Crypto Market Cap Inches Closer To $2 Trillion, What To Expect From The Market
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....
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Bitcoin market dominance continues to decline as the markets make their way back up the charts. The top cryptocurrency has seen its market share consistently dropping as investors get interested in altcoins. Over the five years since it has been in operation, Ethereum now has a bit under half the market dominance of the digital asset. This has translated to altcoins like Ethereum rallying despite what direction the price of bitcoin is headed. Now, once again, as is the same with all bull markets, the altcoins are breaking away from the influence of bitcoin. As the bull rally continues to....
Bitcoin is just a few hundred dollars away from reclaiming the vaunted $21,000 territory in the face of bear market pressures. On October 26, Bitcoin peaked at $20,866 as it helped the sector push its total market capitalization to over $1 trillion. The momentum, however, wasn’t enough for the asset to break past the $21K […]
Bitcoin was designed by the pseudonymous Satoshi Nakamoto as the first way to transfer value electronically without the need for a third-party intermediary such as a bank. The cryptocurrency is only just over 12 years young, yet after this latest rally, it is about to reach an incredible milestone of over $10 trillion in value transferred across the network. Here’s why this is especially notable, and what the next major $10 trillion dollar milestone means […]
Bitcoin is roaring right now price-wise. The price of the coin shows no signs of slowing down following the price rally from the past three weeks. Every time it seems like there is a slowdown, the price picks up again, breaking new resistance points that had before held it back. The run-up from a price range of the low $30,000 has now seen the digital asset price break into the $46k territory. Despite what might be a slowing down, the digital asset has not lost its position. Rather taking small steps in either direction but ultimately maintaining its position on the charts. $46,800 still....
A lot of new investors believe that they have missed the opportunity on bitcoin. This is simply not true. Less than 10% of the world currently know about bitcoin. That leaves over 6 billion people in the world who do not know about bitcoin. So in actuality, the investors who are getting in now who think they missed the boat are in fact, early adopters. Related Reading | Bitcoin Price Breaks $45,000 For the First Time In Over 2 Months, Is $64,000 Possible Again? That aside, dollar-cost averaging (DCA) has become an increasingly popular way for people to invest in the market.....