As Bitcoin settles down will altcoins like Ethereum, Polkadot etc. become stronger?

2021-1-31 21:30

The consolidating Bitcoin market was shaken out with one mention from Elon Musk on Friday. However, shortly after the 20% appreciation, the price turned around and fell almost to the pre-pump level.

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Bitcoin (BTC) на Currencies.ru

$ 67531.49 (-0.36%)
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Изменеия 24h: -2.66 %, 7d: 3.04 %
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bitcoin shortly however friday elon musk appreciation

Источник: ambcrypto.com

bitcoin shortly → Результатов: 126


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Bitcoin Sets New All-Time High on Heels of OTC Buying Frenzy

Bitcoin and the aggregated cryptocurrency market are caught within another leg higher, with bulls staying in full control of the market This uptrend comes shortly after an intense selloff seen yesterday evening, which came as a result of incredibly high funding rates on margin trading platforms The move lower reset these funding rates and cleared out “late longs” – which laid the groundwork for a move higher One analyst explained in a recent tweet that […]

2021-1-9 22:35


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Ethereum Could See a “Violent Dump” to $250 as It Taps Key Resistance

Ethereum’s price action as of late has been quite turbulent, as it has been closely tracking that of Bitcoin, but amplifying but the gains and losses seen by the benchmark crypto Today has been relatively quiet for ETH, as its price is consolidating following its recent rally This push higher came about shortly after it saw a capitulatory decline down towards $318, and bulls were able to push it as high as $355 This is […]

2020-9-26 23:00


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Three Blockchain Infrastructure Projects You Should be Following

Since Bitcoin was first unveiled in 2008 and the first blockchain went live shortly after, the number of use cases for the technology has expanded immensely. As the potential for the technology was recognized and the number of potential users grew, a variety of infrastructure projects appeared, promising to bring blockchain to the masses and […]

2020-9-15 22:56


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This Fundamental Metric Suggests Bitcoin is in the Early Stages of a Bull Run

Bitcoin and the entire crypto market was able to see a push higher yesterday afternoon, which came about shortly after Ethereum surged past its near-term resistance level ETH, which was previously stuck below $400, incurred an explosive rally that sent its price racing up to highs of $430 This provided BTC with a slight tailwind, but the benchmark cryptocurrency remains stuck below its $12,000 resistance Despite its technical weakness, from a fundamental standpoint, it appears […]

2020-8-15 21:00


Bitcoin Holds Above Crucial “Ichimoku Cloud” as Analysts Remain Optimistic

Bitcoin has entered a consolidation phase within the lower-$11,000 region This comes shortly after bears stepped up and catalyzed a swift rejection at $12,000 this past weekend The cryptocurrency is now flashing some signs of weakness as it hovers above its key support at $11,000 Bulls have been able to hold it above multiple crucial levels throughout the past couple of days This is leading some traders to remain firmly bullish on the benchmark cryptocurrency’s […]

2020-8-4 02:00


Investor Greed Signals Bitcoin May Be Topping Despite Strong Monthly Close

Bitcoin was able to post an incredibly strong monthly candle close yesterday This marked the first time that the crypto had closed its monthly candle above $10,700 since mid-December of 2017 Shortly after the close took place, bulls stepped up and allowed BTC to set fresh 2020 highs of $11,800 It did face some heavy selling pressure at these highs that caused its price to see a sharp decline, but it has since stabilized Analysts […]

2020-8-1 19:00


Bitcoin’s Dominance is Signaling That “Altseason” May Be in Grave Jeopardy

Bitcoin’s dominance has been seeing a sharp decline over the past few days and weeks as altcoins have captured the majority of investors’ attention Yesterday, however, this metric hit a historically important region, and shortly after the benchmark cryptocurrency’s price began rebounding Some analysts are now noting that it may be “pullback time” for altcoins, with this potential decline being perpetuated if Bitcoin can smash above $10,000 Ethereum could also play a big role in […]

2020-7-27 22:00


Bitcoin’s Break Above $9,500 Could Fuel a Massive Push Higher; Claims Analyst

Bitcoin saw a notable upswing yesterday that allowed it to break through the resistance that it had formed in the mid-$9,000 region This came about shortly after the breakout rally posted by Ethereum, which sent the crypto from the lower-$240 region to highs of $270 It now appears that Bitcoin’s mid-term outlook is significantly brighter as a result of this latest movement One analyst is noting that the benchmark crypto could be well-positioned to rally […]

2020-7-24 02:00


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Binance Coin (BNB) Becomes Third Cryptocurrency With A Branded Emoji On Twitter

The Binance Coin (BNB) is now the third Cryptocurrency to receive a branded emoji. This is coming in shortly after Bitcoin and Crypto.com’s CRO received a branded emoji from the social network. Although crypto-twitter also made a strong appeal for Ethereum, Ethereans might have to exercise patience until the network is ready to take the […]

2020-7-2 20:39


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Bitcoin Exchange Balances are Down $3 Billion from Mid-March; What This Could Mean

Bitcoin has entered a firm bout of sideways trading as it struggles to garner any notable near-term momentum This comes shortly after its latest rejection at $9,900, which confirmed that the heavy resistance around $10,000 may prove to be insurmountable This short-term volatility doesn’t seem to be phasing investors, as data shows that exchanges have seen a balance decline of $3 billion worth of BTC since March 12th Bitcoin and the aggregated cryptocurrency market have […]

2020-5-17 19:00


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Here’s Why Bitcoin Options Open Interest Has Surged 10x on the CME This Month

Bitcoin has seen immense volatility in recent times, and although most of this has favored buyers, the crypto has been unable to firmly surmount the $10,000 region It now appears that large traders are rushing to gain exposure to the cryptocurrency, as open interest for Bitcoin options on the CME has surged 10x this month alone This comes shortly after news of Paul Tudor Jones and other notable investors gaining upside exposure to BTC via […]

2020-5-16 21:00


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Bitcoin’s Move Past $8,000 Liquidates Millions; Sends Bears into Hiding

Bitcoin’s overnight upswing allowed the crypto to gain what appears to be a firm foothold within the $8,000 region This movement came about shortly after the extended period of sideways trading that it faced throughout the past several days It also liquidated millions of dollars in short-positions, leading BTC’s open interest to dive as bears go into hiding Bitcoin’s notable overnight rally has marked a major extension of the uptrend that was first sparked when […]

2020-4-30 02:00


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XRP Just Faced a Harsh Rejection at a Key Trendline; Trouble Ahead?

The aggregated crypto market has incurred some intense upwards momentum today, allowing major altcoins like XRP to post notable gains This latest upswing comes shortly after the cryptocurrency incurred a rally independent of the market yesterday It is important to note that XRP has faced a notable rejection against its Bitcoin trading pair, forcing it to remain beneath a key trendline Although XRP has been fully exposed to the downside seen by the aggregated crypto […]

2020-4-30 23:00


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