Massive spikes in trading volume sent the price of XEM, REP and DNT higher even as Bitcoin price hit a weekly low at $31,000.
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Massive spikes in trading volume sent the price of XEM, REP and DNT higher even as Bitcoin price hit a weekly low at $31,000.
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Bitcoin’s correction is accelerating, but a bounce off the 50-day moving average could give altcoins reason to rebound off lower support levels then move higher.
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DeFi tokens and altcoins bore the brunt of today’s carnage as Bitcoin price dipped below $48,000.
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Bitcoin has broken its all-time high and has more than doubled in value at the peak, but why have some other coins failed to keep up?
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Bitcoin’s rally back to $19,000 could improve market sentiment and push select altcoins higher this week.
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Select altcoins are moving higher as Bitcoin prepares for a renewed push to $16,000
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Symbol, the forthcoming enterprise and security token-focussed blockchain from the team behind XEM, will host a whiskey fund and Lithuanian collectible token at launch.
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The tight consolidation in Bitcoin and a few altcoins points to a potential breakout within the next few days.
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A short-term bottom for Bitcoin and altcoins may be confirmed if the bulls do not allow the recent lows to be broken during the next fall.
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