Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher as USD Weakens on Monday

Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher as USD Weakens on Monday

Following a red start to October, crypto prices moved marginally higher during Monday’s session. After a brief stint below $19,000 on Sunday, bitcoin rose back above this point, as the U.S. dollar began to weaken against other G7 currencies. Ethereum was also in the green, momentarily moving above $1,300. Bitcoin Bitcoin (BTC) was trading marginally […]

Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate Ahead of US Consumer Sentiment Data

Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate Ahead of US Consumer Sentiment Data

Bitcoin continued to trade below $20,000 on Friday, as market sentiment remained mostly unchanged heading into the weekend. The world’s largest cryptocurrency attempted to climb towards this milestone, but declined as it encountered a hurdle on the relative strength index (RSI). Ethereum was also largely unchanged, as markets prepared for the release of U.S. consumer […]

Cryptocurrency Market’s Momentum Slows as Bitcoin and Ethereum Maintain Support Levels

After experiencing a high trading volume throughout the week, the cryptocurrency market’s momentum is once again slowing down. The prices of Bitcoin and Ethereum can maintain support, with bitcoin trading above $19k and Ethereum maintaining above $1,300. Let’s examine any notable news this week that impacts crypto prices. Summary As the week ends, the cryptocurrency […]

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Bitcoin, Ethereum Technical Analysis: Market Volatility Remains High, as BTC Climbs Above ,000

Bitcoin, Ethereum Technical Analysis: Market Volatility Remains High, as BTC Climbs Above $19,000

Volatility in cryptocurrency markets remained high on Thursday, as markets began to consolidate following a recent red wave. Bitcoin was back above $19,000 in today’s session, with ethereum also rebounding following recent losses. As of writing, the global crypto market cap is up 2.43% Bitcoin Bitcoin (BTC) was trading higher on Thursday, as crypto markets […]

The Cryptocurrency Market Is Gaining Momentum as Bitcoin and Ethereum Recover

The Cryptocurrency Market Is Gaining Momentum as Bitcoin and Ethereum Recover

The cryptocurrency market is gaining momentum as Bitcoin trades above $19k, and Ethereum stays above $1,300 after rising in trading volume and price last night. The 24-hour trading volume has increased by 19% for BTCUSD, reaching $59 billion, and 32% for ETHUSD, reaching $20 billion. According to the increase in trading volume, the market may […]

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower as Powell Claims There Are ‘Structural Issues’ With Cryptocurrency

Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower as Powell Claims There Are ‘Structural Issues’ With Cryptocurrency

Bitcoin was back in the red on Wednesday, as U.S. Federal Reserve Chair Jerome Powell called for more regulation in decentralized finance (defi), citing “structural issues” as a key reason. The token fell below $19,000 on the comments, moving closer to a key support point as a result. Ethereum also slipped following yesterday’s rebound, with […]

Bitcoin, Ethereum Technical Analysis: BTC Below ,000 as Sentiment in Crypto Remains Bearish

Bitcoin, Ethereum Technical Analysis: BTC Below $19,000 as Sentiment in Crypto Remains Bearish

Bitcoin started the week trading below $19,000, as recent economic pressures continued to weigh on cryptocurrency markets. The token fell lower in today’s session, as market sentiment remained bearish following last week’s rate hikes by the U.S. Federal Reserve. Ethereum was also lower, falling below $1,300. Bitcoin Bitcoin (BTC) slipped below $19,000 to start the […]

Prices of Bitcoin and Ethereum Revived with Significantly Increased Trading Volume

Bitcoin and Ethereum are showing signs of life today as trade activity for both digital assets increases dramatically after holding flat over the weekend and exhibiting minimal price movement. With a 24-hour trading volume of $40.2 billion, up over 77% today, Bitcoin is currently trading at $19k, up 1% over the last 24 hours. In […]

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