Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB
Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover. Go to Source Powered by WPeMatico
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Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover. Go to Source Powered by WPeMatico
Bitcoin and altcoins gave up the gains of last week’s relief rally and June 29’s dip below $20,000 suggests bears are intent on pushing the market back to its yearly lows. Go to Source Powered by WPeMatico
Gavin Wood said that he seeks to transform the Polkadot blockchain into a full technocracy. Go to Source Powered by WPeMatico
Bitcoin and altcoins are facing profit-booking after the recent relief rally, but charts suggest that a revisit to recent swing lows could be in store. Go to Source Powered by WPeMatico
While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37% this weekend. Defi TVL Improves, Cross-Chain … Read more
A handful of on-chain metrics suggest that Bitcoin could be close to bottoming, and if true, the eventual relief rally could induce sharp gains from altcoins. Go to Source Powered by WPeMatico
BTC and select altcoins attempted a reversal, but are facing heavy selling at higher levels, which is proof that bears remain in control of the wider market. Go to Source Powered by WPeMatico
Bitcoin and select altcoins attempted a relief rally, but most breakouts are being capped-off well below the 20-day moving average. Go to Source Powered by WPeMatico
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time high (ATH) at $253.91 billion. … Read more
Bitcoin price struggles to hold support at $20,000, and the outcome of this battle between bulls and bears will determine the next directional move. Go to Source Powered by WPeMatico