Bitcoin, Ethereum Technical Analysis: BTC Falls Below $40,000 to Start Weekend

Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency dropped below its long-term support level. The price of […]

Go to Source

Powered by WPeMatico

Bitcoin, Ethereum Technical Analysis: ETH Finds Temporary Support, After Hitting 3-Week Low

Ethereum found support on Tuesday, following a drop to a three-week low earlier in today’s session. This comes as the price of bitcoin also consolidated, following recent bearish pressure. Bitcoin The selloff in BTC momentarily eased on Tuesday, as global markets continued to closely monitor the Russia/Ukraine situation. BTC/USD dropped to a low of $36,488.93 […]

Go to Source

Powered by WPeMatico

Bitcoin, Ethereum Technical Analysis: BTC Bounces Back After Monday’s Selloff

Following Monday’s selloff, cryptocurrency markets mostly rebounded across the board, with bitcoin and ethereum prices rallying by as much as 10%. Overall the global crypto market cap was over 6% higher from yesterday’s session. Bitcoin Bitcoin, which fell to an intraday low of $33,184.06 during yesterday’s session, was up close to 9% as of writing, […]

Go to Source

Powered by WPeMatico

Technical Analysis: Cosmos Climbs Higher, While Solana’s Fall Continues

After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost 10% to start the week. […]

Go to Source

Powered by WPeMatico

Crypto Economy Hovers Below $3T: Analyst Says First Bear Marker ‘Would Be a Capitalization Drop Under $2.38T’

Crypto Economy Hovers Below $3T: Analyst Says First Bear Marker 'Would Be a Capitalization Drop Under $2.38T'The crypto asset economy has been down in value over the last week as a great number of digital currencies shed significant amounts. The entire crypto-economy is down under the $3 trillion mark, hovering around $2.7 trillion across 10,970 cryptocurrencies. Bitcoin dominance is just above the 40% region while ethereum’s market commands 18.4% of the […]

Go to Source

Powered by WPeMatico

Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars

Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind BarsRoss Ulbricht, serving life without parole for allegedly running the Silk Road marketplace, hasn’t allowed his detention to deprive him from monitoring bitcoin’s price action. In a new blog series titled Bitcoin by Ross, Ulbricht reveals that he is closely attuned to BTC’s price movements, and shares some suggestions as to where the market might […]

The post Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Markets Update: Bears Claw Billions Off Digital Currency Valuations

Markets Update: Bears Claw Billions Off Digital Currency ValuationsCryptocurrencies tumbled once again today in value as a great majority of digital assets are seeing losses this Saturday. Since our last markets update the entire digital currency economy shaved another $15 billion off the market capitalizations of all 1,600+ cryptocurrencies. Alongside the dreary prices, trade volumes have also been lackluster, leading many individuals to […]

The post Markets Update: Bears Claw Billions Off Digital Currency Valuations appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Markets Update: Crypto-Prices Drop a Leg Down as Bulls Lose Momentum

Markets Update: Crypto-Prices Drop a Leg Down as Bulls Lose MomentumDigital asset markets have failed to surpass heavy resistance over the weekend, and during the early morning trading sessions on Tuesday, July 10, as well. The top cryptocurrencies have slid in value once again as Bitcoin Core (BTC) has tumbled to $6,377 after touching the $6,830 region. Meanwhile, Bitcoin Cash (BCH) prices hovered around $785 […]

The post Markets Update: Crypto-Prices Drop a Leg Down as Bulls Lose Momentum appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Markets Update: Cryptocurrency Prices Rebound During the First Week of July

Markets Update: Cryptocurrency Prices Rebound During the First Week of JulyCryptocurrency markets are doing better this week since our last markets update as the entire digital asset economy is now valued at around $270.4Bn. Most digital currencies are up between 7-25 percent over the last seven days and trade volumes have picked up over the last week as well. The trend reversal has given enthusiasts […]

The post Markets Update: Cryptocurrency Prices Rebound During the First Week of July appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Markets Update: Digital Currency Market Bulls Push Back After Decline

Markets Update: Digital Currency Market Bulls Push Back After DeclineCryptocurrency prices are making some headway today after suffering from a bearish onslaught last week. Since our last markets update the digital asset economy has gained $26 billion over the last five days. The price of bitcoin cash (BCH) touched a high of $1,160 earlier today but now hovers around $1,140 per BCH. Bitcoin core […]

The post Markets Update: Digital Currency Market Bulls Push Back After Decline appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico