What crashed the crypto relief rally? | Find out now on The Market Report
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss what factors lead to the collapse of the bear market rally. On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss some of the main factors that contributed to the collapse of this bear market rally.To kick things off, we broke down the latest news in the markets this weekBitcoin (BTC) to lose $21K despite miners’ capitulation exit? Five things to know in Bitcoin this week. Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve....
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The Bitcoin price has been retracing over today’s trading session after reclaiming some lost ground. The selling pressure could push BTC back to critical support levels unless buyers can stop the current price action. Related Reading: Bitcoin Price Ready For Blast-Off As Key Metrics Signal A Bull Run: Top Analyst As of this writing, Bitcoin trades at $27,400 with a 2% loss in the last 24 hours. Over the previous week, the cryptocurrency recorded a 3% loss as the rest of the crypto top 10 by market cap moves in a similar direction. The One Bitcoin Chart For Success? Crypto analyst and....
Crypto market inches closer to a $2 trillion market cap with each rally. The total market cap had crashed following its peak back in May when the entire market saw a crash across prices. Since then, the movement of the market cap has wavered between slight recoveries and dips. The total crypto market cap had crashed to as low as $1.2 trillion at some point in June. The market cap has now resumed its upward climb, seeing the price of top coins post tremendous gains in the market. Getting back up to $2 trillion remains a big point for the market in general. The total crypto market cap has....
Crypto market inches closer to a $2 trillion market cap with each rally. The total market cap had crashed following its peak back in May when the entire market saw a crash across prices. Since then, the movement of the market cap has wavered between slight recoveries and dips. The total crypto market cap had crashed to as low as $1.2 trillion at some point in June. The market cap has now resumed its upward climb, seeing the price of top coins post tremendous gains in the market. Getting back up to $2 trillion remains a big point for the market in general. The total crypto market cap has....
Last week, the price of Bitcoin crashed to below $50K. This signaled that the market might finally be nearing the dreaded bear market as billions of dollars in longs were liquidated with prices plunging to $45K. The bitcoin crash, as always, brought down the whole market with it and most altcoins suffered one of their […]
BTC.D rises in price as altcoins suffer a bloody day in crypto. BTC.D attempts to break out above 8, and 20-day Exponential Moving Averages as altcoins struggle to hold their key support. The price of BTC.D eyes a rally to 48% as this could mean more pain for altcoins. Many altcoins have experienced a relief bounce across the market as Bitcoin Dominance (BTC.D) remains below the 40% marked area allowing altcoins to rally when the market recovers. With Bitcoin Dominance (BTC.D) rising from the ashes, we could see the price of altcoins suffering more pain than expected if the price....