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BTC Is Doing Well, but Not as Well as Leading Altcoins

Bitcoin, at the time of writing, is trading for just shy of $24,000 per unit. The world’s most popular and most powerful digital currency is making its way up the financial ladder like it never has before, but despite the mega surges the cryptocurrency has encountered, they are nothing compared with the monster jumps being experienced by some of the world’s smaller, yet leading altcoins, some of which include Ethereum, Stellar, Ripple’s XRP and Litecoin.Altcoins Are Taking the StageRight now,...

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Bitcoin on Track to Close Year High as Number of Active Addresses Doubles in 2020

Coin Metrics noted that the number of active Bitcoin addresses with at least 0.01 BTC did not just grow by more than 700,000 this year, it also showed a chart that the number of active addresses has topped 1.1 million.Bitcoin according to Coin Metrics is on track to close the year on a bullish note as the coin has experienced massive growth as evidenced by the surge in the number of its active addresses. Bitcoin is almost turning into a household name as the first-ever digital currency ranks...

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Bitcoin Dominance Spikes To 7-Month High As BTC Pokes $24K: Altcoin Season Postponed

Those who were looking forward to an altcoin season would certainly have to wait longer as Bitcoin’s dominance continues to surge. Meanwhile, the majority of cryptocurrencies are bleeding heavily against BTC.Bitcoin Tops $24,000 in a Massively Volatile DayThe volatility on the cryptocurrency market continues as most coins see tumultuous performance throughout the past few days.Bitcoin is no exception. Today’s candle is indicative of it. The price reached a low of around $22,800 on Bitstamp,...

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Tron (TRX) Price Analysis: Key Support Nearby, Fresh Increase Likely

Tron price is approaching the main $0.0275 support zone against the US Dollar.TRX price is now trading with below the 55 simple moving average (4-hours), with a bearish angle.There was a break below a major bullish trend line with support near $0.0305 on the 4-hours chart (data feed via Bitfinex).The pair could start a fresh increase as long as the price is above the $0.0275 support.TRON price is moving lower and approaching the key $0.0275 support against the US Dollar, while bitcoin is well...

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Market Watch: Ripple (XRP) Crashes 20% and Loses The 3rd Spot to Tether

A few days after the price dip beneath $22,000, bitcoin has recovered most losses and even took another swing at $24,000 earlier today. Most altcoins have remained relatively steady, apart from XRP. The recently announced charges from the SEC have plummeted the token’s value.Bitcoin Eyes $24KBitcoin has been on a wild ride in the past several days. It began by painting a new all-time high of about $24,300, but the subsequent rejection drove the asset down by more than $2,000 in hours.BTC...

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The Spotlight’s On Bitcoin, but Most Assets Are in the Green Right Now

Everyone sure keeps talking about bitcoin as of late. The currency has reached a new all-time high of roughly $23,000 per unit, and while the asset is doing extremely well, we cannot forget about the smaller altcoins that share the crypto limelight with bitcoin. We’re talking, of course, about currencies such as Ripple’s XRP and Ethereum.Bitcoin Is Doing Well, but So Is Everything ElseEthereum is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the...

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Ethereum Preiskorrektur bevorstehend

Der ETH blieb im aktuellen Bullenmarkt hinter dem BTC weit zurück. Dies war aber weniger einer Ethereum-Schwäche geschuldet, sondern vielmehr dem großen Durchbruch des Bitcoin – der ETH performt immer noch gut und legte in dieser Woche ungefähr 5 Prozent zu. Allerdings droht nun eine kurzfristige Korrektur des Preises. Ethereum News: Ethereum Preiskorrektur bevorstehendWie stark diese Korrektur ausfallen könnte, hängt jedoch vor allem mit dem BTC zusammen. Die letzten Wochen haben wieder...

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Cardano (ADA) Price Analysis: More Downsides Possible Unless It Breaks $0.16

ADA price started a decline increase after forming a top near the $0.1760 zone the against the US Dollar.The price is now trading below the $0.1600 level and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $0.1640 on the 4-hours chart (data feed via Kraken).The price could resume its decline unless there is a clear break above $0.1600 and $0.1620.Cardano price is back below the $0.1600 support against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Likely To Extend Losses Below $600

Ethereum price started a fresh decline from the $670 resistance zone against the US Dollar.ETH price is currently trading below the $628 support and the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $627 on the 4-hours chart (data feed from Coinbase).The pair is consolidating losses above $600, but there are chances of more downsides in the near term.Ethereum price is slowly gaining bearish momentum below $628 against the US Dollar....

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Market Watch: Bitcoin’s Recovery Fragile as $40 Billion Wiped Off Market in 24 Hours

Bitcoin’s rollercoaster continued in the past 24 hours with a massive $2,000 dump and the subsequent recovery attempt. Most altcoins are covered in red, and the market capitalization has lost $40 billion in a day.Bitcoin’s Wild Ride ContinuesAfter a relatively bullish weekend in which BTC gained some value, the primary cryptocurrency seemed primed for further increases. Initially, bitcoin indeed headed north, resulting in a fresh all-time high of $24,300 (on Bitstamp).However, the bears...

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