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Market Wrap: Crypto Rally Continues, Smaller Altcoins Outperform Bitcoin in June
21.6.2022
Market Wrap Tuesday, June 21th
Ethereum, Altcoins Outperform Bitcoin, while SOL, ADA, and DOT Rally
14.6.2022
After testing the USD 21,000 support zone, bitcoin moved higher and touched USD 23,000 before correcting lower again. It is currently (11:44 UTC) consolidating losses near USD 22,000 and is down almost 8% in a day and 29% in a week.
Similarly, most major altcoins are consolidating losses....
Bitcoin and Ethereum Fluctuate in a Range, LINK and XTZ Outperform
10.6.2022
Bitcoin price remained below the USD 31,200 resistance and moved towards USD 30,000 again. BTC is currently (03:52 UTC) trading below USD 30,200 and is unchanged in a day and down 1% in a week. A clear move below USD 29,500 could start a stronger decline.
Similarly, most major altcoins...
Bitcoin and Ethereum Still Consolidate, LINK, HNT, and XTZ Outperform
9.6.2022
Bitcoin price moved lower in a range and tested the USD 30,000 level before recovering. It is currently (11:48 UTC) still stuck in its usual range and trades near USD 30,400. BTC is unchanged in a day and up almost 3% in a week.
Similarly, most major altcoins are trading in a range. ETH...
Bitcoin and Ethereum Still Range-Bound, LINK and THETA Outperform
8.6.2022
After dropping from USD 31,500 to USD 30,000 earlier today, bitcoin somewhat recovered and is currently trading near USD 30,500 again. BTC is up 3% in a day and down 4% in a week.
Similarly, most major altcoins are facing key hurdles. ETH failed to stay above the USD 1,850 resistance zone....
Bitcoin and Ethereum Extend Gains, ADA and SOL Outperform
6.6.2022
Bitcoin price started a decent increase above the USD 30,500 resistance, cleared the USD 31,200 resistance zone, and even tested the USD 31,500 level. BTC is currently (11:58 UTC) trading near USD 31,400 and is up almost 6% in a day and over 6% in a week. ...
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Market Wrap: Altcoins Outperform as Bitcoin Stabilizes Around $30K
10.5.2022
Bitcoin (BTC) and other cryptos stabilized on Tuesday amid rising correlations with stocks. Altcoins such as MATIC rallied over the past 24 hours, indicating a greater appetite for risk among short-term traders
DeFi Tokens Are April's Biggest Losers as Revenues Fall; Memecoins Outperform
6.5.2022
The past April saw bearish sentiment despite being a historically favorable month for cryptocurrencies
Bitcoin and Ethereum Consolidate, WAVES and ZIL Outperform
5.5.2022
Bitcoin price climbed above the USD 39,500 resistance level and tested the USD 40,000 resistance, where it faced sellers. It is currently (11:49 UTC) consolidating gains near USD 39,500 and is up 1% in a day and a week.
Similarly, most major altcoins are consolidating gains. ETH struggled above...
Bitcoin and Ethereum Keep Trending Lower, APE and GMT Outperform
25.4.2022
Bitcoin price failed to recover above the USD 40,500 resistance zone and started a fresh decline below USD 40,000. It is currently (04:10 UTC) showing bearish signs near USD 39,250 and might extend losses below the USD 38,800 support zone. BTC is down almost 2% in a day and over 1% in...
Market Wrap: Altcoins Outperform as Sentiment Improves; Bitcoin Within 'Value Zone'
19.4.2022
Bitcoin (BTC) and other cryptos rose on Tuesday, indicating a greater appetite for risk among traders. Some analysts suggest bitcoin is entering a value zone, which typically precedes strong breakouts or breakdowns in price
XRP, Dogecoin Outperform as Crypto Markets Continue Slide
15.4.2022
XRP’s rise came amid positive sentiment for the payments tokens as Ripple founder Brad Garlinghouse said his company's ongoing defense against the SEC's lawsuit was going “much better than expected.”
Bitcoin and Ethereum Inch Higher, LUNA and AVAX Outperform
14.4.2022
Bitcoin price formed a base above the USD 39,500 zone. As a result, BTC started a steady upward move above the USD 40,500 resistance. It is currently (03:39 UTC) showing positive signs above USD 41,300 and might eye a move above the USD 42,000 resistance zone. BTC is up 3% in a day, trimming...
Market Wrap: Crypto Sell-Off Pauses as Volatility Fades; Altcoins Outperform
12.4.2022
Bitcoin (BTC) and other cryptos stabilized on Tuesday amid lower volatility. Options traders remain uncertain as demand for puts began to outweigh demand for calls. Stocks were also mixed, while gold traded higher
Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds
8.4.2022
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks. BOFA...
Metaverse Land Prices Fall, But Still Outperform Ethereum
6.4.2022
Prices of land plots in the metaverse fell by 18% last month from an all-time high seen the month before, according to an index covering 30 of the top virtual worlds. However, virtual land still outperformed the price of Ethereum’s native token ETH when seen over the past year as...
Bitcoin and Ethereum Move Higher, MKR and CELO Outperform
5.4.2022
Bitcoin price found support just above the USD 45,000 level. BTC started a decent upward move and climbed above USD 46,200. It is currently (04:16 UTC) showing positive signs near USD 46,700 and might attempt an upside break above USD 47,200.
Besides, most major altcoins are trading in...
Market Wrap: Bitcoin Rebounds Amid Lower Volatility, Altcoins Outperform
1.4.2022
Bitcoin (BTC) and other cryptos rose on Friday as bullish sentiment returned. Altcoins such as AAVE and SOL took the lead, indicating a greater appetite for risk among crypto traders. Meanwhile, stocks declined after the strong US jobs report
Market Wrap: Altcoins Outperform Bitcoin, Traders Cautiously Await Breakouts
23.3.2022
Bitcoin (BTC) is trying to establish a higher price range, but upside could be limited toward $51K, according to some analysts. Macro concerns remain, which has kept some traders on the sidelines, especially in the BTC futures market
Market Wrap: Bitcoin in Recovery Mode, Crypto Stocks Outperform
22.3.2022
Bitcoin (BTC) held above $42K, while ether (ETH) reached $3K for the first time in two weeks. Some indicators suggest its too early to confirm "altcoin season," although risk appetite is improving. Meanwhile, BITQ crypto stocks ETF is outperforming BTC