Bitcoin continues to trade in the five-digit territory and even spiked towards $10,400. Binance Coin (BNB) is among the best performing tokens today, while most other larger-cap alts are marking minor gains.Bitcoin Struggles At $10,400After the unsuccessful attempt to overcome $10,500, Bitcoin dived yesterday and bottomed at about $10,200. However, the bulls interfered at that point and didn’t allow any further declines.In the following hours, BTC fluctuated in a tight range between $10,250...
Read More »Crypto Price Analysis & Overview September 11th: Bitcoin, Ethereum, Ripple, Cardano, and Chainlink
BitcoinBitcoin moved sideways this week as a consolidation pattern appeared in the form of a symmetrical triangle. This triangle is best seen on the hourly charts and is highlighted by the white boundaries.The cryptocurrency dropped by a steep 15% in September from $12,000 to the current $10,260 level. The $10,000 level provided strong support throughout the week and allowed the bulls to start to edge higher again. However, it is still trapped within the confines of the symmetrical triangle,...
Read More »Bitcoin Price Fails At $10,500 While Altcoins Retrace (Market Watch)
Most of the cryptocurrency market is retracing on a 24-hour scale despite increasing in value intraday. Bitcoin surged to nearly $10,500 but is back below $10,300, while Ethereum dips to $360.Bitcoin Stopped At $10,500The positive news for the primary cryptocurrency is that its price remains in the five-digit territory. In fact, Bitcoin even increased towards its previous 2020 high at $10,500 yesterday. However, the bears stopped it before having the chance to conquer it. Ultimately, BTC...
Read More »Tracked: $5.4 Million Eterbase Hacked Funds Sent To Binance and Huobi
A few days after being hacked and drained for $5.4 million worth of digital assets, the European cryptocurrency exchange Eterbase claimed that it had tracked part of the stolen funds to Binance, Huobi, and HitBTC.The company asked for assistance from those exchanges and reassured its users that Eterbase will endure.$5.4M In Crypto Stolen From EterbaseLaunched in 2019, Eterbase is a relatively small Slovakia-based platform that describes itself as “the first regulation-compliant European...
Read More »Crypto Market Cap Gains $22 Billion As Bitcoin, Wall-Street And Gold Rebound Massively
Bitcoin has followed Wednesday’s increases on Wall Street and has risen to about $10,400. Most altcoins are also in green, as the total market cap sees a $22 billion addition over the past day.Ethereum, Polkadot, and Chainlink surge by approximately 10%, while DeFi tokens lead the way with the most gains, as YFI touches the 3 BTC mark once again.ETH Above $370The altcoin market sustained some severe losses in the past week. Nevertheless, they are displaying signs of recovery today, with green...
Read More »This Support Level is Critical for XRP, What’s Next? (Ripple Price Analysis)
XRP saw a small 2.5% price increase today as the support at $0.236 continues to hold firm.The coin is trapped between $0.228 and $0.236 for the past 4-days of trading.Against Bitcoin, the 100-days EMA continues to show its strength as the bears fail to close beneath it.XRP/USD – Bulls Vehemently Defend $0.236 Support.Key Support Levels: $0.236, $0.22, $0.216.Key Resistance Levels: $0.244, $0.25, $0.264.After dropping from $0.3 earlier in the month, the bulls managed to defend the support at...
Read More »Bears Appear Strong as XRP Drops Below $0.24 (Ripple Price Analysis)
XRP fell by a steep 16.8% over the past week as the coin reached $0.234 today.XRP continued its decline as it broke beneath the strong support at $0.237.Against Bitcoin, XRP dropped below the 100-days EMA today.XRP/USD – Bears Push Toward .618 Fib SupportKey Support Levels: $0.228, $0.22, $0.216.Key Resistance Levels: $0.24, $0.246, $0.25XRP had a disastrous first week in September as it rolled over from above $0.3 to reach the current $0.233 level. During the decline, it initially managed to...
Read More »Bitcoin Price Defends $10,000 as Market Cap Regains $10 Billion
After a few days of declines, Bitcoin has regained some value and is hovering around $10,500. Most altcoins are also recovering, with the total market gap increasing by $10 billion from yesterday’s bottom.Bitcoin Bounces Off $10KThe bears dominated the cryptocurrency field in the past few days. Bitcoin dipped below $10,000 on two occasions just days after exceeding $12,000. Since the second drop, though, BTC has displayed signs of recovery and is currently trading around $10,500.From a...
Read More »Bitcoin Crashing $1500 In 48-Hours: $40 Billion Evaporated From The Total Market Cap
It appears that the cryptocurrency market hasn’t stopped plummeting in value. After losing over $20 billion worth of the total market cap in a day, the situation just worsened. Bitcoin further plunged to below $11,000, Ethereum dumped to $400, and the rest of the altcoins follow along.Bitcoin Plummets Below $11KIt’s safe to say that the cryptocurrency market has seen better days as the blood bath that started yesterday has just intensified: Bitcoin was trading at $11,400 after recovering some...
Read More »Blood Bath: Total Market Cap Shrunk $23 Billion As BTC Lost 5% and ETH 15%
Over $20 billion of total market cap have disappeared in the past 24 hours as most cryptocurrencies are retracing heavily.Bitcoin lost $700 following a rejection at $12,000, Ethereum drops by 8%, as of now, following a 15% daily plunge at the peak (as of writing these lines).Polkadot becomes the top 5 cryptocurrency, enjoying Chainlink’s 10% loss.Bitcoin Dives By 5%Less than 36 hours ago, Bitcoin attempted another overtaking maneuver to surpass the coveted $12,000 mark. However, the bears...
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