Ether Prices Fall to Lowest Since February as Sentiment Sours
The price of ether extended recent losses this week, falling to its lowest in more than nine months. Over the seven-day period, the blockchain token declined to as little as $5.98 on 6th December, its lowest price since late February. This figure, which beat the previous nine-month low set the previous day, represented a 22.9% decline from the cryptocurrency’s opening price of $7.76 on 3rd December. The continued struggles faced by the digital currency are now translating into frustration for traders and market influencers. "The novelty is wearing off," said Tim Enneking,....
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Crypto market sentiment has dropped into the far negative once more. This has been one in the making ever since the Terra crash had begun and investors had scrambled to leave the market. A culmination of this and speculations that the market is headed into one of the longest bear trends ever recorded has now seen sentiment fall to levels not recorded since 2020. In The Extreme Fear Region Now, the crypto market sentiment has not been positive for a while. Most of the last two months have been spent in the fear territory and April had closed out in extreme fear. Nevertheless, the scores on....
Bitcoin fell below $30,000 for the second time this week, however today’s plunge saw prices fall to their lowest level since December 2020. BTC hit a low around $26,000 on Thursday, whilst ETH moved below $2,000 for the first time in over a year. Bitcoin Following a slight rally on Wednesday, BTC fell back into the red on Thursday, as crypto bears continued to run rampant on markets. BTC/USD slipped to an intraday low of $26,350.49 earlier today, less than 24 hours after trading at a peak of $31,868.30. Today’s bottom is the lowest level bitcoin has hit since December 2020,....
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Solana (SOL)
SOL’s sell-off saw prices fall to their lowest level since July last year, as crypto markets were down across the board.
The world’s ninth-largest crypto token dropped by over 17% on Monday, hitting an intraday low of $26.45 in the process.
This drop came less than a day after prices were trading almost $10....
Bitcoin price sentiment first turned fearful but soon switched to mildly bullish as price began to slowly rise, reclaiming the lost levels. February saw a noticeable shift between inflation and U.S. Federal Reserve news, followed by news of a conflict in Eastern Europe that completely overshadowed the earlier concerns of economic health. What’s transpiring in Ukraine is causing an immediate marketwide price drop. Bitcoin (BTC) had a notable decline of 11% over a 16-hour time period, while the majority of altcoins plummeted 20% or more.The initial expectation was for the war to have a....
Ethereum continued to fall on Saturday, as the token’s post-Merge sell-off intensified to start the weekend. Prices of the world’s second largest cryptocurrency fell to their lowest level since July, as bearish sentiment in the market remained high. Bitcoin was also lower today, once again trading below $20,000. Bitcoin Bitcoin (BTC) was once again trading below $20,000, as bearish sentiment in the token remained to start the weekend. BTC/USD slipped to an intraday low of $19,400.08 earlier in the day, which is a level that has historically been a price floor. Following the....