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...
The altcoins listed below are the underperforming cryptocurrencies. The altcoins are in a horizontal trend after exhausting the bearish momentum. Other cryptocurrencies rallied when the bulls broke above the moving average lines.
Starknet
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The cryptocurrency markets have remained relatively calm in the past 24 hours, with most coins trading flat. Their total capitalization is currently around $2.2 trillion.
Bitcoin’s Price Flirts With $60K
The BTC price didn’t experience significant volatility during the past 24 hours. At one point, the bears attempted to push it toward $59.5K, but the bulls were quick to intervene and recover above $60K, where it’s currently...
Altcoins are recovering from their recent decline. In the early stages of the recovery, bulls will stop the decline above existing support while moving sideways.
According to this price analysis by Coinidol.com, Nervos Network, Popcat, Quant...
Bitcoin’s price ascend continued in the past 24 hours as the asset flew past $60,000 and tapped a multi-week peak of over $60,500.
The altcoins are also in the green, which has boosted the total crypto market cap by more than $70 billion since yesterday.
BTC Touched $60.5K
After last Friday’s correction that drove BTC to $52,500, the asset recovered some ground during the weekend but went on the offensive hard on Monday, so...
The price of Dogecoin (DOGE) has ended its descent after hitting a low of $0.080 on August 5. The cryptocurrency is now trading in a horizontal trend.
Long-term Dogecoin price forecast: range
The altcoin has been trading above the $0.090 supp...
The past 24 hours saw the cryptocurrency market expand its capitalization by more than $110 billion, pushing for the $2.2 trillion mark. This comes on the back of gains from Bitcoin, Ethereum, BNB, and most of the remaining altcoins.
Let’s dive in.
Bitcoin’s price increased by a whopping 11.5% in the past seven days. Traders are currently battling with the pivotal psychological and technical resistance level at $60,000, cha...
Bitcoin’s price increase that started earlier this week stopped over the past 24 hours, and the asset calmed at around $58,000.
Several altcoins have produced minor gains over the past day, including Solana, Chainlink, and Avalanche.
BTC Calms at $58K
A lot can change in the cryptocurrency markets within a week, and the past seven days proved that narrative once again, this time in the upward direction. Recall that BTC slum...
The price of Avalanche (AVAX) continues to trade above the $19 support but below the $27 resistance.
Long-term analysis of the Avalanche price: bearish
In other words, the crypto asset is in a sideways movement after the downtrend above the $...
Bitcoin’s price faced enhanced volatility after the latest CPI data from the US but has managed to register impressive gains and now sits above $58,000.
Most altcoins have followed suit, with BNB and ADA charting 5-6% daily increases to over $540 and $0.35, respectively.
BTC North of $58K
Bitcoin’s weekend was somewhat sluggish as the asset had fallen below $53,000 on Friday but stood primarily above $54,000 on Saturday and...
