Bitcoin’s price failed to overcome the $71,000 level decisively and has been pushed down to just under $70,000 as of now.
However, the altcoins have retraced even more on a daily scale, which has pushed the BTC dominance to almost 50%.
BTC’s Dominance Grows Despite Retracement
The primary cryptocurrency added over seven grand in the middle of last week after the latest FOMC meeting. However, that rally was short-lived, and ...
The price of Solana (SOL) has continued its uptrend and returned above the 21-day SMA. Price analysis by Coinidol.com.
Long-term forecast for the Solana price: bullish
On March 18, the altcoin experienced a surge but was sold off at a high ...
Bitcoin’s price finally went on a roll as the US ETF inflows turned positive, and the cryptocurrency jumped to its highest price in about ten days of over $71,000.
The altcoins have also turned green, with ETH nearing $3,700, while DOGE and SHIB are up by 7% each.
Bitcoin’s Resurgence
Last week was quite harmful to the primary cryptocurrency as the asset plummeted to under $61,000 on Tuesday morning amid fears of what the U...
The price of Dogecoin (DOGE) has risen above the 21-day SMA after a rally.
Long-term forecast for the Dogecoin price: bullish
On March 19, the altcoin fell below the 21-day SMA and hit a low of $0.12. The bulls halted the decline and bought on...
Bitcoin recovered most of the recent price falls in the past 12 hours or so, and the asset has gained more than five grand since the Friday low.
Several altcoins have outperformed it, with SOL nearing $190, while NEAR and ICP have soared by double digits.
BTC’s Recovery
Last week didn’t go all that well for the primary cryptocurrency. It all started with a price drop on Monday that pushed the asset south hard. The landscape...
Bitcoin’s price movements over the weekend have been somewhat underwhelming as the asset has calmed at just over $64,000 after the previous week’s volatility.
The altcoins are, in general, also less volatile today, with a few exceptions like Dogecoin, which has surged by around 7%.
BTC Calms
Last business week started on a highly unfavorable note for the primary cryptocurrency, which had recovered most of the losses from th...
The altcoins listed below are the best performing cryptocurrencies as they overcame their respective overhead resistances to enter the bull market. The analysis of 5 top performers of the previous week by Coinidol.com.
The positive trend has ...
BTC’s price troubles are not over yet as the asset tumbled to $62,500 yesterday before managing to recover around two grand.
The altcoins have also bled out on a daily scale, and the total crypto market cap has remained well below $2.6 trillion.
Bitcoin’s Latest Issues
The start of the current business week and how it went were in total contrast to the previous one when BTC skyrocketed above $73,000 to chart its latest ATH....
Things move fast in the cryptocurrency space, and the landscape tends to change quickly, especially price-wise. This has indeed been the past within the past seven days.
It was just a week ago when Bitcoin’s price was soaring high, charting fresh all-time highs almost daily. The latest peak came last Thursday when BTC neared $73,800 for the first time ever. However, the situation started to change a day later when the crypt...
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoin’s price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions.
Bitcoin Fails at $66K
As seen in the chart below, Bitcoin’s price was unable to retain its bullish momentum that took it all the way to $68K.
BTC has since retraced, declining by more than...
