Bitcoin’s dominance rate drops and the total market cap reaches $300 billion as traders fight to flip the $10.3-$10.4K zone to support. Today, as Bitcoin price (BTC) strives to achieve a new high, the crypto market achieved a $300 billion market capitalization. Over the past month, the figure has steadily increased from $218.4 billion to…
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After gaining 92% in 2020, Ethereum price remains bullish in its USD and BTC pair as investors set their sights on $300. For the second time in two weeks, Ether price (ETH) has notched a new 2020 high. This time the surge from $217.83 to $253.79 occurred as Bitcoin’s (BTC) price reversed course from $9,700s…
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Bitcoin price reached $10K over the weekend but as its dominance rate dropped many altcoins have continued to post triple-digit gains, namely BNB, XTZ and LSK. Over the weekend Bitcoin (BTC) bulls showed impressive strength as the price punched through $10,000 for the first time in 2020. Interestingly, not only Bitcoin forks have been performing…
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New data shows FAANG stocks offer better risk-adjusted performance than the top 3 cryptocurrencies in the market, including Bitcoin. Bitcoin (BTC) and other cryptocurrencies have been compared to FAANG (Facebook, Apple, Amazon, Netflix and Google) companies due to their network effects, as reported by Cointelegraph. The rationale that the increase in people using a platform…
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Bitcoin Cash and Bitcoin SV have posted triple-digit gains in 2020 as traders are eyeing the halving events set to take place a month before Bitcoin’s. Recently, Bitcoin (BTC) has been picking up momentum as the halving in May 2020 moves closer. However, large-cap Bitcoin forks namely, Bitcoin SV and Bitcoin Cash, will have their…
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Bitcoin price enters what could be a brief consolidation phase but traders are keeping a sharp eye on the approaching weekly close. After an impressive performance over the past two weeks, Bitcoin (BTC) price appears to be taking a breather which on Feb. 7 saw the price trade in the $9,730 to $9,800 range. The…
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This week the total value of USD locked in DeFi platforms topped $1 billion and Ether price broke through a key resistance to rally to a new 2020 high. Altcoin price action has been the talk of the town for the past two weeks — and for good reason. Since the start of 2020, altcoins…
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All eyes are on Tesla stock price today as Bitcoin pulled back under $9,200 and appears to be entering a brief period of consolidation. Bitcoin’s price (BTC) action has been relatively uneventful, especially when compared against the explosive price action of last week when the digital asset stomped through the $9K barrier and rallied all…
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XRP and XLM are following the path of other altcoins that recently broke above their long term downtrends with impressive double-digit gains. While many altcoins have been showing significant strength during the recent weeks, some have been lagging. One of these coins is XRP (XRP), which is still hovering around key support and has yet…
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Numerous large and small-cap altcoins are rallying as Bitcoin price trades in the $9.3K to $9.5K zone. Bitcoin (BTC) and large-cap cryptocurrencies have shown significant strength over the past few weeks but traders are also starting to pay attention to smaller cap coins. One of these coins is Icon (ICX), which has surged more than…
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