Tag Archives: Market Updates

The cryptocurrency market is going through hard times. It’s been a complete disaster for the past seven days, and the worst took place today. Bitcoin’s price plummeted by a whopping 7.6% in the past 24 hours alone, bringing its total losses to above 11% for the week. The crash also led to a massive wave of liquidations worth over $1 billion in terms of leveraged positions. The volatility wiped off both short and long open interest, and the market is left crumbling. BTC is far...

Bitcoin continues to trade sideways, and the past 24 hours didn’t bring any deviation from the tight range between $29,000 and $29,500. Most altcoins are also quiet on Sunday, similar to how they performed on Saturday, except for RUNE and TON. BTC Boring at $29K The past few weeks went in a rather uneventful fashion for the typically more volatile crypto asset. This past Monday saw some movements as BTC dipped below $29,000 to mark a weekly low. However, it went on the...

Bitcoin’s price performance continues to be rather underwhelming, with the asset remaining at essentially the same spot as yesterday at just over $29,000. Most altcoins are also quite stagnant today, with little-to-no movements from ETH, BNB, XRP, and others. Shiba Inu is the only exception from the larger caps. SHIB, APE, PEPE on the Rise Shiba Inu’s largest digital asset – SHIB – has been among the best performers lately, gaining double digits in the past week, as...

After several weeks of sideways trading and failing to register any significant price movements in either direction, these past seven days provided more volatility that resulted in both multi-day lows and highs for BTC. It all started on Monday when the primary cryptocurrency dumped by several hundred dollars after the quiet weekend to a weekly low of $28,700. However, the bulls intercepted the move and pushed the asset north. In fact, what followed was among the most notable...

It’s the weekend, and, let’s be honest – nobody is expecting a lot of action. And while there are some weekends that defy this sentiment… this one is not among them. In fact, the vast majority of the major cryptocurrencies have failed to move, charting incredibly insignificant differences in their price compared to 24 hours ago. Let’s take a look. Bitcoin Getting Squeezed at $29K Bitcoin’s price has been tremendously calm throughout the past week, and it’s been trading around...

Another day – another failure for Bitcoin to break away from its current range around $29,000. The primary cryptocurrency’s volatility has fallen to historic lows and the rest of the market doesn’t seem too exciting either. But there’s one barking exception. Bitcoin Stagnates at $29K They say there’s never a dull moment in crypto, but if you’re mostly following the performance of large-cap coins throughout the past week, you can probably see that this can be a bit of an...

To say that the price action within the cryptocurrency market this week was underwhelming would be the understatement of the year. Most of the top altcoins are charting losses as Bitcoin’s price remains completely flat for the past seven days. In fact, Bitcoin’s volatility has been so insignificant that on a 10-day average, it’s about to become less than that of stocks and even gold. That’s right – the “highly volatile” Bitcoin that’s unpredictable and “risky” has seen less...

Bitcoin’s price movements continue to be highly uneventful as the asset continues to remain just inches above $29,000. Most altcoins have mimicked BTC’s performance, aside from DOGE, SHIB, UNI, and OP, all of which have jumped by more than 3% daily. BTC Boring at $29K It was precisely a week ago when the primary cryptocurrency tried its hand at taking down $30,300 but failed in its tracks, and the subsequent rejection pushed it south hard. In about a day, the asset had lost...

Bitcoin’s price performance continues to be quite underwhelming, but the asset managed to sustain above $29,000 at least. The altcoins are also slightly in the green, with gains of up to 2% from the likes of DOGE and SOL. SHIB has jumped the most from the top 20. BTC Stalls Above $29K It’s safe to say that there have been more exciting times in the crypto ecosystem when it comes down to price performances. Bitcoin started the week with a nosedive that drove it from over...

Although most prices in the cryptocurrency market have shown high levels of stagnation in the past week, there were still several notable developments on different fronts. Starting with US regulations, this week saw discussions for a few separate bills, including the Financial Innovation and Technology for the 21st Century Act, which Democrats claimed still “reeks” of Sam Bankman-Fried – the disgraced former FTX exec who was among the chief supporters. On the other hand,...