XRP remained near a multi-month high to start the week, despite cryptocurrency markets mostly tracking lower. The global market cap has fallen by 1.58% as of writing, due to today’s red wave. Litecoin was a notable token to fall, dropping by nearly 5%. XRP XRP, formerly ripple, remained near a multi-month high on Monday, despite […]
Author: Eliman Dambell
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start the Week Lower, as Market Volatility Remains High
Cryptocurrency markets consolidated to start the week, with bitcoin trading below the $27,000 mark during today’s session. Volatility has been significantly higher in the past few days, as the unemployment rate in the United States surged to a multi-month high. Bitcoin Bitcoin (BTC) was trading below the $27,000 level on Monday, as crypto market volatility […]
Biggest Movers: TRX Hits 1-Year High, Following Integration on Ethereum Network
Tron rose to a one-year high to start the weekend, as founder Justin Sun confirmed an integration to the ethereum blockchain network. In a tweet, Sun said, “TRON has now expanded its reach by going live on the Ethereum blockchain by leveraging the BitTorrent bridge.” Tron (TRX) Tron (TRX) was one the biggest movers on […]
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Saturday, Despite Recent Bullish Signals
Bitcoin started the weekend in the red, as markets continued to digest the latest nonfarm payrolls in the United States. Despite payrolls coming in better than expected, the unemployment rate also rose, hitting 3.7%, which is its highest point since last October. Bitcoin Bitcoin (BTC) was mostly consolidating to start the weekend, as traders continued […]
Biggest Movers: ADA Snaps Losing Streak as Nonfarm Payrolls Beat Expectations
Cardano ended a four-day losing streak on Friday, as markets responded to the latest U.S. nonfarm payrolls (NFP) report. Payrolls in May rose to 339,000, which was significantly higher than the expected sum of 190,000. Solana collided with a key resistance level in today’s session. Cardano (ADA) Cardano (ADA) was one of Friday’s notable gainers, […]
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,900, BTC Climbs Above $27,000 Following US Debt Ceiling Announcement
On Friday, bullish sentiment returned to cryptocurrency markets, as the U.S. Senate approved the bill to increase the debt ceiling. Bitcoin rose back above $27,000 on the news, snapping a four-day losing streak. Ethereum neared the $1,900 level. Bitcoin Bitcoin (BTC) snapped a four-day losing streak on Friday, after it was reported that the U.S. […]
Biggest Movers: LTC Breaks Out of Key Resistance Level After Gaining 6%
Litecoin rose by as much as 6% in today’s session, as the token climbed past a key resistance level on Thursday. The move came following several attempts over several weeks, with bulls finally breaking through. Polygon was also higher, ending a recent losing streak. Litecoin (LTC) Litecoin (LTC) was one of Thursday’s notable gainers, as […]
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $27,000 Ahead of US Non-Farm Payrolls
Bitcoin continued to erase last week’s gains on Thursday, as prices dropped for a fourth straight session. The latest decline comes ahead of tomorrow’s non-farm payrolls (NFP) report from the United States. Despite today’s weakness, ethereum remained above $1,800. Bitcoin Bitcoin (BTC) moved below the $27,000 level in today’s session, ahead of Friday’s non-farm payrolls […]
Biggest Movers: SHIB Nears 6-Month Low, Whilst LTC Drops by 4% on Wednesday
Shiba inu moved closer to a six-month low on Wednesday, as sentiment in cryptocurrency markets shifted bearish. Litecoin was another notable token to fall, slipping by over 4% today. The global market cap is currently down by over 2% at the time of writing. Shiba Inu (SHIB) Shiba inu (SHIB) fell below a key support […]
Bitcoin, Ethereum Technical Analysis: BTC, ETH Fall Lower, as US Consumer Confidence Hits 6-Month Low
Bitcoin erased recent gains on Wednesday, as markets reacted to the latest points of U.S. economic data. One of which being consumer confidence, which dropped to a six-month low in May. Ethereum was also lower in today’s session, dropping below $1,900. Bitcoin Bitcoin (BTC) neared a breakout below $27,000 on Wednesday, as markets reacted to […]