BitcoinAfter a substantial 44% price surge this week, Bitcoin continued to set new ATH prices today at $42,000. The cryptocurrency started the year off underneath the $30,000 level after a strong performance in December 2020.From there, it broke $30,000 last Saturday as it continued to push higher. On Monday, there was a brief spike lower toward $28,000, but this was quickly bought up as traders closed that daily candle above $32,000.Throughout the rest of the week, BTC continued to set new...
Read More »Bitcoin’s Dominance Grows To 70% Following Massive Volatility Around $40K (Market Watch)
Bitcoin’s highly volatile price performance continued in the past 24 hours after breaking above $40,000 to a new all-time high and a subsequent massive drop beneath $37,000. Most alternative coins have retraced following the latest rally and have increased BTC’s dominance to about 70%.Bitcoin Falls After The $40K ATHApart from a brief dip beneath $29,000 on Monday, the primary cryptocurrency has been on a roll since the start of the year. Bitcoin bounced off immediately from the drop,...
Read More »Market Watch: Bitcoin Dominance Eyes 70% As Total Market Cap Inches From $1 Trillion
As bitcoin jumped to a fresh all-time high of nearly $36,000 earlier today, most alternative coins have followed suit. Consequently, the total market cap has reached another ATH and has neared $1 trillion, while BTC’s dominance eyes 70% once again.Exploding Alts Lead To ATH In The Market CapJust a few days ago, the cryptocurrency market plummeted in value with massive double-digit price drops from most alternative coins. However, the situation has changed completely 48 hours later.Ethereum...
Read More »Chainlink Price Analysis: LINK Eyes $15 Following a 30% Weekly Surge
LINK/USD – LINK Finally Breaks December ResistanceKey Support Levels: $14.30, $13.50, $13.Key Resistance Levels: $15, $15.66, $16.73.LINK pretty much traded sideways throughout December. Our previous LINK analysis stated that it must break either $14.30 or $11.50 to dictate the next direction. Although it briefly penetrated below $11.50 toward the end of December, it never closed a daily candle beneath $11.In January 2021, LINK started to push higher from $11 as it increased by a total of 33%...
Read More »More Than $100 Million Stolen From DeFi Projects in 2020
2020 has been an interesting year, to say the least. The cryptocurrency field, in general, witnessed tremendous growth.The total market cap surged from $340 billion in January to a new record of over $800 billion at the time of this writing, more than doubling its value.The growth in decentralized finance (DeFi), however, is even more substantial. Data shows that there’s currently more than $15 billion total value locked in DeFi protocols – an increase upwards of 2500% since March.With the...
Read More »Happy 12th Birthday: BTC Heading to $35,000 As ETH Crosses $800
Bitcoin celebrates its 12th birthday by breaking down another milestone at $34,000 and yet another all-time high of $34,800. As some alternative coins have followed BTC’s move upwards, including ETH surpassing the $800 level, the total market cap has also reached a new record.Bitcoin’s Latest ATH Eyes $35KIf the ending of 2020 seemed impressive with several consecutive all-time highs, bitcoin’s new year so far is kicking it out of the park. The primary cryptocurrency has broken down barriers...
Read More »Bitcoin Price Inches Away From $30,000: Records 700% ROI Since March Low
After a brief dip beneath $29K, BTC surged another leg to a fresh all-time high and came just a step away from the coveted $30,000 price tag. Most alternative coins have failed to follow bitcoin’s moves, and BTC’s dominance over the market has increased to 71%.Bitcoin records an unbelievable ROI of approximately 700% since the 2020 low recorded on the 13 of March – the Black Thursday. On that date, Bitcoin plunged to $3650 on BitMEX. However, since then, the primary cryptocurrency sees only...
Read More »New Year Same Habits: Bitcoin Marks A New ATH To Start 2021
Bitcoin ended the challenging 2020 on a high note and entered the new year with a fresh all-time high at $29,550. Polkadot has mimicked BTC’s achievement with another all-time high, while Ripple has recovered some of the recent losses.Bitcoin Welcomed 2021 With A New ATHIt’s safe to say that bitcoin has been on a roll in the past several days. After recovering from the brief dips below $26,000, BTC went on a tear, resulting in breaking above $29,000 and painting a new all-time high at $29,300...
Read More »Last Market Watch of 2020: Bitcoin Price Eyes $30K, Polkadot (DOT) Breaks ATH
Despite retracing with over $1,000 after the latest all-time high, BTC has surged back up and reclaimed the $29,000 level. Some altcoins have expanded in value – Polkadot’s DOT has marked a new all-time high.Bitcoin’s Latest ATH Above $29KAfter a few days of relative stagnation around the $28,000 level, the primary cryptocurrency returned to its Q4 2020 bull run.CryptoPotato reported yesterday that BTC charted two consecutive all-time highs in a day. The asset firstly reached $28,570 before...
Read More »Altcoins Time? ETH Soars 15% As Bitcoin Dominance Drops Below 70% (Market Watch)
After another highly volatile weekend trading day consisting of a new all-time high above $28,000 and a massive rejection, including a drop below $26K, BTC has calmed and as of now trading safely around $27,000.Most altcoins have finally joined the party with some impressive double-digit gains, including Ethereum breaking north of $700, recording a current daily high at nearly $740, which is the highest of 2020.Bitcoin’s New ATH And Subsequent RejectionThe primary cryptocurrency continued...
Read More »