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Tag Archives: Market Updates

Weekend Watch: Ripple Soars 6%, Bitcoin Lost $20K Level

Bitcoin’s price went through a somewhat surprising dip yesterday when the US announced the September job reports, which were better than expected. Most altcoins are also in the red now, with the obvious exception of Ripple. XRP has stolen the show once again, surging by almost 7%. Bitcoin Lost the $20K Mark Ever since the October 3 crash to below $19,000, the landscape around the primary cryptocurrency was quite positive. The asset had bounced off that level and even jumped...

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Multi-Million BNB Chain Hack and Bitcoin’s Battle for $20K: This Week’s Crypto Recap

In terms of overall market movements, not much was happening in the past seven days. The total capitalization remained somewhat flat, around $990 million, unable to recover above the coveted $1 trillion mark. Bitcoin’s price, as well as that of the majority of altcoins, also failed to post a significant difference. At the time of this writing, Bitcoin’s price trades at around $19,700 – more or less where it was this time last week. The volatility is currently gone from the...

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Weekend Watch: Terra Classic (LUNC) Soars 20%

Bitcoin’s weekend continues to be rather uneventful as the asset has settled at around $19,000. Most altcoins are also quite calm today, with minor daily losses. LUNC, on the other hand, keeps rising following another double-digit price increase. Bitcoin Boring at $19K The primary cryptocurrency had a quiet week, unlike the previous one. Last weekend saw the asset trade around $19,000, something that didn’t really change until Tuesday. At that point, the bulls stepped up and...

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Weekend Watch: Bitcoin With Another Failed Attempt at $20K

Bitcoin tried its hand at taking down $20,000 yesterday once again, but, just like it happened earlier this week, it was stopped and dropped by almost $1,000. Most larger-cap altcoins are slightly in the red now, while there are some gains from the mid-cap ones. Bitcoin Rejected at $20K Once More Bitcoin had a significantly less volatile week than the previous one when the US Federal Reserve’s actions pushed it south to a three-month low at $18,100. The asset recovered some...

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LUNC Spikes 25% Weekly on Do Kwon’s Claims, BTC Rejected at $20K: This Week’s Recap

Unlike the previous week, which was full of volatility, the past seven days were quite more stagnant in the cryptocurrency space. Bitcoin, for one, had calmed around $19,000 after the most recent price drops and spent the weekend as well as Monday at that level. The situation changed on Tuesday when it initiated an impressive leg up, resulting in a price surge to over $20,000 for the first time in 12 days. However, the bears tightened their grip on the market and pushed the...

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LINK Jumps 5%: BTC Awaits its Next Move at $19K (Market Watch)

The price of bitcoin seems stuck around the $19,000 level for the past few days, and the asset has remained there now as well. Most altcoins are also calmer on a 24-hour scale on Sunday, with Chainlink emerging as today’s top performer. Bitcoin Quiet at $19K Although bitcoin is quite stagnant now, this wasn’t the case earlier this week. The asset had jumped from $18,300 to $20,000 in a day ahead of the US Federal Reserve’s latest interest rate hike, but once the increase of...

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Weekend Watch: Dogecoin Soars 6.5%, Bitcoin Fights for $19K

After the recent volatility and the latest multi-month low, bitcoin has calmed slightly around the $19,000 mark. Most alts have painted insignificant losses today, while Dogecoin has emerged as the top performer from the large-cap ones. Bitcoin Battles for $19K The past several days were quite volatile for BTC, starting with the dip to $18,300 on September 19. At the time, that marked a three-month low for the asset. Bitcoin went on the offensive in the following hours and...

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Ripple Soars 50% on SEC Trial News While Crypto Markets Shed $40 Billion: This Week’s Recap

The past seven days were quite painful in the cryptocurrency market as the majority of it is trading well in the red. This resulted in $40 billion being lost from the total capitalization, which is inching closer to $900 billion. The most obvious outlier in this is Ripple’s XRP which soared by 50%. Let’s unpack. Bitcoin’s price is currently sitting slightly below $19,000, down 5.7% in the past week. Seven days ago, it was trading at around $19,500 and even managed to poke...

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ApeCoin Skyrockets 16% Daily, Bitcoin Taps $20K (Weekend Watch)

After the recent volatility and price declines, bitcoin finally saw some relief by touching $20,000. Most altcoins have seen slight gains as well. Once again, though, Ripple stands out as the best performer from the larger-cap alts, while ApeCoin has soared by 16%. BTC Back at $20K It’s safe to say that the past week or so didn’t go all that well for the primary cryptocurrency. The asset had spiked to a multi-week high at just under $23,000 on September 13, but the overall...

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Market Watch: Ripple Soars 8%, Bitcoin Dropped to Weekly Lows

Bitcoin dipped further below the coveted $20,000 mark to chart another weekly low of just over $19,000. Ethereum also continues to struggle after the Merge implementation two days ago and has slumped below $1,450. Ripple, in contrast, is up by almost 8% daily. Bitcoin’s New Weekly Low The past several days have not been kind to the primary cryptocurrency as the trend changed on September 13. Back then, the asset was riding high and neared $23,000 after gaining over $3,000 in...

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