Bitcoin has lost more than half its value in 2022. Now hovering around $23,000, the price of a single bitcoin has plunged more than 65% below last year’s all-time high of nearly $70,000. The value of all cryptos has tumbled from about $2.2 trillion at the end of 2021 to a little more than $1 trillion currently. Bitcoin, the world’s biggest crypto, makes up about 42% of the total market, but 2022 has been just as terrible for the owners of other crypto-related assets such as Coinbase. The… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Altcoin News Over the past 24 hours, the price of LTC decreased by 1.38%. The price of LTC is above 200 EMA in the 4H chart. According to CoinMarketCap, the price of Litecoin hovers around $57.06. Looking at the daily chart of LTC/USDT, LTC is forming a bullish flag pattern in the bearish market starting from November 8, 2021, at $296.8.  The support zone of SOL lies between $46 – $54. After touching the support level of $41.14, LTC tends to bounce back… Source link

It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be the dominant narrative surrounding the asset, it is worth noting that in recent years the flagship crypto’s use as a medium of exchange has been on the rise. To this point, recently, the central bank of El Salvador revealed that its citizens living abroad have sent over $50 million… Source link

Bitcoin (BTC) hugged $22,000 on July 19 as macro conditions slowly turned to favor risk assets.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks, crypto rise as dollar weakens Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling volatility immediately below the crucial 200-week moving average (WMA). The Wall Street open saw further gains for United States equities in the face of a declining U.S. dollar, which extended its retracement after hitting its… Source link

Text size Cryptos have rallied this week, with Ether among the strongest performers. Dusan Zidar/Dreamstime … Source link

Ethereum rose for a seventh consecutive session on Tuesday, as prices briefly climbed above the $1,600 level. This move saw the token hit its highest level in over a month, and came as bitcoin also reached a nearly five-week peak, following gains made earlier today. Bitcoin Bitcoin (BTC) was up to start today’s session, however bullish momentum began to fade, as prices ran into some resistance. On Tuesday, the world’s largest token rose to an intraday high of $22,795.04, as… Source link

Text size Crypto prices have collapsed in recent months, but prices recently have rallied. Dreamstime … Source link

Text size Crypto prices have collapsed in recent months, but prices recently have rallied. Dreamstime … Source link

Litecoin price analysis shows that LTC/USD is in a bearish trend. The LTC/USD has increased by 1.15 percent since yesterday as it currently trades at $56.78. Litecoin price is facing strong resistance at $59.20, and if the bears can push the prices below this level, we may see a further decline to $56.11. Support for LTC/USD is present at $56.11 and it is likely to provide some relief to the LTC bulls in the short term. Litecoin prices have been trading between a range of $56.11 and $… Source link