Monero [XMR] was among the few crypto-assets to take full advantage of the bullish retracement in July. Seeing its price hike from $118 to $154, July saw the altcoin record a 30% uptick. According to data from Santiment, while the rest of the cryptocurrency market suffered at the hands of the bears in June, XMR has rallied gradually by over 41% since the middle of that month. Additionally, on 5 August, on-chain data revealed that the crypto flashed a massive spike in its… Source link

Bitcoin (BTC) rose above $23,000 again into Aug. 6 as new analysis predicted a potential surge of 20% or more. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily chart gives trader $30,000 target Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing overnight to once again sit near the top of its established trading range. After multiple attempts to break out above range resistance at $23,500, the pair appeared to still be stuck in limbo at the time of… Source link

Ether (ETH), Ethereum’s native toke, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, “the Merge,” grows. ETH at multi-month highs against BTC On the daily chart, ETH/BTC surged to an intraday high of 0.075 on Aug. 6, following a 1.5% upside move. Meanwhile, the pair’s gains came as a part of a broader rebound trend that started a month ago at 0.049, amounting to approximately 50% gains. ETH/BTC daily price chart. Source: TradingView The… Source link

Yuri Molchan Monero has been emerging from under radar with a huge spike in sentiment Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose. Santiment data aggregator has reported that… Source link

Bitcoin [BTC] hit its 2022 rock bottom on 18 June when it went below $17,700. Since then, the number one cryptocurrency has gone up and down the charts. However, BTC has only surged stronger and did not reach such levels again, spending most of its days above $20,000. Now, there could be another side to the BTC price movement. According to a CryptoQuant analyst, Tomáš Hančar, BTC is close to hitting the bottom—he cited that it’s one-third almost at it. How has this… Source link

Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing Source link

Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of inflation and central bank policy. However, a month later, the world’s leading crypto token has moved above $23,000, despite consumer prices rising to multi-decade highs. So with this in mind, where could bitcoin potentially be heading in the next few weeks? Current Market Status July saw bitcoin (BTC) mostly consolidate between a floor of $18,900, and a… Source link

Following the long and painful cryptocurrency market downturn in April and June that sent the king coin, Bitcoin, and the leading altcoin, Ethereum chasing terrifying lows, the bulls regained their strength in July. With its price still a far cry from its November 2021 all-time high, Bitcoin grew by over 18% within the 31-day period. Closing the month at an index price of $1680, ETH the leading alt also grew by 54%. The blockchain analytics platform, Santiment, in its latest

Monero (XMR) gets a neutral rating from InvestorsObserver Friday. The Digital Money asset is up 0.47% to $159.27 while the broader crypto market is up 2.01%. Monero has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Neutral Over the last five days, Monero has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

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