Tag Archives: Market Updates

BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance...

Bitcoin has remained calm in the past 24 hours, with minor gains towards $11,100. Unlike the primary currency, the altcoin market has seen impressive gains, including yesterday’s birthday project – Ethereum and Chainlink.Although the US economy suffered its worst quarter since the Second World War in terms of GDP results, Wall Street is breaking records, especially in the technology field.Bitcoin: Back to Stability?The primary cryptocurrency remained relatively stable in the past 24 hours....

After several days of gains, Bitcoin has stalled a bit around the $11,000 mark. Simultaneously, most large-cap altcoins have managed to increase their value against both the US dollar and BTC.Bitcoin At $11,000The past several days were nothing short than impressive for the primary cryptocurrency. Its $2,000 price surge came somewhat surprisingly for some, but BTC reclaimed successfully, firstly $10,000, then the significant $10,500 resistance.Bitcoin also attempted to conquer $11,000 on a...

Bitcoin started gaining momentum yesterday and saw its price increase above the coveted $10,000 mark. At the same time, gold continued its recent surge by marking a fresh all-time high. Some altcoins retraced heavily in the past 24 hours, helping Bitcoin’s dominance reclaim some lost ground. Bitcoin Stands Above $10k After weeks of trading within a confined range between $9,000 and $9,300, Bitcoin has finally woken up. The past couple of days are particularly action-packed. Yesterday, in a...

Bitcoin continued its steady bullish move, and currently trading safely around the $9,700 mark, while Ethereum has breached above the $300 level. Other altcoins have also marked significant gains in the past 24 hours, thus reducing BTC’s dominance over the market towards the 60% dominance, which is a new year low.Altcoins On The RiseThe second-largest cryptocurrency by market cap has kept its decisive move forwards running. Ethereum traded at $235 on July 21st, but it seems that its essential...

Bitcoin maintains its position above the $9,500 level, while some altcoins mark impressive gains. Rumors from Binance CEO CZ about an upcoming DeFi involvement send BNB upwards.At the same time, the US stock market indexes decrease in value a bit while gold broke above the coveted level of $1,900 per ounce.Gains In The Crypto MarketAfter yesterday’s sudden loss of over $4 billion for the entire cryptocurrency market cap, today’s situation appears reversed. Bitcoin’s $9,500 support line...

This week, unlike many of the previous ones, was full of excitement on the entire cryptocurrency market. For once, Bitcoin woke up from its sleep and staged an impressive performance, gaining about 5% of its Dollar value.While this may not sound like a lot for a whole week of trading, it’s important to remember that in the days before that, BTC was pretty much stuck in a $200 range. The tightening of the Bollinger Bands, however, played out, and the price took a turn for the best.Bitcoin is...

BitcoinBitcoin saw a strong 4% price rise this week, which saw it hit the $9,500 level. The cryptocurrency started the week by trading at the lower boundary of a symmetrical triangle near the $9,000 support region. From there, it rebounded higher, which allowed Bitcoin to break above the triangle and exit the previous phase of consolidation.This positive breakout now puts Bitcoin on the bullish trajectory as it sets its sights towards the $10,000 level again.Looking ahead, the first two...

The total market capitalization has lost about 4 billion of its value in the past few hours, and the question is if this is simply a correction or a trend reversal.At the same time, the precious metal market continues to soar with record gains, particularly silver.Crypto Market Retraces By $4BVolatility returned to some extent for Bitcoin this week. Following weeks of stagnation, BTC firstly broke the resistance at $9,300 and then continue towards conquering $9,500.Bitcoin’s intraday high...

After weeks of sitting in a tight range, Bitcoin finally made a move yesterday and conquered the $9,300 resistance. The majority of large-cap altcoins also followed the upward tick, and, as usual, there are some notable fluctuations among low-cap alts.Bitcoin Is AliveThe last time the primary cryptocurrency stood above $9,300 for more than just a candlewick was on July 9th. Since then, Bitcoin was stuck in its quite familiar range between that level and $9,000.Yesterday, however, BTC showed...