The total cryptocurrency market capitalization has declined by more than $110 billion during the last seven days. This continues the broader negative trend that’s engulfed the industry in the past few months, pushing its capitalization closer to $2 trillion.
Naturally, the decline comes on the back of disappointing performance on behalf of Bitcoin and most altcoins. Starting with BTC, its price crashed by a considerable 8% ...
Bitcoin’s price tried to recover some ground earlier this week but was quickly stopped and pushed south, which culminated earlier today with a drop to $55,300 – the lowest in a month.
The altcoins are in no better shape, with red dominating the charts. Interestingly, there’s one exception – Toncoin.
BTC’s Nosedive Continues
There’s not a lot of positive things we can say about BTC’s price movements for the past week or ten ...
The price of Solana (SOL) has dropped to the bottom of its chart, continuing its sideways pattern. Price analysis by Coinidol.com.
Long-term Solana price forecast: ranging
Since April 13, Solana has been trading above the $120 support and ...
The past 24 hours saw the broader cryptocurrency market go on a rollercoaster, plunging toward monthly lows, recovering, and then declining again. The volatility has resulted in considerable liquidations across the derivatives market and has also pushed the total capitalization of the industry below $2.1 trillion.
First things first, let’s begin with Bitcoin.
Bitcoin Bulls Unable to Stage a Recovery
As we reported yesterday...
Ethereum (ETH) is losing value despite hovering above the $2,300 support level. Price analysis by Coinidol.com.
Ethereum price long-term analysis: bearish
On August 21, as reported by Coinidol.com, the bulls halted the decline above...
Bitcoin tried to take down $60,000 just yesterday morning but was stopped in its tracks and pushed south to a monthly low of under $56,000.
The altcoins have followed suit with substantial declines as ETH is down to $2,400, while BNB is at $510.
BTC’s Decline Continues
It’s safe to say that bitcoin has seen better days. In fact, it tried to take down $65,000 just last Monday, but its inability to do so resulted in continuou...
The price of Bitcoin (BTC) is in a sideways trend following the price crash on August 27. Bitcoin traded below the moving average line last week, but above the $58,000 support level.
Long-term forecast for the Bitcoin price: fluctuating
Today...
After several days of trading sideways and mostly losing value, BTC’s price went on the offensive in the past 12 hours or so and even neared $60,000.
The altcoins are also slightly in the green today, with more impressive gains coming from the likes of BNB, SOL, XRP, and DOGE.
BTC Taps $59K
The past week didn’t go well for the primary cryptocurrency, even though it started quite positively, with a surge to just over $65,100...
The worst performing altcoins in the previous week. Altcoins are likely to continue their downtrend.
Notcoin
Notcoin (NOT) is trading sideways but has recovered above the support level of $0.0077. The altcoin has been oscillating between abo...
Polygon's Ecosystem Token (POL) price has started a rangebound move after failing to break through resistance at $0.60.
Polygon Ecosystem Token price long term prediction: ranging
The cryptocurrency value is declining after its rejection of t...