Bitcoin (BTC) spared hodlers the pain of losing $20,000 on June 15 after BTC/USD came dangerously close to last cycle’s high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin “bottom” fools nobody Data from Cointelegraph Markets Pro and TradingView showed BTC/USD surging higher after reaching $20,079 on Bitstamp. In a pause from its sell-off, the pair followed United States equities higher on the Wall Street open, hitting $21,700. The S&P 500 gained 1.4% after the opening… Source link

This year has been a tough one for cryptocurrency investors, with the overall market cap falling by more than 50% from its all-time high it reached in November 2021. While the market is not completely out of the woods, there is light at the end of the tunnel. Some investors are now focused on building their portfolios by acquiring important assets across the whole ecosystem, from coins to tokens and even presales – such as CashFi – while they are still cheap…. Source link

While there are literally thousands of cryptocurrencies, when it comes to the big dogs, there are really only two: Bitcoin and Ethereum. Bitcoin is the original crypto, created in 2009, and Ethereum was created as a “Bitcoin killer” in 2015. Together, the two comprise nearly two-thirds of crypto’s $1.3… Source link

Monero [XMR] has been on free fall since the start of June as what started out as a minor retracement turned into a fully-fledged crash. XMR’s latest crash has so far undone the gains from its 75% rally that it achieved from mid to end of May. To put the bearish downturn into perspective, XMR traded as high as $204 on 1 June, its highest level so far this month. It dropped as low as $111.20 within the last 24 hours at press time, which equates to a roughly 44% crash in two… Source link

Bitcoin continued its slide overnight, with the leading cryptocurrency by market cap slipping to a new 52-week low of $20,184, according to data from CoinMarketCap. The top cryptocurrency has lost a third of its value over the past week amid rising inflation rates and an anticipated rate hike from the U.S. Federal Reserve. The market capitalization of Bitcoin has tumbled from $1.27 trillion in November 2021 to under $386 billion today. Ethereum (ETH), the second-largest cryptocurrency, is… Source link

Text size Crypto prices have suffered severe declines in recent days, outpacing the selloff in stocks. Dusan Zidar/Dreamstime … Source link

Bitcoin (BTC) could be on the verge of a retail major sell-off as exchange inflows spike to almost three-and-a-half-year highs. Data from on-chain analytics platform CryptoQuant shows users of 21 major exchanges sending coins to their wallets en masse on June 14. Major exchanges finish up 83,000 BTC in a single day As BTC/USD fell to lows of $20,800, panic appeared to set in among traders, and despite a reversal that at one point topped $23,000, few seemed willing to trust that the worst was… Source link

Monero price is in freefall as the Federal Reserve prepares to deliver its biggest rate hike in decades. The XMR token has crashed in the past ten straight days and is trading at the lowest point since November 2020. It is trading at $110, which is about 80% below the highest level in 2021, bringing its market cap to about $2 billion. Federal Reserve decision Monero has had a difficult period even as demand for privacy cryptocurrencies remains elevated. The coin has crashed by more than 80%… Source link

Ether, the second-largest crypto by market cap, was changing hands at roughly $1,200, about flat from Monday when it hit a more than 18-month low. Among altcoins, SOL and XLM were recently up more than 5% after plunging on Monday, but WBTC and TRX continued to suffer with the latter off by over 13% at one point. Source link

FatCamera / Getty Images/iStockphoto Litecoin (LTC) is a cryptocurrency that launched shortly after Bitcoin. The “gold standard” of crypto — Bitcoin — was revealed to the world in 2009, while Litecoin followed on its heels in 2011. Litecoin is often called the “silver” to… Source link