After tapping a 10-day high yesterday, bitcoin has lost some momentum but still trades around $27,000. Most altcoins are also with minor losses today, aside from LINK, which has pumped once again and now sits above $8. BTC Uncertain $27K Last weekend was highly uneventful for the primary cryptocurrency, which had recovered some of the Thursday losses and stood mostly at $26,600. Monday was different, though, as the asset fell hard and dipped below $26,000. Nevertheless, the...
Read More »Bitcoin Flirts With $27K as Ripple (XRP) Shocks With Unexpected Volatility: This Week’s Crypto Recap
The past seven days were relatively eventful within the cryptocurrency market, especially compared to the previous periods. Almost all of the coins are trading in the green, while the total market capitalization sits at around $1.120 trillion. Bitcoin’s price is currently trading at around 1.1% more compared to where it was this time last week. Clearly, that’s not much of an excitement, isn’t it? Well, the cryptocurrency did have its ups and downs and it seems that we’re...
Read More »Chainlink (LINK) Defies Market Sentiment, Bitcoin (BTC) Stalls at $26.5K (Weekend Watch)
Bitcoin failed to reclaim the $27,000 level yesterday and has stalled at around $26,500 as of now. The altcoins are in no better shape, with minor losses coming from most larger-cap ones. Chainlink is the only one with a notable price increase. BTC Back at $26.5K Last week was expectedly less volatile, aside from a brief spike on Saturday that pushed bitcoin to a then-multi-day peak of $26,400. After failing to continue upwards, BTC retraced to $26,000 and spent the rest of...
Read More »Bitcoin Failed at $27K but There’s a Surprising Winner This Week (Market Update)
Bitcoin’s price increased by a little less than 1% in the past seven days. The week was, overall, positive for the industry as the total market capitalization approaches the $1.1 trillion cap. The biggest news of the week is undoubtedly the US FOMC meeting that happened on Wednesday. According to the official announcement, the central bank took the decision to maintain the target range for the federal fund rate at 5-1/4 to 5/12 percent. The statement also noted that job gains...
Read More »Bitcoin Preparing a Charge at $27K While Altcoins Mostly Flat (Market Watch)
The cryptocurrency market has remained mostly flat for the past 24 hours, and Bitcoin has been unable to make a move throughout the period. However, this might as well be a stepping stone and a preparation for an attempt at $27K. Most of the altcoins have remained flat with certain exceptions, so let’s dive in. Bitcoin Preparing for $27K? Bitcoin’s price has failed to produce anything of substance throughout the past 24 hours and remains largely situated around where it was...
Read More »Bitcoin Struggles Below $26K but These Alts Have it Worse (Weekend Watch)
Bitcoin’s price performance continues in a sluggish fashion, with the asset failing to produce any significant moves in either direction. Several alternative coins have dropped hard over the past day, with SOL leading the adverse charts. BTC Boring Below $26K September has not been the most exciting month in terms of price performance for BTC, at least for now. The asset started the month with a crash to an 11-week low of $25,350, which followed the surge past $28,000 after...
Read More »Bitcoin (BTC) Loses $26K Again, Stellar (XLM) Defies Market Sentiment: Weekend Watch
Bitcoin spiked to a multi-day high above $26,400 yesterday, but that was short-lived, and the asset has returned to a familiar sight at under $26,000. The altcoins are also slightly in the red today, with BNB, ADA, and SOL retracing by over 1%. BTC Fails at $26K Bitcoin’s price performance has been anything but impressive for the past 10 days or so, ever since it shot up by $2,000 and then dumped by almost $3,000 days later after Grayscale’s win over the SEC. The subsequent...
Read More »Bitcoin in Search of Direction, Crypto Market Paralyzed This Week: Your Crypto Recap
The market has been relatively calm throughout the past seven days, and it failed to deliver any substantial increase (or decrease) in most of the cryptocurrencies, including Bitcoin. Starting with the BTC price, it’s more or less where it was this time last week – slightly below $26,000. To be fair, the cryptocurrency is down around 0.8% over the past seven days, and it wasn’t for the past day, the week looked as if it never happened. The price hovered around $26K in search...
Read More »Bitcoin Price Stabilizes at $26K, These Alts Have Soared the Most Weekly (Market Watch)
After several days of enhanced volatility, including a pump and dump for over $2,500 in each direction, BTC has finally calmed on a daily scale and stands close to its familiar ground of around $26,000. Most altcoins are also a lot less volatile now, with UNI being among the few with substantial increases over the past day. BTC Calms at $26K Several weeks of mostly sideways trading came to an abrupt halt on Tuesday when Grayscale recorded a massive court victory over the SEC...
Read More »Bitcoin Slipped to 11-Week Low, TONCOIN Defies the Odds With Massive Surge (Weekend Watch)
Bitcoin’s price performance continues to be somewhat surprising given the positive news that came from Grayscale’s court victory over the SEC earlier this week, and the asset fell to a new multi-month low. The altcoins also fell in the past 24 hours once again, except for TONCOIN, which is in a league of its own. BTC’s Latest Drop CryptoPotato reported the positive developments in the crypto market earlier this week when a US judge ruled in favor of Grayscale in its lawsuit...
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