Ethereum continued to fall on Saturday, as the token’s post-Merge sell-off intensified to start the weekend. Prices of the world’s second largest cryptocurrency fell to their lowest level since July, as bearish sentiment in the market remained high. Bitcoin was also lower today, once again trading below $20,000. Bitcoin Bitcoin (BTC) was once again trading…
Read more
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and…
Read more
Bitcoin price started a consolidation phase after it dropped to $19,500. BTC is currently (11:00 UTC) trading above $19,500 and eyeing an upside break above $20,000. A clear move above the $20,000 resistance might send the price towards $20,450 in the near term…. Read More: Bitcoin Price and Ethereum Might Recover, CHZ and LINK Turn…
Read more
Ethereum moved to a three-week low on Friday, as market sentiment remained bearish following the completion of The Merge. The world’s second largest cryptocurrency dropped below $1,500 today, less than 24 hours after the historic migration from proof-of-work (PoW), to a proof-of-stake (PoS) system. Bitcoin also neared a multi-week low. Bitcoin Bitcoin (BTC) fell further…
Read more
Bitcoin price remained well below the $20,500 resistance zone. BTC is currently (03:30 UTC) trading below the $20,000 support zone. A downside break below $19,500 might start a major decline in the near term. Similarly, most major altcoins are struggling to start a fresh increase. ETH started a major decline and traded below the $1,500…
Read more
Ethereum fell below $1,600 on Thursday, despite the successful completion of the highly anticipated Merge event. The event saw a migration from proof-of-work (PoW), to a proof-of-stake (PoS) system. Bitcoin was also lower in today’s session, with the token falling below the $20,000 level. Bitcoin Bitcoin (BTC) fell below $20,000 on Thursday, as sentiment surrounding…
Read more
Bitcoin price stayed above the $19,500 support zone. BTC is currently (12:20 UTC) consolidating near the $20,000 level. To start a fresh increase, the bulls must push the price above the $20,500 resistance zone in the near term. Similarly, most major altcoins might attempt a fresh increase. ETH is slowly moving lower towards the $1,550…
Read more
Cryptocurrency prices plunged in today’s session, as markets reacted to the latest U.S. inflation report. Bitcoin fell by over $2,000 in the last 24 hours, as consumer prices fell by less than expected in the United States. Ethereum was also in the red, as the token dropped below $1,600. Bitcoin Bitcoin (BTC) was trading lower…
Read more
Bitcoin price found support near the $20,000 level after a strong decline. BTC is currently (11:10 UTC) consolidating above $20,000. It could start a fresh increase if there is a clear move above $20,800. Similarly, most major altcoins are consolidating near support zones. ETH is struggling to stay above the $1,600. XRP might decline and…
Read more
Bitcoin price failed to stay above the USD 22,500 resistance zone. BTC declined nearly 10% and is currently (03:30 UTC) consolidating losses. If the price stays above USD 20,000, it could start a fresh increase. Similarly, most major altcoins are declined and tested key supports. ETH declined over 5% and tested the USD 1,550 support.…
Read more
