Bitcoin’s price experienced some enhanced price fluctuations in the past few days, going down to under $66,500 before jumping to just over $69,000 last night. The altcoins are also slightly in the green on a daily scale. UNI has taken the main stage with a massive 20% surge that has driven it to over $10, while PEPE has charted another fresh peak. PEPE New ATH, UNI Skyrockets The most important news in the cryptocurrency industry this week came from the US Securities and...
Read More »These Are This Week’s Best-Performing Altcoins as Bitcoin (BTC) Calms at $67K (Weekend Watch)
Bitcoin had a quite positive trading week in which it gained over six grand and skyrocketed to its highest price tag in almost a month of over $67,000. Most altcoins also followed suit, with SOL, AVAX, BCH, LINK, and many others registering double-digit gains. BTC Calms at $67K Bitcoin had retraced to just over $60,000 last Friday, but the bulls managed to defend that psychological support level during the weekend. Moreover, the asset started to climb on Monday and jumped to...
Read More »Bitcoin (BTC) Price Taps $67K, Ethereum (ETH) Climbs Above $3.1K (Weekend Watch)
Bitcoin’s most recent run continued in the past 24 hours as the asset’s price climbed to its highest price in over a month at just over $67,400 yesterday. Ethereum has also joined the party at last, having surged past the coveted resistance line of $3,000 and jumping above $3,100. BTC Sees 5-Week Peak Bitcoin suffered a lot at the start of May as it dumped to a multi-month low of under $57,000. It began to recover some ground in the following week when it soared past $65,000...
Read More »BTC Records Best Week Since March Amid US CPI Announcement and Big Names Buying Bitcoin ETFs: This Week’s Crypto Recap
A lot can change in the cryptocurrency market within the span of a week and it indeed did in the past seven days. It was just last Friday when bitcoin was struggling to remain above $60,000 after another leg down, but the landscape is quite different now. The changes started to happen during the weekend when BTC remained above the aforementioned level and even increased slightly to around $61,000. However, the first big move came on Monday when the cryptocurrency pumped to...
Read More »Bitcoin Unable to Recover Decisively, Ethereum Consolidates Below $3K (Weekend Watch)
The cryptocurrency market has calmed down considerably in the past 24 hours, halting the bearish assault and finding some consolidation in the process. Bitcoin’s price is trading at around $61K on Sunday morning, while Ethereum is now firmly below the pivotal $3K level. Are the Bitcoin Bulls Regrouping? As CryptoPotato reported yesterday, Bitcoin’s price experienced a sudden correction, dropping below $61K and losing around 3.5% in a single day. This seemingly had to do with...
Read More »BTC Price Settles at $63K as Network Difficulty Declines, Binance’s Regulatory Issues Continue: This Week’s Crypto Recap
Bitcoin’s price saw a lot of volatility last week, especially before and after the US Fed’s most recent FOMC meeting, but managed to recover some ground during the current one. Let’s unpack. The primary cryptocurrency had dropped to a multi-month low of $56,500 last Wednesday, went on a volatile rollercoaster as the US central bank said it would not raise the interest rates, and began its recovery on Friday. At the time, BTC soared from under $59,000 to $62,000 in minutes and...
Read More »Bitcoin Maintains $63K, Dogecoin’s Rise Continues With Another 6% Surge (Weekend Watch)
Bitcoin’s price recovery tour took it to a multi-day peak of $64,500 yesterday, but the asset failed to continue upward and has retraced by over a grand since then. Most larger-cal alts are slightly in the red on a daily scale, with TON, ADA, and SHIB declining by 2-4%. BTC Stopped at $64.5K The start of May was quite painful for the bitcoin bulls as the cryptocurrency slumped hard after failing to pump above $65,000 a day earlier. The massive correction drove the asset to...
Read More »Massive Bitcoin Volatility, Ripple (XRP) Trial, and CZ’s Sentencing: This Week’s Crypto Recap
Bitcoin’s price went on quite the wild ride throughout the past seven days. The cryptocurrency is down 4.2% during that period but this summary doesn’t do the action any justice, so let’s dive in. The market was fairly calm in the beginning of the week, trading at around $64K with little signs of significant volatility. Things started going downhill after April 30th, however. It was then BTC took a massive hit, dropping toward $60K, sending many investors in panic. The next...
Read More »Ethereum (ETH) Soars Above $3.3K, Bitcoin (BTC) Aims for $64K (Weekend Watch)
Bitcoin’s price actions were quite bearish for the past few days once again as the asset fell to $62,300 yesterday but managed to regain almost two grand since then. The altcoins have also turned green today, with ETH jumping above $3,300 and SOL reclaiming the $140 level. BTC Challenges $64K It was just over a week ago when BTC went through its fourth halving, slashing the block rewards by half for the miners. At the time, the asset’s price had experienced tons of volatility...
Read More »Altcoins Crash Once More as Bitcoin (BTC) Slips to $63K (Weekend Watch)
Bitcoin’s price recovery attempts from the business week have come to a halt as the asset slumped to $62,400 earlier before bouncing off to around $63,000 as of now. The altcoins are in no better shape, with most of the market turning red today. The total crypto market cap is down by $150 billion in two days. BTC Dumps to $63K Bitcoin’s price actions before and after the fourth halving, which was completed last Friday, have been quite underwhelming. The asset recovered some...
Read More »