Data from the CoinMarketCap platform shows that the majority of the altcoins on the top-ten list have been demonstrating an upward move, as the market has turned green.Top 10 are rising, while LINK and DOGE are in declineThe coins that have shown the biggest rise so far are Bitcoin Cash (BCH), Bitcoin SV (BSV) and […]
At the end of the working week, the crypto market shows a moderate decline, which has the potential for intensifying. The Bitcoin’s sideways price trend remains in place, which is both good and bad news. A decrease in trading volumes to $15 billion indicates that the current levels are not interesting for most players to […]
Bitcoin is still consolidating with no clear direction in sight, but some alternative cryptocurrencies like Chainlink’s LINK token and Aave’s LEND are soaring. Bitcoin, the leading cryptocurrency by market value, is trading near $9,240 at press time, representing moderate losses on a 24-hour basis.The cryptocurrency has spent a better part of the last two months trading […]
For many investors crypto trading remains a rags-to-riches affair where inexperienced investors hope to strike it rich by buying the cheapest priced altcoins like many novice traders did in 2017.Currently, the majority of traders do not expect Bitcoin (BTC) to pump 50% or more in a single week as $18,400 seems rather infeasible. On the […]
Chainlink set a new all-time high and has gone parabolic. Dogecoin has gone viral. Even XRP is pumping. The crypto space is clamoring that altcoin season is finally here. However, sell signals appearing on the price charts of numerous alts suggest otherwise. Is alt season already over before it officially began?Altcoin Season ExplainedBitcoin and altcoins exploded […]
In the past few sessions, bitcoin price traded in a broad range above the USD 9,000 support and below the USD 9,300 resistance. The current technical structure suggests that BTC could be preparing for a fresh increase above the USD 9,200 and USD 9,300 resistance levels.Similarly, most major altcoins might follow bitcoin if it breaks […]
Last week, Bitcoin price fell from a high of $9,800 to a low of $8,900. Ethereum fell over 10% from $248 to $215. But while these top crypto assets tanked, several small-cap altcoins not only surged but set records for a new all-time high. What’s causing these underdog altcoins to rally while major crypto assets continue […]
A brutal drop in altcoins may be coming if the bottom of a two-year-long bullish channel holds in Bitcoin dominance. If it breaks down, however, altcoin season may finally be here.Why Bitcoin Dominance Matters In The Cryptocurrency MarketBitcoin was the first-ever cryptocurrency, designed by Satoshi Nakamoto. In its likeness, all other cryptocurrencies were then created, sparking […]
A recent increase in trading on exchanges that are more geared towards speculative altcoins may be a sign that it is once again time for altcoins to shine, according to crypto research firm Coin Metrics. In their recent report, the firm said that exchanges that typically offer trading in coins that are in the more volatile end of […]
As Bitcoin staged a remarkable rebound of 150% from its March 2020 lows, most of the altcoin markets rallied in similar trends to hit new recent highs. Ethereum, EOS and Ripple have all moved higher, even outperforming the top cryptocurrency in the lead up to its halving. However, Bitcoin’s recent struggles above $9k and subsequent drop […]
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