Bitcoin Price Continues Losses as Metaverse Crypto Coins Show Significant Gains

As expected, this week, the stock market opened in a bear market, with the Dow losing 876 points, S&P falling into bear territory, and the Nasdaq selloff continuing. Bitcoin and Ethereum saw significant bearish momentum on Monday, which continued through Tuesday, with the Bitcoin price losing nearly 25% this week and the Ethereum price down over 30% in the past seven days. However, surprisingly Metaverse crypto coins saw price gains of up to 20% today, signaling a potential altcoin season upcoming for crypto markets. Altcoin Season Coming for Metaverse and NFT Projects? While currently, the market is still not in

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Bitcoin, Ethereum Technical Analysis: BTC Falls to $20,000 Range, as Sell-Off Extends

Bitcoin declined for an eighth consecutive session on Tuesday, as the crash in crypto markets continued. BTC fell to the $20,000 range for the first time since December 2020, whilst ETH hit $1,000, also recording a multi-year low. Bitcoin BTC was trading lower for an eighth consecutive day, with Monday’s decline sending prices to their […]

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Bitcoin and Ethereum Prices Show Significant Losses as Bear Market Continues

Bitcoin and Ethereum prices show significant losses this Monday, with BTC trading at $23.7k and ETH dropping nearly 16% to $1.2k. Current cryptocurrency prices are bringing the market back to January 2021, with the global market cap finally dropping below the $1 trillion level, currently at $965 billion. Panic at the Market There’s evident panic in the cryptocurrency markets as Bitcoin price is down over 24% and Ethereum price is down over 35% this week. The culprit behind the substantial bearish momentum is looming recession risks and the continuing rise of inflation. Stock market prices are diving, the economy is

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Bitcoin, Ethereum Technical Analysis: BTC Drops Below $24,000 to Lowest Level Since December 2020

Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge. ETH also fell considerably on Monday, as prices declined by over 16%, falling below $1,200 in the process. Bitcoin Bitcoin fell to its lowest level since December 2020 on Monday, as crypto markets plunged to […]

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