Chainlink (LINK) has by far been one of the most bullish cryptocurrencies throughout both 2019 and 2020, with the crypto rallying to highs of nearly $5.00 in mid-February, which is around when the aggregated market lost its momentum and began to crater. This market-wide downtrend has proven to be devastating for virtually all cryptocurrencies’ market…
DetailsThe Thursday before last were arguably some of Bitcoin’s worst days ever; the crypto asset saw a 40% loss, which was the second-largest percentage collapse in BTC value in a day, second only to the Mt. Gox meltdown. At the drop’s worst, the cryptocurrency was down 50% in a single 24-hour period, falling from $7,700 to…
DetailsLike other markets, Bitcoin has been hard over the past few weeks. From the $10,500 high established in February, BTC has fallen by 41%, now trading at $6,200 as of the time of this article’s writing. Despite this downturn, a prominent macro analyst expects the cryptocurrency to soon rally above its previous all-time high. BTC…
DetailsBitcoin and the crypto market have been firmly caught in the throes of immense volatility over the past several days and weeks, with Bitcoin’s sharp swings leading altcoins like Ethereum to follow suit and incur some notable volatility. Ethereum, which recently experienced a strong upswing, has erased a portion of these recent gains, and is…
DetailsBitcoin saw a sharp upwards movement earlier today that allowed the cryptocurrency to surge as high as $6,900, with this rally leading major altcoins like Ethereum to follow suit and further extend the momentum that was first incurred early yesterday. Analysts are now noting that today’s rally allowed ETH to break above a key technical…
DetailsLast week, Bitcoin plummeted from $7,500 to $3,800 at the extreme point of the low, as a result of a coronavirus panic-induced selloff combined with a liquidity crisis and potential DDoS attack on BitMEX that created a cascade of liquidations driving the price of Bitcoin down at a rapid rate. But rather than clean up…
DetailsAfter a three-day rally from $5,400 to $6,900, Bitcoin has been dealt a significant blow by bears, who just minutes ago pushed the cryptocurrency under $6,000 after the 28% rally that some argued was a precursor to a bull trend. As it stands, BTC trades at $5,800, 16% below the local top. Although a bearish…
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Over the past few days, Bitcoin saw some bullish price action for the first time in weeks. This rally took the asset as high as $6,900, up 80% from the $3,800 bottom seen last week and up 28% from the $5,400 baseline. Unfortunately, it ended abruptly just hours ago, with the cryptocurrency seeing a strong…
Details2020 has been a turbulent year for Bitcoin and the aggregated cryptocurrency market, with the benchmark digital asset rallying to highs of $10,500 before facing a massive selloff that led its price to crater to lows of roughly $3,800. This capitulatory selloff has been followed by an intense rebound over the past few days, which…
DetailsNo one was spared in last week’s crypto crash, during which Bitcoin fell 50% within a 24-hour time period. According to an exclusive report published by industry outlet The Block on Friday, Adaptive Capital, a crypto fund headed by Murad Mahmudov and included partners such as Willy Woo and David Puell, is shutting down after…
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