Auto Added by WPeMatico
Digital currency markets have seen some decent gains this week, as the overall market valuation of all 7,000+ crypto assets is hovering above the $446 billion mark. Traders also watched the price of bitcoin jump above the $16k zone on Thursday for the first time since 2018. Bitcoin and a number of other crypto-assets have […]
The post Market Update: Bitcoin Spikes Over $16K, RSI Levels Warm Up, Price Retracts for Another Attempt appeared first on Bitcoin News.
Powered by WPeMatico
At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen over 323% since the crypto asset’s $3,600 low in 2020. The price of […]
The post Bitcoin’s Market Cap Is More Valuable Than the IMF’s Special Drawing Rights Reserves appeared first on Bitcoin News.
Powered by WPeMatico
Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout, ethereum still captures 10% of the aggregate market capitalization of $330 billion. There’s been a number of changes in the top ten line up of coins, as bitcoin (BTC) has […]
The post Bitcoin Dominance Slides Losing 10% in the Last 100 Days appeared first on Bitcoin News.
Powered by WPeMatico
Data now shows that the aggregate market valuation for all the ERC20 tokens in existence has surpassed the market capitalization of Ethereum’s native coins. According to data, the net worth of the ERC20 token ecosystem is roughly $2.5 billion larger than the $26.7 billion Ethereum valuation. The cryptocurrency community has been discussing the aggregate market […]
The post Aggregate ERC20 Market Cap Outpaces Valuation of ETH in Circulation by $2 Billion appeared first on Bitcoin News.
Powered by WPeMatico
Cryptocurrency markets have been climbing higher in value as coins like BTC have gained over 19% during the last 90 days. However, many other digital assets have seen much larger gains and BTC dominance has been sliding downwards consecutively for the last 14 days. Also Read: Craig Wright’s $100B Theft Claim – BTC and BCH […]
The post BTC’s Market Share Drops Consecutively for 14 Days – Dominance Ratio Slides to 60% appeared first on Bitcoin News.
Powered by WPeMatico
Digital currency markets have started to show strong signs of recovery after dropping to new lows last week. On Monday, a number of cryptocurrencies gained between 2-5% over the course of the day. Crypto prices have held steady into the next day and many digital assets will likely test key resistance levels in order to […]
The post Market Outlook: Leading Cryptocurrencies Attempt to Break Resistance appeared first on Bitcoin News.
Powered by WPeMatico
The second quarter of 2019 is coming to an end and for those who invested in cryptocurrencies this year, market prices are a whole lot higher than they were a year prior. Since the significant lows in December 2018, most digital currencies have captured remarkable gains. Also read: Policymakers Meet to Finalize Global Crypto Guidance […]
The post These Are 2019’s Biggest Cryptocurrency Winners and Losers so Far appeared first on Bitcoin News.
Powered by WPeMatico
Cryptocurrency markets are once again riding a long period of consolidation as the last seven days has failed to show any meaningful moves. During our last markets update, digital asset values spiked considerably, gaining billions in one hour on Feb. 8. But a week later cryptocurrencies have offset those gains and most markets have been […]
The post Markets Update: Crypto Traders Still Uncertain After a Week of Consolidation appeared first on Bitcoin News.
Powered by WPeMatico