Bitcoin, Ethereum Technical Analysis: Crypto Prices Fall Lower as Markets Con...
Less than 24 hours after U.S. President Biden’s executive order, cryptocurrency markets were back in the red, as the global market cap fell by over 5%. Bitcoin was once again trading below $40,000, with ETH hovering marginally above $2,500. Bitcoin As the smoke clears following yesterday’s executive order, crypto traders seem to be coming to terms with what this announcement could mean for the space long-term. The world’s largest cryptocurrency is currently down by over 7% on Thursday, wiping out all of yesterday’s gains. Following Wednesday’s peak of....
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Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent market sentiment. Following a high of $44,309.03 on Wednesday, BTC/USD fell below $43,000 during today’s session, and is down by over 3% as of writing. The move saw BTC hit an intraday low of $42,685.75, sending prices closer to recent support at $41,765. This drop in price comes as the....
Bitcoin was trading lower to start the week, as markets were anticipating the release of U.S. president Biden’s executive order on cryptocurrencies. Ethereum also remained in the red, and continues to track at multi-week lows. Bitcoin Bitcoin prices were almost 12% lower from the same point last week, as prices fell for a sixth straight day on Monday. Following a high of $39,394.44 on Sunday, BTC/USD dropped to a low of $37,358.00 to start the trading week. The move saw BTC near its long-term support against the dollar of $37,200, hitting its lowest level since February 4 in the....
Bitcoin and ethereum saw recent losses extended on Thursday, as global cryptocurrency markets declined during today’s session. Solana was also in the red, trading nearly 15% lower today. Bitcoin Following Wednesday’s drop in prices, BTC/USD declined for the second consecutive session, trading 5.25% lower as of writing. This selloff saw prices hit an intraday low of $36,375.54, following a high of $38,437.68 during Wednesday’s market session. As a result, the move saw bitcoin prices move closer to support of $35,000, which is a point it hasn’t reached since....
Cryptocurrency markets consolidated on Friday, as bulls marginally pulled back following strong gains in yesterday’s session. Bitcoin fell slightly below $24,000, as prices were once again unable to move past a key ceiling. Ethereum was also lower, however continued to trade close to $1,900. Bitcoin Bitcoin (BTC) prices fell marginally lower on Friday, as crypto bulls retreated following strong gains during yesterday’s session. The world’s largest cryptocurrency dropped to an intraday low of $23,828.59 in today’s session, which comes after a high of $24,822.63....
Cryptocurrencies were initially in the red to start the week, despite several crypto firms securing lucrative Super Bowl ad slots. Over 100 million viewers watched the “crypto bowl” advertisements, however bitcoin prices started lower on Monday. Bitcoin BTC/USD is lower for a fifth consecutive session to start the week, as markets gave up all of last week’s gains. BTC/USD fell to an intraday low of $41,681.96 on Monday, following a peak of $42,693.05 during Sunday’s session. The recent decline in prices has pushed BTC closer to support of $40,800, a level it....