Bitcoin’s overall market dominance continues to increase, a factor that could further postpone the much awaited altcoin season. Market analyst Tony Severino notes that the current strong momentum of Bitcoin is very evident from recent chart patterns. He argues that altcoins will probably continue to languish in Bitcoin’s wake for...
Geopolitical tensions continue to weigh heavily and while altcoins are bleeding, Bitcoin remains resilient and has bounced from highs above $105,000 serving as a support zone. As of June 23, the Altcoin Season Index has reached a two-year low at 14. This index tracks altcoin performance against Bitcoin and it...
Bitcoin recently proved itself as the strongest cryptocurrency. Worryingly, its dominance has soared to levels we haven’t seen in over two years. As the digital asset landscape evolves, investors are increasingly turning to Bitcoin for its stability and established reputation, while many altcoins struggle to maintain value and relevance.Bitcoin’s market...
AI tools such as Grok are quickly becoming indispensable tools for crypto traders. They serve as a guide for traders to understand the volatility and nuances of the market. These platforms help traders cut through the noise, gain early sentiment alerts, and make informed decisions faster in the 24/7 world...
Ethereum continues to be on a roll as well – ETH had another big day, breaking up nearly 5% on the day. The cryptocurrency is now trading at $2,783.This massive price increase has been no surprise to savvy investors and financial analysts. They are keenly watching how Ethereum will perform...
European Small and Medium-sized Enterprises (SMEs) are expressing rising interest in providing crypto salaries. Largely driving this trend is the market exuberance, as well as the need to attract talented, tech-savvy workers. Actual implementation faces significant obstacles. Regulatory uncertainties and financial constraints are hampering the practical adoption of crypto salaries...
Bitcoin just hit an all-time high over $116,000, Ethereum hit a record last week, and Dogecoin is up over 2800% since the start of the year. The surge occurred amidst a flurry of trading activity and market liquidations, signaling strong investor interest and evolving market dynamics.Bitcoin's price reached $115,629.51 at...
These are booming times in the cryptocurrency market, and it’s all being fueled by Bitcoin’s historic breaking of its all-time high watermark. Major inflows into Bitcoin ETFs are driving this rally. Now combine the aggressive political pressure to influence monetary policy with a growing, renewed confidence in digital assets. Ethereum,...
Currently Bitcoin is trading above $108,000 after starting the day down around $2,000 +0.35% of the day. Ethereum’s rally has been impressive, topping the top 10 cryptocurrencies. Even with Bitcoin controlling an increased 59% of the total market cap, altcoins have seen increased bullish momentum. Increasing ETF inflows and a...
After a tough day yesterday, the market took a turn for the better across the board, with Ethereum leading other major coins in percentage gains. Although the majority of the top 100 cryptos experienced increases, the total market capitalization dropped 2.5% to $3.44 trillion. Market sentiment continues to be firmly...
Bitcoin, the original and most prominent cryptocurrency, has had a rollercoaster ride since its inception, defined by rapid climbs and catastrophic crashes. From its near $20,000 zenith in 2017 to its subsequent plunge to approximately $3,000 in 2018, Bitcoin has tested the resolve of investors and enthusiasts alike. More recently,...