Tag: Altcoin

Bitcoin price rises past $40,000 after weeks of downhill movement since the start of the year.  The crypto market responds well to fear of incompatible monetary policies. Ethereum, Solana, and other altcoins have likewise followed the uptrend, recording significant gains.  Bitcoin Breaks 40k for the First Time in Weeks Bitcoin has made a significant recovery to $40,000, going up at least 11% in the past 24 hours. Over the last six months, the asset experienced a massive price crash. For…

Cryptocurrencies had a great year in 2021. In this period, we have seen the market go from being classified as a billion-dollar economy into a trillion-dollar economy. Aside from that, cryptocurrencies are gaining visibility in the mainstream world with, for example, El Salvador's adoption of Bitcoin as the official digital currency. As a result, investors are looking for the "new Bitcoin" on the market, hoping to find a great alternative in so-called altcoins. Unfortunately, many traders value an altcoin exclusively…

Since 2017, Bitcoin has inspired the development of a myriad of altcoins. Four years ago, thousands of Bitcoin investors saturated the market, creating a need to diversify the crypto space. In return, this led to the creation of alternative coins to BTC, including Cardano (ADA), Chainlink (LINK), and Polkadot (DOT). Although they do not share Bitcoin's fame, they have gained their share of fame over the years. Also, many have surged in value from just a few scents to hundreds…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,400 trillion. Bitcoin is down by more than 5% after a mildly fluctuating week. Ethereum has decreased by over 9% over the past seven days. XRP records a 10% value loss over the week. Dogecoin, Polkadot, and Cardano have registered small value drops in the past week. The DeFi sector gained almost $1 billion…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,375 trillion. Bitcoin calls it even with a measly 0.4% loss in value over the week. Ethereum is up by 28% after setting yet a new ATH. XRP is down by almost 7% after a rough week. Binance Coin increased by more than 5% throughout the week. The DeFi sector added more than $16billion…

After experiencing an unprecedented bullish rally in the past 24 hours, Meme coin Dogecoin has experienced a steep dip. The altcoin is currently down by about 50% in the past 24 hours of trading.  50% Price Dump Follows Bullish Rally Dogecoin (DOGE) bullish rally had caught many off guards and was largely the result of the anti-establishment sentiments. Several members of Wall Street Bets had led calls to purchase the meme coin. This was followed by an endorsement by popular…

After a few days of bearish trend, the crypto market has rebounded in the past 24 hours of trading.  This upsurge in price movement sees most of the top coins trading in green with a few in double digits profits. Bitcoin recovers towards $32,000 Bitcoin has not enjoyed the best of weeks as the leading coin is on a bearish trend. The price of BTC has struggled to make significant gains since it surpassed the $40,000 mark two weeks ago.…

Ether (ETH) has achieved a new milestone surpassing its all-time high of $1,450 in the early hours of today. Ethereum (ETH) has shown bullish signs, and the current market sentiments for the leading altcoin are at record levels. Ether (ETH) Creates New All-time High Ethereum had been trying to surpass the $1,450 mark for several failed attempts for the past few weeks. The weekend saw little changes, with a slight correction occurring, leading the altcoin towards the $1,100 support levels.…

Ethereum (ETH) price has shown signs of rebounding in the past few hours after a testing 24 hours. According to several analysts, the leading altcoin fell by more than 30% yesterday, but critical indicators remain positive. Ethereum (ETH) Price drops sharply The cryptocurrency market suffered a major correction yesterday, wiping close to $200 billion from the total market cap. The leading coin, Bitcoin, lost nearly $10,000 from its price, which caused a ripple effect in the market. Ethereum (ETH) was…