What happened  Trading took a turn for the worse in the middle of the holiday weekend for the cryptocurrency market and most values are down. There wasn’t a lot of news, but the liquidity may be little lower than normal on a long holiday weekend, causing values to fluctuate wildly. The value of Bitcoin ( BTC -4.37% ) is down 4.4% in the last 24 hours as of 3:20 p.m. ET on Sunday while Ethereum ( ETH -5.04% ) has fallen 4.2%, and Dogecoin ( DOGE -3.13% ) is down… Source link

What happened  Trading took a turn for the worse in the middle of the holiday weekend for the cryptocurrency market and most values are down. There wasn’t a lot of news, but the liquidity may be little lower than normal on a long holiday weekend, causing values to fluctuate wildly. The value of Bitcoin ( BTC -4.37% ) is down 4.4% in the last 24 hours as of 3:20 p.m. ET on Sunday while Ethereum ( ETH -5.04% ) has fallen 4.2%, and Dogecoin ( DOGE -3.13% ) is down… Source link

Litecoin (LTC) gets a neutral rating from InvestorsObserver Sunday. The Digital Money asset is down 5.41% to $109.85 while the broader crypto market is down 4.22%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Neutral Over the last five days, Litecoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

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Bitcoin (BTC) saw its first dive below $38,000 in over two weeks on Feb. 20 as macro triggers rattled low-volume weekend markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on BTC: “Nothing to get excited about” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground Sunday, following threats of fresh sanctions on Russia over its alleged plans to invade neighboring Ukraine. After a quiet Saturday, crypto began to move downhill after comments from… Source link

Ethereum price is retesting the $2,608 to $2,812 daily demand zone, hoping for a reversal. A bounce off this barrier is likely to revisit the lower limit of the daily supply zone, ranging from $3,188 to $3,393. A daily candlestick close below $2608 will invalidate the short-term bullish thesis. Ethereum price faced rejection from a stiff resistance barrier twice, resulting in a double-digit correction. The resulting downswing is currently bouncing off a stable… Source link

Veteran trader Peter Brandt has warned that bitcoin’s price corrections have taken many months in the past and it may take some time for the price of the cryptocurrency to hit another all-time high. He criticized bitcoin’s proponents for constantly hyping the crypto regardless of the price. Peter Brandt Warns It May Take Some Time for Another Bitcoin Peak Veteran trader Peter Brandt cautioned investors Thursday that it could take some time for the price of bitcoin to reach another… Source link

Kevin O’Leary, aka Mr. Wonderful, has shared what he thinks the price of bitcoin will be in the coming years. He said when institutions get the go-ahead from their compliance departments to invest in bitcoin, the price of the cryptocurrency “is going to appreciate dramatically.” Kevin O’Leary’s Bitcoin Prediction Shark Tank star Kevin O’Leary shared his prediction of the price of bitcoin in an interview with Stansberry Research last week. He explained that many… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. A brief crash dropped the price of Bitcoin to $39,638 on Friday, according to CoinMarketCap. The world’s favorite cryptocurrency, as of this writing, was trading near $39,975.50, an overnight drop of 1.21%—about 5% cheaper overall than last weekend.  Ethereum, the second-largest cryptocurrency, was trading at $2,733—about 5% lower than a day ago, 6% lower than a week ago. Most of the top 30 cryptocurrencies declined… Source link

Bitcoin (BTC) may be struggling at $40,000 but fresh data is reinforcing the fact that hardly anyone is interested in selling. Data from on-chain analytics firm Glassnode shows that despite price volatility, over 60% of the BTC supply has not left its wallet in a year or more. Strong hands have rarely been stronger Stubborn hodling by long-term investors is a characteristic that differentiates the current Bitcoin market climate from most other downtrends. With spot price action passing 50%… Source link