After spiking above the USD 24,000 level, bitcoin increased its volatility as Tesla said it sold 75% of its BTC holdings, or USD 936m worth of bitcoin, in the second quarter, in an attempt to raise cash. However, Tesla’s chief Elon Musk stressed that “this should not be taken as some verdict on Bitcoin” as…
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On Wednesday, Bitcoin surpassed $24,000 amid a broader recovery in the cryptocurrency sector, which has seen the global market valuation reach $1 trillion. Over the last seven days, the leading cryptocurrency has surged by more than 23%. Bitcoin Pumps Past $24k Threshold The bull run barely got started. For the first time in more than…
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Bitcoin prices surged on hump day, as the token climbed towards the $24,000 level in today’s trading session. The move came as bullish pressure intensified, following several days of recent gains. Ethereum also remained higher, once again climbing above $1,600. Bitcoin Bitcoin (BTC) extended its recent gains on Wednesday, as prices rose towards the $24,000…
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Bitcoin price gained pace and was able to clear the USD 23,500 resistance and almost touch USD 23,800. It is currently (11:45 UTC) trading near USD 23,650 and is up almost 7% in a day and 22% in a week. Similarly, most major altcoins are eyeing more upsides. ETH is back near USD 1,600 and…
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SOL’s bear flag setup sees its price declining to $21 by September 2022. Solana (SOL) ticked modestly lower on July 20 after testing a critical technical resistance, suggesting further pullback moves in the coming weeks. SOL price eyes 50% wipeout SOL’s price decreased by over 4% to $44 after failing to breach a multi-week ascending…
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Bitcoin price remained well bid above the USD 22,000 zone and was able to spike above the USD 23,000 resistance. It is currently (04:04 UTC) trading near USD 23,400 and is up 7% in a day and 21% in a week. Similarly, most major altcoins are trading in a positive zone. ETH is now consolidating…
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Ethereum rose for a seventh consecutive session on Tuesday, as prices briefly climbed above the $1,600 level. This move saw the token hit its highest level in over a month, and came as bitcoin also reached a nearly five-week peak, following gains made earlier today. Bitcoin Bitcoin (BTC) was up to start today’s session, however…
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While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190 terahash per second…
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Bitcoin tested USD 22,800 before there was a downside correction. It is currently (11:27 UTC) consolidating near USD 21,900 and is down less than 1% in a day and up almost 10% in a week. Similarly, most major altcoins are also consolidating gains. ETH rallied towards USD 1,620 before there was a pullback. XRP is…
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Bitcoin price settled above the USD 21,500 resistance zone, started a steady increase and was able to spike above the USD 22,800 level before retreating. It is currently (04:08 UTC) trading near USD 21,900 and is still up almost 3% in a day and 10% in a week. Similarly, most major altcoins are trimming their…
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