The Bitcoin correlation with the macro markets reached new highs in 2022. This saw the price of the digital asset, and the entire crypto market by extension, follow the movement of the stock and equities market very closely. There were forecasts that the cryptocurrency would begin to decouple from the macro market as time went…
Bitcoin price remains stuck below its former all-time high set five years ago. The shocking decline has been one of the worst crypto winters on record, and the market is bracing for continued meltdown. However, a series of on-chain indicators in BTC could provide clues to how close we are to a bottom. Let’s take…
Quant is showing a strong push in the face of struggles in the crypto space as it doubled (and added some more) its 14-day price pump. Quant outperforms Bitcoin and Ethereum in terms of 14-day and 30-day price increases QNT is down by almost 10% over the last 24-hours but is still up by almost…
Monero (XMR), an open-source cryptocurrency first focusing on privacy and decentralization, managed to initiate a price pump despite the greater majority of crypto space struggling to get out of the red zone. Monero managed to bounce back twice from its support range of $134.5 XMR remains “in the green” for its intraday, weekly and monthly…
Bitcoin price corrected lower below the $19,500 level against the US Dollar. BTC remains in a key range and trading above the $19,000 support zone. Bitcoin failed to gain strength above $19,600 and corrected gains. The price is trading near $19,250 and the 100 hourly simple moving average. There was a break below a key…
Bitcoin and Ethereum outflows from centralized exchanges have been pointing toward a growing accumulation trend among investors. This saw billions of dollars worth of coins leaving exchanges weekly as investors moved them out. Even now, the exchange outflows have continued despite the recovery in the price of bitcoin and Ethereum, showing that investors are not…
In this episode of NewsBTC’s daily technical analysis videos, we are once again examining a possible expanded flat correction in Bitcoin. Once the correction has completed, the bull market could resume. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 18, 2022 In addition to the video highlights listed below the video,…
Cardano is somehow keeping in-step with cryptocurrency frontrunners Bitcoin and Ethereum, sitting on price increase on its intraday chart. Cardano failed to hold the $0.41 crucial support range and settle to the new support marker of $0.36 ADA is forecasted to trade from $.0403 to $0.416 in the coming days Cardano addresses grow despite bearish…
Ethereum, dubbed as the “king of all altcoins” and the second largest cryptocurrency in terms of market capitalization, managed to trim its recent losses as it continues to struggle in this extended crypto winter. According to tracking from Coingecko, Ethereum is changing hands at $1,332.18, going up by 2.1% over the last 24 hours and…
Ethereum, dubbed as the “king of all altcoins” and the second largest cryptocurrency in terms of market capitalization, managed to trim its recent losses as it continues to struggle in this extended crypto winter. According to tracking from Coingecko, Ethereum is changing hands at $1,332.18, going up by 2.1% over the last 24 hours and…