Tag Archives: Market Updates

The broader cryptocurrency market took a turn for the worse throughout the past seven days as the majority of coins are trading in the red. This comes after weeks’ worth of increases in what seems to be an expected correction. Bitcoin’s price is trading at a 3% loss, tumbling toward $36K at the time of this writing. The leading cryptocurrency was unable to keep up the bullish momentum. It soared toward $38K on Thursday, but it retraced almost as quickly as it skyrocketed. All...

This week has been all about prices, hence the title. It appears that there’s tremendous anticipation for the approval of a spot Bitcoin ETF, which seems to be one of the main explanations given by many experts of the ongoing rally. A lot happened price-wise, so let’s unpack. First things first, it’s important to note that the SEC is currently in a tight window to make a decision on whether or not they will approve a spot Bitcoin ETF. There’s the possibility of more delays,...

Bitcoin’s price managed to climb above the coveted $35,000 level, which seems to be the major target for the bulls throughout the past few days. Meanwhile, some of the altcoins are popping and charting massive gains. Bitcoin Reclaims $35K Bitcoin’s price is pushing above $35,000 in an attempt to reclaim this level once again. At the time of this writing, the cryptocurrency is trading at around $35,100, charting an increase of around 0.8% throughout the past 24 hours. Source:...

This week has seen a whirlwind of events. Bitcoin’s price seems like the only stable thing in the industry right now, however hilarious that may be. That said, the cryptocurrency is still up throughout the past seven days, but not as much as last week. SBF was found guilty, Solana (SOL) is exploding, and whatnot. A lot happened this week, so let’s dive in. Starting with BTC’s price, the cryptocurrency is trading at slightly below $35K at the time of this writing, marking an...

The past few days have been mostly about consolidation, following Bitcoin’s rally to $35K and the slight correction that followed. These tend to be periods where the price fails to excite, but rather, market participants are evaluating their current standings and projecting what might happen next. Bitcoin Price Steady Above $34K The past 24 hours were optimistic for Bitcoin’s price, which managed to maintain above $34K. In fact, BTC attempted a push, but it was unable to...

Bitcoin’s price slipped under the $34,000 level but the bulls managed to intercept the move and the asset stands just north of it as of now. Several altcoins have outperformed the largest cryptocurrency, including Chainlink, Aptos, and Cardano. BTC Back Above $34K Bitcoin is at the end of one of its most favorable and positive trading weeks in a long time. It all began on Monday when BTC finally reclaimed decisively the $30,000 level. By the end of the day and on Tuesday...

It’s been one hell of a week. Bitcoin’s price is up by a whopping 10% throughout it, and the entire market is painted in green. Ripple’s streak of wins against the US Securities and Exchange Commission continues. There’s a lot to unpack, so let’s dive in! First things first, after a relatively boring weekend where nothing much happened, it was all engines go on Monday. And yet, the reason will astound you. A report came out that the United States Securities and Exchange...

After the more volatile end of the business week, the weekend continues to be rather dull in terms of BTC’s price performance, with the asset stuck below $27,000. The altcoins also trade quietly, with minor gains charted by DOGE and ADA, while SOL is down by about 1%. BTC Boring Below $27K Bitcoin was riding high last week, as it even challeged $28,000 on a few occasions. However, it failed there, perhaps due to the global uncertainty propelled by the latest conflict between...

Bitcoin’s price tried to take over the $27,000 level in the past 24 hours, but the bears didn’t allow it, and the asset remains inches below that line. Most altcoins are with minor 24-hour gains after the recent price plunges, with XDC becoming today’s top performer. BTC Fails at Reclaiming $27K It was less than a week ago – last Sunday – when the primary cryptocurrency was trading a lot higher and was sitting well above $28,000. However, the Israel-Hamas conflict played its...

Bitcoin’s price movements have calmed quite a bit following the enhanced volatility experienced on Friday. Most altcoins are in a similar state, with minor moves south. Avalanche has declined most today but still stands above $10. BTC Calms at $28K It was just about a week ago, on Sunday evening/Monday morning, when the primary cryptocurrency started a massive leg up that resulted in surging by over $1,500. This culminated in a 6-week peak at $28,600 (on Bitstamp) on Monday...