Crypto market update Following another unsuccessful attempt to reclaim $50,000, Bitcoin dropped down once more and even touched level of $47,500. Now it has recovered slightly at above $48,000. The altcoin space is again deep in the red, with ETH close to breaking below $4,000 and other substantial losses from Solana, Cardano, Polkadot, Terra, and…
Crypto market update Bitcoin keeps struggling with the $50,000 mark as the asset failed to breach it decisively and remains below it as of now. Most altcoins are also slightly in the red on a daily scale. The cryptocurrency market capitalization has remained relatively still at just over $2.3 trillion. Bitcoin (BTC) is now trading…
Crypto market update Bitcoin attempted another shot up in the past 24 hours but was stopped at $52,000 and retraced to just below $50,000. Most altcoins are now also dropping down and thus the whole market is back in red numbers. Crypto Fear and Greed index is now at 28, meaning just above extreme fear….
Crypto market update Following the latest price declines when BTC dumped below $50,000, the cryptocurrency finally bounced off and reclaimed that level. The alternative coins are also well in the green, with impressive increases from Ethereum, Cardano, Solana, Polkadot, Avalanche, and many more. The cryptocurrency market cap has added more than $200 billion in a…
Welcome to our weekly brief. Here you will find an overview of main events and news from last week and expected events for week 49. Fundamentals and expected events: week 49 Crypto markets: On December 4th, Bitcoin suffered its worst trading day since mid-May, as its price plunged to a two-month low of $42,000. Somewhat…
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%)….