Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels. Go to Source
The crypto economy experienced a 5.6% boost over the past 24 hours, reaching $2.07 trillion by Thursday. Bitcoin has soared past the $59,800 mark, while ethereum has exceeded $2,500 per coin. This rapid climb on Aug. 8 resulted in $212.59 million in derivatives liquidations across the entire crypto market within the last day. Crypto Economy … Read more
The largest cryptocurrency exchange by trading volume, Binance, is set to introduce toncoin (TON) trading pairs on Aug. 8, leading to a more than 10% increase in TON’s value against the U.S. dollar. Currently, TON is trading within a range of $5.36 to $6.41 over the past day, making it the eighth largest crypto asset … Read more
Bitcoin’s recovery bounce is losing steam, indicating that the bears remain active at higher levels. Go to Source
Global equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows. Go to Source
The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness. Go to Source
Bitcoin bulls have held the $65,000 level, but BTC and altcoin charts show it’s too early for traders to expect a short-term trend reversal. Go to Source
Bitcoin turned down from $70,000, a sign that bears are fiercely defending the overhead resistance, but the price whipsaws are having limited impact on altcoins. Go to Source
Bitcoin’s recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears. Go to Source
Bitcoin bulls are trying to protect the $65,500 level, but if they fail, a drop to $62,000 is possible. Go to Source