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At 2 A.M. (UTC) time Bitcoin (BTC) price abruptly dropped 5.11% to $9,256 before recovering to trade in the $9,500 range. This followed a previous sudden drop on Thursday after BTC briefly touched $10K to fill the CME futures gap. Crypto market weekly price chart. Source: Coin360Data from CoinMarketCap shows that
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Ripple failed to stay above the $0.2050 resistance and declined recently against the US Dollar. XRP is showing bearish signs and it could decline further below $0.1980 and $0.1960.Ripple traded as high as $0.2066 and recently started a fresh decline against the US dollar.The price is showing many bearish signs
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Recent data from Skew shows that Bitcoin’s (BTC) implied volatility plummeted after yesterday’s halving occurred. Generally, volatility is at the heart of any professional trader as it measures daily average price oscillations and gives insight into market conditions. As previously reported by Cryptox, Bitcoin’s halving event tends to increase volatility due
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Bitcoin's third halving, the network's quadrennial landmark and the most anticipated event this year in the cryptocurrency industry, has finally happened.Miners racing on the network to compete for freshly minted bitcoin produced the 630,000th block at 19:23 UTC on May 11, which triggered the programmed halving event, marking another milestone
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Bitcoin fell sharply on Sunday, triggering the highest long-short liquidations on crypto derivatives exchange BitMEX for the past two months. The top crypto by market cap fell by over 8.5% – its biggest single-day drop since March 12, when prices crashed nearly 40%, according to CryptoX’s Bitcoin Price Index. The decline could
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Bitcoin halving is expected to happen in 7 days and analysts have very different opinions on possible BTC price movements after the event. It said that the price may drop.Even though we were witnessing Bitcoin rally in the last few days, it seems that we came to the history repeating
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Bitcoin has again rallied sharply in the weeks leading up to its impending halving event. But if historic patterns are anything to go by, the cryptocurrency could suffer a temporary price pullback following the supply-altering event. The top cryptocurrency by market value has risen by over 130% since bottoming out at
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The Bitcoin (BTC) block reward halving is set to occur on May 12 and traders have mixed opinions on the direction of BTC price following the event. Some believe that a “sell the news” type drop will occur after the event while others foresee bullish continuation.If BTC, the top listed
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Bitcoin is struggling to gain bullish momentum above $9,200 against the US Dollar. BTC price is currently declining and it could continue to slide towards $8,400 or $8,200.Bitcoin is facing an increase in selling pressure below $9,200 and $9,000.The price is trading below the 100 hourly simple moving average and
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Bitcoin is up again Friday as losses are seen in U.S. stocks futures.Following a rise of 23% over the last two days, though, the rally looks overstretched and the gains may be short-lived.At press time, the biggest cryptocurrency by market value is trading near $8,860, representing a 2.8 percent gain
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