Crypto markets have been pounded again as a red Friday rout sees $15 billion more leaving the space. Nearly all digital currencies are in a world of pain, plunging to their lowest levels in almost 18 months. Bitcoin has led the drop when it fell through support and hit a 2018 low of $3,400 a…
Crypto markets plunging perilously low; Bitcoin Cash and EOS collapsing, Bitcoin SV climbing the chart. The slow selloff that has been happening all week has accelerated today as crypto markets crash to their lowest levels of 2018. Over 12% has been dumped resulting in a $15 billion plunge to below $110 billion market capitalization, a…
Cryptocurrency markets falling back mid-week; Bitcoin Cash is evaporating, and EOS melting while Waves rides high. Markets are continuing to fall back as the week goes on and the general trend since the weekend has been downwards. Gains that are made do not last long and total market capitalization is back around the $125 billion…
Key Points Bitcoin cash price broke the $170 and $165 support levels plus extended losses against the US Dollar. There is a major bearish trend line formed with resistance near $168 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently under a lot of pressure and it could…
Key Points Bitcoin cash price is currently consolidating and it could decline below $160 against the US Dollar. There is a major bearish trend line formed with resistance at $190 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is struggling to break the $190-200 resistance area and it could…
Key Points Bitcoin cash price remained below the $200 resistance and corrected lower against the US Dollar. There is a major bearish trend line formed with resistance near $193 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could consolidate in the short term below $195 and $200 before the…
Bitcoin Cash (BCH) remains bearish on Friday as the vortex adjoining last week’s controversial hard fork continued to inject the market with negative sentiments. The BCH/USD, after aggregating market cap of the original BCH and the forked Bitcoin ABC, is trading at 206.79, down 6.57 percent from its intraday high at 221.34. The pair in…
Following a turbulent week for the cryptocurrency markets, most major cryptocurrencies have fallen even further today, and analysts now believe that there is more room to fall for Bitcoin and Ethereum. At the time of writing, Bitcoin is trading down over 4% at its current price of $4,300. Over the past few days Bitcoin has established…
When a blockchain forks, the new chain is often seen as an improvement over the existing one. The loyalties of the developers and crypto communities may be divided, but failure to come to consensus will result in a forked chain. Stress Test Breaks BSV This is exactly what happened to Bitcoin Cash last week and…
Almost $20 billion has been lost in 24 hours; Bitcoin Cash is dying, its Big Brother not far behind. Yesterday’s crypto free-fall has continued unabated sending all cryptocurrencies to their lowest levels for well over a year. Total market capitalization is back to August 2017 levels making the end of year crypto surge feel like…