Bitcoin Cryptocurrency Bitcoin Ethereum Litecoin Monero

Bitcoin (BTC) may yet reenter the $20,000 zone, but the coming weeks could provide a solid buying opportunity, a new report forecasts.  In its latest market update on Feb. 24, trading platform Decentrader laid out the final areas of support between the current Bitcoin spot price and $20,000. Analyst eyes BTC’s 20-week and 200-week MA for cues Military action by Russia in Ukraine has markets in a spin Thursday, with stocks and crypto following a firm downtrend as uncertainty grips Asia,… Source link

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Some investors have a lot of money in cryptocurrencies. They’re sometimes referred to as “whales” to reflect just how large their positions are. And we’re not talking about $100,000 or so in a given cryptocurrency — whales own millions and even billions of dollars worth of digital tokens. As you might expect, the biggest cryptocurrencies based on market cap — Bitcoin and Ethereum ( ETH -7.91% ) — tend to especially attract whales. But they don’t always limit their… Source link

Text size Dreamstime.com Bitcoin fell to a one-month low as Russia launched a full-scale… Source link

A view of the Compute North facility in rural Nebraska. John Ruwitch/NPR hide caption toggle caption John Ruwitch/NPR … Source link

Ultimately, this is a market that I think continues to see a lot of volatility, especially as it is considered to be an alt coin. The Monero market tried to rally a bit during the course of the trading session on Wednesday as the $150 level continues to see quite a bit of support around it. As you can see, the market has broken down below the level a couple of months ago, and then stabilize before rallying towards the 50 day EMA. It is worth noting that the $180 level has been significant… Source link

Bitcoin was trading at $34,969 as of 1:22 a.m. ET, according to CoinMarketCap. That’s a decline of more than 8% compared to a day earlier. The world’s most valuable cryptocurrency fell below $40,000 over the weekend, and has continued to slide as the Ukraine crisis intensifies. The currency has lost almost half its value since its November high of $68,990 due to geopolitical tensions, the prospect of interest rate hikes by the US Federal Reserve and curbs by some major economies on digital… Source link

© Reuters Litecoin Falls 10% In Selloff Investing.com – was trading at $96.000 by 00:25 (05:25 GMT) on the Investing.com Index on Thursday, down 10.36% on the day. It was the largest one-day percentage loss since January 21. The move downwards pushed Litecoin’s market cap down to $6.797B, or 0.43% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $96.000 to $106.100 in the previous twenty-four hours. Over the… Source link

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The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Volatility Spikes, Bitcoin Follows We have covered the relationship between equity market volatility and bitcoin price action extensively since the start of the new year, as the inverse correlation between the price of bitcoin and the VIX (S&P 500 Volatility Index)… Source link