 20, brushing aside the fears about its association with Terra (LUNA), an algorithmic stablecoin project whose market valuation fell by 99% last week. Cosmos TVL down from $10M to $155K ATOM’s price increased by over 10% intraday to almost $12. The gains […]
