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Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day


BTC prices continued to trade down but within a narrow trading range. Bitcoin (BTC) fell 2% on Tuesday, its fourth consecutive daily decline.The largest cryptocurrency by market capitalization has dropped 6% since crossing $25,000 briefly on Aug. 14.Ether’s (ETH) price also tumbled for a fourth...

Bitcoin and Ethereum Gain Bearish Momentum, Altcoins Slide


Bitcoin price started another decline below the USD 23,500 support zone and moved below the USD 23,000 level. It is currently (04:03 UTC) trading near USD 22,900 and is down over 4% in a day and almost 1% in a week. Similarly, most major altcoins are gaining bearish momentum. ETH is down 6%...

US Inflation Jumps More than Expected in June; Bitcoin & Ethereum Slide


Annual inflation in the US hit 9.1% in June, or more than what analysts had expected, and up from 8.6% in May. It reached the highest level in 41 years. (This is a developing story and is being constantly updated). In a month, prices jumped 1.3%, also more than expected. The so-called annual...

Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low


On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022....

Bitcoin, Ethereum, and Altcoins Slide, WAVES Rallies


  Bitcoin price started another bearish wave after it failed to clear the USD 32,000 resistance. BTC declined almost 6% and traded below USD 30,000. It is currently (04:33 UTC) showing bearish signs near USD 29,770 and is almost unchanged in a week. Similarly, most major altcoins reversed gains....

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