With Bitcoin surging past $20,000, altcoins like DOT (Polkadot) have been riding the broader crypto rally which started since the beginning of 2023. According to CoinGecko, the token is trading at $5.94, and has risen by more than 12% in the past 24 hours and 33% in the weekly. This was caused by market optimism…
At its current price of $1,408, investors and traders are hopeful that the market bottom is finally here for Ethereum. Analysts are observing that Ethereum is at its key resistance level, poised for a breakout as the Consumer Price Index (CPI) data was released Thursday. This rally by Ether – which is up 13% in…
On-chain data shows that altcoin volume dominance is now at the highest level since January 2021, while Bitcoin’s is at its lowest. Altcoin Dominance By Volume Recently Touched A High Of 64% As pointed out by an analyst in a CryptoQuant post, Bitcoin’s dominance is just at 16% now. The “dominance by volume” is an…
The crypto market has evolved from the unending devastating bear market to a more green and overwhelming market. Cryptocurrencies are moving from the initial stagnant, and lower lows state to a rallying to the top. Among the number of cryptocurrencies moving upward and making significant higher highs is Bitcoin, the largest crypto by market cap.…
Polkadot (DOT) has ushered in the first week of 2023 on a strong note, rising 8% in the last seven days, data from Coingecko shows, Wednesday. The ecosystem itself has been very bullish recently, following the trend of the crypto market. According to Polkadot Insider, who posted an on-chain update of the ecosystem, Polkadot is…
Chiliz (CHZ) started off 2023 by putting together a 20% increase in its value during the first five days of the year. This strengthened the hopes of the holders of the crypto that it might have a strong bullish rally this year as opposed to the consistent downtrend it had experienced over the last two…
Solana (SOL) has been included in the top cryptocurrencies to watch out for this week of finance and crypto-focused site Investopedia. This no longer comes as a surprise considering that at one point during the last seven days, the digital asset, which was pulled all the way down to $9 towards the end of December,…
The crypto market is in another full recovery mode and bitcoin has since crossed the elusive $17,000 price level. However, while the largest digital assets in the space are seeing a lot of green, one underdog is taking the space by storm. GALA is right at the top of the list of gainers for the…
The crypto market has been very bullish in the past week as the turn of the year sparked positive investor sentiment for the industry, especially to our top 5 crypto to watch this week. Since January 1st, the total market cap of crypto rose by 8.25% which shows a complete reversal of investor sentiment on…
After weeks of stagnancy and falling to new lows, the crypto market has been in a bullish trend in the past few days. Alongside it is Cardano (ADA) following suit in the same direction of the upward movement. ADA has spiked by over 15% in the last 24 hours, following the coin’s recent cheerful news,…