Tag: Market Update

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip

Stocks and altcoin prices bounced as the sell-off in BTC took a pause, but analysts continue to warn that further downside could occur shortly. The similarity in price action between the crypto and traditional financial markets remains quite strong on May 10 as traders enjoyed a relief bounce across asset classes following the May 9…
Read more

Bitcoin retests key $30K support zone as data highlights BTC whale accumulation

Fear dominates the crypto market as BTC price trades near $30,000, but data suggests whales and momentum traders could be interested in accumulating in this zone. Sentiment across the cryptocurrency market plunged even deeper on May 9 as an escalation in the ongoing sell-off intensified with bears pushing Bitcoin (BTC) to $30,334, its lowest price…
Read more

Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year

Today’s top meme coins have lost 4.8% in value against the U.S. dollar, as the crypto market carnage has wreaked havoc across the entire digital currency economy. While dogecoin had a phenomenal year in 2021, over the past 12 months, dogecoin lost 82.8% against the USD. DOGE Tapped an All-Time High a Year Ago Today,…
Read more

Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K

Crypto market weakness continues into May as analysts suggest that deteriorating sentiment could lead Bitcoin price to re-test $28,000. The start of May has seen a continuation of the weakness in crypto and equities markets and at the moment, there is no indication of any short-term factors that could reverse the bearish trend. Equities markets…
Read more

ApeCoin (APE) hits a new all-time high ahead of this week’s Otherside land auction

APE price continues to hit new all-time highs as BAYC, MAYC and NFT investors prepare for the highly anticipated Otherside land auction. The nonfungible token (NFT) and Metaverse sectors have been the bright spots in an otherwise sideways crypto market in 2022 and proof of this comes as APE token hit a new all-time high…
Read more

Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K

BTC price fell below $38,000 as tech stocks sold off and traders watched cautiously to see if Bitcoin can hold its “macro-level support” zone. The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk’s purchase of Twitter began to fade and concerns about the state…
Read more

Here’s why the growth of token staking could be bullish for Lido (LDO)

A renewed focus on decentralization, the steady growth of DeFi’s liquid staking sector and investment from institutions could benefit LDO token in the long-term. Liquid staking has grown in popularity over the past year thanks in part to the launch of the Ethereum beacon chain and the inability of ETH stakers to withdraw their tokens until…
Read more

What are the top 3 trending altcoins to buy in 2022 | Find out now on The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the top three trending altcoins to buy in 2022 The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the top three trending altcoins you might want to consider looking at in 2022. But first, market…
Read more

Bitcoin hits $40K, investors pump Dogecoin (DOGE) after Musk confirms Twitter purchase

Markets took a turn for the better after BTC reclaimed $40,000 and the excitement over Elon Musk buying Twitter translated to a 20% pump for DOGE price. The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that…
Read more

Memecoins eye major revamps in an effort to return to their former glory

Shiba Inu, Dogecoin and SafeMoon are trading far from their all-time highs, but each project is still active, meaning there is still a chance for another memecoin rally. Memecoins briefly took the cryptocurrency market by storm in 2021 after steady attention and shilling from big-name influencers like Elon Musk and Mark Cuban helped propel coins…
Read more