The crypto market has pulled back but traders might view the current dip as a buying opportunity as long as critical support levels are not violated. A Bloomberg report, analyzing data from 13 top exchanges, shows that within a very short span of time, Bitcoin (BTC) futures trading volume has grown to about 50% of […]
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Markets wobbled as news emerged of problems at Deribit and Coinbase Pro but BTC price contained the fallout, bouncing off support at $9,000. Bitcoin (BTC) returned to $9,300 on Nov. 1 after a period of downward pressure gave away to fresh positive sentiment. Cryptocurrency market daily overview. Source: Coin360 Bitcoin shows firm $9K support Data […]
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The price of Bitcoin is holding above the $9,100 price mark as the market is mostly trading sideways today. Thursday Oct. 31 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been trading sideways for the […]
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Bitcoin price fell 2% overnight on Wednesday, bringing to an end its several-day stint above $9K, which failed to deliver a return to five figures. Bitcoin (BTC) fell below $9,000 for the first time in almost a week on Oct. 31 as rumors of a correction intensified among analysts. Cryptocurrency market daily overview. Source: Coin360 […]
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Many cryptocurrencies are in a pullback which may be viewed as a buying opportunity. What are the critical levels to watch out for? The sentiment in the crypto markets had turned bullish on the news that Chinese President Xi Jinping has called for businesses and government bodies to support the development and adoption of blockchain […]
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After last week’s volatility, traders could be anticipating that the crypto market will consolidate the gains before starting next move up. The seesaw price action over the past week has lightened up the crypto space once again. While the aggressive bulls view the sharp upside move as a bottoming signal, the bears consider the rise […]
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The reversal in the price of Bitcoin and other cryptocurrencies in the past week points to a likely bottom formation and a change in sentiment to buy the dips. Though fundamentals play a large part in determining the price of an asset, short-term movements of the markets are driven by sentiment. This was clearly visible […]
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Bitcoin managed a sharp turnaround just a day after 10% price dump. Does this increase the possibility of a bottom formation? The total market capitalization has bounced from very close to the $200 billion support, which is a positive sign. The pullback from the dip on Oct. 23 has been broad-based with Bitcoin (BTC) and […]
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External pressure appears to influence sentiment as Facebook grilling by U.S. Congress coincides with a sudden Bitcoin price crash. Bitcoin price (BTC) hovered near widely-predicted support levels on Oct. 24 after a day of carnage sent markets tumbling to five-month lows. Cryptocurrency market daily overview. Source: Coin360 Bitcoin battles fresh Congressional criticism Data from Coin360 […]
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The crypto space is deep in the red. Is this a bear trap or the start of a new downtrend? Let’s analyze the charts. Bitcoin’s (BTC) plunged today, dragging the whole crypto space along with it. The total crypto market capitalization has broken below the $209 billion mark from where it had bounced on two […]
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