Bitcoin price followed a bearish path below the USD 23,500 support. BTC even traded below the USD 23,200 support zone. It is currently (04:00 UTC) struggling below USD 23,000 and might continue to move down. Similarly, most major altcoins are gaining bearish momentum. ETH extended losses and tested the USD 1,800 level. XRP is down…
Read more
More of the BTC supply has stayed in its wallet for five years or longer than ever before. Bitcoin (BTC) long-term holders are knuckling down as a record portion of the BTC supply stays dormant for years. Data from on-chain analytics firm Glassnode confirms that the percentage of the supply now stationary for at least…
Read more
Ethereum was once again trading below $1,900 during Thursday’s session, as the Ethereum Foundation clarified speculation surrounding The Merge. It was recently rumored that the move will reduce gas fees, however these claims were somewhat dismissed. Bitcoin was also lower, as it continued to trade below $24,000. Bitcoin Bitcoin (BTC) fell lower for a fifth…
Read more
Bitcoin price started a fresh decline below the USD 24,000 support zone. BTC even traded below the USD 23,500 support zone. It is currently (04:00 UTC) down 2% and struggling to stay above the USD 23,200 support zone. Similarly, most major altcoins are showing several bearish signs. ETH declined and traded below the USD 1,850…
Read more
The bottom “is not in” for either stocks or crypto, one analyst believes, as alarming data shows copycat moves from 2008 by the S&P 500. Bitcoin (BTC) dropped to weekly lows at the Aug. 17 Wall Street open as upcoming Federal Reserve comments unsettled risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar climbs…
Read more
Bitcoin price struggled to stay above the USD 24,000 level. BTC is currently (11:20 UTC) moving lower and approaching the USD 23,500 support. A clear move below USD 23,500 might spark a sharp decline. Besides, most major altcoins are slowly moving lower. ETH is approaching the USD 1,850 support zone. XRP failed to retain gains…
Read more
Bitcoin price struggled to clear the USD 24,500 resistance zone. BTC slowly moved below the USD 24,200 and USD 24,000 levels. It is currently (04:00 UTC) struggling and might continue to move down towards the USD 23,500 level. Besides, most major altcoins are struggling to clear key hurdles. ETH settled below USD 1,900, but it…
Read more
According to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple people familiar with the matter, said Mashinsky sold millions of dollars’ worth of bitcoin in anticipation to buy bitcoin cheap. Except after the CEO allegedly…
Read more
Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both retail sales and industrial production in China had grown by less than expected, heightening concerns of an upcoming global recession. Bitcoin also declined on Tuesday. Bitcoin Bitcoin (BTC) was once again…
Read more
Bitcoin price is trading in a range near the USD 24,000 pivot level. BTC seems to be struggling to gain pace for a move above USD 24,500. It is currently (11:20 UTC) showing a few positive signs and might attempt a fresh increase if there is no downside break below USD 23,500…. Read More: Bitcoin…
Read more
