Cryptocurrency Analysis and News Portal
Bitcoin (BTC) put in an early end-of-year flourish on Dec. 31 as an upward boost saw BTC/USD retake $48,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOptions expiry fadesData from Cryptox Markets Pro and TradingView showed BTC/USD abruptly gaining over $1,500 in a single hour on Friday.A refreshing counterpoint to several days of
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The cryptocurrency is currently trading marginally lower on the day near $57,300, having earlier touched a five-month high of $58,500. It is up 30% this month, though, buoyed by increased expectations that the U.S. Securities and Exchange Commission will soon approve a futures-based bitcoin exchange-traded fund (ETF). Source
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Bitcoin (BTC) price reacted as high as $44,600 on Aug. 7, the highest level since before the infamous May 19-crash. Meanwhile, there are increasing speculations that BTC could undergo a similar upside boom like the one that began in October 2020.Bitcoin reached $44,600 before correcting lower on profit-taking sentiment. Source:
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Payments-focused cryptocurrency XRP jumped to over two-month highs on Monday.The move more than reversed the late-December price slide triggered by legal troubles at the San Francisco-based payment protocol developer Ripple Labs, which has close ties to the digital asset. XRP rose to a high of $0.6836 during the European trading hours,
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The sharp correction that has rocked the crypto market since Feb. 23 continued through Feb. 27 as Bitcoin (BTC) price dropped nearly 8% to a daily low at $8,531.Markets pricing in Coronavirus impactAt the opening bell, equities markets recovered some of the losses of the previous two days but
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Sandeep Nailwal, chief operating officer and co-founder of MATIC Network, trashed allegations of manipulation and assured investors that his team had nothing to do with the price drop. He backed up his claim in a tweet noting that a majority of tokens are still in MATIC’s foundation address and that the
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Bitcoin is looking south after erasing three-quarters of the price rally seen in October. The bearish mood comes as the U.S. equities market is soaring in the opposite direction. Source
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