Cryptocurrencies

BTC advances ahead of key US macro

Bitcoin slipped 5.80% to $47,545 on Thursday, December 9. Buyers surrendered all gains seen in the rally from $47,100 to $51,936. The news flow exerted a negative impact on risk-sensitive assets. The DXY index advanced, while gold, oil, major currencies, US stock indices and cryptocurrencies trended lower. Key drivers for the cryptocurrency market: – Fitch […]

5 months ago
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Cryptocurrencies
BTC: buyers pare the bulk of losses

The BTCUSD pair rose 2.12% to $50,441 on Monday, December 6. The gains were 20% of the recent low at $42k. Price action slid 27% on December 3 and 4, and a retracement to $57,600 is equal to 37% upside. Cryptocurrency market cap rebounded by $457 bln to $2.34 trln. On Monday, buying interest in […]

6 months ago
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Cryptocurrencies
BTC stuck between a rock and a hard place

Bitcoin fell 3.08% to $64,882 on Wednesday, November 10. The daily price oscillation reached $6,177, or 8.95% of the top. This is how much the price dropped after reaching the new high of $69,000. Now everything is in order after the recent events that unfolded on the cryptocurrency market. Market volatility surged yesterday at 13:30 […]

6 months ago
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Cryptocurrencies
BTC takes a breather

The BTCUSD pair dipped 0.86% to $66,947 on Tuesday, November 9. After advancing 14%, buyers took a break. Risk aversion caused the dollar to strengthen in the global FX market, which also negatively affected cryptocurrencies. The Bitcoin price fell to $66,222. Buyers have been defending this level for 19 hours. Given that price action on […]

6 months ago
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Cryptocurrencies
BTC reaches new high

Bitcoin traded higher on Monday, November 8, up 6.71% to $67,789. In Tuesday Asian trading, buyers rose to a new high of $68,524. Cryptocurrency market cap exceeded $3 trln. Ether also set another all-time high at $4,838. The market continues to see strong demand for cryptocurrency. Buyers played into dollar weakness to drive up the […]

6 months ago
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Cryptocurrencies
Bitcoin price holds steady at $61k

Bitcoin rose 3.70% to $60,575 on Thursday, October 28 amid heightened volatility, especially during the North American session. Active buying got under way during the European trading session, with the BTCUSD pair rebounding to $61,257. Traders ditched the dollar after US macro data came out. In the upshot, the Bitcoin price jumped to $61,800. The […]

6 months ago
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Cryptocurrencies
Buyers push for retracement to $64k

Bitcoin closed the week slightly higher, with the BTCUSD pair rising 0.74% to $61,299, up 39.88% in October. Over the past week, the price dropped to $57,820, while the monthly low was recorded at $43,283. Trading saw heightened volatility at the beginning of the week and after Thursday the price range of the consolidation narrowed […]

6 months ago
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Cryptocurrencies
BTC stages a rebound

Bitcoin closed slightly lower on Monday, November 1. After bouncing from $59,405, the price rose to $62,437. Buyers were unable to pump up the price for long and retreated to $60,911. They made another attempt on Tuesday. Price action climbed 4.9% to $63,597 in a couple of hours. By the time of writing, the leading […]

6 months ago
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Cryptocurrencies
BTCUSD: unsuccessful first attempt to take out $63,800 resistance

Bitcoin rose 3.79% to $63,219 on Tuesday, November 2. Buyers attempted to breach the $63,800 resistance but slid from $64,270 to $62,584 due to strong pushback from the altcoin rally. Ethereum, Solana and Polkadot all climbed to new all-time highs. The ETHUSD pair surged 6.24% to $4,594, while ETHBTC jumped 2.35% to BTC 0.072. Ether […]

6 months ago
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Cryptocurrencies
Ether sets new ATH

Over the past week, Bitcoin advanced 3.22% to $63,273, while ether surged 7.59% to $4,612. Over the weekend, cryptocurrencies pared most of their losses. Since the new week began, the key pairs have exited the ranges after several days of consolidation. Bitcoin soared $6,342, and ether shot up $438. The 10% rally ran its course […]

6 months ago
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Cryptocurrencies
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