Ethereum dropped from a daily high of $488 to a low of $420, marking a 15% decline. ETH has since recovered a bit and it currently trades at around $445. Against Bitcoin, the cryptocurrency found solid support at a steeply rising trend line and quickly rebounded during today’s price drop. ETH/USD – Ethereum Rolls Over...Read More
Bitcoin briefly jumped to above $12,000 but has retraced since then. In the last few hours, the entire market appears to be taking a break. Bitcoin Tested $12K To No Avail The past 24 hours have been rather impressive for the cryptocurrency field, with the entire market cap gaining over $13 billion from yesterday’s bottom...Read More
The crypto industry is scrambling to find a solution for the unfeasibly high gas fees that make smaller transactions on the Ethereum network financially unviable. The 2020 DeFi boom and explosion in yield farming platforms have strained the Ethereum network so much that whales and minnows alike are now fighting for block space to get...Read More
Bitcoin continues to improve its position slowly and is currently hovering above $11,900. However, double- and even triple-digit price pumps from lower-cap alts continue to decrease BTC’s dominance to a yearly low of beneath 57%. 2-Year High For ETH, Sushi Enters Top 100 Ethereum doubles-down on its recent price pump with another 10% increase. ETH...Read More
Ethereum surged by a substantial 10% surge over the weekend as it hit a high of $440 today. The cryptocurrency broke above the previously highlighted pitchfork on the 4-hour chart. Additionally, Ethereum penetrated above a falling price channel against Bitcoin over the weekend. ETH/USD – Bulls Re-Test 2020 Highs Key Support Levels: $420, $408, $400.Key...Read More
Bitcoin continues to increase in price slowly and is currently hovering at $11,650. Larger-cap altcoins are in the green as well, as Ethereum’s 4.5% increase has taken ETH to $420. Altcoins On The Move The top ten cryptocurrencies have been recovering since last week’s dumps, and most of them have marked gains in the past...Read More
Bitcoin seems stable after recovering from its drop to $11,100 and trades above $11,500. However, massive gains are evident among lower-cap alts and DeFi tokens, including YFI that doubled BTC’s all-time high. As such, Bitcoin’s dominance over the market has decreased by over 1%. YFI To $40k, Low-Caps Surging It’s no secret that the DeFi...Read More
Following a few days of adverse price movements, most of the cryptocurrency market is recovering and is in the green today. Bitcoin is up to $11,500, Ethereum is trading above $400 for the first time since Tuesday. Even more impressive gains are evident from the lower-cap alts. Bitcoin Back Above $11,500 The primary cryptocurrency saw...Read More
Bitcoin Bitcoin saw a small 4% price drop this week as it headed into the $11,300 support (downside 1.272 Fib Extension). During the week, the coin broke beneath the August rising trend line. The bulls attempted to recover, but the previous support flipped into resistance and the buyers failed to overcome it. On Tuesday, Bitcoin...Read More
Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at. Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins by market cap. Bitcoin Spikes...Read More
Ethereum had dropped 5% on the weekly. However, there is strong support built upon the $380 area. The last time ETH daily closed below $380 was 2.5 weeks ago. Overall in August, ETH is mainly trading in the range between $380 – $400 and must break this range to dictate the next direction for the...Read More
The cryptocurrency market has lost $20 billion from its market capitalization, as the majority of cryptos in the red over the past 24 hours. Bitcoin’s current weekly low is at $11,100, while Ethereum reached the target of $370 as predicted by CryptoPotato. The giant blockchain, Polkadot, is trading around $5.40 after the DOT token was...Read More
Ethereum marked another failed attempt to overcome the $400 resistance. From there, the way to below $390 was quick. The cryptocurrency has been declining since ETH hit a 2-year High at $450 last week. Against Bitcoin, Ethereum attempted to break the 0.035 BTC resistance today but got was rejected and now facing a huge support...Read More
After a relatively calm weekend without any major price developments and following a retest of the $11,400 support on Friday, Bitcoin slowly recovers. It is currently trading around $11,700. Large-cap altcoins follow Bitcoin as ETH getting closer to $400 once again. After Friday’s crush, this is the day of the low-caps altcoins. Contrasting Altcoin Moves...Read More
Ethereum dropped by a total of 9% over the past week as it breaks beneath $400, currently marking $380 – $382 as a critical defensive wall before a further downside price action. Despite this price decline, Ethereum remains mid-term bullish within the August trading range of $438 and $363. Against Bitcoin, Ethereum penetrated beneath the...Read More
Bitcoin and most large-cap altcoins have recovered from yesterday’s price dives. However, most altcoins are still far from their last week’s all-time highs. Bitcoin Back To $11,600 The largest cryptocurrency by market cap dipped to the $11,400 support following another unsuccessful attempt to reclaim $12,000. The nosedive seemed somewhat steep, and speculations rose that BTC...Read More
Most of the cryptocurrency market is in red today. Bitcoin tanked to $11,400 briefly, but large-cap alts are losing more substantial chunks of value, thus helping BTC to reclaim some ground in terms of market domination. Bitcoin Drops Further BTC looked promising yesterday as the asset headed for another face-off with its well-known nemesis at...Read More
Bitcoin Bitcoin continued its sideways movement this week as it remained around the $11,600 level. However, during the week, the cryptocurrency did push higher as it penetrated above the $12,000 resistance to reach the $12,400 level. Unfortunately, it was unable to sustain these highs as it rolled over to fall beneath $12,000 at the start...Read More
The cryptocurrency market has recovered from some of the losses it registered in the past few days. Bitcoin is up by 1%, while some altcoins are marking impressive double and even triple-digit gains with OMG Network leading the pack. Altcoins With Massive Moves The altcoin market became accustomed to significant fluctuations, and the past 24...Read More
Ethereum dropped since hitting the 2-year high at $438 over the weekend to reach $413. The coin spiked beneath $400 yesterday but found reliable support at $396. Against Bitcoin, Ethereum dropped from the 0.0371 BTC resistance to reach support at 0.0347 BTC (.236 Fib Retracement). ETH/USD: Momentum Reaches A Period Of Indecision Key Support Levels:...Read More
Bitcoin has further declined to $11,750, while most of the larger-cap altcoins continue to bleed out with Ethereum close to testing $400. Lower-cap alts chart some notable performances in both directions. Bitcoin Dips To $11,750 The primary cryptocurrency attracted the community’s attention a few days ago when it reached a new yearly high of over...Read More
Bitcoin’s run above $12,000 was short-lived as the asset has tanked by 4% in the past 24 hours to $11,800. However, BTC’s dominance over the market has increased slightly as most altcoins have plummeted as well. Bitcoin Fails To Stay Above $12K Bitcoin’s latest attempt to conquer $12,000 seemed successful at first glance, unlike the...Read More
Ethereum started to move sideways after hitting the August 2018 highs at the end of last week. The coin hasn’t been able to overcome this level since the weekend, despite Bitcoin surging above $12,000 again. Against BTC, Ethereum dropped from the 0.0371 BTC resistance to reach support at 0.0347 BTC (.236 Fib Retracement). ETH/USD: $438...Read More
Bitcoin has responded to the rising altcoins and just pumped to a new yearly high of over $12,400. By doing this, the primary cryptocurrency has increased its dominance over the market after reaching a new yearly low earlier today. Bitcoin To $12,400 and Beyond? As CryptoPotato reported earlier, Bitcoin stood still at $11,800, while many...Read More
Bitcoin stays stagnant at around $11,800, as of now, while most large-cap altcoins have calmed down in the past 24 hours. The situation among low-cap alts is radically different. Low-cap Altcoins On The Move Most large-cap alternative coins haven’t shown any significant fluctuations since yesterday. Ethereum is less than 1% down to $425, Ripple (-0.25%)...Read More
Ethereum is slowly losing momentum after recording a 2-year high at $445 earlier this week. Will $400 get confirmed as support before the bulls will continue? Against Bitcoin, Ethereum managed to reach as high as 0.0371 BTC before rolling over to the current 0.0356 BTC level. ETH/USD – Will $400 Get Tested As Support? Key...Read More
Bitcoin took yet another swing at $12,000 but to no avail so far, while Ethereum continues climbing to $440. Macrodata reaffirms the ongoing bull trend as almost all top 100 digital assets have been in the green in the past three months. Bitcoin Not Yet Conquering $12k About three days ago, the primary cryptocurrency was...Read More
Bitcoin (BTC) Bitcoin is more or less around the price it was traded a week ago, but this comes after a raging week as the coin plunged to a weekly low around $11,100. Shortly before, Bitcoin made another push towards the current high at $12,100 (1.272 Fib Extension), for the second time in 10 days....Read More
Bitcoin’s dominance over the market continues to suffer even though BTC has recovered from its dips and trades at $11,750. This is primarily because of numerous impressive alt pumps, including Ethereum, which finally broke above $400 after its significant price surge. Ethereum Over $400, LINK (Another) ATH, Alts Rejoice The second-largest cryptocurrency by market cap...Read More
Ethereum’s native cryptocurrency, Ether has experienced an explosive price action in the last few hours. ETH surged by more than 8 percent to move past the $420 price mark breaking out of a week-long consolidation. Also, the Ethereum based decentralized finance ecosystem just registered a new milestone. The total USD value locked in DeFi hit...Read More
