Bitcoin bears continued with the display of muscle strength on Wednesday, leading to losses under $40,000. The bellwether cryptocurrency plummeted to $35,000 before some semblance of stability returned to the market. The losses were not unique to Bitcoin but affected most crypto assets. Over $500 billion was wiped off the cryptocurrency market led by altcoins
The crypto-market's general bearishness over the past week was made worse by the performance of Bitcoin and Ethereum, two of the industry's biggest altcoins. Thanks to the two, the likes of Ethereum C
Retail traders capitulated as Bitcoin and Ether dropped to multi-month lows and technical indicators suggest the markets could remain volatile over the next few days.
Blockchain analytics firm Glassnode is unveiling Bitcoin’s on-chain activity amid the “Elon Dip,” which ignited a market-wide sell-off following the Tesla chief’s comments on BTC’s energy consumption. In their weekly letter, Glassnode pinpoints the group of investors who are parting with their Bitcoin as the leading crypto asset continues to slide. “Elon’s tweets range from […]
TL;DR Breakdown FIL rejects further downside at $55. Closest resistance at $95. The market price currently trades around $75. Today’s Filecoin price prediction is bullish as a further downside was rejected over the past hours. Since FIL/USD has retraced by more than 75 percent, we expect that the several-day bearish momentum is exhausted. Therefore, Filecoin […]
The crypto markets are reeling amid reports of a fresh ban on crypto asset services in China. Bitcoin plunged from $40,500 to a brief low of $30,415 in a span of just five hours, according to the latest data from CoinGecko. The top cryptocurrency then popped back to its current price of about $36,700. The […]
Litecoin Price Prediction – May 19 Despite the fact that some range-bound occurs, the Litecoin price stays under bearish pressure as the crypto market experiences [...]
TL;DR Breakdown BNB breaks below $480 support. BNB/USD lost almost 50 percent overnight. Closest resistance at $400. Today’s Binance Coin price prediction is bullish as the market rejected further downside after peaking at $280 earlier today. So far, BNB/USD has regained 25 percent and trades below $360 previous support/resistance level, indicating that we should see […]
Today, May 19, 2021, Cardano (ADA) price drops sharply to the low at $1.40. Cardano's price is holding above the 50-day SMA and above $1.40 support after the bearish impulse.