Bitcoin’s price run after the Fed’s rate cut was halted at $64,000 and the asset was pushed down by around a grand.
The altcoins are also in the red on a daily scale, with the biggest corrections coming from the likes of TON, AVAX, and NEAR from the larger caps.
BTC Down to $63K
Bitcoin started the business week with a correction that drove it from over $60,000 to under $58,000 on Monday. It was expected to be a highly vola...
There’s been no shortage of news over the past seven days. During this period, the total cryptocurrency market capitalization managed to add close to $140 billion. This happened on the back of significant gains charted by the majority of coins, so let’s take a closer look.
First things first, the long-anticipated rate cut is now a fact. The US Federal Reserve announced on Wednesday that it is decreasing interest rates by 0....
Bitcoin’s price rally that started after the US Fed reduced the interest rates on Wednesday took the asset to a multi-week peak of over $64,000 hours ago.
The altcoins also followed suit, with ETH breaking above $2,500 and BNB soaring past $570.
BTC Kept Pumping
This highly anticipated business week actually started with a retracement on Monday that drove the primary cryptocurrency from over $60,000 to under $58,000 in hour...
The price of Cardano (ADA) has held above $0.30 thanks to a sideways trend after the price drop on August 5. The cryptocurrency is stable above the $0.30 support but below the moving average lines or the $0.40 resistance level.
Cardano price long...
After weeks of anticipation, the US Federal Reserve finally cut the key interest rates by 0.5%, triggering a massive rally for bitcoin that sent it to a 3-week peak of over $62,600.
Several altcoins have performed even better, with massive gains from the likes of BCH, NEAR, AVAX, SUI, TAO, and many others.
Bitcoin’s Fed-Induced Surge
This highly-anticipated week began with a price slip from bitcoin that drove it from over $...
After Monday’s brief retracement, bitcoin went on the offensive yesterday, breaking above $60,000 and $61,000 to chart a three-week peak.
Crypto markets are expected to face enhanced volatility today and tomorrow as the US Federal Reserve is set to meet to discuss a reduction in the key interest rates.
BTC Sits Above $60K
The primary cryptocurrency ended last week on a highly positive note as the bulls drove it from under $...
The price of Toncoin (TON) fell below the moving average lines before recovering.
Long-term forecast for the Toncoin price: bearish
The upward correction ended at the high of the 50-day SMA or the $6.00 resistance. In other words, TON is curr...
Bitcoin’s nosedive from yesterday pushed the asset south to $57,600 but it managed to recover some ground and now stands a grand higher.
Some altcoins, such as BNB, DOGE, and DOT, are still in the red, while XRP and UNI have charted minor gains.
BTC Eyes $59K
Last week went quite well for the primary cryptocurrency as it jumped from around $54,000 on Monday to a peak of $60,600 on Saturday. Within this timeframe, the asset ...
Bitcoin (BTC) prices are in an upward correction and moving sideways at the same time. Price analysis by Coinidol.com.
Long-term prediction of the Bitcoin price: fluctuating
Bitcoin's upward momentum has paused at a high of $60,730, with a re...
After several days of charting notable increases, bitcoin’s price has finally retraced by falling toward $58,000 earlier this morning.
The altcoins are also in the red on a daily scale, with the total market cap bleeding over $60 billion.
BTC Slipped Toward $58K
Bitcoin bottomed last Friday at under $53,000, and the bulls took control in the following ten days or so. Within this timeframe, the asset jumped to over $58,000 l...