Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,733,492,402,479.45
  • 24h Vol: $312,073,972,752.44
  • BTC Dominance: 51.94%

Market Trends

bitcoin-eyes-a-positive-finish-to-september,-setting-the-stage-for-‘uptober’

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

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With two days remaining in September, bitcoin’s monthly gain stands at 11.11%, setting the stage for the widely anticipated ‘Uptober.’ Historically, October has been a strong month for bitcoin, delivering positive returns 81.82% of the time since 2013. ‘Uptober’ on the Horizon: Bitcoin Looks to Buck September’s Bearish History As of Saturday, Sept. 28, 2024, […]

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Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report

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In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial institution’s report also discusses bitcoin’s growing appeal among institutional investors. Blackrock Report Sees Bitcoin as a Key Asset for Long-Term Portfolio Diversification Blackrock, the

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bitcoin-technical-analysis:-path-to-$58k-blocked-by-heavy-resistance-at-$56,000

Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

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On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with signals split between sell and buy actions. Bitcoin Bitcoin’s price saw a short-term recovery, rising from a low of $53,636 on September 8 to $55,614.

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Crypto Market Wobbles: Helium Gains While Zcash Leads Week’s Declines

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While bitcoin and ethereum dipped between 8.6% and 8% against the U.S. dollar, most crypto assets didn’t have a winning week. However, helium (HNT) bucked the trend, soaring by 15.43% against the dollar over the past seven days. On the flip side, zcash (ZEC) took the hardest hit, plummeting 28.63% during the same period. Crypto

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Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed

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Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC spent was lower in August than in July. Specifically, dormant wallets spent around 2,291 BTC from addresses that hadn’t been touched between 2011 and 2017.

Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed Read More »

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NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge

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Non-fungible token (NFT) sales have had a rough time in 2024, and August has been no exception. Following a 36.6% drop in July, August brought another significant decline, with sales falling by 41.36%. NFT Market Struggles: August Sales Plunge 41.36% After July’s Decline According to cryptoslam.io metrics, NFT sales in August tallied up to approximately

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bitcoin’s-rough-september-price-history-raises-questions-for-2024

Bitcoin’s Rough September Price History Raises Questions for 2024

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As August draws to a close with just four days left, bitcoin has slipped by 2.74% this month, leaving market watchers eager to see if September will bring better news. History hasn’t been kind to bitcoin in September; over the past 11 years, it has ended the month on a downward trend 72.73% of the

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Ethereum Technical Analysis: ETH Faces Critical Resistance at $2,800 Amid Market Indecision

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On August 26, 2024, ethereum’s price hovered around the $2,739 mark, reflecting a cautious market sentiment as traders weigh the potential for further gains against looming resistance. Technical indicators across multiple timeframes reveal a mixed outlook, with key support and resistance levels tightly defining ethereum’s near-term trajectory. Ethereum Ethereum’s daily chart shows a strong downtrend

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bitcoin-technical-analysis:-key-resistance-levels-test-bullish-momentum

Bitcoin Technical Analysis: Key Resistance Levels Test Bullish Momentum

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On Aug. 26, 2024, bitcoin is navigating a crucial juncture, with prices hovering around $63,908. Despite a recent recovery attempt, the cryptocurrency faces significant resistance between $64,000 and $65,000. Bitcoin Bitcoin’s 1-hour chart reveals a recent peak at $65,103, followed by a sharp drop to $63,128 before stabilizing just above $63,500. This stabilization is critical,

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gold-shatters-records-as-investors-brace-for-economic-turbulence

Gold Shatters Records as Investors Brace for Economic Turbulence

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Precious metals prices are on the move again, with gold hitting a new peak of $2,564 during Tuesday’s trading sessions. As of now, gold is being traded at $2,527 per ounce, while silver has climbed more than 6% this week, currently standing at $29.68 per ounce. Market trends show that the prices of precious metals

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