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The weekend saw the broader correction within the cryptocurrency market continue, and most projects failed to stage any sort of recovery. Bitcoin’s price is declining toward $27K and, at the time of this writing, is trading slightly above it. The past 24 hours offered no relief to altcoins as well, with most of them continuing their downfall. Let’s dive in. Bitcoin Price Struggling Around $27K The beginning of the new week has done little to help Bitcoin in its attempt to...

The cryptocurrency market took a beating throughout the past week, losing well over $100 billion in the process. This comes on the back of considerable losses across the board, with BTC’s price still unable to reclaim the $28K level. Bitcoin Price Below $28K Bitcoin managed to recover a slight 1% throughout the past 24 hours but is still down a lot over the week. Source: TradingViewThat said, the cryptocurrency is unable to reclaim the $28K, and it’s apparent that the bulls...

Bitcoin’s nosedives continued in the past 24 hours, with the cryptocurrency falling to its lowest position in April of $27,000. Most altcoins have suffered even more. Dogecoin keeps plunging hard, while APT and OKB have dumped the most from the mid-cap alts. Bitcoin’s April Low The primary cryptocurrency went on a roll on April 10 when it skyrocketed to and beyond $30,000 for the first time since last June. It went on to chart its highest price point at just over $31,000...

Last week was significantly more eventful within and outside the cryptocurrency industry, with the CPI numbers showing declining inflation rates in the States, while Ethereum underwent its most notable upgrade since the Merge. Consequently, the entire market reacted positively, with BTC spiking to $31,000 to chart a 10-month peak, while ETH skyrocketed to above $2,100 and painted its highest price point in 11 months. This week began with less volatility, but the landscape...

Bitcoin’s price drops continued in the past 24 hours, with the asset falling below $28,000 for the first time since April 9. The altcoins are also deep in the red. The total market cap has lost almost $90 billion in the past two days. BTC Slides Under $28K Bitcoin was trading sideways during the weekend, and it wasn’t until Tuesday that it finally made a move, dropping by a grand to $29,100. However, the bulls quickly intercepted the move and pushed the asset north, which...

With the lower trading volumes during the weekend, bitcoin has stalled around $30,000 but still remains above that level. Most altcoins are also sitting quietly, with ETH standing at $2,100. INJ, however, has skyrocketed on a weekly basis. BTC Stalls at $30K The past week was quite eventful for the primary cryptocurrency, despite its sluggish start. BTC remained at $28,000 on Monday, similar to the previous weekend, but the landscape started to change as the day progressed....

After the recent price pumps and new multi-month highs, bitcoin has lost some traction but still remains north of $30,000. Most altcoins are also slightly in the red today, with ETH sliding beneath $2,100. OKB, on the other hand, has exploded by double digits and neared its previous ATH. Bitcoin Maintains $30K The working week began with little-to-no movements, similar to the previous weekend, and BTC was stuck around $28,000. However, that all changed as Monday came to an...

This week saw the total cryptocurrency market capitalization soar above $1.3 trillion on the back of major increases from many coins. The sentiment has also improved considerably across the board. Bitcoin’s price managed to top the coveted $30K level – a point that we haven’t seen in 10 months. The week started relatively quiet as everyone was expecting the release of the Consumer Price Index. It’s largely used to gauge inflation in the US. Before its release, however, things...

Ether prices have kept pace with the crypto market rally this year. ETH posted big gains in January during the relief rally, then again from early March until now. The world’s second most valuable cryptocurrency by market cap traded at a spot price of $1,429 on Mar 10. By April 13th, the day the Shanghai Upgrade took place, Ether was trading for $2,000. That’s a stout 36% increase in a month’s time. Here are some important factors affecting the Ethereum price for the...

The number of countries approving different types of bitcoin futures trading continues to increase, with the UK being the latest example. The London Stock Exchange Group has tapped Global Futures Options to start offering the nation’s first regulated trading clearing in bitcoin index futures and options derivatives. Although the exact date of the product launch is unclear yet, both parties’ expectations indicate that the product will see the light of day during the last...