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Ethereum’s native token, Ether (ETH), rallied by more than 15% in the first 12 days of October. But, compared to Bitcoin’s (BTC) 30% gains in the same period, the second-largest cryptocurrency is currently in a downtrend when priced in BTC.So far into October (and the fourth quarter of 2021), the
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Ethereum extended its rally towards the $3,650 level against the US Dollar. ETH price is correcting gains, but dips are likely to remain limited below $3,500. Ethereum started a fresh increase above the $3,600 resistance level. The price is now trading above $3,500 and the 100 hourly simple moving average. There was a
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The amount of Ethereum that is being held by miners has reached record levels in U.S. dollar terms as they remain reluctant to sell.The balance held by Ethereum miners is the largest it has been since shortly after the network was launched five years ago. When converted into USD, it
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According to on-chain data, Bitcoin SOPR is still assuming flat values, indicating that investors are likely to not be willing to sell at this level. Bitcoin SOPR Stagnates, Despite Huge Rise In The Crypto’s Price As per a post from CryptoQuant, while Bitcoin’s price shows a sharp improvement as the coin reaches
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Ethereum started a steady increase above $3,250 and $3,300 against the US Dollar. ETH price is now struggling to gain strength above $3,400 and $3,450. Ethereum started a downside correction after it faced sellers near the $3,500 zone. The price is now trading above $3,200 and the 100 hourly simple moving average. There
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Bitcoin (BTC) stayed higher on Oct. 2 after a "fantastic" break to the upside upended market sentiment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes $45,000 BTC price floor Data from Cryptox Markets Pro and TradingView followed eerie calm on BTC/USD after Friday's sudden upside volatility saw $3,000 added in an hour.The classic
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Bitcoin (BTC) revisited weekly lows on Sep. 1 as the new month got underway with a fizzle rather than a bang.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin lingers in "price stability"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $46,530 on Bitstamp overnight, its lowest since Aug. 27.With
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Cryptocurrency exchanges can be considered the Prometheus of the blockchain world. The blockchain to technology and cryptocurrency which was largely confined to high-power systems had now been brought down to the common man. Instead of investing in computer systems that consume a lot of processing power and electricity, people could
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The double-digit rallies seen from many altcoins shows traders are becoming increasingly bullish with the passing of each day, but maintaining this momentum will to some extent depend on Bitcoin's (BTC) short-term price action.Data from Cryptox Markets Pro and TradingView shows that after touching the $48,000 price level during the
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Ethereum is holding gains above the $3,100 support zone against the US Dollar. ETH price could accelerate further higher if it clears the $3,330 resistance zone. Ethereum started a fresh increase and it even spiked above the $3,300 level. The price is now trading above $3,200 and the 100 hourly simple moving
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