Despite the positive inflows toward the largest spot Bitcoin ETFs in the US, the price of the underlying asset retraced hard yesterday but is close to $67,000 once more now.
Most altcoins have charted notable losses in the past day, with AVAX, DOT, INJ, and ADA leading the way.
Bitcoin’s Ride Around $67K
The primary cryptocurrency had a volatile end to the previous business week as it failed to maintain above $65,000 and sl...
The price of Ethereum (ETH) has entered an uptrend after breaking above the 50-day SMA on July 19.
Long-term analysis of the Ethereum price: bullish
On July 15, the bulls failed to sustain the price above the 50-day SMA and it remained betwee...
Bitcoin’s price reacted in a positive manner after President Joe Biden’s decision to quit the 2024 presidential race and pumped to a multi-week peak of over $68,000.
The altcoins were also quite volatile after the announcement, but AVAX has emerged as the top performer on a daily scale.
BTC’s Wild Weekend Ride
The primary cryptocurrency has gone through some wild periods of price volatility in the past few weeks, and the la...
Dogecoin (DOGE) has resumed its uptrend after rising above the 50-day SMA on July 20. The altcoin has risen to a high of $0.136 after previously hitting a low of $0.09.
Dogecoin price long-term prediction: bullish
The altcoin has pulled b...
As yet another week passes, we will examine some of the best-performing cryptocurrencies over the past seven days.
It’s safe to say that the week has treated the markets well, with the total capitalization growing to $2.55 trillion, adding over $150 billion. This comes on the back of impressive performances on all fronts, so let’s first start with Bitcoin.
Bitcoin Soars 11% in Impressive Recovery
Despite not being the top p...
The cryptocurrency market staged a massive recovery yesterday after starting the day very slow and even declining considerably. However, the buyers stepped in and pushed Bitcoin above $67K, while many altcoins are charting impressive returns.
Bitcoin Pokes Above $67K
Bitcoin’s price is up around 5% on the day, staging an impressive recovery after having declined to $63K earlier in yesterday’s morning trading session.
It was...
It’s been a good week for the cryptocurrency market. Its total capitalization increased by more than $250 billion, currently sitting above $2.5 trillion, thanks to considerable gains across the board.
But what seems to have triggered this recovery is an event that many describe as one of America’s darkest days. Indeed, it was the assassination attempt of US Presidential candidate Donald Trump that fueled the market’s recove...
The cryptocurrency market is currently in a correction as it seems that the bulls are taking a breather following their rally from the past few days. This has caused the total capitalization to drop to around $2.45 trillion, losing roughly $40 billion in the past 24 hours.
Bitcoin’s price is also declining, alongside most of the altcoins, so let’s have a look.
Bitcoin Price Dips Below $64K
The BTC bulls were unable to susta...
The price of Polygon's Ecosystem Token (POL) has recovered after a price drop on July 5, when the altcoin fell to a low of $0.43. POL has been trading below the moving average lines but above the $0.47 support over the past week.
Polygon Ecosyste...
Bitcoin’s price hit a multi-week peak at $66,000 yesterday, but the bears were quick to intercept the move and pushed the asset south by over a grand.
The altcoins are also in the red today, with SHIB, XRP, and XLM popping out as the biggest losers on a daily scale.
BTC Can’t Go Above $66K
After the negative start of the month, when BTC fell hard to under $54,000 on July 5, the cryptocurrency began its recovery rather immed...