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 l...
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. ...
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 d...
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...
Ethereum (ETH) has held above the $2,300 support level and is now trading below the moving average lines. Ether is facing another rejection at the moving average lines.
Long-term analysis of the Ethereum price: bearish
The...
Bitcoin’s price jumped to $58,000 on two occasions on Monday and Tuesday but was stopped and pushed south by over a grand.
Most altcoins have followed suit with minor daily declines, but ICP has defied the overall sentiment with a massive 12% surge.
BTC’s Progress Halted
The primary cryptocurrency had a rough ending to the previous business week as it slumped by over four grand on Friday after the US job...
The price of the Binance coin or BNB (BNB) is falling below the moving average lines. Since July 5, the BNB price has remained above the $460 support but below the $600 barrier.
Long-term forecast for the BNB price: fluctuatio...
After plummeting to under $53,000 on Friday, bitcoin’s reaction was quite positive as it has added more than four grand since then and stands above $57,000 now.
Most altcoins have also charted some gains over the past day, with DOGE popping above $0.1 after a 7% increase.
BTC Touched $58K Briefly
As mentioned above, last week didn’t go well for the primary cryptocurrency, perhaps driven by the massive ou...
Bitcoin continues to reclaim some ground and has jumped above $55,000 for the first time since the Friday crash today.
The altcoins are also slightly in the green, with ETH standing above $2,300 and BNB solidifying its position north of $500.
BTC Above $55K
The primary cryptocurrency went through a highly volatile and mostly bearish week as it dropped from nearly $60,000 (on Tuesday) to a monthly low of ...
Toncoin (TON) is in a downtrend, with the price reaching a low of $4.76. Previously, TON was trading in a sideways pattern, fluctuating between $4.00 and $8.00.
Long-term forecast for the Toncoin price: bearish
During the ...
