First Mover: Cryptocurrency Euphoria Hits Breaking Point as Miners Lose Nerve
Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.
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Apecoin rose to its highest point in over two months on hump day, as prices rebounded following a two-day losing streak. Uniswap was another big mover on Wednesday, as the token climbed by as much as 14%. Overall, the global crypto market cap is trading 2.79% higher as of writing. Apecoin (APE) Apecoin (APE) was one of today’s notable tokens to surge, as global crypto markets were back in the green. APE/USD snapped a two-day losing streak, as the cryptocurrency rose to an intraday peak of $7.41 earlier in today’s session. The move sees APE once again break out of its....
Analysts are still mostly bullish on the cryptocurrency's price, even at lofty levels compared with those just a few months ago.
Data shows the Bitcoin mining hashrate has hit another all-time high as miners continue to believe in the cryptocurrency. Bitcoin 7-Day Hashrate Hits New ATH Despite Struggling Price The “mining hashrate” is an indicator that keeps track of the total amount of computing power that the miners have currently connected to the Bitcoin blockchain. This […]
The Ethereum blockchain is growing fast thanks to DeFi, and some traders say the ether cryptocurrency could notch further gains.
GameStop comedown shows appeal of social media-fueled trading. Dogecoin chatter in Reddit reveals cryptocurrency analogue.