Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Fall Lower Against USD
Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent market sentiment. Following a high of $44,309.03 on Wednesday, BTC/USD fell below $43,000 during today’s session, and is down by over 3% as of writing. The move saw BTC hit an intraday low of $42,685.75, sending prices closer to recent support at $41,765. This drop in price comes as the....
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Bitcoin was trading lower to start the week, as markets were anticipating the release of U.S. president Biden’s executive order on cryptocurrencies. Ethereum also remained in the red, and continues to track at multi-week lows. Bitcoin Bitcoin prices were almost 12% lower from the same point last week, as prices fell for a sixth straight day on Monday. Following a high of $39,394.44 on Sunday, BTC/USD dropped to a low of $37,358.00 to start the trading week. The move saw BTC near its long-term support against the dollar of $37,200, hitting its lowest level since February 4 in the....
Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lower. Bitcoin also extended its streak of declines, falling under $23,000 in the process. Bitcoin Bitcoin (BTC) was lower for a fifth straight day, as prices of the token slipped below $23,000 in today’s session. Following a peak of $24,121.64 to start the week, the world’s largest cryptocurrency plunged by over $1,000 on Tuesday. This latest decline saw BTC/USD hit....
Bitcoin was trading lower to start the week, after the token briefly rose above $25,000 during Sunday’s session. As of writing, the global cryptocurrency market cap is currently trading 2.85% lower. Ethereum also dropped lower on Monday, with prices moving away from a recent high above $2,000.
Bitcoin
After a brief stint above $25,000 over the weekend, bitcoin (BTC) was trading in the red to start the new week.
On Sunday, BTC/USD hit an intraday high of $25,135.59, however the world’s largest token slipped to a bottom of $23,960.03 today.
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ETH was marginally higher during Friday’s session, as it moved away from its recent support level around $3,145. BTC on the other hand mostly consolidated today, as prices mainly traded close to the $43,000 region.
Bitcoin
Friday saw BTC fall for a fourth straight session, as prices continued to reach lower lows throughout the course of this week.
Following a low of $42,899.91 during Thursday’s session, BTC/USD dropped below this point, hitting a bottom of $42,884.58 today.
This drop sees BTC continuing to trade close to a two-week low, and....
Following recent back-to-back surges in price, both ETH and BTC were down during Friday’s session. Bitcoin fell by almost 5% today, while ETH was down by a similar figure, with both retreating back towards levels of support. Bitcoin After a strong rebound in prices mid-week, the world’s largest cryptocurrency was trading lower on Friday, as BTC fell to its support level. Following a peak of $42,699.87 during Thursday’s session, BTC/USD fell to an intraday low of $40,063.83 earlier today. This was marginally below the long-term floor of $40,100 for bitcoin, and comes as....