Bitcoin Outperforms As Altcoins Struggle – Key Metrics Describe A Strong Dive...
Bitcoin has experienced a quiet weekend, following the massive volatility seen last week. The price has remained indecisive, closing around the $96,500 mark for five consecutive days. Bulls have lost control, unable to reclaim the $100K level, while bears struggle to push the price into lower demand zones. This tug-of-war highlights the uncertainty in the […]
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Chainlink has been one of the few altcoins to see some notable momentum throughout the past few days, as most altcoins have been struggling to rally despite the overt bullishness seen by Bitcoin. The crypto remains well below its 2020 highs of $20.00 that were set a few months ago, but it could be just […]
Ethereum has undergone a strong bounce since the lows seen in September. As of this article’s writing, the coin trades for $372, around 20% above those lows. The cryptocurrency is about the set a weekly close above the $365-370 resistance. Despite this strong bounce in the price of Ethereum, on-chain metrics show that the blockchain is currently weakening. Fortunately, the leading cryptocurrency has positive fundamental and technical trends that may result in growth in the […]
Bitcoin dominance has taken a dive since the number one crypto by market cap underperforms altcoins. The metric, used to measure the percentage of the crypto market cap formed by BTC, was trending to the upside but seems to be changing direction and could hint at more losses for the industry. Related Reading | Bitcoin Bearish […]
Spider-Man NFTs, a digital rock that costs more than a car, and the first dive of collegiate engagement in non-fungible tokens. It’s just another week in NFTs. However, it’s not all sunshine and rainbows. Popular crypto analyst Mr. Whale shared some sentiments this week that describe NFTs as pure money laundering schemes. Let’s take a […]
BNB has entered a historic phase after surging above the $1,000 mark, positioning itself as one of the few altcoins from the previous cycle to chart fresh all-time highs. This milestone underscores its resilience and strength, particularly in a market where most altcoins continue to struggle with volatility and downside pressure. Related Reading: Ethereum Accumulation […]