Bitcoin Retests $20K While CEL Holds Gains Amidst Market Bleeding
The world’s foremost cryptocurrency, Bitcoin, has had an eventful week as it briefly hit the $22,500 benchmark on Friday. The crypto has been having a hard time for the past month, trading below $20,000. Detractors even went so far as to predict a $12,000 drop for the token amid the broader market’s bearish turn. Yet it rallied last week, breaking the $22,000 resistance mark before dropping again. Today, Bitcoin has climbed back and is currently trading around the $20,000 mark. Meanwhile, as the crypto ecosystem undergoes bearish turns in the throes of inflation, the Celsius price dropped....
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XRP fell by over 10% on Tuesday, as bearish pressure once again intensified in crypto markets. As of writing, the global cryptocurrency market capitalization was almost 5% lower, following marginal gains this morning.
Biggest gainers
The bleeding in crypto markets continued this afternoon, as such, it was difficult to find any remaining bulls due to the sea of red candles.
Relatively speaking, there were a few which managed to stand out, the most notable of them being anchor protocol.
As of writing, anchor protocol (ANC) is up almost 9%, after hitting an....
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Many cryptocurrencies have seen their bull market gains wiped out since the start of 2022 and Ethereum has not been left out. However, investors in the digital asset have fared better than most given how many of them still remain in profit. Data shows that the gainers in Ethereum are still holding steady as half […]
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