Tag Archives: Market Updates

The bears continued to push bitcoin south in the past 24 hours, and the asset dropped to a weekly low of just over $62,000. Most altcoins are also in the red, with Litecoin losing the most value in a day. Bitcoin Saw a Weekly Low Just a few days ago, the primary cryptocurrency broke its previous ATH two times in a row, and the latest peak came at $69,000. As the community was anticipating another run up to $70,000, the entire landscape changed. Instead of going upwards,...

The cryptocurrency market had a tumultuous week where many projects went up considerably and then stalled and declined. Starting with Bitcoin, this time last week, the price was hovering around $61K, but it had no plans of staying there for long. BTC started climbing immediately and by Monday, it was above $65K. This continued and on Wednesday, propelled by fresh inflation woes, the cryptocurrency charted its current all-time high around $69,000. Unfortunately, right after...

Bitcoin’s indecisive price movements have continued in the past 24 hours, with the cryptocurrency staying above $60,000. Binance Coin has been among the best performers from the larger-cap alts as the asset has neared its ATH. BNB Eyes New ATH; AVAX Up 12% Most alternative coins were slightly in the red yesterday, as reported, but the landscape is relatively different today. Ethereum had fallen below $4,500, but a minor 2% increase on a 24-hour scale has driven the...

Bitcoin continues with its untypically flat price movements as the cryptocurrency has stalled around $61,000 once again. Most altcoins have marked minor losses in a day, while Shiba Inu has recovered roughly 20%. Shiba Inu Bounces Off Most of the altcoin space is in the red today after the recent gains. Ethereum, which saw new all-time highs just days ago, is down by a bit more than 1% on a 24-hour scale and stands below $4,500. Cardano has slipped to $2, while Ripple,...

It was a very dynamic week in the cryptocurrency industry, even though it may not seem that way judging by Bitcoin’s price. And yet, we saw a lot of action in the altcoin scene, especially with memecoins and play-to-earn projects, so let’s dive in. Starting off, Bitcoin failed to produce any meaningful gains over the past week and is only up by about 0.6% throughout the period. Yet, it wasn’t exactly a smooth sail as the price dipped to $60K on Monday, only to bounce above...

After another failure at $63,000, bitcoin has headed south and is close to testing $60,000 once more. Most alternative coins have also bled out in the past 24 hours, including a substantial drop for Dogecoin and Shiba Inu. Will BTC Retest $60K? The primary cryptocurrency went through a roller-coaster on Thursday when it plummeted from $61,500 to $56,500 in minutes. This came after recovering from the latest sub-$60,000 price slump. However, the asset bounced off just as...

After another day of enhanced volatility, bitcoin touched $63,000 but has retraced with a few thousand dollars since. Ethereum marked another all-time high above $4,400 before correcting as well, while Binance Coin has surged to north of $500. ETH’s Latest ATH: BNB Up 8% Ever since BTC tapped its new all-time high last week at $67,000, all eyes in the cryptocurrency community were on the second-largest digital asset whether it could do the same. And it took ETH more than a...

There are no boring days in crypto. This week was the definitive proof of this. We saw something insane happen literally every day from the past seven, so let’s start with Bitcoin. This time last week, there were already some signs of indecisiveness in bitcoin’s price, which was approaching $60K. On Sunday, though, bulls stepped in and pushed the price up to $64K, where it stayed for about a day. On Wednesday, we saw two consecutive drops, which led to the price testing the...

Bitcoin dipped below $60,000 once again in the past 24 hours but has recovered and currently stands above it. Most altcoins are also untypically calm this weekend, with ETH sitting north of $4,000. Shiba Inu, though, charted a new all-time high hours ago. Bitcoin Remains Above $60K All crypto eyes in the past few weeks were on the launch of the first-ever Bitcoin Futures ETF in the United States. After years of waiting, the Securities and Exchange Commission finally allowed...

Following the past several days of surging higher and higher, BTC corrected hard in the past 24 hours and even dipped below $60,000 briefly. Most altcoins followed suit, and the entire market cap lost more than $150 billion since its peak earlier this week. Bitcoin Lost $7K in Days The main focus in the cryptocurrency space in the past week or so was on the first-ever Bitcoin Futures ETF going live in the United States on Tuesday. The euphoria for such a long-anticipated...