Cryptocurrency Analysis and News Portal
Ethereum extended decline below the $2,600 support zone against the US Dollar. ETH price could even retest $2,445, where the bulls might appear. Ethereum remained in a bearish zone below the $2,650 support. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a key bearish trend
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Cryptocurrencies are on the rise again, with some stability in sight. Over $1.7 trillion worth of cryptocurrency, the global market cap has increased by 0.51% today alone. It seems like the crypto markets are finally starting to recover. Bitcoin rose by 1.61%, while Ethereum also showed a slight uptrend in the
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At the time of publication, bitcoin was trading at about $38,300, off slightly over the past 24 hours. Ethereum was changing hands just above $2,500, down 1.7%. Most other major cryptos were firmly in the red. It was the third consecutive day of crypto declines, which started late on Friday
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Bitcoin started a fresh decline below $40,000 against the US Dollar. BTC is gaining bearish momentum and could even drop to the $35,000 support. Bitcoin started a fresh decline below the $40,000 and $39,000 levels. The price is trading below $40,000 and the 100 hourly simple moving average. There is a key bearish
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Bitcoin started a downside correction and traded below $42,000 against the US Dollar. BTC must stay above $40,000 to avoid a trend reversal. Bitcoin started a fresh decline below the $43,000 and $42,000 levels. The price is trading below $43,000 and the 100 hourly simple moving average. There was a break below a
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India, the world’s largest democracy, may make its tax policy clearer by tweaking the definition of crypto or virtual digital assets. According to a report by CNBC TV-18, the Indian government is likely to tweak the definition to clarify that only cryptocurrencies, crypto tokens, NFTs and vouchers fall under the
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At the time of publication, bitcoin, the largest cryptocurrency by market capitalization, was trading trading at about $37,500, down over 3% for the previous 24 hours. Ether, the second-largest crypto by market cap, was off about 1.6% over the same period. Other major cryptos were in negative numbers. Source
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Bitcoin is struggling to recover above the $38,400 resistance zone against the US Dollar. BTC could resume decline if it stays below the $38,500 level. Bitcoin is currently facing resistance near the $38,400 and $38,500 levels. The price is trading below $38,500 and the 100 hourly simple moving average. There is a crucial
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On-chain data reveals more than 30% of the Bitcoin supply has entered into losses as the price of the crypto continues to decline. Less Than 70% Of Bitcoin Entities Are Now In Profit As per the latest weekly report from Glassnode, the percentage of BTC entities in profit has severely dropped recently
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Ethereum extended decline below the $2,700 support against the US Dollar. ETH price is struggling and might even decline below the $2,500 support. Ethereum started a major decline below the $2,800 support level. The price is now trading below $2,700 and the 100 hourly simple moving average. There is a key bearish trend
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