Ethereum

Key Takeaways Bitcoin has dropped by nearly 13% since Mar. 28.  Likewise, Ethereum has incurred more than 12% in losses. Both tokens are now approaching key support areas that may contain the bleeding.    Share this article Bitcoin and Ethereum are struggling to find support, while traders in the futures markets are showing signs of optimism. Such market behavior could result in a brief upswing before another retrace. Bitcoin Prepares to Bounce Bitcoin appears to be gaining… Source link

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Image source: Getty Images Ethereum is down 1% this past week, while these alternative cryptos have each surged at least 25% over the same time frame. Key points In 2021, Ethereum surged due to the popularity of NFTs and DeFi, which have largely run on the Ethereum blockchain. But the smart… Source link

Ethereum Classic ETC/USD spiked 10% to $43.24 over 24 hours leading up to Thursday night. Ethereum Classic (ETC) Price Performance Time-frame % Change (+/-) 24-hour 10% 24-hour against Bitcoin BTC/USD 9.2% 24-hour against Ethereum ETH/USD 8.05% 7-day -5.3% 30-day 59.7% YTD-performance 23.6% See Also: Ethereum Vs Ethereum Classic  The ETC Factors Ethereum… Source link

  Bitcoin price is moving higher above USD 43,500. Ethereum recovered above 3,250, XRP is nearing the USD 0.80 resistance. ETC and NEAR are up 10% and 19%, respectively. Bitcoin price formed a base above the USD 43,000 level and moved above USD 43,500. It is currently (04:05 UTC) trading in a range near USD 43,600, with a key breakout zone near the USD 44,000 level. Besides, most major altcoins are attempting a recovery wave. ETH must… Source link

Cryptocurrency is taking center stage in Miami this week. It’s being dubbed the biggest Bitcoin event in the world as companies and cryptocurrency enthusiasts gather to share ideas. The crypto craze continues to grow with celebrities hawking it and sporting arenas being named after crypto exchange companies. Then, there are people like Eddie Lynch Jr., 24, who are mining crypto. “I dove into mining, figuring out what it is, how I can benefit from it,” said Lynch, who lives in Palm Beach County.

BTC and ETH were once again lower during today’s trading session, as both were trading close to two-week lows. Bitcoin dropped below $43,000 for the first time since March 24, while ETH hit a bottom near $3,100 on Thursday. Bitcoin Bitcoin continued trading lower on Thursday, as the world’s largest cryptocurrency fell below $43,000 for the first time in over two weeks. Following a peak of $45,424.98 on Wednesday, BTC/USD fell to an intraday low of $42,899.91 during today’s… Source link

The cryptocurrency market is nearly completely red on April 6 after hawkish comments from multiple members of the Federal Reserve highlighted their opinion that aggressively raising interest rates and cutting bond purchases would need to happen in order to combat inflation. Members did concede that this would result in negative pressure being placed on financial markets and this seems to be exactly what happened on April 6.  Data from Cointelegraph Markets Pro and TradingView shows that the… Source link

What happened The price of several of the most popular cryptocurrencies fell today as investors evaluated moves by the Federal Reserve, which is desperately trying to rein in surging inflation. The price of the world’s largest cryptocurrency, Bitcoin ( BTC -2.88% ), has fallen roughly 3.5% over 24 hours as of 10:46 a.m. EST. Meanwhile, the price of the world’s second-largest cryptocurrency, Ethereum ( ETH -4.40% ), has fallen 5.4%, Dogecoin ( DOGE -13.14% ) is… Source link

Bitcoin fell below the $45,000 level on Wednesday, as the selloff in crypto markets extended, following strong gains last week. ETH was also down in the session, slipping to a five-day low in the process. Overall, the global crypto market cap fell by 4% as of writing. Bitcoin BTC fell below $45,000 during Wednesday’s session, as markets were waiting for the release of latest FOMC meeting minutes. The minutes typically provide traders an inside look into the thinking of the Fed,… Source link