XRP, like Bitcoin and many other major altcoins, has cratered over the past several days and weeks, plummeting from 2020 highs of $0.35 to recent lows of sub-$0.10. Although the crypto has since climbed from these lows, the instability of the aggregated market has made it prone to seeing further near-term downside.In spite of its…
The global market meltdown has continued today, with the U.S. equities market plummeting as Bitcoin and most major altcoins also post some notable losses. This decline today led Ethereum to lows of $105, which is where it was able to find some support.Analysts are now noting that there is a critical support region that Ethereum…
Amidst an economic crisis, precious metals like gold and silver often act as a safe haven for capital, while other assets fall in value.However, growing concerns over the coronavirus and a possible recession in the near future have created such hysteria and panic, that not even silver, gold, platinum, palladium and other precious metals are…
Bitcoin has once again found itself caught within the throes of an immense selloff, with the benchmark cryptocurrency plummeting below $5,000 earlier this morning in tandem with the decline seen by the U.S. stock market.This overtly bearish decline appears to have led to the formation of a new trading range, with some traders noting that…
Although all cryptocurrencies have had it tough over the past few weeks, XRP has been hit especially hard. The altcoin, the third-largest crypto asset by market capitalization, fell as low as $0.105 on Thursday from its 2020 high of $0.345 established just weeks earlier, marking a drop of 70%.However, the cryptocurrency rapidly bounced back above…
Following a bout of unprecedented volatility seen earlier this week, Bitcoin has found itself caught in limbo, with its bulls and bears reaching an impasse as the crypto hovers within the lower-$5,000 region.Analysts are now noting that this period of consolidation seen throughout the weekend is due to investors waiting to see how the U.S.…
A dollar invested in Tachyon Protocol’s IPX token at the beginning of March has returned $1.65 by the mid.The newborn cryptocurrency went live on HitBTC on February 25, 2020, the day the crypto market suffered about $12 billion worth of intraday loss. It naturally took a toll owing to the wider selling sentiment, eventually losing…
Bitcoin and the aggregated crypto market have been caught within a bout of extreme turbulence throughout the past several days and weeks, with the meltdown in the traditional markets acting as a catalyst for intense bearishness across all risk-on assets.In the near-term, it is highly probable that Bitcoin will continue guiding the aggregated crypto market,…
Another week, another round of Crypto Tidbits. Last week was almost undoubtedly Bitcoin’s worst week ever. The price of the leading cryptocurrency fell from the weekly high of $9,200 to a low of $3,800, a drop of nearly 60% in a week’s time. Altcoins fared even worse than the market leader, with Ethereum falling as low…
Bitcoin appears to have entered a firm bout of sideways trading in the time following its recent volatility – which led the cryptocurrency to plummet from highs of $8,000 to lows of $3,500, before climbing back up to the mid-$5,000 region.Analysts are now noting that the resolution to the cryptocurrency’s ongoing bout of rangebound trading…