Markets

It has been two years now that Bitcoin price hit its all-time high of $20,000 in December 2017. Since then it has been a tough ride for Bitcoin investors as the world’s largest cryptocurrency lost 80% of its value in 2018.In April 2019, the crypto market along with Bitcoin revived as the BTC price surged from $3500 levels to go above $13,500. This price surge brought some renewed optimism among crypto enthusiasts. However, Bitcoin has been again moving sideways facing downward pressure since...

The cryptocurrency market went through a turbulent week, as the price of all major digital assets went on a rollercoaster. One thing, however, is making an impression and it’s the fact that Bitcoin is once again claiming the majority of the market share as its dominance spikes up notably.Bitcoin Dominance At 68.3%BTC dominance is an index that measures the relative share of Bitcoin in the entire market capitalization. At the time of this writing, it stands at 68.3%, which is an increase of...

In what seems like an unexpected resurrection, Bitcoin prices have rebounded above the psychological level of $7,000 indicating a resurgence despite waning market sentiments. Many within the crypto space had thought that this was the beginning of the end for Bitcoin prices without realizing that Bitcoin prices will rise again and also that the dip below $7,000 was temporary.This price drop, however, raised concerns among many within the cryptospace as this dip was the lowest since Bitcoin...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe liquidation of PlusToken assets could drop the BTCOnly BTC survives – CNBCOn W1, the Bitcoin dynamics are even inside the current descending channel. The quotations are aiming at the long-term minimum of $3121.90. The resistance is at $8500.00.On the MACD and the Stochastic, there is a Black Cross in the red area of the first one and a Black Cross and an escape from the overbought area on the second one. These signals...

Bitcoin price has jumped back above $7000 gaining over 7% in the last 24 hours. This price jump in Bitcoin is reportedly due to a massive spike in the Bakkt Bitcoin Futures volume. Thus, despite the Bitcoin price volatility, institutional trading for Bitcoin seems on the rise.A Twitter handle dubbed Bakkt Volume Bot has highlighted this rise.∙ Today's volume so far: 6312 BTC ($45.56 million)∙ Last traded price: $7,218∙ Trading day progress: 83%∙ Current daily Bakktarget™: 6994 BTC ($50.48...

EOS price is recovering nicely from the $2.149 monthly low against the US Dollar.The price is up around 10% and it even tested the main $2.500 resistance area.There is a crucial bearish trend line forming with resistance near $2.480 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to move into an uptrend if it settles above the $2.500 resistance area.EOS price is showing a lot of positive signs against the US Dollar, just like bitcoin. Still, the price...

Bitcoin was a down-trend road for the past two weeks, and this is no secret. Yesterday the lowest price since May 2019 was reached once again – roughly around $6500.Once it was reached, it completed a 10-days decline of $1100 or 15%. That was the right place to ask – “Is it a time for a correction,” which was the title of yesterday’s Bitcoin analysis.A few hours later, the (maybe temporary) bottom was marked once again around $6500 and once again, we saw a quick correction back above. The...

Litecoin price is recovering nicely from the monthly low of $35.85 against the US Dollar.LTC price is up around 10% and it even climbed above the $40.00 resistance area.There is a crucial bearish trend line forming with resistance near $42.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could consolidate in the short term before it revisits the $42.00 resistance area.Litecoin price is showing a few positive signs against the US Dollar, similar to bitcoin. LTC...

Thanks to Unlock’s solution Forbes can now charge a tiny fee per 7 days of ad-free reading. You can also buy 30 days of reading the website without seeing the hateful banners. Subscription is available through the MetaMask, Opera or Coinbase. The first option allows buying one week of reading for ~0.0052 ETH. If you want to buy the monthly subscription, you will have to send out ~0.02 ETH.A main feature of the offer: it appears only in the crypto dedicated Forbes section. If you read some...

After weeks of trading barely above $7,000, bitcoin (BTC) – the world’s largest and most powerful cryptocurrency by market cap – has unexpectedly fallen into the $6,000 range.Bitcoin to End the Year on a Negative Point?At press time, bitcoin is trading for just over $6,700, meaning it has fallen by anywhere between $300 and $400 over the past 48 hours. There are no valid reasons given for the sudden and dramatic fall, though one source is suggesting that Plus Token – a notorious Chinese Ponzi...