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Here is why a 0.75% Fed rate hike could be bullish for Bitcoin and altcoins
The S&P 500 and the Nasdaq Composite index suffered their worst weekly performance since June as investors remain concerned that the Federal Reserve will have to continue with its aggressive monetary policy to curb inflation and that could lead to a recession in the United States. Bitcoin (BTC) remains closely correlated to the S&P 500 […] More
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Bitcoin and altcoins pop to the upside, but upcoming macro events could cap the rally
The 13% gains in the six days leading to Sept. 12 brought the total crypto market capitalization closer to $1.1 trillion, but this was not enough to break the descending trend. As a result, the overall trend for the past 55 days has been bearish, with the latest support test on Sept. 7 at a […] More
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Crypto Market Cap Slips Below $1 Trillion as Altcoins Bleed Out (Market Watch)
The total cryptocurrency market capitalization dropped below $1 trillion on Saturday as the majority of altcoins are bleeding out. Bitcoin also dropped below the coveted $20,000 as the bulls failed to produce any meaningful increases. Bitcoin Below $20K The primary cryptocurrency has failed to chart any notable increases in the past 24 hours and is […] More
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in Altcoin News, Bitcoin News, News
3 ways to trade Bitcoin and altcoins during a bear market
Markets are scary right now, and while the situation is likely to worsen, it doesn’t mean investors need to sit out and watch from the sidelines. In fact, history has proven that one of the best times to buy Bitcoin (BTC) is when no one is talking about Bitcoin. Remember the 2018–2020 crypto winter? I […] More
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in Altcoin News, News
The BTC Battle For $20K Continues While Altcoins Mostly Red (Market Watch)
The past 24 hours saw the wide majority of cryptocurrencies chart mild declines as the total market capitalization, once again, approaches the coveted $1 trillion mark. Bitcoin continues to flirt with $20K, whereas Ethereum and most of the altcoins are trading mostly in red. The Battle for $20K Continues $20,000 is an important psychological and […] More
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in Altcoin News, News
These 3 altcoins have completely ignored the bear market in the last 90 days
The cryptocurrency market overall endured a bad summer on back-to-back pieces of bad news, ranging from Terra’s collapse to the Celsius Network’s liquidity crisis. But some tokens have bucked the downtrend and have actually seen their valuations go up over the summer. Specifically, the last 90 days have seen these so-called alternative cryptocurrencies, or “altcoins,” […] More
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in Altcoin News, News
Construction Vessel Market Share Analysis and Demand with Future Forecast to 2030
Construction Vessel Market: Introduction The projection for the Construction Vessel market share from 2021 to 2030 provides an in-depth study of the market in terms of its size, consumption, revenue, market share, and growth rate, both historically and in the future. In addition, this paper contains an analysis of the effect that COVID-19 will have on the […] More
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in Altcoin News, Bitcoin News, News
Bitcoin Price Dips to $19,500 While Altcoins Continue to Bleed Out (Market Watch)
The cryptocurrency market continues to struggle, with its total capitalization shedding another $50 billion over the past 24 hours. This comes as Bitcoin’s price plunged to a daily low of around $19,500, and other cryptocurrencies also feeling the heat. Bitcoin Continues to Struggle Bitcoin shed another percent off its dollar value in the past 24 […] More
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in Altcoin News, News
Rocky road lies ahead, but here’s 5 altcoins that still look bullish
The United States equities markets plunged on Aug. 26 following Federal Reserve Chair Jerome Powell’s speech where he reiterated the central bank’s hawkish stance. Continuing its correlation with the equities market, Bitcoin (BTC) and the cryptocurrency markets also witnessed a sharp selloff on Aug. 26. Bitcoin has declined about 14% this month, making it the […] More
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in Altcoin News, Bitcoin News, News
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
After the rising wedge formation was broken on Aug. 17, the total crypto market capitalization quickly dropped to $1 trillion and the bulls’ dream of recouping the $1.2 trillion support, last seen on June 10, became even more distant. Total crypto market cap, USD billion. Source: TradingView The worsening conditions are not exclusive to crypto […] More
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in Altcoin News, News
Ontario crypto exchanges impose $30K annual limit on altcoin buys
Canada-based crypto exchanges Bitbuy and Newton are enforcing a $30,000 (CAD) annual “buy limit” for “restricted coins” for their users based in Ontario in order to “protect consumers” amid tightened regulations. Newton, a Toronto-based crypto exchange announced the new changes come after working on getting registered with the Ontario Securities Commission and the securities regulatory authorities in […] More
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Ethereum hits 8-month highs in BTC as money heads for ‘riskier’ altcoins
Ether (ETH) is worth more in Bitcoin (BTC) than at any time since the start of the year amid renewed appetite for altcoins. ETH/BTC 1-day candle chart (Binance). Source: TradingView Altcoin market cap returns to $700 billio Data from Cointelegraph Markets Pro and TradingView confirms that ETH/BTC has cleared key resistance to pass 0.08 BTC on […] More
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