Bitcoin set to close first ‘red’ April in 6 years as Ethereum keeps hitting a...
BTC/USD is set to end the month around 8% down, the first such losing streak since 2015 despite an even more impressive Q1 performance. Bitcoin (BTC) may not be worrying analysts with its latest price dip, but it will likely close its first negative month of April in six years this week despite hitting a new all-time high two weeks ago.Data from monitoring resource Bybt shows that at -8.3%, April 2021 is Bitcoin’s worst April on record and the first since 2015 to make a loss.A Bitcoin April like few othersThe performance contrasts that of March, traditionally a “bad month” for Bitcoin but....
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April has seen a stellar run from BNB, growing 86% in less than two weeks and hitting an all-time high today. Over the same period, its market cap has near doubled from $49bn to $96bn. While this is still just over a third of Ethereum’s market cap, a stalling ETH 2.0 rollout schedule has observers […]
As Ethereum (ETH) continues to slowly turn crucial resistance levels into support, some analysts consider that the King of altcoins could be running out of time for a new all-time high (ATH) this cycle. Related Reading: Crypto Graveyard: 50% Of Tokens Have Failed In the Past 5 years – Report Ethereum Closes April In Red Over the past week, Ethereum has attempted to reclaim the $1,800 mark, hovering between the $1,770-$1,820 price range. In the past 24 hours, the cryptocurrency has seen a 5.5% jump, breaking above the key resistance and last week’s high of $1,850. Amid this price action,....
Over the years, the rivalry between Ethereum, Solana, and XRP has grown tougher, with investors staking their claims with their favorites. After the last bull run, though, Solana seemed to come out ahead, hitting new all-time highs before Ethereum, and completely outpacing XRP that never hit new peaks. But now, after the bull run is […]
Ethereum hit new all-time highs after a rocky April. Developers and analysts delve into the factors behind ETH price surge. After a recent slump across cryptocurrency markets, Ether has surged to new all-time highs off the back of a number of important events and metrics. Overall, 2021 promises to be a crucial year for the Ethereum blockchain as developers continue to work toward the network’s integration with Eth2, which will see the blockchain part ways with its original proof-of-work consensus algorithm in favor of the touted energy and cost-efficient proof-of-stake consensus.While the....
Bitcoin and Ethereum have spent the past few weeks moving like assets caught between two powerful forces. On one side, institutional demand has returned through Spot ETFs, treasury purchases, and dip-buying from larger investors. On the other side, profit-taking and heavy derivatives positioning keep turning rallies into sudden pullbacks. ETF Demand Is Slowly Lifting Bitcoin And Ethereum The crypto market has not been moving in a clean straight line. Bitcoin has pushed close to the $80,000 level more than once in the past week, only to lose momentum around $79,000. Ethereum has been....