The overall crypto market has witnessed brief recovery as the price of Bitcoin along with major altcoins are trading in green. This for the time being puts a halt on the recent bloodbath which brought the prices of almost all cryptocurrencies to record lows. Bitcoin is now trading at $26,505
The crypto market has experienced a massive downtrend due to selling pressure over the past few weeks. Bitcoin (BTC), the world’s largest cryptocurrency, fell below the $26K mark, showing bearish momentum. Following BTC’s fall, the major altcoins are facing a similar downtrend. According to the Onchain data, the recent price
Most cryptocurrencies are still trading in the red, indicating that the bears are still in control. Bitcoin and Ether prices seem to be indicating a further fall. The price seems to be slipping gradually after some period of consolidation. After failing to break over $1700 on August 18, the ETH
The crypto market has faced severe selling pressure for the last few days. The price of Bitcoin declined all the way to the $25,000 range. At the time of writing the price has been trading in a confined range. During the severe crash, the majority of altcoins have also lost remarkably,
The crypto market is currently dominated by bears and one of the leading cryptocurrencies, Ethereum, stands as a testimony to it. ETH has been experiencing a steady downward momentum for an extended period. After briefly reaching $2000 following Ripple’s victory over the SEC in mid-July, the price was hovering in
During the recent bloodbath, almost all cryptocurrencies including Ethereum (ETH) performed terribly. However, declining trade volumes of ETH over the weekend indicate a temporary lull in the selling frenzy. On the other hand, a well-known crypto analyst with the Twitter handle Ali_Charts, predicts a rather muted price trend for Ethereum
The crypto market has experienced a massive downtrend in the past few days. Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a slight recovery after falling below the $26K mark. However, the trading price of BTC is still around the $26,000 mark, showing strong bearish momentum. Before the recent dump,
The price of Ethereum (ETH) fell by 7.6 percent as the market suffered a sudden downturn, with most of the decline occurring in a short span. On Friday morning, most of the cryptocurrencies continued their terrible performances. According to statistics from Coinglass, the previous 12 hours saw one of the
Stocks in the United States unexpectedly fell at the market close, with the technology-focused Nasdaq Composite leading the decline. The release of the Fed’s July meeting minutes affected market sentiment because they highlighted a rising worry among top officials about “upside inflation risks.” Fear of further interest rate rise dampened investor optimism on
Ethereum, the second-largest cryptocurrency, is imprisoned in the prevalent battle between bullish and bearish forces. This largest altcoin breached the $1,800 level, marking its new low since late June. While the question arises of who will win — bears or bulls— a sense of bullish hope emerges in the market
