Leading Crypto Markets Post Worst Year of Monthly Price Action on Record

When looking at monthly market performance, 2018 was the bloodiest year in the history of the cryptocurrency markets. Of the seven largest cryptocurrencies by market cap, only three were able to produce more than two green monthly candles during 2018. Also Read: Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced BTC and ETH Produce … Read more

Bitcoin Price Approaching $4,100, but Don’t Get Excited Yet, Analyst Warns

The new year has kicked off on the right foot for Bitcoin investors. The currency has continued with its rally, gaining $375 since the year turned. In the past 24 hours, the currency has gained 6.5 percent, finally hitting the $4,000 level again. The last time Bitcoin hit this level was December 25, after which … Read more

Bitcoin Price Watch: Currency Breaks $4,000 Resistance Level

At press time, the father of crypto has broken its present resistance level and moved beyond the $4,000 mark (bitcoin is currently trading for roughly $4,043). The currency has interestingly moved head in price, but it’s also bolstered forth in other ways as well. Many analysts claimed that bitcoin mining was wreaking havoc on our … Read more

Report: Most Major Crypto Assets Show Close Price Correlation

The 2018 bear trend brought an increase in correlation across the leading cryptocurrency markets, with recent research indicating that 10 of the top 15 crypto assets by market cap show a price correlation of more than 64%. Additionally, five cryptocurrency pairs show a correlation larger than 80% for 2018 – ADA and XLM, BTC and … Read more

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