Altcoins Take The Lead As Bitcoin Struggles To Hold Above $20,000
Bitcoin has been struggling for the last month and has struggled to hold the $20,000, losing its footing multiple times. Through this time, altcoins, while having followed the digital asset on the way down, had begun to gather momentum through the small recoveries recorded over the last couple of weeks. As July draws in on its first weekly close, performance across the market has shown that bitcoin is getting left behind. Altcoins Take The Lead The altcoins had been the worst losers of the downtrend. Although all of the indexes including bitcoin had seen losses into the double-digits, the....
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Welcome to the CryptoCoinsNews weekly altcoin news update, where we examine important altcoin stories that have gone under-the-radar. This week's article examines Litecoin's recent price struggles, Darkcoin's recent progress toward anonymity, and QuarkBar's introduction of adaptive coin creation. Litecoin Price Struggles. Since its release in 2011, Litecoin has consistently remained cryptocurrency's silver standard. However, hundreds of new altcoins have followed in Litecoin's shadow over the past several years. While most of these altcoins are essentially worthless, more and more are....
It has been a turbulent morning for the crypto market, with Bitcoin trending down towards $15,000 while creating headwinds for altcoins That being said, Ethereum has largely been able to dodge these headwinds, posting a strong recovery from its brief early-morning dip towards lows of $440 It is once again moving to reclaim its $450 resistance, and flipping this level into support is vital for the cryptocurrency to see any significant upwards momentum One trader […]
Dogecoin has found itself navigating erratic zones as it struggles to keep up with the impressive price surges of various altcoins in the crypto market. DOGE Experiences Slow Growth While the broader cryptocurrency market is preparing for the upcoming bull run and has experienced several upticks from the current industry trends, the price of DOGE […]
Altcoins have been moving significantly higher throughout the past few days and weeks, with the DeFi sector, in particular, seeing some immense momentum This comes after a multi-month phase of losses that altcoins faced, with those residing within the DeFi sector being struck particularly hard by this Ethereum’s recent explosive rally higher, however, helped put a firm end to this trend The cryptocurrency did see a retrace last night, however, and it is once again […]
SOL price struggles as $30 support failed to hold, with many buyers sweating on their open SOL position. SOL price breaks below 50 and 200-day Exponential Moving Average; the price continues its range around the $30 mark. The price of SOL could restest $24-$16 if the price maintains a bearish structure. The price of Solana (SOL) has struggled recently to reclaim its bullish strength against tether (USDT) but was unable to as the price hit a new fresh rock. The crypto market faced a new drawback as Bitcoin (BTC) price dropped from a region of $19,000 to $18,100 as the Consumer Price....