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Bitcoin (BTC) dropped to weekly lows at the Aug. 17 Wall Street open as upcoming Federal Reserve comments unsettled risk assets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar climbs as Fed minutes dueData from Cryptox Markets Pro and TradingView tracked a more than 2% daily decline in BTC/USD, which hit $23,325
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The recent market recovery has seen digital assets such as Bitcoin and Ethereum put on significant amounts of value over the last couple of days. However, there have been some who have been market leaders in this regard, and Ethereum is one of them. The digital asset had rallied upwards
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Bitcoin broke the key $28,500 support zone against the US Dollar. BTC is down 10% and might even decline below the $25,000 support zone. Bitcoin extended its decline below the $28,500 and $26,500 support levels. The price is now trading below the $28,500 level and the 100 hourly simple moving average. There is
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Bitcoin (BTC) firmly recommitted to its trading range on June 7 after a fresh move higher was met with a swift sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Some of the best chop we’ve seen”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rejecting decisively at resistance it last encountered on
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Ethereum extended decline below the $1,820 support against the US Dollar. ETH tested $1,730 and remains at a risk of more downsides in the near term. Ethereum gained bearish momentum and declined below $1,820. The price is now trading below $1,800 and the 100 hourly simple moving average. There is a key bearish
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Bitcoin (BTC) stuck to "rangebound movements" into May 24 as price action avoided expected volatility.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo joy for BTC bulls after DXY downmoveData from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to circle $29,000 after failing to hold $30,000 support.On hourly timeframes, the pair thus
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"Historically, the cumulative return rate of the top dozen cryptocurrencies has vastly outperformed traditional indexes like the S&P 500, Dow Jones Industrial Average, or Nasdaq Composite,” Arthur Krause, 21Shares’ vice president of product, said in the statement. “Our two new index funds enable accredited investors to participate in cryptocurrencies without
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Ethereum gained bearish momentum below $2,000 against the US Dollar. ETH even traded below $2,000 and remains at a risk of more losses. Ethereum started a fresh decline below $2,100 and $2,000. The price is now trading below $2,100 and the 100 hourly simple moving average. There was a break below a key
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Bitcoin extended losses and even spiked below $30,000 against the US Dollar. BTC is now consolidating and might correct higher towards the $32,000 resistance. Bitcoin started a strong decline below the $33,500 and $32,000 levels. The price is now trading below $32,000 and the 100 hourly simple moving average. There are two important
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The nonfungible token (NFT) collections by Yuga Labs have experienced a dramatic downturn in transaction volume over the past 24 hours. Otherdeed is down just over 50%, Mutant Ape Yacht Club (MAYC) is down 46%, and Bored Ape Yacht Club (BAYC) is down 25% according to data from NFT market tracker
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