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
The popular analytics firm Santiment shared that the trading price of the world’s largest cryptocurrency, Bitcoin (BTC), has remained in a tight range of between $28K and $29K over the past few weeks. Yet, even with this bearish momentum, Bitcoin has outperformed the equities market S&P 500. The trading price
Bitcoin, the pioneer cryptocurrency, has experienced bullish momentum over the past 48 hours. However, despite the positive trend, BTC has struggled to breach the significant $30,000 mark. Meanwhile, the release of the US Consumer Price (CP) data, which jumped to 3.2% in July, a lesser than expected 3.3%, led to
Bitcoin, the dominant cryptocurrency by market capitalization, recently surged to $30,144 just a few hours ago, sparking excitement within the community after two weeks of anticipation. However, this surge was short-lived as the price swiftly plummeted to $29,940 within half an hour. Notably, this was followed by Novogratz, a cryptocurrency
Ethereum (ETH), the leading altcoin by market capitalization, has experienced a slight recovery of 0.13% after reaching a weekly low of $1,804 on August 7. However, the trading price of ETH still stays below the $1,900 mark, showing bearish momentum in the crypto market. Yesterday, Ethereum experienced a downtrend that
Bitcoin, the largest cryptocurrency by market capitalization, is currently causing concern among investors and traders due to its strong bearish momentum. On August 2nd, BTC broke through its downtrend week, reaching the $29,995 mark, and briefly exhibited a bullish moment following an announcement from MicroStrategy. The company revealed plans to sell
Ethereum, the second-largest cryptocurrency finds itself amidst a bear-dominated market. The ongoing battle between the bear and the bull has intensified over the past two weeks, driving down the price. Notably, the price of ETH has decreased by 6.16% in the last month and by 2.1% within the last 7
