Crypto Markets Rattle As Bitcoin Sinks Under $77K Following Oil Spike
Bitcoin’s technical indicators had just started flashing warning signs when crude oil markets made things worse. The MACD histogram turned red — a signal that buying pressure was fading — right as West Texas Intermediate crude surged past $104 a barrel, rattling risk assets across the board. Related Reading: Bitcoin Bull Run Brewing: ATH In Sight By Late 2026: Analyst Bitcoin Gives Back Recent Gains BTC had clawed its way above $78,000 earlier this week, briefly restoring confidence among buyers. That recovery is now gone. The cryptocurrency slipped below $77,000 on April 28, trading....
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Cryptocurrency markets have suffered significant losses during the last 24 hours, as the entire crypto market cap has dropped below a trillion to $823 billion losing roughly 9.9% in value. Since the bitcoin price height on Sunday, January 10, bitcoin’s price plummeted over 25%, seeing the largest price dive of the year. Digital currency markets are in the red on Monday, as crypto assets have lost anywhere between 15% to over 35% during the last 24 hours. The leading digital asset by market valuation, bitcoin (BTC) is down over 20% at the time of publication. Bitcoin (BTC) dropped to....
The jump in the price of Bitcoin over the $900 mark in the last few days of 2016 has been considered a twist that would further push the digital currency, whose market cap is near the $15 bln mark, into the mass markets. DECENT CEO Matej Michalko notes regarding the spike: “This is a major advance in the understanding of Blockchain technologies by the early majority. Bitcoin is on its way to mass markets.” Breaking the record. Bitcoin’s current price of $903 is only a 25 percent increase shy of its all-time high record of $1,127, according to figures from CoinMarketCap. Recent developments....
Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday to today’s low of $43,189 per unit. Bitcoin (BTC) prices have dropped -25.98% since last Sunday and today the crypto asset has touched a new low. At 10:48 in the morning, New York time, BTC prices touched a low of $43,189 per coin. BTC is down over 7% today but is still up 28% during the last 30 days....
Bitcoin is struggling to reclaim the $80,000 level after a sharp and prolonged decline that has erased over 30% from its all-time high. Selling pressure continues to mount as trade war fears and macroeconomic instability rattle global financial markets. The uncertainty fueled by aggressive tariff policies and geopolitical tension has accelerated the downturn, with altcoins […]
A number of crypto-asset markets saw significant gains on Saturday, as a myriad of digital assets spiked between 4-40% in value during the last 24 hours. The entire crypto market capitalization had risen above $540 billion, as top-ten coin values from the likes of bitcoin cash, cardano and XRP jumped massively in value. On Saturday, November 21, 2020, the overall market valuation of all 7,000+ crypto-assets in existence is around $520 to $540 billion. At the time of publication, there’s also around $20 to $32 billion in global trade volume as well. The top digital currency in terms....