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Tag Archives: Market Updates

Market Watch: Cardano (ADA) Targets $1 as Bitcoin Dominance Plunges Below 61%

Bitcoin’s dominance continues to suffer and has dropped beneath 61% once more as the asset has stalled around $45,000. In contrast, numerous altcoins have spiked, including a new 3-year high of Cardano as ADA has neared $1.Bitcoin Stagnates Around $45KThe primary cryptocurrency registered its largest green candle in history on Monday upon news that Elon Musk’s Tesla had purchased $1.5 billion in BTC. This development drove the cryptocurrency to a new all-time high at above $48,000.However,...

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Bitcoin Reached 2% From ATH As Cardano (ADA) Now 4th Biggest Cryptocurrency

After another increase that took BTC to $41,000, the cryptocurrency has retraced beneath the coveted $40,000 level. The crypto market cap reached ATH above $1.2t but has retraced as most altcoins have also corrected slightly. Cardano is the main exception, with a massive 20% surge to a new 3-year high.Bitcoin Touched $41K But RetracedThe primary cryptocurrency was gradually increasing in value since Monday’s dip until it broke above $37,000 a few days back. However, the bulls pulled it...

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Bitcoin Price Eyes $40K While BNB Tops $70 For the First Time (Market Watch)

After losing a substantial share of its market dominance lately, bitcoin has recovered some of the losses by nearing $40,000. This comes even after some altcoins have gained value, including yet another record for Binance Coin above $70.BTC Eyes $40K, Recovers Some Lost DominanceDespite gaining a few thousand dollars since Monday’s dip to $32,000 to about $37,000, bitcoin remained in the shadows while some alternative coins took the main stage. Consequently, they reduced BTC’s dominance over...

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ETH Sees 32% 7-Day Gains As Altcoins Party: The Weekly Crypto Market Update

This week was undoubtedly an altcoin party. Even though Bitcoin is up quite a bit in the past seven days, it was altcoins that stole the show, charting major increases almost every single day.Let’s start with BTC, though. It began the week at around $34,000 and was rather indecisive in the first few days, dipping below $33,000 on a few occasions. However, it was on Tuesday when the price started going up, reaching a weekly high at just shy of $39,000 before settling to where it’s currently...

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Crypto Price Analysis & Overview February 5th: Bitcoin, Ethereum, Ripple, Cardano, and Chainlink

This week saw nothing but green on the cryptocurrency markets as it seems everything is surging. Ethereum charted a new ATH, as well as many other altcoins, while Bitcoin attempts to reclaim $38K.BitcoinBitcoin saw a 15% price surge this week as the sentiment starts to turn bullish again for the primary cryptocurrency. The coin had been in a consolidation phase since hitting its ATH price at $42,000 last month. Since then, it has pretty much traded sideways within the confines of a descending...

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Bitcoin Tapped $38,000 as Market Cap Recorded ATH at 1.150 Trillion (Market Watch)

The total crypto market cap has surged to a new all-time high of $1.150 trillion as bitcoin topped $38,000 before retracing back below it. Most alternative coins also marked substantial gains, including fresh all-time highs for Ethereum and Polkadot.Bitcoin Touched $38KAfter the calm weekend in which BTC retraced to about $32,000, the primary cryptocurrency started to gradually increase its value. This led to yesterday’s break out from the consolidation triangle and an intraday high of...

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Large Caps Explode: BNB Breaks ATH Above $50, ETH Reclaims $1400 (Market Watch)

Despite another attempt to overcome $35,000, bitcoin has continued to trade inside the tight range of $33K to $35K.In contrast, large-cap altcoins, along with some DeFi ‘stars’ had performed a lot better. This includes a new ATH for Binance Coin, Ethereum rising above $1400, getting near the previous January 2018 ATH range. On the other side, XRP has plummeted following the recent gains.Binance Coin Surpassing $50 To New ATHMost of the large-cap altcoin market is well in the green against the...

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Ripple (XRP) Skyrockets 50% As Bitcoin Struggles At $34K: Crypto Market Watch

After a sharp drop that led BTC for another retest of $32,000, the asset has recovered and climbed back up to nearly $34,000, as of now. However, its dominance continues to decrease as some alternative coins have outperformed their leader, including XRP surging above $0.60.Bitcoin Eyes $34,000The primary cryptocurrency went through a roller-coaster on Friday after Tesla’s CEO Elon Musk updated his Twitter profile to include “Bitcoin” as the only description.The asset responded with an...

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Bitcoin Price Rejected at Key Resistance as Uniswap’s UNI Hits $20 (Market Watch)

Following the highly volatile few days in which BTC displayed $6,000 price moves in both directions, the cryptocurrency has calmed around $34,000. At the same time, XRP and a few more altcoins have exploded in value and reduced BTC’s dominance to 62.5%. Uniswap’s UNI token even hit $20.XRP’s Massive Surge Reclaims #4th SpotThe past few days have been anything but boring in the cryptocurrency space – from the retail-driven hype for Dogecoin and up to four-digit gains, through the Elon...

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Bitcoin Plunged $4000 To Pre-Elon Musk Pump Levels: Weekend Market Watch

After a highly volatile day prompted by Elon Musk’s Bitcoin engagement on social media, BTC has retraced back to around $34,000, as of writing these lines. Most alternative coins also went along the ride, and the total market cap has sustained the $1 trillion mark.Bitcoin’s 24 Hours Wild RideThe primary cryptocurrency was struggling in the past several days as it even dipped beneath $30,000 on a few occasions that were quickly bought by the bulls. As a result, Bitcoin dominance was fading,...

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