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Bitcoin (BTC) consolidated gains on Oct. 27 as the highest levels in six weeks gave way to sideways action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin impresses with stability on GDP print Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,500 on Bitstamp after reaching local highs of $21,012 the day prior. The largest cryptocurrency trod water in line with United States equities at the Wall Street open, with the S&P 500 flat and the Nasdaq… Source link

Litecoin (LTC) gets a bullish rating from InvestorsObserver Thursday. The Digital Money asset is down 1.18% to $56.04 while the broader crypto market is up 0.75%. Litecoin has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bullish Over the last five days, Litecoin has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

Bitcoin fell marginally lower on Thursday, as traders moved to secure gains following yesterday’s price surge. The token rallied to a multi-week high above $21,000 late on hump-day, with bulls somewhat retreating today. Ethereum was also down from Wednesday’s five-week high. Bitcoin Bitcoin (BTC) bulls moved to secure Wednesday’s gains during today’s session, as the token fell from a peak above $21,000. Yesterday saw the world’s largest cryptocurrency rally to a peak of… Source link

It is amazing how you can look at the cryptocurrency market one day and jubilate that you are up, and in the next hour, things start crashing down so fast that you begin to panic. To survive in this treacherous game we all play, you need credible information from reliable sources. According to coinmarketcap, based on current market capitalization, both Cronos (CRO) and Monero (XMR) are part of the top 50 cryptocurrencies. But not many people know about them. And that is the beauty of… Source link

Bitcoin (BTC) has seen record buying activity as BTC/USD returns to six-week highs. The latest data from on-chain analytics firm CryptoQuant shows more BTC leaving major exchange Binance in a single day than ever before. Binance finishes the day 55,000 BTC lighter Despite warnings that a macro bottom may not yet have occurred, Bitcoin investors have wasted no time snapping up BTC above $20,000. The past two days’ gains delivered a sea change to exchange user behavior, with BTC balances… Source link

It is amazing how you can look at the cryptocurrency market one day and jubilate that you are up, and in the next hour, things start crashing down so fast that you begin to panic. To survive in this treacherous game we all play, you need credible information from reliable sources. According to coinmarketcap, based on current market capitalization, both Cronos (CRO) and Monero (XMR) are part of the top 50 cryptocurrencies. But not many people know about them. And that is the beauty of… Source link

“Markets have leaned optimistic for most of the year, only to be served a reality check by monthly economic data prints fueling continued Fed hawkishness. However, tides are potentially slowly starting to turn, with the Fed hinting at a potential slowing of rate hikes, not an outright pivot,” Josh Olszweicz, head of research at digital asset fund manager Valkyrie Investments told CoinDesk, noting the weakness in yields and the dollar index. Source link

Litecoin price analysis reveals that LTC/USD is bearish today. The price has dropped by over 2.30 percent in the last 24 hours and is currently trading at $55.88. This latest leg down appears to have been caused by a general market sell-off, as most major cryptocurrencies are now in the red. Resistance for LTC/USD is present at $57.46, while the support is present at $55.86, and a further drop below this level could see LTC/USD head toward $55.50 in the near term. The 24-hour trading volume… Source link

Both Bitcoin (BTC -0.64%) and Ethereum (ETH -0.13%) have been hit hard by the current downturn in the crypto market. Bitcoin, for example, is down 68% over the past 12 months while Ethereum is down 67%. Yet there are still some investors looking to get into the crypto market, and for many, the choice about where to start may come down to Ethereum or Bitcoin, which are the two top tokens by market capitalization. While Bitcoin and Ethereum are down by similar amounts, they are very… Source link