Bitcoin, Ethereum Technical Analysis: BTC Climbs to 2-Week High
Bitcoin continued to trade above $20,000 on Wednesday, as the token remained near a two-week high. Bullish momentum in cryptocurrency markets has been higher this week, with prices surging after a recent downward spell. Ethereum, on the other hand, was largely unchanged in today’s session. Bitcoin Bitcoin (BTC) was once again trading above $20,000, as the token continued to trade near a two-week high. BTC/USD surged to a peak of $20,479 late in Tuesday’s session, which was its highest point since September 13. On Wednesday, prices remained near this level, however slipped....
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ETH rose to its highest level since the start of January to begin the weekend, as prices rose following yesterday’s consolidation. BTC also rallied, however remains below this week’s high of over $48,000.
Bitcoin
Although BTC started the weekend trading below this week’s high of $48,278, bulls looked to recapture this level, by moving away from Friday’s lows.
Following the nonfarm payrolls report, BTC fell to a low of $44,846.26 on Friday, however to start the weekend, prices rose to a high of $47,028.28 on Saturday.
This move....
During a volatile day of trading, ethereum classic rose to a one-week high earlier in the session, before falling victim to a red wave. AXS also rose today, climbing by over 12% in the day, however, a bearish wave pushed prices lower as the day progressed. Ethereum Classic (ETC) ETC climbed to a one-week high earlier in Thursday’s session, when bulls were still buoyed by yesterday’s Fed decision. However, as the day progressed, these bulls turned to bears, as the magnitude of the current inflationary landscape continued to spark market uncertainty. ETC/USD rose to an....
Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rate hike by the Fed. Ethereum was also higher, as prices approached $1,800.
Bitcoin
Bitcoin (BTC) was trading higher for a third straight day, as prices climbed over $24,000 in today’s session.
The world’s largest cryptocurrency hit an intraday peak of $24,294.79 earlier in the day, which comes after BTC was at a low of $22,722.27 on....
Shiba inu (SHIB) is up over 50% as of writing, with cryptocurrency markets continuing to gain momentum to start the week. The so-called ‘meme coin’ rally has seen SHIB recapture a $16 billion market capitalization.
Biggest gainers
On Monday, bitcoin (BTC) and ethereum (ETH) both reached multi-week highs, with DOGE and XRP also trading over 10% higher, however, none of these came close to today’s big gainer.
Shiba inu (SHIB) was today’s bull of the day, and was up by 48% as of writing, hitting an intraday high of $0.00003484 in the....
Ethereum also drew its bullish cues also from the anticipation of higher demand as its active supply runs dry.