Crypto Markets Regain Billions, Bitcoin Price Bounces Back 15%, Analyst Says ...
The price of bitcoin and a number of digital assets saw significant gains on Monday, as the entire market capitalization of the crypto economy has gained 2.4% in the last 24 hours. Bitcoin’s value passed the psychological $50k zone after hitting a low of $43,021 the day prior on Sunday. Bitcoin (BTC) touched a high on Monday, March 1, at $50,244 per unit at around 7:26 p.m. (ET). At the time of publication, BTC’s overall market valuation is around $926 billion and there’s $22.83 billion in global trade volume. The current price is over 15% higher than the low of $43,021....
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Cryptocurrency markets have dropped significantly in value during the last 24 hours as the entire market capitalization of all 10,000 crypto assets in existence has dropped below the $3 trillion mark to $2.77 trillion on Tuesday morning (EST). After tapping $66K on Monday, bitcoin’s price slid below the $60K handle to a low of $58,563 per unit. After the steep fall, bitcoin’s price has recovered some losses, rising back above the $60K range and has started to show some consolidation. Bitcoin, Ethereum, Top Cryptos See Double-Digit Losses in 24 Hours Digital currencies are....
Digital currency markets have shed billions once again, as the entire crypto-economy has been cut down from well over $2 trillion to today’s $1.44 trillion market valuation. Bitcoin was coasting along just above the $38k handle before 9 p.m. (EST) yesterday evening but after that point, sellers started capitulating and the price dropped under $34k. Crypto Economy Shaves Billions Crypto prices are down on Sunday after a number of markets tried to regain strength on Friday and Saturday. Bitcoin (BTC) and a number of other digital assets have lost significant value, as last....
Avalanche (AVAX) is now testing a critical support zone at the $20 level after a strong 55% surge from local lows registered in early April. This level could determine the next phase of price action, as bulls aim to reclaim control and push prices into higher territory. Holding this support is essential to maintain the bullish momentum built over the past few weeks. Related Reading: Ethereum Tests Critical Range: Breakout Or Breakdown? However, macroeconomic tensions and persistent global market volatility continue to weigh heavily on investor sentiment. With financial markets responding....
A crypto analyst has maintained a bullish outlook on Bitcoin (BTC), the world’s largest cryptocurrency, predicting massive rallies in the future. The analyst projects that Bitcoin could rise as fast as it fell, mirroring the speed of its crash as it regains all the value shed during its decline. Bitcoin Set For Rapid Recovery In an X (formerly Twitter) post on August 6, a crypto analyst identified as ‘The Crypto Dog’ has shared an optimistic forecast on the future outlook of Bitcoin. The analyst believes that Bitcoin may recover quickly from its recent market declines, highlighting that....
BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the market. The cryptocurrency market along with the tech-heavy Nasdaq saw a bit of positive price action on July 5 amid a backdrop of rising recession concerns in the United States. Data from Cointelegraph Markets Pro and TradingView shows that an early morning onslaught by bears managed to drop Bitcoin (BTC) to a daily low of $19,309 before reinforcements arrived to bid the price back above support at $20,400 during the afternoon. BTC/USDT 1-day chart.....