As the community celebrates the coming of the new year, the crypto market has begun to show signs of recovery. The overall market cap shows a 2.27% increase while trading volume has taken a modest plunge. Meanwhile, another new season of X/crypto drama has ensued with Elon Musk’s recent endorsement
As the year wraps up, the crypto market reflects a mix of triumphs and setbacks, setting a hopeful stage for 2025. With the largest asset, Bitcoin, trading at $92.5K, the largest altcoin, Ethereum, continues to confront obstacles as it battles to reclaim the $3.5K level, which acts as a crucial
Bitcoin (BTC) has entered a consolidation phase, raising questions about its trajectory as 2025 approaches. After reaching an all-time high of $108,278 just two weeks ago, Bitcoin has experienced a sharp decline, now trading at $91,800, down 1.8% in the past 24 hours and over 14% from its peak. The
Ethereum (ETH) is currently trading at $3,433, experiencing a 2% decline in the past 24 hours with trading volume down 18%. Over the last week, the asset has dropped by 7%, and on December 20, it fell below the support zone of $3,101, a level not seen for over a
The cryptocurrency market saw some recovery on Christmas day, as Bitcoin revisited its $99K mark. Meanwhile, several year-end reports depicted a sharp rise in global crypto adoption, thus bringing glad tidings. Additionally, Russia stated that it would include Bitcoin in international payments, further propelling interest within the community. Notably, Bitcoin
Bitcoin (BTC), the world’s largest cryptocurrency, has witnessed a 7% drop in value over the past week, trading at $94,159 at the time of writing. This marks its fourth consecutive day of decline, driven by macroeconomic concerns and reduced interest from institutional investors. Despite hitting a peak of $108,245 earlier
Ethereum (ETH) is trading at $3,323, registering a slight 0.10% dip alongside a 10% drop in trading volume over the past 24 hours. This follows a turbulent week where ETH hit a 29-day low of $3,101 and recorded a 16% weekly decline. The daily Relative Strength Index (RSI) now hovers
As the overall crypto market cap slips by more than 5% to $3.51 trillion, Ethereum (ETH), the largest altcoin, stands at a crucial crossroads. Clearing the $4K threshold of ETH seems to be hard to fetch. The recent price momentum of Ethereum brought in a rally toward $4K. Over the
The Asian crypto community has woken up to rainy mornings and another day of bearish market activity. Leading cryptocurrencies have continued their descent after an incredible bull market at the start of the week. Meanwhile, the US Federal Reserve Chair, recently stated that there would be no change in law
As December reaches midweek, the crypto market has shed 3.06% in market cap over the last 24 hours. Bitcoin price has edged up to $109K in the early hours and dipped steadily to $104K. The largest altcoin, Ethereum (ETH), followed BTC’s footsteps and failed to settle above the $4K zone.
