It was another eventful and highly volatile week in the cryptocurrency industry that began on the wrong foot, yet again. Let’s dive in.
After a relatively sluggish weekend, which BTC spent at around $86,000 without any major moves in either direction, Monday began with some volatility that pushed the asset south to $80,000 before it bounced off to $84,000.
However, that was a short-lived relief rally as bitcoin nosedived on...
Selling pressure on Avalanche (AVAX) has eased at the bottom of the chart.
Avalanche price long-term analysis: bearish
The cryptocurrency is gaining ground after falling to $17.80. The bears attempted to break the previous low of $15 befor...
Bitcoin’s price reacted in a volatile manner to the CPI announcement yesterday as it went beyond $84,000, only to drop beneath $81,000 minutes later. Now, though, the asset stands above $83,000.
Many altcoins have produced even more impressive gains over the past 24 hours, while the market cap has recovered some ground to $2.8 trillion.
BTC at $83K
It was less than a week ago, last Friday when BTC’s price soared past $90,00...
The price of XRP has fallen above the critical support level of $2.00.
XRP long-term analysis: bearish
The bearish momentum has retested the crucial support for the seventh time. The bulls have bought the dips on each downswing, allowing ...
The cryptocurrency market has finally taken a breath of fresh air after being on an evident downtrend lately. In the past 24 hours, Bitcoin (BTC) briefly pumped to almost $84,000 before settling at just north of $82,000.
Most leading altcoins are also well in the green, with Pi Network (PI) taking center stage and witnessing a 20% price increase.
BTC Enters Green Territory Again
The last several days have been quite turbule...
The price of Cardano (ADA) has fallen below the moving average lines and reached a low of $0.64.
ADA price long-term forecast: bearish
In the previous drop, the altcoin hit the low of $0.58 and bounced back. The bullish momentum widened a...
Over the past 24 hours, the cryptocurrency market endured another period of enhanced volatility and instability. Bitcoin (BTC), for one, tanked to a four-month low of under $77,000.
The altcoins have suffered even more substantial losses. Ethereum (ETH) temporarily slipped below $1,800 for the first time since October 2023, whereas its market cap tumbled to $221 billion.
BTC Overcomes the Latest Dip
The primary cryptocurren...
The worst performing altcoins have fallen below the moving average lines. This decline accelerated while in the bearish trend zone.
Altcoins like Maker and Jupiter have both fallen to the bottom of their charts.
Pi
Pi (PI), which peake...
The last 24 hours have offered a new wave of instability for the cryptocurrency market. Bitcoin (BTC) slipped to as low as $80,000 before the bulls recovered some of the losses.
The alternative coins have followed the negative performance of the leading digital asset, with many of them charting substantial losses.
Another Downtrend for BTC
Despite its brief spikes, Bitcoin has been on an evident downfall in the past severa...
Polygon's Ecosystem Token (POL) has seen a sharp drop in value after crossing the lowest price point of $0.29 and then falling to $0.21.
Polygon Ecosystem Token price long-term prediction: bearish
According to the price analysis by ...
