Tag Archives: Market Updates

Bitcoin continues to trade without any substantial moves in either direction on low trading volumes, similar to previous weekends. Most alternative coins sit quietly as well, with ETC and APT being among the few exceptions, posting notable gains. Bitcoin Stalls at $19K The past seven days were significantly less volatile than the previous week, in which BTC went from $19,000 to $18,200 and up to $20,000 in a matter of 24 hours after the latest US CPI numbers came out....

Bitcoin’s fight to remain above $19,000 didn’t go all that well yesterday, as the asset fell to a 9-day low of $18,600 before bouncing off. The altcoins also went through similar price movements, but most are slightly in the green on a daily scale, including APE’s notable surge. Bitcoin’s New Local Low Ever since the end of the previous working week, bitcoin had calmed after the storm and stood at around $19,000. It spent most of the weekend there, and Monday was no...

The cryptocurrency market went through little volatility over the past seven days and is currently found almost where it was this time last week. The sentiment remains overly fearful as global inflation woes and economic unrest settle in. Starting with Bitcoin, it lost roughly 1.8% in the past seven days, going through almost no volatility whatsoever. The cryptocurrency attempted a break above the critical level of $20,000 but to no avail. It was quickly rejected by the...

The start of the week begins with little-to-no substantial movements from most cryptocurrencies, as bitcoin has stalled around $19,000. The altcoins are slightly in the green, except for XRP. Aside from the daily price dip, the asset is down double-digits on a weekly scale. Bitcoin Calms at $19K BTC experienced a lot of volatility at the end of last week, when the US CPI numbers came out. Although they were almost as expected, bitcoin headed straight south, as it typically...

After the enhanced volatility at the end of the working week, bitcoin has calmed and stands firm at $19,000. Most altcoins are also quite stagnant now. On a weekly scale, though, there’re some evident winners, such as Huobi Token, and losers, like Cardano. Bitcoin Calms at $19K The latest US inflation numbers – 8.2% – announced on Thursday returned some of the recently lost volatility in the crypto markets, pushing bitcoin from $19,000 south to a multi-week low of $18,200....

Bitcoin tried its hand at taking down $20,000 but was stopped in its tracks once more and has retraced by almost a grand. The altcoins are back in red after yesterday’s massive gains. This all came following the bloody Friday on Wall Street. Bitcoin Stopped at $20K The primary cryptocurrency was quite calm lately, but that all changed when the US announced the latest CPI numbers. BTC stood at $19,000 before it violently dropped to a multi-week low of $18,200. However, that...

The past week saw the total cryptocurrency market lost about $30 billion in the past seven days, where most of the action took place yesterday. This was somewhat expected, given the US Bureau of Labor Statistics published the CPI numbers then. Let’s dive in. Bitcoin spent the majority of the week slowly bleeding out. The cryptocurrency was showing absolutely no signs of strength, which resulted in a painful chop and a decline below $19,000 on a couple of occasions. All this...

Although the trading volumes yesterday were quite low, similar to previous weekends, bitcoin still took a minor hit and fell to a weekly low. Most altcoins are also slightly in the red on a daily scale. QNT is among the very few exceptions, being up by double digits. Bitcoin Dipped Towards $19K The primary cryptocurrency was flying higher earlier this week when it pumped to $20,500 – the highest price tag it had seen in about three weeks. However, the US job reports changed...

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...

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...