The first quarter left bitcoin under stress as it gave up all its early yearly gains to the fast-spreading Coronavirus pandemic. As of March 31, 23:59 UTC, the cryptocurrency was down by 10.53 percent to $6,424.35 on Coinbase crypto exchange. While bitcoin did not behave like a safe-haven in times of extreme market stress, two…
DetailsAfter plunging towards $6,200 after the monthly candle close, Bitcoin has rallied hard, gaining 5% in the past two hours alone ahead of the daily close arriving in approximately 90 minutes. As of the time of writing this article, the cryptocurrency sits at $6,575, just a smidgen shy from $6,600. What are analysts thinking about…
DetailsAfter a period of facing some downwards pressure, Bitcoin bulls have been able to step up and lead the crypto higher, pushing it back into the mid-$6,000 region. This recent price action seems to indicate that both bulls and bears have reached an impasse, as neither have been able to garner any decisive momentum in…
DetailsSince NewsBTC’s last market update, Bitcoin has continued to rip higher, recently hitting $6,750. With this, the cryptocurrency is up nearly 9% from the daily lows around $6,200, and up over 16% from the weekend lows at $5,800. Although not on the same magnitude, many have likened Bitcoin’s recent price action to the 25% surge…
DetailsEthereum is trading with a bullish angle and it recently surpassed the $135 resistance against the US Dollar. ETH price is likely to continue higher towards $145 and $150. Ethereum is up more than 3% and it broke the main $135 resistance against the US Dollar. The price is now trading in a bullish zone…
DetailsRipple is rising steadily from the $0.1680 support area against the US Dollar. XRP price is likely to rally 3%-4%, similar to the recent move in bitcoin and Ethereum. Ripple price is slowly gaining bullish momentum above the $0.1720 level against the US dollar. The bulls are likely aiming an upside break above the $0.1780…
DetailsBitcoin is up more than 4% and it broke the key $6,500 resistance area against the US Dollar. BTC price is forming a solid bullish trend and it could soon rally towards $7,000 or $7,200. Bitcoin started a fresh increase after testing the $6,200 support area against the US Dollar. The price is up close…
DetailsBitcoin prices plunged sharply over the first three months of the year as concerns about the global coronavirus pandemic and its impact on the economy grew. The benchmark cryptocurrency closed the year’s first quarter at a 10.53 percent loss, trading at circa $6,424 on Coinbase as the marked headed into April session. At its lowest,…
DetailsAfter months of consecutive decline and downtrend, XRP may be finally ready to stage a full recovery. The third-largest cryptocurrency by market cap has triggered a very important and accurate buy signal on monthly timeframes – the first time the signal has appeared throughout the entirety of the bear market thus far. XRP Monthly Price…
DetailsEthereum and the aggregated cryptocurrency market has seen a slight selloff overnight that was catalyzed by Bitcoin’s decline to the lower $6,000 region. This plunge has not impacted ETH in the same way it has other altcoins, as the crypto is currently significantly outperforming the market. One analyst is now noting that there are a…
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