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The price of Bitcoin (BTC) is consolidating between $55,000 and $56,000 following the rejection at $61,000. Whale clusters suggest that one key level has to be defended to prevent a drop to the mid-$40,000 region. According to the data from Whalemap, which tracks Bitcoin whale activity, $55,406 is a critical whale
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Key Ethereum Takeaways Ethereum (ETH/USD) looks poised to pursue a bull run towards $2,000 after flipping key resistance levels into interim supports. More tailwinds come from Citi and Goldman Sachs’s latest endorsements for the cryptocurrency sector. Volatility in the US government bond market continues to pose risks to rally. Ethereum prices surged on Wednesday,
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While Bitcoin tops the $50,000 milestone with strong bullish momentum, altcoins are not far behind. Interestingly, so far in 2021, the altcoin market has outperformed Bitcoin with a staggering 150% surge in the altcoin market cap.The overall crypto market cap has hit an important milestone moving past $1.5 trillion for
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Only one major ETF was trading at volumes slightly higher than the BTCetc ETP in the first 11 days of January, says the FT. Source
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The cryptocurrency market has recovered after a Sunday-Monday crash this week. The recovery is associated with the developments in the US and the drop of the US Dollar overnight.Cardano is one of the coins to watch as there are signs of a bullish continuation. As seen on a 4H chart
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Bitcoin has been on a tear throughout the past few weeks, with its price action heating up as bulls try to flip $40,000 into a support level If the crypto continues holding above this previous resistance, it could allow for significantly further upside in the days and weeks ahead One analyst explained
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Bitcoin looked to end its first official week on a strong note as its price claimed another record high this Friday. The benchmark cryptocurrency soared above $41,000 for the first time since its inception, hitting an all-time peak of $41,499 before correcting lower. Its gains appeared shortly after the European equities
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Bitcoin has seen some wild price action today, setting new all-time highs before facing a 10% pullback that
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Bitcoin (BTC) is currently approaching $40,000 after seeing massive gains in the first seven days of 2021. This is a 100% move up from the previous all-time high in December 2017. In other words, the price levels it took Bitcoin three years to recoup have now nearly doubled in a
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Ripple is struggling to settle above $0.5000 and slowly declining against the US Dollar. XRP price must stay
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