Price analysis 12/1: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB
Bitcoin continues to encounter resistance near $60,000, but this hasn’t stopped altcoins from advancing on their previous all-time highs. Go to Source Powered by WPeMatico
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SafePal, Bifrost and Request Network soar after Bitcoin price hits $59K
BTC’s push toward $60,000, new cross-chain features and a sharp increase in user activity boosted SFP, BFC and REQ price. Go to Source Powered by WPeMatico
Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High
The second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset’s all-time high ($4,878) it reached 21 days ago on November 10. While bitcoin dominance has slid below the 40% zone, ethereum’s market dominance, or $557 billion market valuation, represents close to 20% of the crypto economy. Ethereum’s … Read more
Fidelity reportedly launching spot Bitcoin ETF in Canada
Fidelity Investments has launched a Bitcoin exchange-traded fund that will allow investors to buy and sell real Bitcoins rather than derivatives. Go to Source Powered by WPeMatico
Bitcoin correction weakest of 2021 so far, as hopes of Santa Claus rally rise
Bitcoin has fallen just 17% from ATH which makes this correction the shallowest of the year so far. Go to Source Powered by WPeMatico
Ethereum approaches a new ATH, but derivatives data reflects mixed emotions
Ethereum price appears en-route to a new all-time high, but data shows retail and pro investors are slightly skeptical about the current rally. Go to Source Powered by WPeMatico
Bitcoin, stocks and commodities correct after Fed chair mentions policy change
BTC, stocks and commodities took a hit after the Federal Reserve acknowledged that inflation is more than just a “transitory” problem and hinted that tapering could occur sooner than expected. Go to Source Powered by WPeMatico
SHIB, RGT and AMPL shake off Fed taper comments by notching double-digit gains
Comments from the Federal Reserve might have sent BTC price tumbling, but SHIB, RGT and AMPL ignored the taper talk by posting double-digit gains. Go to Source Powered by WPeMatico
Wen moon? Data shows pro traders becoming more bullish on Bitcoin price
MicroStrategy’s purchase of 7,002 BTC might have helped boost Bitcoin price today, but derivatives data also shows that pro traders are becoming more bullish. Go to Source Powered by WPeMatico
3 reasons why traders expect Bitcoin to retake $60K before November ends
Bitcoin price flashed a few bullish signals on Nov. 29, leading analysts to share their opinions on why BTC should close November above $60,000. Go to Source Powered by WPeMatico