Tag Archives: Market Updates

After several weeks of lack of any major developments in the crypto industry, the past few days saw an increased number, mostly surrounding the potential launch of a spot Bitcoin ETF in the States. Naturally, this impacted the asset’s price quite a lot. It all started on Tuesday when Grayscale – the largest crypto asset manager – won a court battle against the SEC. A US judge sided with the crypto company and ordered the Securities and Exchange Commission to “vacate” its...

Bitcoin’s price performance over the past 24 hours is hardly surprising given the lower trading volumes during the weekends, and the asset has not moved an inch from its $26,000 level. The altcoins are also highly stagnant on a daily scale, but some have posted notable losses since last Sunday. BTC Boring at $26K Bitcoin was in a similar situation last week – meaning it had stalled for weeks at around $29,000 – before a sudden price dump took it south by over $3,000 to chart...

After the late-business week pump and dump that drove BTC to a six-day high, the cryptocurrency has returned to $26,000 as it did during the last weekend as well. Most altcoins are also calmer today, with XRP and SHIB standing out as the top performers from the larger-cap ones. BTC Back to $26K August 17 became one of the worst trading days for bitcoin this year when the primary digital asset plummeted by over $3,000 to register a two-month low of just over $25,300. It...

The end of last week was a lot more eventful as the primary cryptocurrency dumped hard by over $3,000 in hours to see its lowest price tag in over two months at just over $25,000. Then came the recovery attempts that saw BTC regain around a grand. However, not much has happened to bitcoin’s price since then, as the asset calmed at around $26,000. The only exceptions were on Wednesday when it dropped suddenly by over $500, and yesterday. Thursday saw a more notable price jump...

Despite recovering a few hundred dollars since yesterday, bitcoin’s price is still shaky at around $26,000. Most alts have finally turned green, albeit in a very modest fashion, with XRP maintaining the $0.5 line. BTC Shaky at $26K After last week’s uneventful price performance, BTC headed north on Monday and touched $29,700. This came a day before Europe saw the first spot BTC ETF going live on Euronext Amsterdam. While that seems to be bullish news on the surface, the...

Bitcoin’s troubles continue as the asset has returned below $26,000 after exceeding that level yesterday following the price flash crash. Most altcoins have also seen daily declines, with ETH and BNB dropping by 1.5% once more. BTC Still Below $26K The primary cryptocurrency was stuck in a tight range between $29,200 and $29,500 for a week until a few days ago. It tried to break out toward $30,000 on Monday but was stopped in its tracks, and the subsequent rejection pushed it...

The cryptocurrency market is going through hard times. It’s been a complete disaster for the past seven days, and the worst took place today. Bitcoin’s price plummeted by a whopping 7.6% in the past 24 hours alone, bringing its total losses to above 11% for the week. The crash also led to a massive wave of liquidations worth over $1 billion in terms of leveraged positions. The volatility wiped off both short and long open interest, and the market is left crumbling. BTC is far...

Bitcoin continues to trade sideways, and the past 24 hours didn’t bring any deviation from the tight range between $29,000 and $29,500. Most altcoins are also quiet on Sunday, similar to how they performed on Saturday, except for RUNE and TON. BTC Boring at $29K The past few weeks went in a rather uneventful fashion for the typically more volatile crypto asset. This past Monday saw some movements as BTC dipped below $29,000 to mark a weekly low. However, it went on the...

Bitcoin’s price performance continues to be rather underwhelming, with the asset remaining at essentially the same spot as yesterday at just over $29,000. Most altcoins are also quite stagnant today, with little-to-no movements from ETH, BNB, XRP, and others. Shiba Inu is the only exception from the larger caps. SHIB, APE, PEPE on the Rise Shiba Inu’s largest digital asset – SHIB – has been among the best performers lately, gaining double digits in the past week, as...

After several weeks of sideways trading and failing to register any significant price movements in either direction, these past seven days provided more volatility that resulted in both multi-day lows and highs for BTC. It all started on Monday when the primary cryptocurrency dumped by several hundred dollars after the quiet weekend to a weekly low of $28,700. However, the bulls intercepted the move and pushed the asset north. In fact, what followed was among the most notable...