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The largest cryptocurrency by market capitalization slid nearly 2% to below $27,300 on news that the U.S. economy added 336,000 jobs in September, almost doubling economist expectations. The losses were short-lived, however, with bitcoin quickly rebounding to just above $28,000. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Wall Street saw a $5.5 trillion market dip in August, while cryptocurrencies faced significant losses, challenging investor optimism. According to Bloomberg, August dealt Wall Street a bruising blow as the markets faced a challenging landscape—underscored by hawkish
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Cardano (ADA) prices show that the bulls are trying to overpower the market to diminish the bearish trend. ADA prices have been lingering steadily at $0.5, and a rejection strung at $0.628. More so, there has been a marked price decline of 7% in the market seen the previous days as
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A 37% November price rally in Litecoin (LTC) risks exhaustion as the “silver cryptocurrency” hints at forming a double top chart pattern.The classic bearish reversal setup appears when the price forms two consecutive peaks of almost the same height, with each upside move meeting with a strong correction toward a common
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Bitcoin (BTC) bears took their pound of flesh last Wednesday. However, was this simply a long-overdue correction that was needed for Bitcoin to continue to rally to fresh highs?Today I’m going to look at the two scenarios that could play out next week.Daily crypto market performance. Source: Coin360.comThe bearish
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