What Changed in Crypto Markets While You Were Sleeping — April 12

2021-4-12 11:30

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.

Bitcoin update

Bitcoin increased slightly last week, going from a low of $55,473 to a high of $61,500. It managed to close at $60,002, which was simultaneously the first close above $60,000 and the highest-ever weekly close. 

There are some signs of weakness, however. There is a decreasing momentum in the MACD and a bearish divergence developing in the RSI. However, the RSI has yet to reach its divergence line and the MACD has not yet made a bearish reversal signal. 

Therefore, the signs are not sufficient enough to predict that a top has been reached.

Chart By TradingView

Altcoin movers

The cryptocurrency top-10 stayed mostly the same over the weekend. However, Binance Coin (BNB) has skyrocketed in price to a new all-time high of $591. This has caused it’s market cap to grow to over $90 billion. This is nearly 36% of the entire Ethereum market cap.

BNB and Voyager Token (VGX) are tied at the moment for the biggest altcoin movers of the day. Both have gained nearly 25% on the day, although BNB is up nearly 71% in the past seven days.

Very few altcoins in the top-100 are in the red today. Reserve Rights (RSR) is currently the biggest loser of the day, though it’s only down by 6%. Despite the small daily loss, RSR is still up by 3% in the past week.

In other crypto news The Biden administration is reportedly monitoring the development of the digital yuan. There are fears that a Chinese central bank digital currency (CBDC) will be used to skirt sanctions and could affect the dollar’s dominance. GameStop has posted a new job opening for a security analyst proficient in crypto and non-fungible tokens (NFT). This suggests that the company may be working on a related project. Decentralized finance (DeFi) protocol Nerve Finance has completed a financing round from some big names in the industry. Its goal is to launch an automated market maker (AMM) on the Binance Smart Chain (BSC).

The post What Changed in Crypto Markets While You Were Sleeping — April 12 appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95291.81 (+0.06%)
Объем 24H $41.841b
Изменеия 24h: -2.17 %, 7d: -7.60 %
Cегодня L: $94531.21 - H: $97458.26
Капитализация $1886.756b Rank 1
Цена в час новости $ 60107.42 (58.54%)

close bitcoin high 500 managed highest-ever weekly

close bitcoin → Результатов: 126


Best Bitcoin (BTC) Weekly Close of 2019 Bodes Well: Are You Strapped In for $13,000+ USD? 

After an admittedly odd past few weeks of trading, Bitcoin recovered well enough to take its highest close of 2019 thus far. Despite July and August seeming somewhat lackluster with plenty of flat action, the weekly close at just under $11,500 (Binance) suggests things are looking up. In tandem with the bullish weekly view, a […]

2019-8-13 05:57


Bitcoin Weekly Close Nears as Bears Maintain Control; Will BTC Soon Drop Below $9,000?

Bitcoin (BTC) and the aggregated crypto markets have climbed slightly today after facing significant downwards pressure over the past couple of days. This recent price action has signaled that bears are currently in full control of the cryptocurrency, and without a major push by bulls, Bitcoin could face an incredibly weak weekly close that spells.

2019-7-29 00:30


Bitcoin Back At $10k, Here’s What to Expect For Ethereum, Litecoin, and XRP

Bitcoin recently went under the $10,000 mark but is gradually coming back again at press time and currently stabilizing around the $10,085 price level, the focus is now more on the altcoins. The question is what to expect from the top 10 Alts, Will they get even close to their All-Time High records? Will they […] The post Bitcoin Back At $10k, Here’s What to Expect For Ethereum, Litecoin, and XRP appeared first on ZyCrypto.

2019-7-25 16:47