Bitcoin's price was largely rangebound following the recovery from the crash of May 23. However, altcoins have offered double-digit gains in the same time period. This leads traders to the question, iThe post Is trading LTC, ETC, MATIC, LINK, or XRP (and other alts) more profitable than Bitcoin? appeared first on AMBCrypto. origin »
What's the motivation behind purchasing an altcoin? For some, a specific altcoin is an entry into a different facet of the larger cryptocurrency space. While some offer exchange-related on and off-ramThe post Bitcoin and gold versus Chainlink and the market's alts appeared first on AMBCrypto.
Another day, another market correction. The collective cryptocurrency market fell to a market cap of $168 billion as Bitcoin's dominance stood firm at 65%. Following Bitcoin's footsteps were alts and The post Ethereum Classic, Maker, Bitcoin Cash price: Alts hint at mild revival signs appeared first on AMBCrypto.
Bitcoin closed January in bullish fashion, ending with a 30 percent-plus price increase. While this set a positive tone for what could be a big year to follow, with the halving less than 100 days awayThe post Bitcoin not the only gainer: Litecoin, BNB, BCH and other alts exhibit an early lead appeared first on AMBCrypto.
Bitcoin and alts have seen a massive correction since they peaked in December 2017. Some people have predicted this to be the death of Bitcoin and of all the other coins that are collectively categorised as ‘shitcoins’ in crypto terminology.
The recent announcement that Ripple has partnered with the three exchanges of Bittrex, Bitso and Coins. ph, is partly the reason XRP has recovered from one of its lowest lows this year. August 14th found XRP valued at $0.
In two short weeks, ETHUSD has devalued by 50% of its market value. With little to no relief for the underwater bulls, ether seems to be accelerating downward as buyer confidence is lacking and showing signs of capitulation.
Cryptocurrency values have taken a bearish turn this week as negative market sentiment suppresses a minor late-July rally, with most major alts taking a hit as confidence in Bitcoin wavers. Positive news from crypto trading giant Coinbase, however, has provided both Ethereum Classic and Basic Attention Token with immunity from bearish market action.
Also Read: Markets Update: BTC Gains 30% in Two Weeks, Alts Lose Correlation CME Reveals 93% Growth in Daily Volume During Q2 Chicago Mercantile Exchange has announced that trading volume for its bitcoin futures contracts nearly doubled quarter-over-quarter.
Cornerstone Research, an economic and financial consulting company, has published a report finding that more than 6% of the securities class action filings made in 2018 have related to initial coin offerings (ICOs) and cryptocurrencies.
The BTC markets have gained approximately 30% in two weeks, with prices currently sitting at $8,300 USD after roughly 48 hours of consolidation above $8,000. After producing gains against the dollar, many other leading cryptocurrency markets have continued to produce inverse correlation when measured against BTC.
July 23: Following a major upswing that kicked off on July 16, Bitcoin (BTC)’s price performance has diverged from other top cryptocurrencies. As Coin360 data shows, the top coin continues to build on its recent gains, while most major alts are struggling to maintain positive momentum.
July 20: Bitcoin (BTC) has split off from other top cryptocurrencies and shows markedly more resilience in holding on to gains secured in the major upswing that kicked off earlier this week. Market visualization from Coin360 As Coin360 data shows, the top coin is an island of green, while most major alts are struggling to
Key Takeaways
What’s driving Bitcoin’s continued decline below $100k?
Aggressive selling by whales, miners, and institutions has intensified downward pressure on BTC’s price.
What technical iThe post Bitcoin: Will $1.
Key Takeaways
What clues does the Bitcoin Dominance give to investors?
It signaled BTC has been weaker than the altcoin market over the past two weeks, but the longer-term outlook confirmed we are aThe post What does the Bitcoin Dominance say about altcoin season odds? appeared first on AMBCrypto.
Key Takeaways
What informed Fidelity’s crypto market floor call?
Fidelity’s Chris Kuiper said STH capitulation and weak sentiment levels mirrored past local bottoms.
What’s holding backThe post Bitcoin and the crypto market may have bottomed, says Fidelity exec appeared first on AMBCrypto.
Key Takeaways
What happens as Bitcoin plunges toward key support?
As Bitcoin plunges below its support level, holding above $82K is critical. Falling below this level could trigger capitulation fromThe post Bitcoin plunges: Why THIS level is crucial to avoid a 2022-style BTC crash! appeared first on AMBCrypto.
Key Takeaways
Will BTC recover this week?
It depends on the Jobs report. A weak report could improve the odds of a Fed rate cut, sentiment, and trigger a relief rally. But a strong labor could dThe post Bitcoin recovery on edge amid Fed rate cut uncertainty & ‘liquidity squeeze’ appeared first on AMBCrypto.
Key Takeaways
Why is Saylor positive about the drawdown?
According to him, it’s a healthy market reset that flushes out excess leverage and weak hands for the next rebound to a new all-time hiThe post Why Bitcoin’s 30% drawdown is a 'healthy thing,' reveals Michael Saylor appeared first on AMBCrypto.
Key Takeaways
What does crypto winter mean for the average market participant?
It means investor confidence is shrinking, and is reflected in reduced market confidence and steady price declines acroThe post Crypto winter ahead? 28% market crash & Bitcoin’s price drop sparks panic appeared first on AMBCrypto.