Bitcoin has undergone a strong correction since the $24,300 highs seen this past weekend. The leading cryptocurrency currently trades for $22,600 though fell as low as $21,800 around 24 hours ago. BTC is down 5% in the past 24 hours. Bitcoin is outperforming most cryptocurrencies, which appear to be plunging as a result of a…
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Ripple started a major decline after it broke the $0.5300 support against the US Dollar. XRP price is now trading well below $0.5000 and it could continue to move down towards $0.4200. Ripple started a strong decline from well above the $0.5300 support zone against the US dollar. The price is now trading well below…
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Ethereum started a sharp decline from well above $650 against the US Dollar. ETH price settled below the key $635 support zone, which may now act as a resistance in the near term. Ethereum started a fresh decline and traded below the $620 and $630 support levels. The price is now trading well below $630…
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Bitcoin price started a downside correction below the $23,000 support against the US Dollar. BTC is likely to decline again as long as it is below $23,500 and the 100 hourly SMA. Bitcoin started a fresh correction and traded below the $23,500 and 23,200 support levels. The price is currently trading well below $23,500 and…
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Bitcoin is trading at over $20,000, but the start of what might be the first real correction since the uptrend first began could be forming. However, looking more closely at the DXY Dollar Currency Index, the leading cryptocurrency by market cap could be in for another extended bear phase if a fractal on the dollar…
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Ethereum (ETH) and a majority of other large-cap crypto assets have faced strong corrections over the past day. Per CoinGecko, BTC is down 2.5% in the past 24 hours alone, falling from the $24,000 region to $22,800 as of this article’s writing. Ethereum alone is down 5% in the past 24 hours, falling from the…
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Bitcoin is well above its former all-time high, but the “alt season” where altcoins explode in value relative to the top-ranked cryptocurrency has yet to arrive. BTC dominance, a metric weighing all other crypto assets against Bitcoin is facing a pivotal monthly close that could jeopardize any chances of a greater altcoin market recovery. Here’s…
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Ethereum has seen some notable downwards momentum over the past several hours that has caused its price to erase the gains that came about during the latest leg higher Where it trends in the mid-term should depend largely on whether or not buyers can stop it from falling below one key price region This price…
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After Bitcoin, the top-ranked altcoin, Ethereum, and the rest of the altcoin category have yet to set a new all-time high beyond the peak set in late 2017 and early 2018. Early signs that Bitcoin’s bull market was brewing was tipped off by a slow and steady increase in BTC address activity, and now that…
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The traditional finance world is facing its stiffest challenge yet with cryptocurrencies. Bitcoin is beating gold and stocks as the best investment of 2020, and the emerging DeFi space has left big banks at the brink of extinction. Innovation is happening at such a rapid rate that even some of the top tokens over the…
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