Bitcoin is trading in a bullish zone above the $7,450 and $7,400 support levels against the US Dollar. BTC might dip a few points, but it remains well bid for a rally to $8,000. Bitcoin is showing a lot of positive signs above the $7,400 and $7,200 support levels. A clear break above the $7,650…
DetailsThe aggregated cryptocurrency market has been caught within a firm uptrend throughout the several days, but XRP has been unable to match the significant gains seen by Bitcoin, Ethereum, and many other major altcoins. This trend is particularly clear today, as the embattled token is only trading up marginally while Ethereum has surged over 4%…
DetailsIt’s only April but 2020 has already been a crazy year: Bitcoin crashed 50% in a 36-hour time frame, the outbreak of COVID-19 has started, the price of oil went negative as recession fears have mounted, and, according to reports, North Korea’s leader is in a condition of poor health, which has sparked a response…
DetailsAfter firmly securing its position within the mid-$7,000 region, Bitcoin’s bulls and bears have once again reached an impasse. This is clear while looking towards the benchmark crypto’s price action seen earlier today, when it raced to $7,800 before diving to under $7,500. This movement formed what is jovially referred to as a “Darth Maul”…
DetailsThe world is going through an unprecedented crisis following the onset of the COVID-19 pandemic. The disruption caused by the spread of this disease has slowed the movement of people as well as goods. However, that doesn’t mean that there is a complete stop of imports and exports of essential goods, foods and medicine as…
DetailsMuch to the chagrin of investors, Bitcoin has formed a close correlation to the traditional markets in recent times that has exposed the cryptocurrency to significant downwards momentum throughout the past several weeks. Although BTC has been able to post some notable gains in recent times as the benchmark stock indices all stabilize, it is…
DetailsEthereum has been able to climb all the back up to its local highs of $190 as its upwards momentum continues to build. This movement has come about after Bitcoin was able to gain a solid foothold above $7,500. Today’s upswing has marked an extension of the rally that Ethereum has been caught within in…
DetailsBitcoin is entering uncharted waters as it trades against a backdrop of global economic turbulence, and so far it has held up surprisingly well – posting year-to-date gains while the equities market continues trading well below where it started the year. It now appears that the “perfect storm” for Bitcoin could be brewing, as two…
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Another week, another round of Crypto Tidbits. Bitcoin has performed extremely well over the past week, managing to rally as high as $7,800, which is a pre-crash level, just the other day in a move that liquidated $70 million worth of short positions. Altcoins have been posting equally as impressive performances, with some actually managing to…
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A popular sentiment that has developed over the past few days is that XRP, the third-largest crypto by market capitalization, is poised to explode higher. Top altcoins, after all, have seen strong performances over the past few weeks, with Ethereum, especially, starting to post notable gains against Bitcoin. Luke Martin, a prominent crypto trader featured on…
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