Cryptocurrency Analysis and News Portal
A bloody Monday for the equity and oil markets, as Europe stock markets are dropping by 8%, while oil has seen a drop of 30%. But it’s not only equity markets as the crypto market is also experiencing the same pain with Bitcoin (BTC) dropping $1,500 during the weekend. Wouldn’t
Read More
The Dow Jones surged nearly 700 points on Monday on hopes of emergency stimulus from G7 central banks to combat the “coronavirus crash.” Despite Wall Street optimism, analysts are concerned about whether a rate cut from the Fed can truly help the economy. ISM manufacturing came in weak, and
Read More
Bitcoin started a major downside correction from the $10,521 yearly high against the US Dollar. BTC price declined below $9,000, but it is still in a larger uptrend above $8,000.Bitcoin started a major correction from well above the $10,000 level against the US Dollar.The price is down more than 15%
Read More
Bitcoin's lackluster recovery from price support around $9,400 is struggling to gather upside traction amid bearish developments on the short-term technical charts. The top cryptocurrency by market value fell by 5.5 percent on Wednesday to register its biggest single-day drop in three months. Sellers, however, failed to keep prices below the widely
Read More
Ripple is facing hurdles near the $0.2200 resistance against the US Dollar, similar to bitcoin near $8,200. XRP price is declining, but the bulls are likely to protect $0.2080 and $0.2070.Ripple price is correcting lower after it failed to surpass the $0.2200 resistance against the US dollar.The price remains well
Read More
Bitcoin (BTC) price dropped below the $7,040 support, which kicked off a swift 3% decline to $6,800 on Dec. 16. The sharp pullback is likely no surprise to traders as Bitcoin has been ranging lower at each daily close with previous supports at $7,300 and $7,150 flipping to resistance over
Read More
Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar.The price is currently struggling to stay above the $7,000 support area.There is a connecting bearish trend line forming with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).The
Read More
The price of Bitcoin (BTC) has headed north over the last 24 hours, up over 1% at $7,272. As a result, each of the major cryptocurrencies has followed the market leader with the total cryptocurrency market cap reaching $198 billion and BTC dominance remaining steady at 67% of the
Read More
The cryptocurrency looked to have had potential to jump above $7,300 and possibly extend gains toward $7,500. After all, credible signs of seller exhaustion had emerged on the intraday technical charts following Thursday's drop to $7,072 – the lowest level since Nov. 24. Original Source
Read More
Bitcoin has potential for a small price bounce after hitting two-week lows early on Thursday. Source
Read More