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Market Wrap: Cryptocurrencies Fall as Sentiment Turns Bearish


Bitcoin (BTC) and other cryptocurrencies remain weighed down by geopolitical tensions. The bitcoin Fear & Greed Index entered "extreme fear" territory last week, indicating bearish sentiment among traders. And Bitcoin's blockchain activity is slowing

Technical Analysis: XRP Falls 10%, as ANC Climbs Higher


XRP fell by over 10% on Tuesday, as bearish pressure once again intensified in crypto markets. As of writing, the global cryptocurrency market capitalization was almost 5% lower, following marginal gains this morning. Biggest gainers The bleeding in crypto markets continued this afternoon, as such...

Bitcoin and Ethereum Consolidate Losses, Altcoins Struggle


Bitcoin price gained bearish momentum below the USD 38,000 level. BTC even tested the USD 36,500 level. It is currently (11:30 UTC) consolidating losses and might recover to USD 38,500. Similarly, most major altcoins are consolidating losses. ETH tested the key USD 2,500 support, where the bulls...

Crypto Exchange FTX US Enters the Blockchain Gaming Market


FTX US, the American offshoot of the popular exchange platform, is planning to establish a decentralised gaming environment. Officially called FTX US Gaming, it is intended to combine the rapidly growing areas of the DeFi sector. As NFT and metaverse have faced greater demand in the past...

Bitcoin and Ethereum Extend Losses, Altcoins Tumble


  Bitcoin price attempted a recovery wave above USD 38,000. However, BTC failed to surpass the USD 39,500 resistance level and is currently (04:22 UTC) trading near USD 36,700, dropping 6% in a day and reaching almost three-weeks lows. Similarly, most major altcoins are gaining bearish momentum....

Technical Analysis: QNT, LUNA Lead Monday’s Crypto Rebound


Following a bearish start to the week, the crypto market rallied throughout the afternoon, with quant (QNT) and terra (LUNA) leading the gainers. Earlier losses in bitcoin and ethereum were also lessened, as the overall market was up 1.35% as of writing. Biggest gainers Cryptocurrency markets have...

Russia-UKraine Tensions Continue to Affect the FX Market


Russia-Ukraine tensions continue to affect the currency market. This includes not just the traditional one but also the digital currency. The week started on a nervous note as experts eye the headlines coming from Eastern Europe. In other words, Russia-Ukraine tensions continue to dominate...

Bitcoin and Ethereum Resume Decline, Altcoins Trim Gains


  Bitcoin price faced sellers near USD 39,500 and is currently (11:57 UTC) trimming gains near USD 37,500 while remaining at risk of more downsides. Similarly, most major altcoins are struggling to recover. ETH struggled near USD 2,750 and dropped below USD 2,650. XRP is approaching the USD 0.75...

Bitcoin and Ethereum Try to Recover, SOL Gains Strength


  Bitcoin price remained in a negative zone and settled below the USD 40,000 level. BTC even traded below USD 38,800 and tested USD 38,000. It is currently (04:21 UTC) correcting losses above USD 39,000, but the bears might remain active near USD 40,000. Similarly, most major altcoins are facing...

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