Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Sag...

Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Sag...

In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 on Saturday, as it was reported that a hack on FTX had taken place. Ethereum also moved lower today, as the token remained below $1,300. Bitcoin Bitcoin (BTC) was back below $17,000 to start the weekend, as markets reacted to the latest news surrounding FTX. It was reported that FTX had suffered a hack, which saw $600 million withdrawn from the collapsing platform. In a week which has been dominated with FTX related news,....


Related News

Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower on Saturday, as Bears Re...

Bearish sentiment returned to cryptocurrency markets on Saturday, as bitcoin was once again in the red. The world’s largest token moved lower to start the weekend, following yesterday’s surge towards $20,000. Ethereum was also down today, falling below $1,300 in the process. Bitcoin Bitcoin (BTC) was in the red to start the weekend, as bearish sentiment returned to cryptocurrency markets. BTC was higher on Friday, as market uncertainty eased, following the latest U.S. inflation report, however it seems as though this turbulence has returned this weekend. As a result, BTC/USD....

Bitcoin, Ethereum Technical Analysis: ETH Remains Close to 6-Week Low to Star...

Following a recent string of declines, ETH continued to hover close to a six-week low to start the weekend. BTC was also lower on Saturday, as the world’s largest cryptocurrency remained closer to a two-month low. Bitcoin BTC was once again trading lower on Saturday, as prices were battling to find a floor following Friday’s selloff. After hitting an intraday low of $35,482.13 during yesterday’s session, BTC/USD was marginally higher, but still close to its two-month low. Today’s session has so far seen BTC rise to a peak of....

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $40,000 on Saturday

Bitcoin fell below $40,000 to start the weekend, as crypto markets continued to be submerged by the latest red wave. ETH was also lower on Saturday, and remained in the red for a second consecutive session. Bitcoin BTC dropped below the $40,000 level to start the weekend, following a three-day losing streak which has pushed price close to multi-week lows. Following a peak of $40,524.76 on Friday, the world’s largest cryptocurrency fell to a low of $39,315.42 earlier today. This move is less than 48 hours removed from BTC/USD trading above resistance of $42,500. However, following a....

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $40,000 to Start Weekend

Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency dropped below its long-term support level. The price of BTC/USD fell below its $40,000 floor during the session, hitting an intraday low of $38,777.04 in the process. As of writing, BTC is down 5.27% on the day, and is currently trading at $39,151.54, with the....

Bitcoin, Ethereum Technical Analysis: BTC, ETH Enter August Trading Below $24...

Bitcoin was trading marginally lower to start the week, as prices of the token fell lower for a fourth consecutive session. The world’s largest cryptocurrency has suffered from increased market volatility, following last Saturday’s surge to a six-week high above $24,000. Ethereum was also in the red on Monday. Bitcoin Bitcoin (BTC) was trading in the red to start the week, as markets fell for a fourth consecutive session on Monday. Following last Saturday’s peak of $24,678, which saw BTC/USD hit its highest level since June 13, the token has....