Bitcoin slides –1.15% and other cryptocurrencies are also weaker Monday due to negative sentiment for risk-sensitive assets that continued to deteriorate in the wake of Friday’s US jobs data. Crypto holders seem to be prepared for more volatility this week with key inflation data on the economic docket. Bitcoin is …
Read More »Bitcoin slides on NFP data
The crypto market settled in the red territory on Friday, with Bitcoin heading the downtrend of the $20,000 mark again as analysts eye further rate hikes in light of the strong NFP data.October is usually a positive season for Bitcoin’s price movements, however, as the first full week of the …
Read More »Bitcoin surges above $20000
Bitcoin surged on Tuesday and is seen climbing above $20,000 for the first time in three weeks. The most famous cryptocurrency settled below the milestone threshold by Tuesday early afternoon.At the same time, bitcoin’s returns are tracking increasingly to gold and its 30-day performance now sits a highs not seen …
Read More »What Could Bitcoin Expect In Q4?
Bitcoin price has developed a stronger deviation and so is hinting at more upside. Despite the optimistic technical considerations, investors actually expect volatile swings coinciding with the end of the third quarter of 2022. Bitcoin price is trading above two crucial levels, suggesting a stable position. Combining this anticipation with …
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 »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 …
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