Following strong gains towards the end of yesterday’s session, BTC consolidated today, as markets prepare for Easter weekend. Bitcoin’s price surged late on Wednesday, hitting a key resistance point in the process. ETH also hit a ceiling during the session. Bitcoin Following a late surge towards a key resistance level of $41,500 on Wednesday, BTC…
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Bitcoin price gained pace after it cleared the USD 40,500 resistance zone. BTC even surpassed the USD 41,200 resistance before correcting lower. It is currently (11:10 UTC) trading near USD 41,000 and is up 3% in a day. Similarly, most major altcoins are facing important hurdles. ETH climbed above the USD 3,100 level but…
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Bitcoin price formed a base above the USD 39,500 zone. As a result, BTC started a steady upward move above the USD 40,500 resistance. It is currently (03:39 UTC) showing positive signs above USD 41,300 and might eye a move above the USD 42,000 resistance zone. BTC is up 3% in a day, trimming…
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According to Ethereum developer Tim Beiko, The Merge is likely to be pushed to the third quarter of 2022. Despite the delay, Beiko also said he “strongly suggests not investing more in mining equipment at this point.” The Merge May be Delayed, Ethereum Hashrate Taps New ATH Four days ago, Bitcoin.com News reported on ethereum…
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Bitcoin and Ethereum had led the market in the recent price decline. It has led to a lot of profit-taking on the part of investors that want to avoid incurring more losses in the long term. Nevertheless, investors remain undeterred as they continue to accumulate coins. The result of this has been intense outflows for…
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After a boost on Tuesday, following the release of U.S. inflation data, bitcoin prices were once again lower on Wednesday. BTC has mainly traded below $40,000 during the session, with ETH continuing to hover above the $3,000 level. Bitcoin Following a slight rebound in price during yesterday’s session, BTC fell below $40,000 earlier today, and…
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Bitcoin price attempted a recovery wave above the USD 40,500 level. However, BTC struggled to gain strength for a clear move. It is currently (11:51 UTC) trading near USD 39,900 and remains at risk of more downsides below USD 39,500. Similarly, most major altcoins are struggling to start a steady recovery. ETH failed near…
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Bitcoin price retested the USD 39,200 support zone. BTC remained supported and climbed above USD 40,000. It is currently (04:28 UTC) consolidating losses below USD 40,100 and facing many hurdles on the upside near USD 41,200. BTC is up less than 1% in a day. Besides, most major altcoins are also moving higher. ETH…
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Bitcoin and ETH both fell below key price levels on Tuesday, as crypto bears continued to push prices lower. Despite this, both have now regained these levels following news that U.S. inflation rose to a record 8.5% year-over-year. Overall, cryptocurrency markets were down 1% as of writing. Bitcoin BTC dropped below its key level of…
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Bitcoin price traded below USD 39,500, but the bulls were active near USD 39,200. BTC is currently (11:45 UTC) correcting losses near USD 40,400, with many hurdles near USD 41,000. The price is still down 2% in a day. Similarly, most major altcoins are attempting an upside correction. ETH tested USD 2,950 and recovered…
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