Bitcoin is demonstrating phenomenal resilience as it shoots into what seems to be a fourth phase of mania speculation. At the same time, the biggest holders are deeply cutting their exposure. Analysis suggests that Bitcoin's upward trajectory may continue, supported by historical patterns and the market's capacity to absorb substantial...
Momentum for Bitcoin prices have been bullish, with $BTC propelled to a new all-time high above $123,000. Meanwhile, BTC’s recent 9% weekly surge was its strongest since May. This rally smashed through several crucial resistance levels on the way and catapulted Bitcoin price into uncharted waters above $120k.This past price...
The virtual money market had a rollercoaster day with positive sentiments today. Though the major assets mentioned above only made small moves, there were huge changes in certain sectors. The overall market cap experienced a small drop of 0.24%, with total market capitalization closing at $3.67 trillion.The DeFi sector saw...
The cryptocurrency market had a week of overall positive performance. While some altcoins posted major weekly gains, others fared worse. After Bitcoin and XRP’s rousing performance, many of the smaller digital assets had substantial declines. The week’s trading week showcased a crypto industry in flux, markedly volatile and a quickly...
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...
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...