Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 6-Week Highs as Dollar Loses Steam

Bitcoin rose to its highest level in six weeks on Wednesday, as the U.S. Dollar continued to weaken versus several G7 currencies. The latest decline in USD comes as consumer confidence in the United States fell by more than expected in October. Ethereum was also trading at a multi-week high in today’s session Bitcoin Bitcoin … Read more

Crypto Market Update for Oct 25th – Bitcoin and Ethereum Prices Show Bullish Momentum

After little change last week and a slow start on Monday, Bitcoin and Ethereum prices are showing significant bullish momentum today, with BTC peaking above $20k and Ethereum rallying past $1,400. The global cryptocurrency market cap is up 3% today, currently at $957 billion. There’s no doubt that the markets are highly bullish today. Let’s … Read more

Bitcoin, Ethereum Technical Analysis: BTC Moves Lower as Prices Fail to Break Out of Key Resistance Level

Bitcoin was trading lower in today’s session, after failing to break out of a key resistance level of $19,600. Bullish sentiment seemed to have returned to the market on Monday, however this momentum was short lived. Ethereum also fell in today’s session, but remained above its recent price ceiling. Bitcoin Bitcoin (BTC) moved lower on … Read more

Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million

Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon has also spurred over three million Redditors to leverage Reddit’s Vault blockchain … Read more

Bitcoin, Ethereum Technical Analysis: Ethereum Back Above $1,300 to Start the Weekend

Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the week, with the market cap trading 1.56% high as of writing. Bitcoin was also in the green in today’s session. Bitcoin Bitcoin (BTC) was trading … Read more

While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week

During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the number of NFT buyers slid by 12.63%, and the number of NFT transactions is down 19.19% on October 23, 2022. NFT Sales Record a Slight … Read more

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