Ethereum

Bitcoin lurks by $22K as US dollar falls from peak, Ethereum gains 20%

Bitcoin lurks by $22K as US dollar falls from peak, Ethereum gains 20%

Bitcoin (BTC) hugged $22,000 on July 19 as macro conditions slowly turned to favor risk assets.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks, crypto rise as dollar weakens Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling volatility immediately below the crucial 200-week moving average (WMA). The Wall Street open saw further gains for United States equities in the face of a declining U.S. dollar, which extended its retracement after hitting its… Source link

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ETH Hits $1,600 as Crypto Surge Continues on Tuesday – Market Updates Bitcoin News

ETH Hits $1,600 as Crypto Surge Continues on Tuesday – Market Updates Bitcoin News

Ethereum rose for a seventh consecutive session on Tuesday, as prices briefly climbed above the $1,600 level. This move saw the token hit its highest level in over a month, and came as bitcoin also reached a nearly five-week peak, following gains made earlier today. Bitcoin Bitcoin (BTC) was up to start today’s session, however bullish momentum began to fade, as prices ran into some resistance. On Tuesday, the world’s largest token rose to an intraday high of $22,795.04, as… Source link

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CryptoPunks Floor Price Tops $100K in Ethereum for First Time in Two Months

In brief The cheapest-available CryptoPunks NFT is now listed above $100,000, topping that mark for the first time in two months. The rising Punks price comes following a pair of high-value sales last week, at $2.6 million and $3.3 million respectively. All of the major “blue chip” Ethereum NFT collections have taken a massive hit in value over the last couple months amid the wider crypto market crash, and CryptoPunks was no exception. But following a pair of multi-million-dollar sales… Source link

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Ethereum Classic is up over 50% in a week as ETH Merge upgrade nears

Ethereum Classic is up over 50% in a week as ETH Merge upgrade nears

Besides receiving a boost from the general cryptocurrency market rally, Ethereum Classic (ETC) is recording significant gains partly powered by network activity on the main Ethereum blockchain, specifically the Merge upgrade slated for September. Indeed, the factor appears to be driving the ETH price alongside pushing for an ETC price breakout.  The presence of ETC bulls has been felt in the last seven days, during which Ethereum Classic’s price has delivered strong upward momentum… Source link

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Ethereum Leads Bitcoin Into a Bullish Breakout

Key Takeaways Ethereum has surged over the past few days, now targeting an upswing to $1,700.  Bitcoin rose by more than 8% Monday but has yet to slice through a critical resistance level.  BTC is currently following ETH’s path, which may result in further gains for both assets.  Share this article Bitcoin looks like it wants to catch up with Ethereum after the number two crypto’s bullish price action over the past three days. While ETH has outperformed BTC, the top crypto… Source link

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Ethereum price breaks out, hits 2-month high versus Bitcoin — is the rally sustainable?

Ethereum’s native token Ether (ETH) has successfully avoided a bearish technical setup to reach a two-month high against Bitcoin (BTC). ETH price bear flag invalidated The ETH/BTC pair invalidated its prevailing “bear flag” pattern after Ethereum developers announced this July 14 that their long-awaited switch to proof-of-stake (called the Merge) will most likely occur in September. ETH/BTC has rallied by more than 22% since the announcement, reaching 0.067, its highest level since May 25…. Source link

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Why Ethereum (ETH) is Up Almost 50% in 6 Days

Ethereum is going through a massive rally over the past six days as its price increased by a whopping 50% over the period – against the USD. ETH also strongly outperformed BTC, and it’s up 25% against it over the same period, as seen in the chart below. Source: TradingView This move comes roughly a month after the cryptocurrency was trading within a fairly narrow range, which evidently broke to the upside. Ethereum’s Ninth Shadow Fork – Commencing the… Source link

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Ethereum Tests USD 1.4K as Bitcoin Moves Higher Above USD 21K, MATIC and ETC Rally

Ethereum Tests USD 1.4K as Bitcoin Moves Higher Above USD 21K, MATIC and ETC Rally

  Bitcoin is eyeing more gains above USD 21,000. Ethereum gained pace and tested USD 1,400, XRP is consolidating near 0.35. MATIC rallied 8%, ETC gained 25%. Bitcoin price settled above the USD 20,500 pivot level and managed to climb above the USD 21,000 level. It is currently (04:09 UTC) trading near USD 21,300 and is almost unchanged in a day and up 2% in a week. Similarly, most major altcoins are showing positive signs. ETH gained… Source link

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What awaits Ethereum Classic [ETC] after approaching key Fib. level

Ethereum Classic’s [ETC] bulls have regained control ever since it bottomed out in mid-June. Their presence has been particularly felt in the last seven days during which ETC’s price action delivered a strong uptick. However, at press time, it was flashing signs of a bearish reversal after its latest rally. ETC’s latest rally kicked off on 13 July from the day’s low at $13.34. It has delivered a sustained bullish uptick since then. In fact, it peaked at $19.92 within… Source link

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