Category: Market Updates

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Biggest Movers: ADA, SOL Plunge to 3-Month Lows on Thursday

Cardano dropped to a three-month low on Thursday, as sentiment in cryptocurrency markets remained largely bearish. The move comes as traders continue to worry about what the recent Binance and Coinbase lawsuits could mean for the wider market. Solana also slipped to a multi-month low. Cardano (ADA) Cardano (ADA) plunged to a three-month low on…
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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Close to $26,300 Support Level, Market Volatility Remains High

Bitcoin consolidated close to a key price floor of $26,300 on Thursday, as a downward death cross sent the cryptocurrency lower. Overall sentiment in the market remains lower, with the global cryptocurrency market cap falling by 1.58% as of writing. Ethereum also declined, after nearing a move above $1,900 on Wednesday. Bitcoin Bitcoin (BTC) consolidated…
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Biggest Movers: PEPE 13% Higher as Coin Breaks Out of Key Resistance Level

Pepe rose by as much as 13% in today’s session, with the coin breaking out of a key resistance level as a result. The surge came as cryptocurrency markets attempted to bounce back from Tuesday’s drubbing. XRP was another notable gainer, moving 5% higher on Wednesday. Pepe (PEPE) Pepe (PEPE), which is known for being…
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Bitcoin, Ethereum Technical Analysis: ETH Nears $1,900, as BTC Rebounds From 3-Month Low

Bitcoin rebounded from a near three-month low on Wednesday, as traders moved to buy the latest price dip. Yesterday’s decline came as the U.S. Securities and Exchange Commission sued both Binance and Coinbase. Ethereum moved closer to $1,900 in today’s session. Bitcoin Bitcoin (BTC) bounced back above the $27,000 level on Wednesday, as traders moved…
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Biggest Movers: DOGE, SOL Big Losers Following Binance, Coinbase Lawsuits

Dogecoin was one of the biggest losers in crypto markets on Tuesday, as markets continued to react to the United States Securities and Exchange Commission (SEC) suing Binance and Coinbase. The global cryptocurrency market lost nearly 4% of its value in today’s session. Solana was another notable mover, falling by 9% today. Dogecoin (DOGE) Dogecoin…
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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as SEC Sues Binance

Bitcoin plunged to its lowest point in over two months, as markets continue to react to the SEC versus Binance lawsuit. The Securities and Exchange Commission (SEC) is suing the crypto exchange for violation of U.S securities laws. Ethereum was also in the red, dropping below $1,800 in the process. Bitcoin Bitcoin (BTC) sank to…
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Biggest Movers: XRP Remains Near Multi-Month High on Monday

XRP remained near a multi-month high to start the week, despite cryptocurrency markets mostly tracking lower. The global market cap has fallen by 1.58% as of writing, due to today’s red wave. Litecoin was a notable token to fall, dropping by nearly 5%. XRP XRP, formerly ripple, remained near a multi-month high on Monday, despite…
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XRP Bucks Market Trend as Proponents Remain Optimistic About Lawsuit Outcome

Although the crypto economy has dipped 1.5% in value over the past 24 hours, XRP, the sixth-largest digital asset by market capitalization, has posted gains recently. In the last week alone, XRP has surged over 10%, and year-to-date, this digital currency has increased by 35% against the U.S. dollar. XRP Defies Market Trends as Network…
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Start the Week Lower, as Market Volatility Remains High 

Cryptocurrency markets consolidated to start the week, with bitcoin trading below the $27,000 mark during today’s session. Volatility has been significantly higher in the past few days, as the unemployment rate in the United States surged to a multi-month high. Bitcoin Bitcoin (BTC) was trading below the $27,000 level on Monday, as crypto market volatility…
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Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Saturday, Despite Recent Bullish Signals 

Bitcoin started the weekend in the red, as markets continued to digest the latest nonfarm payrolls in the United States. Despite payrolls coming in better than expected, the unemployment rate also rose, hitting 3.7%, which is its highest point since last October. Bitcoin Bitcoin (BTC) was mostly consolidating to start the weekend, as traders continued…
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