Category: Market Updates

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Biggest Movers: BCH, TRX Snap Losing Streak to Start the Weekend

Bitcoin cash was one of the big gainers to start the weekend, as the cryptocurrency ended a two-day losing streak. Overall, the momentum in the market was marginally higher, as traders continued to consume the latest U.S. nonfarm payrolls report. TRON also returned to the green on Saturday. Bitcoin Cash (BCH) Bitcoin cash (BCH) was…
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Biggest Movers: AVAX 7% Higher, TON Maintains Bullish Momentum on Friday

Avalanche rose to a six-week high on Friday, after the token climbed above a key resistance level. The move saw price rise by as much as 7%, despite the global crypto market cap mostly in the red in today’s session. Toncoin remained higher, following recent gains. Avalanche (AVAX) Avalanche (AVAX) was a big mover on…
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Bitcoin, Ethereum Technical Analysis: ETH Ends 4-Day Losing Streak, BTC Briefly Above $28,000

Ethereum snapped a four-day losing streak on Friday, as markets reacted to the latest nonfarm payrolls in the United States. Payrolls came in at 336,000, which is nearly double the 170,000 jobs many thought would be added in September. Bitcoin retreated from a brief stint above the $28,000 level. Bitcoin Bitcoin (BTC) had a brief…
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Biggest Movers: TON, ADA Rebound From Recent Points of Support

Toncoin rebounded from a three-week low on Thursday, as the cryptocurrency collided with a key support point. The move comes despite the global crypto market mostly consolidating during today’s session. Cardano was another notable mover, rallying away from a support point of its own. Toncoin (TON) Toncoin (TON) moved away from a multi-week low in…
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Bitcoin, Ethereum Technical Analysis: BTC Approaches Key Price Ceiling Ahead of Friday’s US Payrolls Report

Bitcoin continued to consolidate on Thursday, ahead of the upcoming U.S. nonfarm payrolls (NFP) report in the United States. Payrolls are expected to come in at 170,000 for September, down from 187,000 the month prior. Ethereum fell for a fourth straight day. Bitcoin Bitcoin (BTC) continued to trade close to a key price…
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Bitcoin, Ethereum Technical Analysis: BTC Rebounds From Key Price Floor on Wednesday

Bitcoin marginally rebounded on Wednesday, after the cryptocurrency collided with a key support point in yesterday’s session. Markets have consolidated Tuesday’s losses, with the global crypto market cap up 0.7% as of writing this. Ethereum remained under the $1,700 level. Bitcoin Bitcoin (BTC) climbed marginally higher on Wednesday after the price bounced off a recent…
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Biggest Movers: MATIC Moves to Highest Point Since August

Polygon surged to its strongest level since the end of August, as the token extended recent gains. The rally comes despite cryptocurrencies mostly consolidating on Wednesday, following recent declines. XRP was another notable gainer today. Polygon (MATIC) Polygon (MATIC) rose for a back-to-back session on Wednesday, hitting a multi-week high in the process. MATIC/USD moved…
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Uptober Begins: Bitcoin’s Rally Sparks $40K Hopes; Yet $20K Threat Lingers

The price of bitcoin (BTC) has risen 6% over the previous 30 days, pushed higher by factors such as its finite availability and growing investor confidence, according to this week’s Bitfinex Alpha report. Moreover, on October 1, a popular cryptocurrency trader suggested that $40,000 could be a “reasonable” BTC price in the upcoming fourth quarter;…
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Plunge, as Profit Takers Swoop In

Bitcoin retreated from a multi-week high on Tuesday, after cryptocurrencies entered overbought territories. Traders have seemingly opted to capture recent profits, ahead of key data points later this week. Ethereum slipped below $1,700. Bitcoin Bitcoin (BTC) edged below the $28,000 level during today’s session, as traders moved to secure Monday’s gains. After surging to a…
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Biggest Movers: DOGE, SHIB Down 3%, Falling for Second Straight Session

Dogecoin was a notable mover on Tuesday, as the meme coin extended recent declines after a failed move beyond a key resistance level. The drops came as the wider crypto market cap also slipped. It is trading 2.87% lower as of writing. Shiba inu also edged lower in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) fell…
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