The broader cryptocurrency market lost around $70 billion in capitalization in the past seven days as the majority of the coins are trading in the red. This comes on the backs of considerable drops in the past few days, so let’s dive in.
Starting with Bitcoin, the price was trading above $60K this time last week, and a push above $61K was even attempted during the weekend. As soon as Monday came, though, the bears took cont...
The past 24 hours saw substantial movements in Bitcoin and many altcoins. The price action resulted in a mixed performance, with some of the cryptocurrencies charting slight gains while others showed slight declines.
Bitcoin’s Price Shaky Around $58K
Many analysts have touted the $58K price region as an important liquidity zone, and the cryptocurrency’s behavior around it is likely to determine its future direction.
Yesterd...
The price of Shiba Inu (SHIB) continues to hover above the current support of $0.00001271.
Shiba Inu price long-term prediction: bearish
On August 5, the altcoin reached a low of $0.00001079 before recovering. The bulls halted the ...
Bitcoin’s price soared to a multi-day peak of almost $62,000 yesterday but failed there, and the subsequent rejection drove it south by around four grand.
The altcoins have turned red on a daily scale as well, with ETH retracing by 4.5% to just over $2,600.
BTC Down to $58K
The primary cryptocurrency had a volatile last week but managed to recover most of the losses by its end. On Friday, the asset had neared $63,000 after ...
The XRP or Ripple (XRP) coin price is declining and is in a sideways trend. The rising price trend has been held back by the overarching resistance of $0.64 since July 17.
Long-term analysis: fluctuating
Buyers were rebuffed three times when ...
Bitcoin’s price has risen by almost two grand since yesterday, following the better-than-expected core PPI numbers in the States.
Several altcoins have produced impressive gains within the same timeframe, led by TON’s jump to over $6.7.
BTC Eyes $61K
The primary cryptocurrency had a positive end to the previous business week as it shot up to almost $63,000 on Friday. This meant that the asset had recovered over $13,000 sinc...
Binance coin (BNB) price slide has slowed down as bulls hold above the $470 support level. The altcoin has been trading below the moving average lines but above the $470 support over the past week.
Long-term outlook for the BNB price: bearish
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Bitcoin’s price went toward $60,000 yesterday and even surpassed it briefly, but the bears took control once again and pushed the asset below that line.
The altcoins are untypically sluggish on a daily scale, with most, aside from ETH and BNB, in the red.
BTC Stopped at $60K
After the highly volatile and painful start of the previous business week, bitcoin started to recover some of the recently lost ground and jumped from ...
Bitcoin (BTC) price has started a range-bound move after rebounding above the $53,000 support.
Bitcoin price long term forecast: bearish
On August 5, as reported by Coinidol.com, the largest cryptocurrency fell to a low of $49,130, but bulls ...
The price of TRON (TRX) has fallen below the moving average lines, indicating further rejection at the moving average lines. In other words, upside moves are being rejected at the $0.130 high.
Long-term forecast for the TRON price: bearish
T...
