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“# Bears lick their paws while Bitcoin price blasts through $46,000 ” Bitcoin (BTC) hiked 20% in seven days in an unexpected move that brought the price to its highest level since May 18. The price appreciation happened despite U.S. Treasury Secretary Janet Yellen reportedly supporting a broader definition of crypto companies in the HR…
“# Swipe, IoTeX and CyberVein lead altcoins higher after Bitcoin hits $46K ” The cryptocurrency market has shown a new level of resilience on Aug. 9 as a majority of tokens have managed to maintain recent gains and Bitcoin price hit a new 3 month high at $46,293. Data from Cointelegraph Markets Pro and TradingView…
“# Ethereum could pave way for $100,000 Bitcoin, Bloomberg analyst asserts ” Ether (ETH) has outperformed Bitcoin (BTC) in terms of year-to-date market performance, rising more than 320% against BTC’s 54% returns. But, according to Bloomberg Intelligence senior commodity strategist Mike McGlone, Bitcoin would soon catch up to Ether’s gains, which might even push its…
“# Bitcoin ‘awaiting second leg of bull market’ as BTC price hits $46K 3-month highs ” Bitcoin (BTC) hit $46,000 on Aug. 9 as macro factors failed to dent enthusiasm after 18% weekly gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading above $45,500 at the time…
“# No, Bitcoin isn’t entering a 2018-like bear cycle, new data suggests as BTC targets $45K ” The scale of Bitcoin’s (BTC) ongoing downside correction might not be as alarming as it was in 2018, indicates data shared by Glassnode. The blockchain analytics firm reported that investors who have held Bitcoin for more than one…
“# BTC price caps $4K weekly gains: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is delighting bulls as it heads into a new week after closing a weekly candle in which it gained another $4,000 — can it hold? After spending much of the previous seven days hitting but then descending…
“# Top 5 cryptocurrencies to watch this week: BTC, LTC, ICP, THETA, FTT ” Bitcoin’s (BTC) rally above $45,000 suggests that the short-term sentiment has turned positive and this has increased buying interest across the board and pushed the total crypto market capitalization above $1.8 trillion. Driven by the tailwind of the London hard fork,…
“# Bitcoin hits $45K ahead of July inflation report, but one fractal hints at looming correction ” Bitcoin (BTC) reached its highest level in more than two months with just a few days remaining before the July inflation report. The top cryptocurrency climbed 1.65% to $45,363 on Aug.8, continuing the upside momentum that has already…
“# 3 reasons why Ethereum is unlikely to flip Bitcoin any time soon ” After a 13% rise in two days, Bitcoin’s (BTC) market capitalization surpassed $800 billion to reach its highest value in 79 days. During the same timeframe, Ether (ETH) accumulated a 45% gain in two weeks, placing the network’s market capitalization at…
“# Here’s what traders expect now that Ethereum price is over $3,000 ” This week Ethereum’s London hardfork was completed without a hiccup and investors have now reset their eyes on new highs above $3,100. Data from Cointelegraph Markets Pro and TradingView shows that the price of Ether (ETH) did in fact experience a “sell the…