Bitcoin price is attempting to recapture $20,000 as support failed, the most famous cryptocurrency is trading at $19,045, namely below $19,100 but data still reveals some positive news. Earlier on Tuesday, markets briefly flashed green as equity markets bounced back from Monday’s pullback, bringing the Bitcoin price back to the …
Read More »Bitcoin and Ethereum Jump 6% as Market Reaches $1 Trillion
Cryptocurrency markets witnessed a sudden upward movement in the early hours of Tuesday as the price of Bitcoin (BTC) again reclaimed the $20,000 level. The leading cryptocurrency, which traded below $19,000 on Monday, is up 6.4% over the past day, and is currently trading at a 10-day high of $20,199, …
Read More »Bitcoin retreats to lowest level in 3 months
On Monday, Bitcoin dropped by some 5% to an intraday low of $18,276, reaching its lowest level since June 2019. It was last down 2.9% at $19,091.00. Bitcoin is down 7.2% in the current month and on pace for the second straight negative month after plunging 15% in August.Ether also …
Read More »Bitcoin, Ethereum prices drop after monumental Merge
Uncertainty prevails Bitcoin price action as Ethereum trends downward despite the successful Merge as Bitcoin price trades below $20K, while Ethereum price drops 8%. The most famous cryptocurrency in the world is spending a second day threatening $20,000 support on September 15 as markets celebrate the Ethereum’s Merge.The largest cryptocurrency …
Read More »Happy Merge Fails to trigger Ethereum Rally to $2,000.
As of Thursday, September 15, Ethereum has finally become a “proof-of-stake protocol” following the much-awaited Merge.Ethereum price may reverse the trend to the upside if support at $1,500 stays intact. Ethereum price is fighting to find footing after slipping below $1,600. The last few days have seen the newest proof-of-stake …
Read More »How will Bitcoin React to Ether Merge?
The blockchain behind Ethereum will attempt to do what no major blockchain has ever done, with plans to switch consensus mechanisms and protocols from proof-of-work to proof-of-stake. One of the biggest questions on the market now is: What impact will this transition have on the dominant cryptocurrency, bitcoin?According to some …
Read More »Cryptocurrencies experience another mixed day
It was a mixed day as far as price action goes across the cryptocurrency market on Wednesday as traders continued to digest the previous day’s pullback following a hotter than expected inflation figure which sent global financial markets tumbling. Bitcoin bulls defended the psychologically significant support at $20,000 throughout early …
Read More »Ether’s gains outperform bitcoin ahead of CPI data
The advance of Ethereum’s coincides with less than three days away from the eyed Merge transition ahead of the US inflation data for August that is also awaited by traders and investors.Currently trading down more than 3% on the day at $1,728 per coin, Ether outperformed bitcoin in August yet …
Read More »Bitcoin, Ether Rebound on tech rally, weaker dollar
The crypto market significantly surged amid the stock market’s rally and slight decline of the US dollar, which has been rising sharply in recent weeks. Bitcoin and Ethereum’s rebound led a broader cryptocurrency advance. Bitcoin mining stocks, Bitcoin ETFs and companies heavily invested in crypto also rallied.In Friday afternoon trading, …
Read More »Could Ethereum’s Merge Disrupt Crypto Trading?
Crypto markets that are linked to Ethereum could face disruption as the blockchain network behind the cryptocurrency nears the end of a key upgrade that is widely viewed as critical.The final stage of Ethereum’s merge is now about a week away. Expected to finish around September 15. The merge will …
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