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Tag Archives: Market Updates

Market Watch: The Altcoins That Suffered Hardest Despite Bitcoin’s Latest Rally

The cryptocurrency community is buzzing with reports and tweets about the prices. Bitcoin is frequently marking fresh yearly highs. Even the 2019 record of nearly $14,000 was taken down and seems far behind. Just yesterday, the primary cryptocurrency gained about $1,500 of value in 24 hours. As something similar occurred precisely three years ago, before the all-time high of $20,000, it got the community speculating and anticipating a new record. Although most alternative...

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Altcoin Nightmare: Market Cap Down $10 Billion as Bitcoin Dominance Surges

Bitcoin continues to struggle ever since it peaked above $14,100 during the weekend. The situation with alternative coins is even worse, and the total market capitalization has dipped to about $390 billion. Bitcoin’s Struggles Since Its 1,000-Day Peak CryptoPotato reported over the weekend that the primary cryptocurrency spiked to a new 2020 high of about $14,100. The difference between this record and the previous ones registered in October was that it surpassed the 2019’s...

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Monday’s Market Watch: Bitcoin Drops $300 In Minutes, Elections Volatility Incoming?

Bitcoin has failed to sustain its level above $14,000 after breaking it a few days ago. In fact, the cryptocurrency saw a sharp decline in just a few minutes as it lost about $300. Bitcoin’s dominance has also decreased over the past 24 hours by almost 0.5% which means that altcoins are trying to claim new grounds. Bitcoin Stalls Beneath $14K The primary cryptocurrency made the headlines on Saturday as it finally broke the 2019 high. In fact, Bitcoin jumped above $14,000 for...

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Sunday’s Digest: Bitcoin Struggling At June 2019 Highs, Altcoins Continue To Bleed Against BTC

Bitcoin finally broke the 2019 high after a brief spike that took it above $14,100 yesterday (Bitstamp). With its impressive leg up, BTC has continued to increase its dominance over the altcoins, most of which keep decreasing in their value against the primary cryptocurrency. Bitcoin Price Is Trading Around The June 2019 High Ever since BTC began increasing in value a few weeks ago, the crypto bulls anticipated when new highs will arrive. Bitcoin didn’t disappoint and kept...

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Crypto Market Cap Gains $15 Billion as Bitcoin Price Touches $14,100 (Market Watch)

Bitcoin’s roller-coaster continued in the past 24 hours with significant fluctuations resulting in a few $500 moves and it finally breaking the previous 2019 high. The altcoins have taken a breather with some green charted, and the market capitalization has increased by around $15 billion. Bitcoin Goes On A Wild 24H Ride It’s safe to say that Bitcoin’s dull days are behind the cryptocurrency. As CryptoPotato reported yesterday, ECB’s announcement drove the asset to nearly...

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Bitcoin Decouples From Wall Street as BTC Dominance Soars: The Crypto Weekly Market Update

During the past week, Bitcoin continued to increase in value as it managed to break the former 2020 high. More interestingly, though, this happens as Wall Street stocks are currently taking a beating. While BTC was appreciating, all the prominent US-based indices such as the S&P 500, NASDAQ Composite, and the Dow Jones Industrial Average (DJI), are all bleeding out. Just today, the S&P 500 decreased by about 1.5%, while Nasdaq’s Composite index is down upwards of...

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Crypto Price Analysis & Overview October 30th: Bitcoin, Ethereum, Ripple, Chainlink, and Binance Coin

Bitcoin The Bitcoin price surge continued this week and it managed to increase by 4.5% to reach $13,60 at the time of this writing. The coin was trading slightly above $13,000 last Friday and moved sideways along this level over the weekend. On Tuesday, Bitcoin started to surge higher as broke resistance at $13,415, climbed above $13,500, and reached the resistance at $13,815 (1.272 Fib Extension). The bulls could not close a daily candle above this resistance, which led to...

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Crypto Markets Shed $10 Billion in Hours as Bitcoin Loses $400 (Market Watch)

After a sharp price jump towards $13,650 intraday, Bitcoin has retraced and trades around $13,200. The alternative coins continue to bleed out, and the total market capitalization has dropped below $390 billion. Bitcoin To $13,650 And Back On ECB Stimulus News Following the latest 2020 high, Bitcoin got rejected and lost nearly $1,000 of value in hours a few days ago. Since then, the asset has been struggling with the $13,000 level. After another dip below it, BTC went on a...

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Market Watch: After a Bloody Wednesday, Bitcoin Struggles At $13,000 As ETH Below $400

Bitcoin went on a roller-coaster ride in the past 24 hours from a new yearly high of nearly $14,000 to dipping below $13,000. Most altcoins mimicked their leader, and the total market cap has dropped by $15 billion. Bitcoin’s Wild 24H Ride As CryptoPotato reported yesterday morning, everything seemed to be going in BTC’s way. The cryptocurrency was surging and peaked at another 2020 high. In fact, with a price of $13,865, it came inches away from breaking last year’s record...

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Bitcoin Just Had Its Highest Weekly Close Since Jan-18 While ETH Eyes $400 (Market Watch)

After marking two consecutive yearly highs in the span of a few days, Bitcoin has calmed but still hovers over $13,000. Most alternative coins have remained relatively stable, and the market cap is yet to break above $400 billion decisively. Bitcoin Stays Above $13k Although Bitcoin started the weekend with apparent stagnation, the asset entered Sunday on a roll. BTC was trading at $13,100 but sharply exploded to a fresh 2020 high of above $13,350. Shortly after, though, the...

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