Bitcoin reacted well to the dump below $94,000 earlier this week and jumped past $97,000 earlier today for the first time since Monday. Many altcoins have produced even more impressive gains over the past 24 hours, with XRP surging to $2.7 and SUI going to $3.3. BTC Taps $97K After the massive volatility experienced at the start of the previous business week, the primary cryptocurrency calmed in the following days and stood mostly in a range between $95,000 and $97,000. Each breakout attempt, such as the surge to $99,000 on Friday, was met with an immediate rejection, and the asset spent the weekend around the upper boundary of the range. Monday began with a price dip ...

Bitcoin’s underwhelming price actions drove the asset south to a two-week low of $93,500 yesterday, but it managed to react well and now sits almost three grand higher. Most altcoins have also bounced off following yesterday’s crash, but LTC has taken the main stage by outperforming the rest. BTC Recovers Ever since the surge toward $99,000 on Valentine’s Day, the primary cryptocurrency has been struggling to maintain its composure. At the time, the bears quickly rejected its breakout attempt and pushed it south to $97,000, where it spent most of the weekend. Monday began with another price slip, but the $95,000 support held the line. After another unsuccessful attempt...

Bitcoin’s underwhelming price performance continues as the asset dropped to a 6-day low of just over $95,000 earlier today. At the same time, many altcoins have continued to chart substantial losses, led by Solana, Chainlink, Avalanche, HBAR, and SUI. BTC’s Losses The primary cryptocurrency slumped hard last Wednesday after the release of the US CPI numbers for January and dumped toward $94,000. However, it bounced off almost immediately and jumped past $98,000. After another retracement, BTC skyrocketed on Friday and tapped $99,000 for the first time in just under a week. Nevertheless, the asset couldn’t sustain its momentum and started to lose value gradually in the ...

The last 24 hours have not been pleasant for the crypto bulls since most of the leading digital assets have headed south. Bitcoin (BTC), for instance, retreated to roughly $96,000. The situation with most of the well-known altcoins, including Ripple (XRP), Solana (SOL), Dogecoin (DOGE), and others, is no better. The meme coin sector is also deep in the red, with some tokens recording double-digit declines. BTC Takes a Step Back Last week was rather turbulent for the primary cryptocurrency, whose price reached a local top of almost $99,000 on February 14 and a local bottom of less than $95,000 on February 12. The lower mark was observed shortly after the United States B...

The price of Binance Chain Native Token (BNB) rose above the moving average lines on February 13 and reached a high of $732.50. Long-term BNB price forecast: bearish Buyers failed to sustain the bullish momentum above the moving averages. The uptrend was rejected and the price fell between the moving averages.  Currently, BNB is trading below the 50-day SMA but above the 21-day SMA. BNB will develop an uptrend if the moving average lines are broken. On the upside, the alt...

The last 24 hours have been relatively quiet for Bitcoin (BTC) and some of the large-cap altcoins. The primary cryptocurrency has shown very slight volatility, trading at almost the same level observed yesterday (February 15). Such is the case with many of its biggest rivals, including Ethereum (ETH), Ripple (XRP), Solana (SOL), and more. On the other hand, the meme coin sector has suffered substantial losses, with Official Trump (TRUMP) being among the worst-affected assets. BTC Barely Moves The last business week has been rather turbulent for BTC, with its price fluctuating between under $95,000 and almost $99,000. Some of the factors that contributed to the enhance...