Tag Archives: Market Updates

The broader cryptocurrency market failed to chart any notable changes in the past seven days, with the total capitalization remaining more or less what it was back then. This comes on the back of slight volatility in between, but nothing that could have been sustained. That said, there’s an obvious exception in the face of the freshly-minted and now-trending PEPE coin. Let’s dive in. Bitcoin is trading more or less where it was exactly seven days ago – at $29K. The...

The past few days of April did not bring any substantial price moves in either direction for bitcoin, which remains north of $29,000. The altcoins are also calm during the weekend as the trading volume has disappeared. On a weekly scale, though, BTC’s dominance has risen by over a percentage. BTC Maintains $29K During Weekend This weekend resembles the previous one in terms of lack of volatility, aside from BTC’s highest price point. Last Monday began with bitcoin jumping to...

Bitcoin has finally calmed after the massive volatility mid-week and stands just above $29,000. The altcoins are also sitting quietly today, with Solana being the only notable gainer from the larger caps. BTC Maintains $29K This past working week started rather calmly, as bitcoin continued trading sideways in a tight range of around $27,500. The landscape changed on Tuesday when the bulls initiated a massive leg-up that ultimately drove the cryptocurrency to $30,000. However,...

What a week it has been. The cryptocurrency market went on a massive rollercoaster where the market cap ping-ponged tremendously. At the end, it turned out somewhat fine, but what a ride it was. Let’s unpack. First things first, Bitcoin’s price was trading quietly around $27,500 throughout the beginning of the week, but all that changed on April 26th when it soared toward $28,500. After spending a few hours there, it was up only once again. BTC touched $30K and sent the...

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....