Category: Market Updates

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Biggest Movers: TRX Hits 1-Year High, Following Integration on Ethereum Network

Tron rose to a one-year high to start the weekend, as founder Justin Sun confirmed an integration to the ethereum blockchain network. In a tweet, Sun said, “TRON has now expanded its reach by going live on the Ethereum blockchain by leveraging the BitTorrent bridge.” Tron (TRX) Tron (TRX) was one the biggest movers on…
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Biggest Movers: ADA Snaps Losing Streak as Nonfarm Payrolls Beat Expectations

Cardano ended a four-day losing streak on Friday, as markets responded to the latest U.S. nonfarm payrolls (NFP) report. Payrolls in May rose to 339,000, which was significantly higher than the expected sum of 190,000. Solana collided with a key resistance level in today’s session. Cardano (ADA) Cardano (ADA) was one of Friday’s notable…
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Bitcoin, Ethereum Technical Analysis: ETH Nears $1,900, BTC Climbs Above $27,000 Following US Debt Ceiling Announcement

On Friday, bullish sentiment returned to cryptocurrency markets, as the U.S. Senate approved the bill to increase the debt ceiling. Bitcoin rose back above $27,000 on the news, snapping a four-day losing streak. Ethereum neared the $1,900 level. Bitcoin Bitcoin (BTC) snapped a four-day losing streak on Friday, after it was reported that the U.S.…
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Biggest Movers: LTC Breaks Out of Key Resistance Level After Gaining 6%

Litecoin rose by as much as 6% in today’s session, as the token climbed past a key resistance level on Thursday. The move came following several attempts over several weeks, with bulls finally breaking through. Polygon was also higher, ending a recent losing streak. Litecoin (LTC) Litecoin (LTC) was one of Thursday’s notable gainers, as…
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Fall Lower, as US Consumer Confidence Hits 6-Month Low

Bitcoin erased recent gains on Wednesday, as markets reacted to the latest points of U.S. economic data. One of which being consumer confidence, which dropped to a six-month low in May. Ethereum was also lower in today’s session, dropping below $1,900. Bitcoin Bitcoin (BTC) neared a breakout below $27,000 on Wednesday, as markets reacted to…
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Biggest Movers: SHIB Nears 6-Month Low, Whilst LTC Drops by 4% on Wednesday

Shiba inu moved closer to a six-month low on Wednesday, as sentiment in cryptocurrency markets shifted bearish. Litecoin was another notable token to fall, slipping by over 4% today. The global market cap is currently down by over 2% at the time of writing. Shiba Inu (SHIB) Shiba inu (SHIB) fell below a key support…
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Biggest Movers: XRP Hits 6-Week High, SOL Collides With Key Resistance Level

XRP rallied to a six-week high in today’s session, as the token extended a recent bull run to a sixth day. Prices have risen by as much as 10% in that period, with the latest surge sending the cryptocurrency above $0.50. Solana was also higher, hitting a multi-week high of its own. XRP XRP, formerly…
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Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, as ‘Death Cross’ Approaches

Bitcoin was once again trading above $28,000 on Tuesday, as the 10-day and 25-day moving averages neared a death cross. The two trend lines have moved closer to one another, with an upwards bullish crossover somewhat imminent. Ethereum was also marginally higher today. Bitcoin Bitcoin (BTC) jumped back above $28,000 on Tuesday, with a possible…
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Biggest Movers: BNB Hits 20-Day High, as LTC Extends Recent Gains

Litecoin rose for a sixth consecutive session to start the week, as bullish sentiment returned to cryptocurrency markets. As of writing, the global market cap is up by as much as 2.50%. BNB was also in the green, hitting a 20-day high on Monday. Litecoin (LTC) Litecoin (LTC) was a notable mover on Monday, as…
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Bitcoin, Ethereum Technical Analysis: BTC Above $28,000 as Biden Announces Debt Ceiling Deal

Bitcoin climbed above the $28,000 level on Monday, as U.S. President Joe Biden confirmed that a deal was agreed in principle. Biden labeled the agreement a “compromise,” with Republican Kevin McCarthy calling it “historic.” Ethereum was also higher on the news, hitting a three-week peak. Bitcoin Bitcoin (BTC) rose above the $28,000 to start…
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