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 […]
Tag: bitcoin
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 […]
Bitcoin Price Prediction 2022 – BTC Predicted to End the Year at $25,473, But There’s a Catch
The general cryptocurrency market has been through difficult times since last year November, after it set all-time high records. Notably, Bitcoin traded at $68,789 before falling to below $20,000 last month. The General Cryptocurrency Market Cap has dipped and maintained below $1 Trillion, sitting at $939,335,047,901. This is a notable […]
Bitcoin, Ethereum, XRP Dead? Does the Current Bear Market Spell the Beginning of the End for Crypto?
The digital currency market has been on quite a downtrend this year, causing severe problems for blockchain projects. BTC was trading at $68k in late 2021 but is now struggling to breakout past $20k. Ethereum is trading a little over $1k after dropping from nearly $5k. BTC and crypto prices […]
Bitcoin and Ethereum Prices Dip to Yearly Lows as Tech Stocks Are Having Their Worst Year
After a sharp rebound last week, Bitcoin and Ethereum again suffer significant bearish momentum as BTC and ETH prices dip to yearly lows at $19k and $1k, respectively. The bear market is in full effect for crypto and traditional markets. Tech stocks are having their worst year yet, with major […]
Bitcoin, Ethereum, BNB, XRP, Solana Price Show Bullish Momentum as Global Crypto Market Recovers
This week has been rather bullish for most digital assets as the market continues to show splendid recovery after hitting its bottom on June 18th. Bitcoin price is up over 3% today, trading at $21.2k, Ethereum price managed to close in at $1.2k, BNB is up over 12% this week, […]
Markets Are Tumbling: Will Bitcoin Offer an Answer to the Ongoing Global Recession?
The price of Bitcoin continued to fall yesterday, dropping as much as 2.9 percent to $20,244. BTC is currently trading at $20,357.77, a slight improvement from yesterday. Notably, it is moving in tandem with the weakening stock market due to concerns about a global recession. Controversies on the Bitcoin Launch […]
Bitcoin and Ethereum Price Struggle to Hold Support Amid Increasing Bearish Pressure
After yesterday’s bullish rebound where Bitcoin and Ethereum prices saw significant price growth, the momentum is currently dying, with BTC and ETH prices retracting a few percent. Bitcoin is struggling to hold the $20k support level while Ethereum is attempting to stay afloat above $1k. The recent bearish momentum is […]
Bitcoin and Ethereum Price Continue Bullish Rebound
Bitcoin price is up over 4% today as the cryptocurrency continues to rally past the $21k mark, currently trading at $21,546. Major cryptocurrencies like Ethereum, Cardano, XRP, and Solana are also showing substantial price growth, with SOL gaining upwards of 10% in the past 24 hours. The bullish momentum this […]
Bitcoin, Ethereum, XRP, Solana Prices Show Bullish Momentum After Weekend Selloff
As recession fears pushed stock markets and cryptocurrencies to two-year lows last week, things are looking better this Juneteenth, as a federal holiday observes the end of slavery in the United States. Stock markets are closed today, which provides an extra day for cryptocurrencies to show bullish momentum and regain […]
How Low Will Bitcoin, Ethereum, Solana, XRP Price Go?
The cryptocurrency market is witnessing a tremendous selloff, with most assets losing more than 40% of their value in less than 24 hours. Bitcoin’s price is currently challenging the 2017 all-time high range of $17,500 to $20,500 and is constantly shadowing lower prices, indicating that sellers are exerting excessive pressure. […]
Bitcoin and Ethereum Price Manage to Hold Support Amid Inflation Fears
After a scary correction this Saturday, with the Bitcoin price dropping to a low of $17.9k, the BTC price is recovering again, currently trading at $19.4k. Ethereum also recovered after dipping to $900, currently trading at $1k, up over 5% in the past 24 hours. The market saw a significant […]