Bitcoin Inches Closer To Elusive $21,000 Level As BTC Shows Resilience
Bitcoin is just a few hundred dollars away from reclaiming the vaunted $21,000 territory in the face of bear market pressures. On October 26, Bitcoin peaked at $20,866 as it helped the sector push its total market capitalization to over $1 trillion. The momentum, however, wasn’t enough for the asset to break past the $21K […]
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Yearn.finance’s YFI governance token has been inching closer and closer to the $30,000 level for the past few days and weeks, with the selling pressure here proving to be somewhat significant on multiple occasions. Overall, the crypto’s price is currently caught within a holding pattern similar to that seen by Bitcoin and Ethereum, Until the […]
Crypto market inches closer to a $2 trillion market cap with each rally. The total market cap had crashed following its peak back in May when the entire market saw a crash across prices. Since then, the movement of the market cap has wavered between slight recoveries and dips. The total crypto market cap had crashed to as low as $1.2 trillion at some point in June. The market cap has now resumed its upward climb, seeing the price of top coins post tremendous gains in the market. Getting back up to $2 trillion remains a big point for the market in general. The total crypto market cap has....
Crypto market inches closer to a $2 trillion market cap with each rally. The total market cap had crashed following its peak back in May when the entire market saw a crash across prices. Since then, the movement of the market cap has wavered between slight recoveries and dips. The total crypto market cap had crashed to as low as $1.2 trillion at some point in June. The market cap has now resumed its upward climb, seeing the price of top coins post tremendous gains in the market. Getting back up to $2 trillion remains a big point for the market in general. The total crypto market cap has....
Litecoin's bullish technical pattern, the Reverse Head & Shoulders has failed, in line with my expectations. The price has dropped 1.70% to $1.671, just inches away from the strong support level of $1.669. I am expecting this base to be violated in the coming sessions and see sub-$1.600 levels for the cryptocurrency. My bearish outlook is well supported by the technical considerations derived post an analysis of the 240-minute LTC/USD price chart. Litecoin Chart Structure - Earlier, Litecoin faced stiff resistance from near $1.690 level but eventually crossed this barrier on low fuel. As a....
Altcoins, after three years of a bear market, are lagging far behind Bitcoin in terms of overall recovery. Ethereum, XRP, and several others are still more than 50% away or more from their all-time highs, while Bitcoin inches closer to revisiting its. Bitcoin is undeniably bullish, but altcoins are currently showing indecision in more ways […]