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Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound After Weekend Selloff


Bitcoin and ethereum prices rebounded on Monday, after declining throughout the weekend. As the Russian invasion of Ukraine heightened, crypto traders appeared to take a risk-off approach this weekend, however some bulls seemed to return to start the week. Bitcoin Bitcoin ended two consecutive...

Bitcoin Shows Surprising Resilience Amid Russia Aggression-Provoked Selloff


  Although the price of nearly all risk assets, including bitcoin (BTC) and other major cryptassets tumbled on Thursday as Russia launched a full-scale invasion of Ukraine, some are surprised as BTC performed better than expected and even recovered some of its losses. For now, BTC appears to have...

Technical Analysis: ATOM Hits 1-Week High — AXS, LEO, THETA Dip Lower


Despite Thursday’s selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday’s big gainers, THETA, slipped in today’s session. Biggest gainers Cosmos (ATOM) moved higher in today’s session, despite...

Technical Analysis: Quant Climbs 20%, as Loopring Selloff Extends


After earlier spells of consolidation, the tide turned on cryptocurrencies this afternoon, with markets finding themselves in a red wave. Quant managed to evade the wave, climbing by as much as 20% during the session. Biggest gainers Following yesterday’s strong gains, the global...

Bitcoin, Ethereum Technical Analysis: ETH Down 14% This Week


Following a volatile week of trading, the uncertainty in cryptocurrency markets continued on Friday. Overall, the global crypto market cap was almost 2% lower during the session. Bitcoin Thursday’s volatility extended into today’s session, with bitcoin prices continuing to consolidate...

Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Month Low


The selloff in cryptocurrencies continued to start the week, with bitcoin falling to its lowest level since July. Ethereum was also trading in the red, hitting multi-month lows in the process. This comes as the overall global market cap in cryptos was down close to 9% at the time of writing....

Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too


  Markets ranging from global technology stocks to crypto took a major hit over the past day, after a release of minutes from the last US Federal Reserve (Fed) meeting revealed a more hawkish stance than the market had expected. At 10:09 UTC, bitcoin (BTC) traded at USD 42,738, down by 9% over...

New Investors Led Crypto Selloff Last Week, Miners Had Limited Effect


Bitcoin (BTC) miners did send more BTC to exchanges at the end of last week, but so did others, according to Phillip Gradwell, Chief Economist at on-chain analytics and intelligence firm Chainalysis, which suggests that miners did not drive further price declines. Meanwhile, most of the BTC...

Bitcoin Rebounds After Tesla & Elon Musk Triggered Selloff


The most popular cryptocurrency, bitcoin (BTC), recovered some of its sharp losses, fueled by Tesla's supremo Elon Musk as the car manufacturer said it has suspended vehicle purchases using BTC and is looking at other cryptoassets. BTC plunged from almost USD 55,000 to USD 47,600, before recovering...

Bitcoin 'Fake-Selloff' Was Driven by Dealers With Short Inventory - Arca


What we saw last week in the crypto market wasn't actually a selloff, but the price being artificially driven down by dealers with short inventory, according to Jeff Dorman, the Chief Investment Officer (CIO) of US-based investment management firm Arca. Also, the second-highest amount...

Almost USD 10 Billion Liquidated Amid Sunday Selloff In Crypto Market


USD 9.9bn worth of trading positions in the crypto derivatives market were liquidated in the past 24 hours as the crypto market experienced a sharp selloff on Sunday. More than USD 5bn of them are positions in bitcoin (BTC). At around 03:00 UTC, BTC dropped from USD 59,000 to below USD 53,000,...

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