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Tag Archives: LINKBTC

Market Watch: Altcoins On Fire As Bitcoin Dominance Taps Yearly Lows

Following the wild weekend ride in the cryptocurrency market, the situation appears less volatile now, at least among most large-cap assets. Bitcoin has returned to $11,200, while Ethereum hovers above $380. Some lower-cap altcoins, however, are displaying high fluctuations again.A Breath Of Stability For BitcoinThe weekend was nothing short than volatile for the primary cryptocurrency. On Saturday, Bitcoin went on a bull run and marked a new yearly high of above $11,700. Although it retraced...

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Weekend Ride: Bitcoin Plunged $1500 In Minutes, After Recording Fresh 2020 High

The cryptocurrency market went through a Sunday morning roller-coster with some intense moves charted. Bitcoin marked a new yearly high of above $12,000 before tanking in a matter of minutes to $10,490 (on Binance). Similar developments followed most altcoins, but the market appears to have calmed now.Bitcoin’s New 2020 Top And DropAugust doesn’t look anything like July for the primary cryptocurrency so far. While July began with slow and dull price movements, Bitcoin has taken August for a...

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Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance...

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Bitcoin Stable At $11K – Altcoins In Green: The Calm Before The Strorm?

Bitcoin has remained calm in the past 24 hours, with minor gains towards $11,100. Unlike the primary currency, the altcoin market has seen impressive gains, including yesterday’s birthday project – Ethereum and Chainlink.Although the US economy suffered its worst quarter since the Second World War in terms of GDP results, Wall Street is breaking records, especially in the technology field.Bitcoin: Back to Stability?The primary cryptocurrency remained relatively stable in the past 24 hours....

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Altcoin’s Black Monday: Double-Digits Drops As Bitcoin Lifts Its Head

Alternative cryptocurrencies felt today’s pressure as Bitcoin finally poked its head. The major cryptocurrency is on the rise today, and as it’s almost always the case, this took its toll on altcoins. Bitcoin managed to regain almost 1.5% of its market dominance over the past 24 hours alone, leaving other cryptocurrencies in despair. Altcoins Down Double-Digits One of the most precise metric to keep an eye on to determine the current state of the market is Bitcoin’s dominance. It measures...

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Altcoins Take a Beating As Bitcoin Spikes Above $10,000

Bitcoin started gaining momentum yesterday and saw its price increase above the coveted $10,000 mark. At the same time, gold continued its recent surge by marking a fresh all-time high. Some altcoins retraced heavily in the past 24 hours, helping Bitcoin’s dominance reclaim some lost ground. Bitcoin Stands Above $10k After weeks of trading within a confined range between $9,000 and $9,300, Bitcoin has finally woken up. The past couple of days are particularly action-packed. Yesterday, in a...

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Chainlink Price Analysis: LINK Follows ETH’s Surge With Another Shot at $8

Link resumed its bullish trend after breaking above a crucial resistance line.Buyers may continue the trend if the price increases above the current monthly high.LINK/USD: Link Starts Fresh Increase From $7Key Resistance Levels: $8.2, $8.6, $8.9Key Support Levels: $7.6, $7.3, $7Last week, Chainlink almost hit $9 after breaking above a four-month high with over 90% gain in two weeks. But unfortunately for the bulls, the price got rejected with a weekly correction to near $7 – where it bounced...

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Chainlink Price Analysis: LINK Marines Hold Strong Support At $7.10 But Can They Push Higher?

Chainlink’s price decreased by 7% overnight.It may resume the uptrend if the previous monthly breakout level can hold as support.LINK/USD: Price Holding Above $7.1Key Resistance Levels: $7.83, $8.2, $8.9Key Support Levels: $7.11, $6.86, $5.7LINK/USD. Source: TradingViewEarlier this month, Chainlink saw an impressive 95% surge to reach $8.9 on July 16 after finally claiming the crucial $5 resistance-turned-support level that suppressed bullish actions in the weeks before. Today, however, LINK...

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Market Watch: Stagnant Bitcoin Despite Silver and Gold Price Surge

Although the altcoin market remains highly volatile, most price movements in the past 24 hours have been sharp retraces with a few exceptions.Bitcoin, on the other hand, remains stable and hasn’t left its familiar trading territory of about $9,150-$9,200. In the traditional financial markets, the three largest US indexes are in the green as Nasdaq even tops a new all-time high.ATH For Nasdaq, Bitcoin Metric Suggests A Price DiveMore speculations and promises for a new coronavirus vaccine...

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5 Promising Cryptocurrencies Besides Bitcoin That Can Break Their All-Time High In 2020

While Bitcoin remains relatively calm in its comfort price territory, lots of alternative coins have been fluctuating significantly. Decentralized finance (DeFi) and some prominent developments from several projects initiated serious price increases for various altcoins, and given the decrease in Bitcoin’s dominance, a new altcoin season booms.Chainlink (LINK) continues to impress with its performance, marking new all-time high records one after the other. With that in mind, let’s have a look...

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