Top 5 cryptocurrencies to watch this week: BTC, ETH, DOT, BNB, UNI

Top 5 cryptocurrencies to watch this week: BTC, ETH, DOT, BNB, UNI

Bitcoin may be in the last leg of its parabolic run and if the rally sustains, select altcoins may surprise to the upside. Bitcoin (BTC) has consistently been hitting new all-time highs over the weekend, but the latest surge has also created a new high against gold, according to MarketWatch data. This suggests that Bitcoin has been gaining acceptance as the new store of value and that may attract more customers away from gold into Bitcoin. Analysts suggest that the latest rally above $30,000 could have been triggered by aggressive buying from institutional investors on Coinbase, as....


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Bitcoin Price Watch; Closing Out The Week

Here's a look at what we are focusing on in the bitcoin price this morning. Okay then, the end of the week is here, and it’s time to put forward the penultimate of our twice-daily bitcoin price watch analyses for the week. Things have been pretty on and off this week. We have had periods of strong volatility, during which we have been able to get in and out of the markets according to our strategy rules for a few decent profits, but we have also had some relatively flat periods, whereby price has traded sideways and not really given us much to go at from a trading perspective. Let’s hope....

Bitcoin Price Watch; Gearing up for a big move…

Here's what we are looking to trade in the bitcoin price this evening and beyond, into the Asian session tonight. In this morning’s bitcoin price watch article, we discussed the potential for some volatility throughout today’s session. Bitcoin had a pretty up and down week last week, and while the action was conducive to our intraday strategy, it made for uncertainty as we headed in to a fresh session this week. Would the up and down action continue? Were we gearing up for some strength, or are we headed into a selloff? Well, the week is now officially underway, and it looks as though we....

Top 5 cryptocurrencies to watch this week: BTC, UNI, XLM, THETA, HNT

Although Bitcoin is struggling to form a bottom, altcoins are on a roll and the current price action could benefit UNI, XLM, THETA and HNT. The United States equities markets witnessed a sharp comeback last week, led by the Nasdaq Composite which gained 7.5%. The S&P was up about 6.5% for the week while the Dow Jones Industrial Average managed a gain of 5.4%.Continuing its tight correlation with the equities market, the crypto markets are also attempting a relief rally. Bitcoin (BTC) has seen a modest recovery but some altcoins have risen sharply in the past week. This suggests that....