Back at $13K: Bitcoin Unfazed by Profit Takers After Rise to 2020 High
The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week.
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Ethereum, the world’s second-largest cryptocurrency by market capitalization, established a new record high on Thursday. The ETH/USD exchange rate reached $1,927 ahead of the London opening bell after surging 4.12 percent. Later, the pair gave up a small portion of its gain to profit-takers. It was trading at $1,896 as of 1224 UTC, still up […]
Crypto markets marginally consolidated on Tuesday, following yesterday’s price surge which saw bitcoin and ethereum both rally to multi-week highs. BTC climbed to $45,000, with ETH moving to $3,200. Bitcoin Bitcoin prices were marginally below yesterday’s high, as profit takers look to have closed some of their positions. BTC/USD rose to an intraday high of $45,293.87 during Monday’s session, however it’s tracking close to $43,354.61 today. Yesterday’s move, which now looks like a false break, moved beyond its recent resistance of $43,770, en route to....
Huobi Global saw an influx of larger-than-average bitcoin deposits soon before the price drop, an analyst said.
Lido DAO has grown over the years to become the leading liquid staking protocol on the Ethereum network and its native LDO token has enjoyed tremendous success on the back of this. The protocol’s continuous growth has been purported to be what will push LDO to new all-time highs and one crypto analyst has revealed how high the token’s price could go. Lido DAO To Beat Previous $7.22 All-Time High Back in the bull run of 2020-2021, the price of Lido DAO’s native LDO token soared with the rest of the market and eventually touched its all-time high price of $7.22. Naturally, this has been the....
Bitcoin is not new to enthusiasts setting high price targets and forecasts that seem wild. In this vein, Tim Draper, who has always been a strong bitcoin advocate has been one of those giving the digital asset a high price target. Back in 2018, the billionaire had made a price prediction that seemed to most […]