Tag Archives: Market Updates

Another unsuccessful attempt to overcome $60,000 has resulted in a $3,500 price drop for bitcoin. Most altcoins have also followed along south, and the entire market cap has lost more than $60 billion in a day. Bitcoin Dipped to $56,500 after Another Rejection As previously reported by CryptoPotato, bitcoin was flirting with the coveted $60,000 price line for several consecutive days. However, every attempt to reconquer it was met with immediate rejection. The situation...

Bitcoin’s inability to overcome $60,000 has caused him a massive chunk of its dominance in the past few weeks as the metric is down to a 7-month low well beneath 60%. In contrast, some altcoins have charted impressive gains, including new all-time high records for Ethereum and Polkadot. Polkadot’s ATH Takes it to 4th Place The past several days have been quite bullish for the altcoin market. Ethereum led the charge with several consecutive green daily candles, resulting in...

This week was undoubtedly bullish for the entire cryptocurrency market, which came inches away from $2 trillion. This happened as Bitcoin looks to reclaim $60K, Ethereum surged above $2,000, and BNB saw a brand new all-time high. In retrospect, it was up only for the entire market during the last seven days. Bitcoin started trading at around $54K and progressed slowly but steadily through the week. On Monday, the price skyrocketed to above $58K before another leg up Tuesday,...

Following another dip to $54,000, bitcoin has bounced off and has added over $2,000 of value. Some altcoins have registered even more impressive gains in the past 24 hours, led by Binance Coin’s 9% surge to $275.BTC Retakes $56KAfter the mid-week price slump when it dropped from over $57,000 to a three-week low of just above $50,000, bitcoin has been gradually increasing in value.Even the fears that the record $6 billion worth of options contracts that expired on Friday would insert enhanced...

After several days of price slumps, bitcoin has bounced off and neared the $55,000 level. Despite this increase, though, its market dominance has suffered as most altcoins have added more value in a day. Ethereum has jumped to $1,700, BNB is above $250 again, and Cardano has increased to $1.20.BTC Recovers to $55KThe past several days didn’t go well for the primary cryptocurrency. Following a pro-BTC announcement from Elon Musk’s Tesla, the asset spiked to above $57,000. However, the...

This week was tough across the board as both cryptocurrencies and legacy markets took a beating. Bitcoin was rejected at $60K and dropped all the way down to $50K, but, fortunately, it found support and is now attempting a recovery.The cryptocurrency started the week trading at around $59K and took a shot at the coveted $60,000 mark but failed. It was all downhill from there as BTC retraced all the way down to $50,000 before finding serious support and bouncing back to where it’s currently...

After a few days of flirting with the $60,000 line, BTC has failed at breaching the milestone and has dropped to $57,000. Most large-cap alternative coins are also well in the red, except Ripple (XRP), which has surged by 8% to over $0.51.Bitcoin Drops $3K after Failing at $60K: Whales In Charge?Following a somewhat sharp recovery after the latest steep decline to $53,200, and for the past few days, bitcoin remained relatively stagnant, just beneath the $60,000 price tag. The primary...

Following a few days of enhanced volatility, bitcoin has calmed slightly north of the $58,000 mark. Some altcoins have used the opportunity to reduce BTC’s market dominance with impressive gains, including DOT nearing $40 and UNI jumping by 10%.Bitcoin Calmed Above $58KThe past several days were quite volatile for the primary cryptocurrency. BTC went from briefly breaching above $60,000 to a sudden drop to $53,000 before reclaiming $7,000 again on Thursday.Since then, though, BTC has calmed a...

This was an important week in Bitcoin’s history. For the first time ever, the price reached an all-time high above $60,000. Regardless, it was an intense few days in terms of price action, and many altcoins also experienced serious volatility.It all started last weekend. On Saturday, the price started trending upwards and managed to breach $60K for the first time in history. In fact, it went as high as $61,800 and actually managed to hold above the important level throughout the entire...

After a highly volatile day in which BTC touched $60,000, the primary cryptocurrency has slipped to 58,000. The altcoin market is even more fluctuating, as Cardano has retraced following the latest gains and has lost its top three spot to Binance Coin.Top Ten Rotations Continue; BNB Ahead of ADAThe past several days were quite volatile for the altcoin space. However, most larger-cap alternative coins have calmed on a 24-hour scale.Ethereum, Polkadot, Ripple, UNI, Litecoin, and Chainlink have...