Bitcoin’s break above $20,000 boosted investor sentiment and triggered strong rallies from several altcoins.
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Bitcoin’s break above $20,000 boosted investor sentiment and triggered strong rallies from several altcoins.
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Bitcoin price regained the $19,000 level and continues to trade in a range, providing altcoins with the opportunity to steadily move higher.
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The market-wide correction looks set to continue as Bitcoin and most major altcoins are facing selling at higher levels.
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According to onchain data analytics researchers, one of the founders of the company Ripple, Jed McCaleb allegedly sold 29.5 million XRP in a single day. McCaleb, an early cryptocurrency investor, and self-made entrepreneur is one of the richest men on the planet. There are a number of investors who happened to get into cryptocurrency at […]
The post Crypto Billionaires: Ripple’s Jed McCaleb World’s 40th Richest Person, Cofounder Sells 29 Million XRP Last Week appeared first on Bitcoin News.
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Bitcoin and several altcoins have recovered sharply from their intraday lows, a signal that there is healthy demand at lower levels.
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Many altcoins are seeing sharp corrections as Bitcoin price struggles to hold $19,000 as support.
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Bitcoin and most major altcoins could consolidate for a few days before starting the next big move.
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While Bitcoin’s range-bound action is likely to extend for a few more days, select altcoins continue to show promise.
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Altcoins corrected as Bitcoin price dropped below $9,000, but traders buying the BTC dip could provide room for altcoins to recover.
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The altcoin market capitalization has steadily risen over the past few days, suggesting that the short-term price action has shifted away from Bitcoin.
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