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Bitcoin and Ethereum rise by 4% and 6% today as the cryptocurrency market is waking up this week and showing signs of life. After a relatively flat performance last week, Bitcoin is starting this week on the right foot. Whether this is a beginning of a bull run is early to tell, but the uptrend … Read more
The latest U.S. inflation data is poised for release this week as Bitcoin price action spikes higher after a promising weekly close. Go to Source Powered by WPeMatico
Nayib Bukele, the president of El Salvador, declared that the speedy recovery of tourism in the country had to do with three elements, including surfing, bitcoin, and overall crime reduction. El Salvador was one of the 15 countries that managed to take their tourism incomes to pre-pandemic numbers according to data from the World Tourism … Read more
Select altcoins such as FLOW, THETA, QNT, and MKR could rally if Bitcoin breaks above the stiff overhead resistance at $24,668. Go to Source Powered by WPeMatico
The past two months have been relatively uneventful for cryptocurrency markets. Bitcoin and Ethereum have been trading sideways since mid-June, and despite minor bull rallies in July, the market is essentially unchanged. Trading volume is showing a significant drop today, with Bitcoin’s 24-hour volume down over 37% while Ethereum’s is down over 40%. The sharp … Read more
The firm may be caught short in the event that markets have already bottomed and crypto starts to deliver serious returns again. Go to Source Powered by WPeMatico
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across 1,199 fundraising rounds surpasses all the funding blockchain startups and … Read more
BTC/USD could hit $30,000 if the current daily trend of higher highs and lows continues, one trader says as the market avoids weekend losses. Go to Source Powered by WPeMatico
The rise in the ETH/BTC pair is painting a bearish technical pattern, hinting at a potential correction. Go to Source Powered by WPeMatico
Bitcoin and Ethereum prices continue to trade sideways this weekend after establishing support at the $23k and $1,700 levels, respectively. The global cryptocurrency market cap remains unchanged at the $1.1 trillion level, as we see 24-hour trading volume for BTCUSD drop by 10%, while ETHUSD’s trading volume saw an increase of 4%. The markets will … Read more