Bitcoin has calmed once again over the $46,000 mark, while some altcoins have reduced its dominance over the market with impressive gains. Terra is among those as LUNA soared by almost 10% in a day and charted a new all-time high at close to $120. Terra’s Latest ATH Most altcoins experienced enhanced volatility a couple of days ago, went back on the offensive yesterday, and have stalled today. Ethereum, for example, dipped to $3,300 before it shot up to just over $3,500...
Read More »Crypto Market Cap Reclaims $2 Trillion as Bitcoin Touched $45K (Weekend Watch)
Bitcoin kept climbing yesterday and registered a new three-week high at just over $45,000. On a daily scale, though, most alternative coins have lost some traction, but the crypto market cap has reclaimed the coveted $2 trillion mark. Bitcoin Touched $45K Bitcoin’s price trajectory in the past several days has been predominately upward. The asset scared the bulls on Monday that it could dip below $40,000 for the first time in a week, but they regained control over the market...
Read More »Crypto Markets Add $80B in a Day as Bitcoin Touched $42K (Weekend Watch)
After dipping to $40,000 yesterday, bitcoin went on the offensive and tapped $42,000 to mark a near 10-day high. The altcoins have also turned green today, with Ethereum eyeing $3,000 and Avalanche soaring by over 9%. Bitcoin Sees a 9-Day High The primary cryptocurrency experienced enhanced volatility last week when it suddenly pumped by $3,000 in minutes from $39,000 to nearly $42,000. However, the situation reversed shortly after, and the asset retraced just as quickly to...
Read More »Bitcoin Dumps Below $40K: Lost $6K in 3 Days (Weekend Watch)
The adverse price developments in the crypto market continued, with bitcoin dropping below $40,000. Most altcoins are deep in the red as well, with Terra losing 7% and BNB dropping to $380. Bitcoin Lost $6K in 3 Days The ongoing war between Russia and Ukraine harmed all financial markets upon its start, but bitcoin managed to recover all losses immediately when the West refused to get directly involved. It kept climbing, reclaimed $40,000, and even soared to a three-week high...
Read More »Market Watch: Bitcoin Plummets to a 2-Week Low at $38K
Bitcoin’s troubles only intensified in the past 24 hours as the asset dropped by a few thousand dollars again to a 16-day low of $38,000. The altcoins are deep in the red as well, with Ethereum at $2,600, Cardano well below $1, and AVAX beneath $80. Bitcoin Dumps Again It’s safe to say that bitcoin has seen better days which weren’t all that long ago. Just on Tuesday and Wednesday, the cryptocurrency recovered from its latest dump to $42,000 and jumped to nearly $45,000....
Read More »Bloody Weekend Watch: BTC Fights for $40K, ETH Dumps Below $2.8K
The bears continue to put pressure on the crypto market as bitcoin dropped below $40,000 for the first time in two weeks. The altcoins are also deep in red once again, with Ethereum sliding beneath $2,800 and massive price drops from Solana, Avalanche, MATIC, and others. Bitcoin Struggles Around $40K It was just three days ago when the landscape around the largest cryptocurrency seemed significantly more bullish. The asset had recovered from its latest dips to $42,000 and...
Read More »Weekend Watch: Axie Infinity (AXS) Explodes 17%, Bitcoin Maintains $41K
After surging above $41,000, bitcoin has maintained its momentum and has remained above that level. The altcoins, which marked significant gains yesterday, have stalled now. Axie Infinity is among the few exceptions after a massive double-digit surge. Bitcoin Maintains $41K It was just a few days ago when the largest cryptocurrency struggled to remain above $37,000 and dipped below that level on a few occasions. The bulls attempted to push it north, which resulted in trading...
Read More »Crypto Markets Add $170 Billion in a Day as Bitcoin Explodes Above $41K (Weekend Watch)
After more than two weeks of trading below $40,000, bitcoin finally made a decisive move to reclaim that coveted level. The entire crypto market followed suit with massive daily price increases from Ethereum, Binance Coin, Cardano, Sollana, Polkadot, and many others. Bitcoin Surged $4K It was on January 20th and 21st when the primary cryptocurrency slumped below $40,000 for the first time in months. In the following few weeks, the asset failed to recover most of the losses...
Read More »Market Watch: LINK and AXS Explode 10%, Bitcoin Maintains $38K
Bitcoin tried to take down $39,000 but was stopped and dropped to its current level of around $38,000. Most altcoins are slightly less fluctuating today, with Ethereum standing at $2,600. Chainlink and Axie Infinity are among the best performers. Bitcoin Stands Still at $38K It was just a few days ago when the primary cryptocurrency dropped two consecutive times to $35,500 after failing to overcome $36,000. However, the bulls stepped up at this point and pushed the asset...
Read More »Weekend Watch: Crypto Recovery – Bitcoin Eyes $38K, SOL Spikes 8%
Bitcoin’s recovery attempts continue with the asset aiming to overcome $38,000. Most alternative coins have produced even more significant gains since yesterday. Ethereum is up by 7%, while Solana has jumped by 8%. Bitcoin Eyes $38K Ever since bitcoin failed to breach $39,000 on Wednesday, as the Federal Reserve said it will increase the interest rates in March, the asset was unable to display any notable gains. In fact, it dropped to $35,500 hours after the Fed meeting and...
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