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Bitcoin Nears USD 40K, Ethereum Below USD 3K, Altcoins in Red


  Bitcoin price started a stronger decline after it failed to stay above the USD 42,500 support zone. BTC even declined below USD 41,200 and traded close to USD 40,000. It is currently (04:18 UTC) correcting losses near USD 40,700, but the bears might be active near USD 41,200. Similarly, most...

Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Fall Lower Against USD


Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent...

Bitcoin and Ethereum Trend Lower, ATOM Accelerates


  Bitcoin price struggled to surpass the USD 44,500 resistance zone. There was a downside correction below USD 44,000 and USD 43,500. It is currently (11:51 UTC) showing bearish signs below USD 43,200. Similarly, most major altcoins are also moving lower. ETH traded below USD 3,080, while...

Bitcoin and Ethereum Consolidate Below Key Hurdles, NEO and DASH Outperform


  Bitcoin price is consolidating below the USD 44,500 resistance zone. It is currently (04:21 UTC) showing bearish signs near USD 43,600 and is almost unchanged in a day. Similarly, most major altcoins are stuck below key hurdles. ETH is down over 1% and it must clear the USD 3,200 resistance...

NFT Sales Nosedive This Week as Volume Drops Close to 30%


According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...

Bitcoin and Ethereum Fluctuate, NEO Accelerates, LEO Keeps Dropping


  Bitcoin price failed to gain strength above USD 44,500. BTC corrected lower and moved below USD 44,200 before recovering. It is currently (11:55 UTC) trading above USD 44,200 and is unchanged both in a day and a week. Besides, most major altcoins are also looking for a direction. ETH topped...

Bitcoin at Ethereum Correct Gains, MANA and AVAX Rally


  Bitcoin price climbed above the USD 44,200 resistance zone, even spiked above USD 44,500, but it failed to continue higher. It is currently (04:05 UTC) correcting gains near USD 44,000 and might find bids near USD 43,500.... Read More: Bitcoin at Ethereum Correct Gains, MANA and AVAX Rally

Relatively Unknown Protocols Push TVL in Defi Above the $200 Billion Range


On February 15, the total value locked (TVL) in decentralized finance (defi) platforms is just above the $200 billion range, after a brief slump below that region last week. Out of the entire TVL in defi today, Ethereum commands 59.22% of that value with 532 defi protocols. Metrics during the last...

Bitcoin and Ethereum Reverse Losses, Altcoins Jump


  Bitcoin price found a strong buying interest above the USD 41,500 level. As a result, BTC started a steady upward move above the USD 42,500 resistance zone and is currently (04:13 UTC) trading above USD 43,600. It's up almost 4% in a day and erased almost all its weekly losses.... Read More:...

BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low


While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million...

Bitcoin and Ethereum Inch Higher, Altcoins Struggle


Bitcoin price settled below the USD 43,000 to move into a short-term bearish zone. BTC is currently (11:55 UTC) trading near USD 42,200 after recovering from USD 41,700. If it resumes its decline, a close below USD 41,200 could put a lot of pressure on the bulls. Similarly, most major altcoins...

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