In the last 24 hours, the crypto market has slightly declined by $ 2 billion in valuation as the Bitcoin price fell by one percent. The decline in the value of major crypto assets in the likes of Ripple (XRP) and Ethereum (ETH) which recorded drops in the range of three to five percent prevented the market from continue recovering. From January 30 to January 31, the crypto market seemed to be rebounding as its valuation rose from $ 111 billion to $ 115 billion. But, in the past 12 hours, the valuation fell back to $ 112 billion, unable to sustain its momentum.
The price of Stellar (XLM) recently breached support at $ 0.10 as the technicals of the now ninth-largest cryptocurrency have begun to breakdown. To read this article you must be a subscriber Members can login here. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed Premium members gain exclusive access to content that’s not available to the average reader, including breaking […]
By CCN.com: Wall Street firm JP Morgan has predicted that HODLers should expect to experience more pain if the crypto winter persists. According to JPMorgan analysts, the price of bitcoin could fall to as low as $ 1,260, Reuters reports. The same analysts have, however, estimated that bitcoin’s ‘cost support’ is at around the $ 2,400 level. … Continued
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By CCN.com: In the past 24 hours, the crypto market has experienced a slight decline in valuation from $ 224 billion to $ 219 billion as the Bitcoin price dropped to $ 3,500. Previously, traders said that a drop below the $ 3,500 mark could lead the price of Bitcoin to test key support levels in the low $ 3,000
The post $ 5 Billion Wiped Out of Crypto: Bitcoin Below $ 3,500 Could Spell Trouble appeared first on CCN
Bitcoin fell below $ 3,500 as $ 5 billion was wiped out of the crypto market, and major digital assets like Ethereum recorded a six percent drop against the U.S. dollar. The 4.8 percent drop in the combined valuation of all cryptocurrencies in the global market comes after a strong sell-off on January 11. Bitcoin Weakness Expected
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In the last 48 hours, the volume of the crypto market has dropped from $ 15 billion to $ 13 billion as the Bitcoin price fell below the $ 3,600 mark. Analysts have started to demonstrate concerns regarding the declining volume of digital assets and the potential scenario of cryptocurrencies free falling without significant sell pressure from bears.
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The bitcoin price will crater below $ 3,000 amid a mass sell-off. That’s what futures trader Anthony Grisanti predicts about the ongoing Crypto Winter. “I’m looking for a move down to $ 3,000, which would represent a real weakness in this market,” Grisanti told CNBC. “It could be the driver that gets people to bail out of this and
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Mark Dow, a trader who shorted Bitcoin (BTC) from its all-time high at $ 19,500 to $ 3,500, said that the dominant cryptocurrency could be in trouble if it does not escape the $ 5,000 to $ 6,000 range in the short-term. Dow, who made headlines earlier this month for exiting his short position on Bitcoin, said that the
The post Trader: Crypto Investors Need to ‘GTFO’ if Bitcoin Price Falls Below This Level appeared first on CCN
In the past 24 hours, the crypto market recorded a loss of over $ 7 billion as its valuation dropped from $ 134 billion to $ 127 billion. The Bitcoin price declined below the $ 4,000 mark after surging to $ 4,100, struggling to maintain its newly found momentum. As the Bitcoin price dropped from $ 4,162 to $ 3,780 and demonstrated
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Over the past 48 hours, the Bitcoin price has stabilized at around $ 3,400 after dropping to a new yearly low at $ 3,210 on December 7. On a weekly basis, Bitcoin (BTC) is up six percent from $ 3,210 to $ 3,400 but the cryptocurrency market has lost $ 14 billion of its valuation against the U.S. dollar mostly
The post Bitcoin Price to Likely Avoid Drop Below $ 3k as Crypto Loses $ 14 Billion in 1 Week appeared first on CCN
The price of Bitcoin (BTC) plummeted another 10% on Saturday, breaking through the $ 4,000 psychological level. Now, BTC is trading down over 12% to $ 3,844, giving the cryptocurrency a $ 66.8 billion market cap and making it 53.6% of the $ 124.6 billion crypto market. Similarly, the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens, is currently […]
The bitcoin price kicked off this week on a depressive note, extending its current bearish bias to another low level. The BTC/USD index fell from 5502-fiat to 4886-fiat on Monday, recording more than 11 percent in losses. The price action bled through crucial support levels that had a history of reversing bearish trends. It confirmed
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It has been more than 24 hours since bitcoin scared investors with a sudden 10 percent drop. But there hasn’t been a concrete recovery action — yet. The bitcoin-to-dollar exchange rate has surged 2.21 percent from its previous low at 5291-fiat, now trading at 5408-fiat. The coin’s market cap has risen likewise but remains below
The post Bitcoin Market Cap Slides Below $ 100 Billion as BCH Fork Spooks Investors appeared first on CCN
The bitcoin cash price crashed below the $ 400 level on Thursday, less than two hours before the fourth-largest cryptocurrency’s network is expected to splinter into competing versions following a contentious hard fork. The crypto market had already been battered over the previous 48 hours, with every major cryptocurrency posting losses in excess of 10 percent
The post Newsflash: Bitcoin Cash Price Careens Below $ 390 as Hard Fork Approaches appeared first on CCN
This week’s crypto downturn forced the cryptocurrency market cap past an uncomfortable milestone on Wednesday, with the cryptocurrency market cap dropping below the $ 200 billion mark a day ahead of the contentious Bitcoin Cash hard fork. The crypto market had traded as high as $ 220 billion on Nov. 7, about the time many bulls were
The post Newsflash: Crypto Market Cap Drops Below $ 200 Billion for First Time in November appeared first on CCN
The past week has not been too impressive for Dogecoin price speculators. A hefty net loss has been recorded over the past seven days, and the current daily chart will not offer much hope either. There is no real social media activity taking place either, which might indicate DOGE will continue to lose value in the coming weeks.
Chart for LSK/USD (1W)
Lisk (LSK) is the popular fork of a cryptocurrency known as Crypti. The ambitious cofounder of Lisk, Max Koredk created the fork version to build his own blockchain for smart contracts and Dapp development. This happened in 2016, the same year Microsoft partnered up with the project for help with its Microsoft Azure Service. Lisk (LSK) recently lost its place in the top 20 league but we believe that is temporary as Lisk (LSK) is a coin with immense potential.
After rising to $ 6,700 on fiat-to-crypto exchanges and achieving $ 7,700 on Bitfinex, Bitcoin has stabilized at $ 6,500. Over the past 48 hours, the volume of Bitcoin has risen from $ 3.2 billion to $ 7 billion at its peak, but has since dropped to $ 4 billion. In a two-day period, BTC has shown a 25 percent increase
The post Bitcoin Has Hit the Bottom: Why it is Unlikely to Fall Below $ 6,000 appeared first on CCN
Bitcoin (BTC) cannot fall below $ 5,800. There, I said it. It might not be possible to say what price Bitcoin (BTC) might reach by the end of the year. That is because one will have to speculate. However, to see if Bitcoin (BTC) can fall below a certain level, there is no need for speculation. We have plenty of historical data to base our analysis on. There are two straightforward charts that form the basis of this analysis.
For over a week, Bitcoin has remained relatively stable in the $ 6,400 to $ 6,600 range, struggling to sustain its daily trading volume across major crypto exchanges. Within the past 48 hours, the volume of Bitcoin has declined from $ 4 billion to $ 3.2 billion on Coinmarketcap and from $ 2.6 billion to $ 2 billion on CoinCap.io, the
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