After a fall over the weekend, cryptocurrency markets are still trading sideways this week. The global crypto market is still below the $1 trillion threshold, indicating that the bears are still in charge even while support for critical digital assets like BTC and ETH holds. Key Focus BTC and ETH […]
Tag: bitcoin
Bitcoin and Ethereum Prices Recover After Weekend Corrections, Trading Above $20.3K and $1,550, Respectively
Bitcoin and Ethereum prices are rising after trading at $21,000 and $1,600 levels last week before plummeting to $19,000 and $1,400 levels over the weekend. Currently, Bitcoin is up 3% on Tuesday, trading back above $20k, while Ethereum is up 9%, trading at $1,584. The crypto market is expected to […]
With Increased Trading Volume, Bitcoin Is Back Above $20K While Ethereum Finds Support Around $1,500
Following last week’s dips below the $20k and $1,500 areas, Bitcoin and Ethereum experienced more bearish momentum over the weekend. The good news is that crypto markets have recovered to their levels from last week as of this Monday, thanks to new support for BTC and ETH. The trade volume […]
Ethereum Drops Below $1,600 as Bitcoin’s Price Fluctuates
This Friday, the price of bitcoin remains steady after trading in the $21k area throughout the week. BTC has maintained support for the past seven days and is likely to do so until next week, when the market may determine what to do next. Ethereum was trading sideways this week, […]
As The Merge Draws Close, Ethereum Price Soars Over $1,700, While Bitcoin Price Remains Unchanged
This Thursday, cryptocurrency markets began to show signs of life as Ethereum price increased by 3%, and Bitcoin could maintain support at around $21,600. The market capitalization of all cryptocurrencies has increased by 1.81% in the last day, reaching $1.05 trillion, following minimal movement yesterday, when Bitcoin and Ethereum fought […]
Cryptocurrency Markets Show No Action as Bitcoin and Ethereum Maintain Support Zones
Generally, there’s been no notable change in the market this week due to Bitcoin and Ethereum holding support at $21,000 and $1,600, respectively. Some good news is that the global cryptocurrency market is still valued at over $1 trillion, and the trading volume is stable. This shows that the market […]
While Holding the $21K Level, Bitcoin’s Price Fluctuates With An Increased Trading Volume
The bitcoin market today is still unchanged, and the price continues trading in the same range. Little has changed in the price of Bitcoin and Ethereum during the last day. The price of BTC holds support despite falling to a low of around $21k last week. The increase in trading […]
BTC Transaction Fees Dip Below $1, Bitcoin’s Price Drops to $21,000
Because they could not hold the support levels, bitcoin prices fell last week after trading in the $24k range for several weeks. The bitcoin price has now been trading at the $21k zone, where it has remained all weekend. The 24-hour trading volume for Bitcoin, Ethereum, and other key crypto […]
As the Cryptocurrency Market Corrects, the Prices of Bitcoin and Ethereum Drops By 9%
Bitcoin is trading at $21.3k after rejecting the $25k range and losing momentum since last night. Ethereum prices are down about 10% this Friday. With an 8% decline, the general Cryptocurrency market is trying to stay over the $1 trillion market cap threshold. Surprisingly, the sudden price drop coincides with […]
Miners Suffer Significant Losses as Bitcoin and Ethereum Prices Trades Sideways at $24K Level
With a minimal change in trading volume over the last day, the price of bitcoin has continued to move sideways this week. After reaching a high of $25k on Sunday, BTCUSD is again trading in the high $23k range as it tries to sustain this support. Moreover, Ethereum is also […]
Crypto Market Update for August 12th – Bitcoin and Ethereum Prices Test Support
Cryptocurrency markets are retracing this Friday slightly as Bitcoin and Ethereum prices test new support levels. BTC is trading at $23.8k after rising to a high of $24.8k, while Ethereum is trading at $1.8k after peaking at $1.9k on Thursday. As expected during the weekend, the 24-hour trading volume for […]
Ethereum Price Rises Past $1,900, Nearing 3-Month High Amid CPI Data Release
Ethereum prices rose past $1,900 today, nearing 3-month highs. After yesterday’s release of the CPI (Consumer Price Index) data for July, which revealed no change last month, cryptocurrencies like Bitcoin and Ethereum saw significant upside this Thursday. Combined with the upcoming network merge for Ethereum, ETHUSD continues to outperform Bitcoin […]
Crypto Market Update for August 10th – Bitcoin and Ethereum Prices Hold Support, Coinbase Q2 Earnings Report Reveals $1.1B in Losses
Cryptocurrency markets are showing signs of life this Wednesday as Bitcoin and Ethereum manage to hold support and register single-digit percent gains. Bitcoin is trading at $24.1k, and Ethereum is up at the $1.8k level, approaching 50% of BTC’s market capitalization. Today’s big news is Coinbase’s Q2 earnings report which […]
ETH Price Analysis and Prediction – Ethereum Price Continues to Trade Sideways, Trading Volume Drops
Ethereum is trading at $1,707 as the sideways trading continues this Sunday. As written in yesterday’s NullTX Ethereum price analysis and prediction, ETHUSD continues to trade within the $1,600-$1,700 range as the market awaits next week to decide its next move. Trading Volume Down, Bears Coming Out With the trading […]
Crypto Market Update – Coinbase Partners With Blackrock, CME Group to Launch Bitcoin and Ether Derivatives
After sideways trading for most of this week, Bitcoin and Ethereum prices show signs of life today as ETHUSD is up over 4%, establishing new support at the $1,700 level. On the other hand, Bitcoin remains relatively flat but manages to hold the support at the $23.3k level, with the […]
Ethereum Price Holds Above $1,600 as Crypto Markets Slow Down
After the news of the Solana hack broke out, cryptocurrency markets slowed down significantly, with trading volume dropping sharply. Ethereum continues to hold at the $1,600 level, and Bitcoin is testing support at the $23.8k range as the global cryptocurrency market cap remains above $1 trillion. The sideways trading for […]
Ethereum Price Surges Past $1,600, Trading Volume Surpasses Half of Bitcoin’s
After a relatively minor market correction yesterday, Ethereum’s price surged past the $1,600 level, currently attempting to establish new support. While Bitcoin also saw substantial price growth over the past 24 hours, Ethereum is leading the bull rally after the conclusion of EthCC this week, the largest European blockchain conference […]
Ethereum Price Rebounds to $1,500 After Peaking at $1,600
Things aren’t as peachy for cryptocurrency markets this Thursday compared to the first half of the week when Bitcoin and Ethereum prices saw significant price growth due to favorable market conditions, EthCC’s conference, and “merge trading” for Ethereum’s upcoming network switch from a proof-of-work to a proof-of-stake consensus model. The […]