Bitcoin has slowly declined over the past few days. The price got rejected at the 100-day moving average line twice last week, and now the 100-day and 50-day moving average lines turned into heavy resistance levels. In addition, the $40k level is also acting as a significant static resistance level,...
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin (BTC) continued to trade around $40,000 on Monday after flat performance over the past week. It appears that buyers are starting to return, which typically occurs during the...
Yesterday’s FOMC meeting had a positive impact on most of the crypto market, with bitcoin spiking toward $40,000. Most altcoins are also in the green. Cardano, Solana, Polkadot, and Avalanche are among the best performers. Bitcoin Touched $40K Ever since last week’s rejection at above $40,000, the landscape for the...
Crypto is mirroring stock markets’ gains again today, with Wall Street’s sharp climb after opening higher likely to provide further impetus for Bitcoin. Last Friday, the crypto market saw a significant decline correlating US Indexes. Bitcoin and Ethereum, the major players in the crypto market, gained 2% in the past...
Bitcoin failed again at overcoming $40,000 and has returned to even below $39,000. The majority of the altcoins are also in the red once more, but ApeCoin continues to defy the odds ahead of its highly-anticipated Otherside sale. Bitcoin Struggles Below $40K On April 25, bitcoin initiated an impressive leg...
Bitcoin tried its hand at $40,000 yesterday but was quickly stopped in its tracks and now sits below it. ApeCoin went on to register yet another all-time high amid the growing anticipation for Otherside, while Nexo soared by double digits following a listing on the world’s largest crypto exchange. Bitcoin...
After charting a new six-week low beneath $38,000, bitcoin reacted well and added almost $2,000 in 24 hours. A few altcoins have also recovered some ground following the latest correction, and ApeCoin stands out once more. BAYC’s native asset marked a new all-time high above $20. Bitcoin Eyes $40K The...
Bitcoin tried its hand at $43,000 yesterday but was violently rejected at that point and dropped by almost $3,000 in hours. Most altcoins are also well in the red today, with Ethereum close to breaking below $3,000 and BNB sitting just north of $400. Bitcoin Failed at $43K Ever since...
Market sentiment can gauge investor optimism. But the crypto market’s index gauging sentiment is currently flashing “fear.” Bitcoin is hovering around the $40,000 mark as it shows signs of correlation with the stock market in recent months. Just like stocks, Bitcoin’s price has been heading south at the start of...
The crypto market cap declined by about $80 billion today as Bitcoin dropped to a monthly low beneath $39,000. The crypto markets are on another roller coaster ride today, with bitcoin slipping below $40,000 and many altcoins dumpings as well. Ethereum has taken it on the chin losing over 5%...
