The aggregated cryptocurrency market has been caught within a firm uptrend over the past few days, with Bitcoin rallying up to its key resistance in the upper-$6,000 region leading many major altcoins including XRP all posting some decent gains.Although XRP has been able to recapture its key position above its $0.15 support, it has been…
Bitcoin has been able to continue climbing higher today, with the ongoing rebound in the equities market allowing Bitcoin to further extend the momentum that was first incurred last week when the cryptocurrency rallied from the lower $5,000 region to highs of $6,900.The benchmark cryptocurrency is now attempting to re-test these highs, although it remains…
Now that the dust has settled on the historic, record-breaking collapse the cryptocurrency market experienced earlier this month alongside the stock market, gold, and many other traditional assets, Bitcoin and altcoins have begun to recover.But although cryptocurrency prices are recovering across the board, according to the crypto market Fear and Greed Index, sentiment is still…
Bitcoin price has made a strong recovery over the last week or so, nearly doubling in value from the lows it set during the extreme, panic-induced selloff earlier this month.And as price has made a recovery, Bitcoin miners have begun returning to the market, turning back on their rigs, as can be seen by an…
Bitcoin has been firmly acting as a risk-on asset over the past several weeks, with its price closely tracking the movements seen by the U.S. stock markets. This has invalidated its status as a safe haven asset and has made the benchmark crypto prone to seeing massive near-term downside.Although BTC has been moving in tandem…
What a crazy day it’s been for markets thus far. Bitcoin, after falling as low as $5,700 during Sunday’s retracement, rallied as high as $6,650 on Monday morning on the back of news from the Federal Reserve.While a portion of this move has been retraced, with Bitcoin now trading at $6,400 as of the time…
Ethereum saw a slight overnight rally that allowed it to move back towards its resistance within the lower-$130 region. This movement came about in tandem with that seen by Bitcoin, which surged all the way up to highs of $6,700 before reeling back towards $6,000.This recent price action seems to confirm that ETH, BTC, and…
The cryptocurrency market has been in shambles ever since the coronavirus outbreak reached critical levels, however, the panic has been positive for the growth of stablecoins, which have grown by billions in market cap since the selloff first began a month ago.Stablecoins Provide the Only Flight to Safety Amidst Coronavirus CrisisThe cryptocurrency market, like the…
The aggregated cryptocurrency market has firmly entered a bout of sideways trading over the past couple of days, which has come about in the time following the market’s recent upswing seen earlier this week that allowed XRP and other altcoins to gain some decent momentum.It now appears that XRP could be positioned to see significantly…
As reported by this outlet earlier today, the value of Ripple’s XRP has performed so poorly over the past few years that it on March 13th’s flash rash hit “almost three-year lows,” as pointed out by Brave New Coin’s Josh Olszewicz.just now looking at the $XRP chartdidnt realize it hit almost 3 yr lowsdamn pic.twitter.com/aHZVRTn05m—…