Although most previous weekends started with adverse price movements for bitcoin, this time, BTC added more than a grand and reclaimed $34,000. Most altcoins have also reclaimed some ground since yesterday, with Cardano (ADA) rising 7% after news from Grayscale. Bitcoin Tops $34K CryptoPotato reported previously that the primary cryptocurrency tends to head south at the start of the weekends. Consequently, there were concerns about similar developments this time as well. So...
Read More »Volatility Continues as Bitcoin Reclaims $33K: Crypto Markets Recover $100B
After the Saturday bloodbath in which bitcoin dipped to just over $30,000, the cryptocurrency has bounced off and recovered more than $3,000 of value. Most altcoins have also reacted well, with ETH surging to nearly $1,900, and the market cap has reclaimed $100 billion in a day. Bitcoin Spikes Above $33K As it happened during the past several weekends, Saturday didn’t start well for the primary cryptocurrency. After the highly volatile week, BTC began to gradually lose value...
Read More »Bitcoin Price Back to Monthly Lows as Crypto Market Cap Evaporates $160B
Another weekend starts with another adverse price movement for bitcoin as the asset dropped by several thousand dollars to below $31,000. The alternative coins are also deep in red, with ETH dumping below $1,800, and the total market cap has seen $160 billion gone in a day. Bitcoin Plummets Below $31,000 It’s almost becoming a tradition for BTC to head south when the weekend starts. The cryptocurrency was actually looking healthy yesterday after it had recovered from the...
Read More »Ethereum Dropped Below $2K for the First Time in a Month as BTC Slipped to $32K (Market Watch)
Following a somewhat stagnant weekend in which BTC remained in a range between $35,000 and $36,000, the asset dumped to a two-week low of just over $32,000. Most alternative coins have performed even worse, with ETH plummeting beneath $2,000 for the first time since May. Altcoins in Red; ETH Below $2K Altcoins have been gradually declining in value for the past several days. Ethereum has been at the forefront as it traded well above $2,600 less than a week ago. However, the...
Read More »Bitcoin Calms Around $35,000 as Ethereum Slides to $2,200 (Market Watch)
After several days of adverse price developments, bitcoin has calmed just over the $35,000 price tag. Most alternative coins, though, continue to register price losses, with ETH sliding to $2,200 again and XRP dumping by more than 5% in a day. Bitcoin Stalls Above $35K The workweek was going in bitcoin’s way for several days as it had spiked above $40,000 to a new 26-day high at $41,375 on Tuesday. As the community started preparing for another leg up that can take the asset...
Read More »Bitcoin Lost $3K in a Day as Crypto Market Cap Evaporated $100B (Market Watch)
The weekends continue to bring adverse price developments for bitcoin as the asset fell to a six-day low of $35,000. The situation with the alternative coins is similar, with ETH dumping to $2,200 and BNB below $340. The total market cap is down by $100 billion in a day. Bitcoin Slips to 6-Day Low The workweek was going well at one point for bitcoin, which spiked to and above $40,000. The bulls drove the asset to a new 3-week high at almost $41,400, but they failed to keep...
Read More »Bitcoin Whales Started Selling as BTC Dipped to $37,000 (Market Watch)
Bitcoin continues to gradually lose value with another price slump to around $37,000. Most alternative coins are also suffering, with ETH dipping beneath $2,400 and BNB close to dropping below $350. Bitcoin’s Struggles Continue Just a few days ago, the situation with the primary cryptocurrency seemed significantly more promising. The asset was riding high above $40,000 for the first time in nearly a month and even spiked to north of $41,000. However, it failed to maintain...
Read More »Bitcoin Spiked to a 26-Day High Above $41,000 (Market Watch)
After reclaiming $40,000 for the first time in nearly three weeks, bitcoin kept climbing and even exceeded $41,000 briefly. Most alternative coins have stalled or retraced in the past 24 hours, which has helped BTC increase its dominance over the market. Bitcoin Sees a 26-Day High The past several days were quite bullish for the primary cryptocurrency. It started last week with positive news coming from El Salvador, after which BTC surged from $31,000 to about $35,000, where...
Read More »Crypto Market Cap Struggles to Maintain $1.5 Trillion, Bitcoin Amid $35K (Weekend Watch)
After yesterday’s price declines, bitcoin has calmed around the $35,000 price line. Most alternative coins are also somewhat stagnant on a 24-hour scale, aside from Polygon (MATIC). The asset has spiked by double-digits to $1.4. Minor Recoveries Among Alts: Polygon 15% Up The weekend didn’t start all that well for the altcoins market. The biggest altcoin, Ethereum, had already retraced from $2,600 to $2,500 before it went even further south to $2,250. Since then, ETH found...
Read More »Bitcoin Plunges Below $35K as Crypto Market Cap Loses $100 Billion
After riding high for a few days, the bitcoin bears have regained control and pushed down the asset by a few thousand dollars to around $35,000. Most alternative coins have suffered even more severely, with ETH down to $2,300 and BNB to $330. Bitcoin Falls to $35K Bitcoin performed rather well in the past few days following bullish news from El Salvador, India, and some large corporations wanting to get a piece of the cryptocurrency pie. BTC spiked to a six-day high at...
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