Google Trends can be a helpful tool to watch to spot sudden changes in crypto market sentiment. For example, searches for Bitcoin peaked back in 2017 when the asset ballooned to $20,000 before the bubble popped. Nearly three full years later, search queries for the term “buy crypto” has reached the highest level since the…
Ethereum has been one of the best-performing assets in 2020, bar none. It beat Bitcoin, gold, stocks, and other assets in the best return on investment, had the $1,200 stimulus check be entirely invested in assets. But after today’s 10% intraday drop, the top-ranked altcoin is at risk of closing the daily with a bearish…
The total crypto market capitalization is up over 80% year to date, adding a staggering $155 billion in just eight months. The major boost from both Bitcoin and altcoins has brought the total market cap to $432 billion – a level that hasn’t been revisited since April 2018, when the bear market first began. Is…
Following Bitcoin, Ethereum, and other top cryptos lower, Compound (COMP) has shed 9% in the past 24 hours., the asset now trades at $180, lows not seen in over a week. COMP’s -9% performance in the past 24 hours makes it one of the worst-performing digital assets of that time frame. For context, Bitcoin and…
Bitcoin has been rocketing over the last several weeks, along with the rest of the cryptocurrency market. Most assets are up over 80% on average since the start of 2020. However, an unorthodox and unusual financial forecasting tool could indicate that a major trend change is playing out across markets, with the turning point taking…
Chainlink’s bullish momentum hit a brick wall at $20 per LINK token, causing the previously unstoppable asset tumbling by as much as 25% in two days. After over 5,000% returns over the last two years, profit-taking may have only just begun. Now that Chainlink has started to fall, how deep can the correction go? 25%…
Chainlink (LINK) has finally undergone some price weakness after a record-setting rally. The asset plunged 20% in the span of 30 minutes according to data from TradingView.com. The asset moved from just shy of its local highs at around $18.80 to a low of $14.50 in the span of that 30 minutes. The data suggests…
EOS has surged 15% in the past 24 hours, making it one of the best-performing cryptocurrencies in the top 20 aside from Chainlink. The cryptocurrency, with this latest rally, is reaching multi-week highs. While the ongoing move is still nascent, analysts think that EOS has fuel to surge even higher in the weeks ahead. The…
Stellar Lumens (XLM) has retraced against Bitcoin over recent days, failing to follow other leading altcoins higher. Indicators suggest the altcoin may soon outperform Bitcoin — a sentiment in line with those shared by crypto traders. Related Reading: “Rich Dad Poor Dad” Author: Bitcoin Could Soon Become the “Fastest Horse” Stellar Lumens Could Bounce Against Bitcoin…
Bitcoin and major altcoins have been breaking out all across the crypto space. Several other top altcoins across the top 100 by market cap also saw strong rallies, but a handful of top altcoins like Tron and Litecoin have lagged behind. Chart patterns had shown similar price action as other alts ahead of major breakouts,…