Bitcoin, Ethereum Technical Analysis: ETH, BTC Volatile as US Inflation Hits 40-Year High

Prices of ethereum and bitcoin were volatile on Thursday, as markets reacted to U.S. inflation data. Bitcoin briefly recaptured the $45,000 level, but sold off after the data was released. Bitcoin Bitcoin started the day in the green, hitting the $45,000 mark in the process, however as the U.S. equity session opened, prices weighed, as … Read more

Technical Analysis: LEO up 60% Today, SHIB Falls Lower Following Monday’s Gains

Shiba inu’s (SHIB) 50% rise on Tuesday, seems to have inspired LEO bulls, who moved to push prices up by 61% in today’s session. The move comes as crypto markets consolidated yesterday’s gains. Biggest gainers Monday’s biggest loser, was Tuesday’s biggest gainer, as UNUS SED LEO was up by as much as 61% as of … Read more

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate After Monday’s Surge

Crypto markets marginally consolidated on Tuesday, following yesterday’s price surge which saw bitcoin and ethereum both rally to multi-week highs. BTC climbed to $45,000, with ETH moving to $3,200. Bitcoin Bitcoin prices were marginally below yesterday’s high, as profit takers look to have closed some of their positions. BTC/USD rose to an intraday high of … Read more

Technical Analysis: SHIB Climbs 50% Higher, as Meme Coin Hits $16 Billion Market Cap

Shiba inu (SHIB) is up over 50% as of writing, with cryptocurrency markets continuing to gain momentum to start the week. The so-called ‘meme coin’ rally has seen SHIB recapture a $16 billion market capitalization. Biggest gainers On Monday, bitcoin (BTC) and ethereum (ETH) both reached multi-week highs, with DOGE and XRP also trading over … Read more

Technical Analysis: Bitcoin Hits $40,000, as LEO Leads Friday Rally

Bitcoin rallied above $40,000 on Friday, however, this was not the biggest mover in crypto markets to end the week. Cryptocurrencies climbed today, following news that over 400,000 jobs were added to the U.S. economy last month. Biggest gainers Bitcoin (BTC) climbed to $40,000, ethereum was fast approaching $3,000, with Solana nearing $110, however, none … Read more

Bitcoin, Ethereum Technical Analysis: ETH up Nearly 10%, Crypto Markets Rally

Following two consecutive sessions of declines, cryptocurrencies rebounded on Friday, as markets prepared for the first non-farm payrolls of the year. ETH was up 8% as of writing, with the crypto market cap 4.4% higher. Bitcoin On the first Friday of each month, non-farm payrolls in the United States are released, and this typically sees … Read more

Technical Analysis: Gamestop Partnership Sends IMX 35% Higher

Immutable X avoided Thursday’s red wave, and was one of this week’s biggest crypto gainers, following news of a partnership with Gamestop. IMX climbed by over 35% today, with QNT also extending recent gains. As of writing, crypto markets were almost 4% lower. Biggest gainers Despite the bearish pressure on crypto markets this Thursday, there … Read more

Bitcoin, Ethereum Technical Analysis: Ethereum Down 6%, Crypto Red Wave Returns

Bitcoin and ethereum saw recent losses extended on Thursday, as global cryptocurrency markets declined during today’s session. Solana was also in the red, trading nearly 15% lower today. Bitcoin Following Wednesday’s drop in prices, BTC/USD declined for the second consecutive session, trading 5.25% lower as of writing. This selloff saw prices hit an intraday low … Read more

Technical Analysis: Quant Climbs 20%, as Loopring Selloff Extends

After earlier spells of consolidation, the tide turned on cryptocurrencies this afternoon, with markets finding themselves in a red wave. Quant managed to evade the wave, climbing by as much as 20% during the session. Biggest gainers Following yesterday’s strong gains, the global cryptocurrency marketplace was trading over 6% lower on Wednesday, however, there were … Read more