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” Pro traders turn into bears after Ethereum price dropped to $3,200 “ After a 42% rally over a three-week period, Ether (ETH) peaked at $3,580 on April 3 and since then, a 12% correction to $3,140 has taken place. Tech giants launching their own smart contract platforms and regulatory uncertainty might have impacted investors’…
” Price analysis 4/8: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE “ Bitcoin (BTC) and most major altcoins are attempting to defend the immediate support levels, indicating that bears sense an opportunity and are looking to take control of the price action. The short-term price action does not seem to worry the…
” Waiting for $40K? Bitcoin’s critical level is already here, says new research “ Bitcoin (BTC) is at a “pivotal” point and faces macro forces that could influence it for “months to come,” fresh research says. In its latest market update on April 8, trading suite Decentrader called for more attention to Bitcoin’s “yearly pivot”…
” xASTRO staking and upcoming ‘Terra wars’ send Astroport price to new highs “ Projects that launch on up-and-coming blockchain networks can often benefit from a low competition environment that allows them to attract new users and liquidity at a faster rate than crowded networks like Ethereum. A recent example of this is Astroport (ASTRO),…
” Bitcoin plumbs April lows as US dollar strength hits highest since May 2020 “ Bitcoin (BTC) neared new price lows for April on April 8’s Wall Street open amid a fresh surge in the U.S. dollar. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $43,000 hangs in the balance Data from Cointelegraph Markets Pro and…
” Near Protocol eyes a Terra-like price rally after new $350M funding raise “ Near Protocol (NEAR) has rallied by almost 30% after announcing on April 6 that it had raised $350 million in a funding round led by Tiger Global, a New York-based hedge fund. NEAR price eyes 100% price rally NEAR’s price reached…
” Bitcoin trader eyes $38K dip as Cathie Wood confirms $1M BTC price target by 2030 “ Bitcoin (BTC) faced a new threat of a dip below $40,000 on April 8 as short timeframes failed to rescue bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin risks return to $38,000 support Data from Cointelegraph Markets…
” Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices “ Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates as one course of action to help curb…
” Bears have a $100M reason to keep Bitcoin price under $45K until Friday’s options expiry “ Some analysts argue that Bitcoin (BTC) rallied too fast and too soon and the weakness that we see on April 7 is a result of that. Currently, a new COVID-19 variant has caused the Chinese government to implement…
” Stronger dollar prospects risk pushing down Bitcoin price to $32K “ The U.S. dollar’s ability to continue its rally in Q2 could prove fatal for Bitcoin (BTC), which has demonstrated an inverse correlation with the dollar since January 2022. BTC/USD daily price chart featuring correlation with DXY. Source: TradingView Dollar paints “bull flag” The…