Bitcoin (BTC) faces another week of “huge” macro announcements after the lowest weekly close since July. After days of losses following the latest inflation data from the United States, BTC/USD, like altcoins and risk assets more broadly, has failed to recover. The largest cryptocurrency has yet to flip $20,000 to convincing support, and as the third full week of September begins, the danger is once again that that level could function as resistance. Bulls have plenty to worry about — the… Source link

Litecoin Falls 12% In Bearish Trade Investing.com – was trading at $50.370 by 23:22 (03:22 GMT) on the Investing.com Index on Monday, down 12.14% on the day. It was the largest one-day percentage loss since May 11. The move downwards pushed Litecoin’s market cap down to $3.725B, or 0.41% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $50.360 to $53.700 in the previous twenty-four hours. Over the past seven… Source link

Bitcoin started a fresh decline below the $20,000 support zone against the US Dollar. BTC traded below $19,000 and remains at a risk of a move to $18,000. Bitcoin started a fresh decline and traded below the $19,500 support. The price is now trading below $19,200 and the 100 hourly simple moving average. There was a break below a connecting bullish trend line with support at $19,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now… Source link

By Asmita Pant  Sep 19, 2022, 08:05 AM IST (Published) Mini The world’s largest and most popular virtual currency, Bitcoin, fell 5.4 percent to $18,934.8. Its market value stood at $373 billion. The trade volume was at $31.6 billion. Major cryptocurrencies extended losses on Monday, September 19. Bitcoin slid below $19,000 and Ethereum below $1,400 amid largely negative trends in global markets. The global crypto market cap stood at $933.26 billion, with a volume of $65.56 billion in the past… Source link

News Home Sunday, September 18, 2022 07:01 PM | InvestorsObserver Analysts InvestorsObserver gives Litecoin a strong long-term technical score of 83 from its… Source link

Bitcoin noted some upside over the last 24 hours following a brief recovery back above $20,000. Investors that have kept a close eye on its performance over the last few weeks may have noticed its confinement within a tight range. However, it might be closer to the tail end of this range, and things are about to get more interesting. Bitcoin has been stuck between the $19,000 and $24,000 levels for more than a few weeks now. It exited this range only a few times since June,… Source link

Popular crypto analyst Benjamin Cowen says that he expects Ethereum (ETH) to witness significant levels of pain as Bitcoin (BTC) and the equities market hint at downward moves. In a new strategy session, the technical analyst tells his 768,000 YouTube subscribers that the NASDAQ, S&P 500, Bitcoin and Ethereum all look ready to at least test recent lows. With Ethereum being significantly more volatile than Bitcoin and the stock market, Cowen points out that ETH’s critical… Source link

Editah Patrick Editah is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates her, she finds the intersection of both technology and finance mind-blowing. Her particular interest in digital wallets and blockchain aids her audience. Source link

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject If you’re a Bitcoin holder, there are plenty of good reasons why you aren’t happy. After all, when you bought into the world’s largest cryptocurrency, the expectation was it would soon hit $100k on the charts. However, that hasn’t happened. In fact, one could argue that the crypto has moved in the… Source link

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Ethereum [ETH], the second-largest cryptocurrency in the market, successfully completed its long-awaited switch from proof-of-work to proof-of-stake PoS recently, ushering in a new era for the network. Although there was excitement during and immediately after the Merge, as the changeover is often known, driving… Source link