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After dipping below the $20k range yesterday, Bitcoin regained support this Friday. On the other hand, Ethereum continues to outperform Bitcoin in terms of price action, as the cryptocurrency gained 4% in the past 24 hours, rising above the $1,600 level. The upcoming network merge for ETH is nearing and is the primary reason for … Read more
Ethereum was back above $1,600 on Friday, as markets reacted to the latest nonfarm payrolls (NFP) report. Figures released today showed that 315,000 jobs were added to the U.S. economy, better than the 300,000 expected. Bitcoin was marginally higher, as the token continued to trade above $20,000. Bitcoin Bitcoin (BTC) was trading above $20,000 on … Read more
On August 31, 2022, Ethereum Classic’s hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classic’s global hashpower surpassed the 40 terahash per second (TH/s) region on Wednesday. Despite the fact that the network’s hashrate has risen a great deal, Ethereum’s hashrate remains relatively unchanged with just over 1,000 TH/s dedicated … Read more
After sideways trading through most of this week, Bitcoin dipped below the $20k level today while Ethereum managed to keep support at $1,500. With September being a historically weak month, BTCUSD is struggling this week, down over 8% in the past 24 hours. Ethereum is also showing signs of weakness ahead of the merge, down … Read more
Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from the $1,600 region. Bitcoin Bitcoin (BTC) briefly fell below $20,000 on Thursday, as … Read more
The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement Nitro Update The Offchain Labs-managed L2 Ethereum scaling solution Arbitrum, told fellow Arbinauts (the … Read more
Bitcoin’s technical setup leans toward additional downside, leading some traders to exit altcoins which are struggling at overhead resistance levels. Go to Source Powered by WPeMatico
Ether is forming classic bullish patterns against the greenback and its top crypto rival on shorter-timeframe charts. Go to Source Powered by WPeMatico
Cryptocurrency markets continue to trade sideways this week after last weekend’s correction. While support for major digital assets like BTC and ETH holds, the global crypto market remains below the $1 trillion range, suggesting that the bears are still in control. August has been a weak month for BTC and ETH markets, as Bitcoin failed … Read more
Ethereum was hovering close to $1,600 during Wednesday’s session, as market volatility eased today. Following a turbulent week of trading, crypto markets mostly consolidated on hump-day, with the global market capitalization down 0.23% as of writing. Bitcoin’s price was mostly unchanged, as it remained above $20,000. Bitcoin Cryptocurrency markets consolidated on Wednesday, with bitcoin (BTC) … Read more