Crypto market update Following several unsuccessful attempts to overcome $59,000, Bitcoin continues to struggle around the level of $57,000. The second-largest cryptocurrency came less than 1% away from registering a fresh all-time high just two days ago. However, it failed to conquer $4,800, and the subsequent rejection drove ETH to levels of around $4,600, where…
Crypto market update Bitcoin tested again the level of $59,000 but failed once more and dropped by several thousand dollars. Most altcoins followed the leader and are now slightly in red numbers. Total marketcap is now again well below 3 trillion USD. Bitcoin (BTC) is now trading at 56,435 USD (all data from Coingecko.com) Ethereum…
Crypto market update Bitcoin just passed the level of $58,000, but it is not sure that BTC will be able to hold this level as the last attempts to conquer that level failed. At the same time, some altcoins have produced more significant gains, including ETH, which is just inches away from a new ATH….
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Crypto market update Bitcoin has another unsuccessful attempt to overcome $59,000, after which it plummeted by a few thousand dollars back to levels around $57,000. Most alts have stalled on a daily scale, aside from Shiba Inu, which has surged by double-digits following its listing on Kraken exchange. The cryptocurrency market cap is now slightly…
Welcome to our weekly brief. Here you will find an overview of main events and news from last week and expected events for week 48. Fundamentals and expected events: week 48 Crypto markets: Since last Friday, when news broke about a new variant of the COVID-19 virus, the price of the primary cryptocurrency has been…
Crypto market update Bitcoin earlier failed to break the $59,000 resistance level and fell even further down the red numbers today. Data from Coinglass shows nearly $106 million worth of Bitcoin futures were liquidated today until press time. Following Bitcoin’s plunge were other large-cap cryptos like Ethereum (-7%), XRP (-9%), Solana (-6%), and Polkadot (-7%)….
Crypto market update After another volatile 24 hours in which BTC went from $56,000 to above $58,000, the cryptocurrency has stalled again around $57,500. Most larger-cap altcoins are slightly in the red, while gaming tokens, such as MANA and SAND, have produced significant gains. Bitcoin (BTC) is now trading at 58,599 USD (all data from…
Crypto market update Bitcoin’s volatility continued in the past 24 hours, but now the asset seems to be calmed down below $57,000. Most alts are slightly in the green now, except for Cardano (-4%), Avalanche (-6%), and Shiba Inu (-7%), which have lost the most in a day. The cryptocurrency market cap is up by around…
Crypto market update Bitcoin is cointinuing with its decrease today and is currently trading around $55,900 according to CoinGecko data. The largest cryptocurrency by market value attempted to break through on Monday, crossing the $59,000 mark, but the rally was not successful and BTC fell back. Ethereum is trading also at lower levels of $4,100…
Welcome to our weekly brief. Here you will find an overview of main events and news from last week and expected events for week 47. Fundamentals and expected events: week 47 Crypto markets: Bitcoin tried to recover from last week’s decline and managed to rise to the levels in the $60,000 area. However, the cryptocurrency…
Crypto market update The adverse price development still continued on the crypto markets on Friday with Bitcoin sliding to a new monthly low of $55,700. Most alternative coins are also in the red as the entire market cap is down by another $100 billion. The crypto Fear and Greed index took a sharp turn as…