Bitcoin rose to its highest level in six weeks on Wednesday, as the U.S. Dollar continued to weaken versus several G7 currencies. The latest decline in USD comes as consumer confidence in the United States fell by more than expected in October. Ethereum was also trading at a multi-week high in today’s session Bitcoin Bitcoin…
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Following the Bitcoin price’s extreme loss of volatility over the past few weeks, yesterday’s rally feels like new hopium and a massive move to the upside. For the first time in three weeks, the price has surpassed $20,000 with the move coming as a surprise to many. Most recently, inflation fears and macroeconomic uncertainties have…
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Decentraland (MANA) managed to tally a 3.4% increase over the last 24 hours as the crypto space is looking at a possible bullish recovery. In doing so, the crypto managed to trim its losses on its biweekly and monthly charts to 2.7% and 9.4%, respectively. Decentraland rallies over the last 24 hours to trade at…
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During the Asian session, the Bitcoin price is on a bullish streak, rising more than 4% to $20,260. In contrast, Ethereum is on a tear, rising more than 10% in the last 24 hours to trade at $1,485. Major cryptocurrencies were trading in the green early on October 26 as the global crypto market value…
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Bitcoin price started a strong rally above $19,650 against the US Dollar. BTC is trading above $20,000 and could gain momentum above the $20,500 resistance. Bitcoin started a strong increase above the $19,500 and $19,650 resistance levels. The price is trading above $20,000 and the 100 hourly simple moving average. There is a key contracting…
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Bitcoin new address momentum is approaching a retest that could change the course of the crypto’s price, if history is anything to go by. Monthly MA Of Bitcoin New Addresses Is Currently Retesting The Yearly MA According to the latest weekly report from Glassnode, new address momentum is currently on the verge of a push…
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The crypto market sentiment has been on the decline over the last year and it has come in tandem with the decline in bitcoin price. Bitcoin, which moves the entirety of the crypto market most times, has had a tough go of it in recent times. Now, as the pioneer cryptocurrency continues to struggle to…
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Bitcoin was trading lower in today’s session, after failing to break out of a key resistance level of $19,600. Bullish sentiment seemed to have returned to the market on Monday, however this momentum was short lived. Ethereum also fell in today’s session, but remained above its recent price ceiling. Bitcoin Bitcoin (BTC) moved lower on…
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Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its decline. Over the last 24 hours, over 45 million SHIB Tokens were burned During the same time frame, Shiba Inu failed to increase its trading price Analysts think the asset might “die” by…
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Tron (TRX) managed to pull a Bitcoin-like feat almost two weeks ago when it became a legal tender for the Commonwealth of Dominica. The 16th largest cryptocurrency in terms of market capitalization successfully replicated Bitcoin’s feat when it became a legally accepted tender within the territories of El Salvador. TRX price slightly corrects after surging…
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