The past 24 hours saw increased volatility throughout the entire cryptocurrency market, the total capitalization of which currently stands at almost $2.2 trillion, down 0.6% during that period. It appears that the battle between Bitcoin buyers and sellers is ongoing with full force, as the price remains tumultuous. Bitcoin Price Volatility As CryptoPotato reported earlier today, the total crypto market had been declining throughout the past 24 hours, with BTC hitting an intraday low of around $54,300. However, the past few hours saw the bulls take control and push the price up to $57,000, where it is trading at the time of this writing. The volatility is also reflecte...

The past 24 hours saw the cryptocurrency market continue its recovery, regaining $2.213 trillion in total capitalization. This comes on the back of Bitcoin climbing above $57K and other altcoins charting somewhat notable gains. Bitcoin’s Price Reclaims $57K As CryptoPotato reported yesterday, the BTC price gained 4% in a day and climbed above $56K following a bloodbath that took it all the way down below $54K. Now, the cryptocurrency continues its recovery, successfully pushing above $57K and gaining another 1% in the past 24 hours. It’s worth noting, though, that Bitcoin remains 6.5% down for the past seven days and the market is nowhere near where it was a week ago....

The latest price analysis by Coinidol.com report, Binance Coin (BNB) has fallen to a low of $454 before recovering above the $500 support. BNB price long term forecast: bearish Selling pressure has reached the historical price level of March 19, which is the $500 support. In previous price action, the altcoin fell to a low of $551 on June 24 before moving below the moving average lines. On July 1, the bulls failed to sustain the price above the 21-day SMA, leading to a further decline ...

It’s safe to say that the cryptocurrency market went through a lot during the past couple of days, with prices tumbling to levels not seen since February. It appears that the bulls are now attempting a comeback or, at the very least – a slight recovery. Bitcoin Price Increases Above $56K At the time of this writing, BTC is trading above $56K, charting an increase of around 4% in the past 24 hours. The cryptocurrency had previously crashed to a 5-month low to $53,550, but the bulls were able to push back and recover around $3K from the lows. The correction came amid looming fears of increased selling pressure because Mt. Gox started repaying its creditors, as well as t...

The price of Cardano (ADA) has fallen below the moving average lines after being trapped by them on July 1. Cryptocurrency price analysis brought by Coinidol.com. Cardano price long term forecast: bearish In the previous market activity, altcoin moved above the $0.35 support but below the moving averages. After the rise on July 1, the price of the cryptocurrency was caught between the moving average lines. However, the uptrend was short-lived as it encountered resistance at the 50-day...

What a week it’s been… The cryptocurrency markets ultimately took a turn for the worse, but they haven’t been without their moments. The bottom line is that the total capitalization lost a whopping $200 billion, which is more or less 10% in the past seven days alone. This came on the back of considerable losses from Bitcoin, but especially from the altcoins. In fact, the BTC dominance – a metric that gauges its share relative to that of the rest of the market – is up by about 0.3% in the past week, outlining the broader failure of altcoins altogether. That said, BTC’s price crashed by a massive 9%, dipping to a low below $54K – a point that we haven’t seen in many mont...