Crypto Market Analysis
In the span of last night, the digital currency market has lost approximately 16 billion dollars of its valuation.
The Binance Coin that provides customers with a 25% discount on exchange fees, has recorded a significant trading activity growth over the past day.
BTC price started the week negatively subsequent to a 2% drop.
BTC value pokes the possibilities of breakout, bottom not found yet
Yesterday, Bitcoin’s price gained as much as 7.28% versus USD in-before the US trading session.
Why the BTC value might take a lot of time to return to the all-time peak level
Over the past period of what has been nearly a year, BTC value declined by approximately 85%, dropping from 19,500 USD to 3,000 USD.
BTC value approaches its possible capitulation
BTC is coming close to losing the trust of financiers, causing the cryptomarket to bleed profusely as the financiers nervously sell their assets.
Is VanEck’s BTC exchange-traded fund manipulation-free?
Chairman of the US SEC pointed that approval of Bitcoin ETF will take place in the fund properly addresses the manipulation issue.
BTC value might bottom out in the beginning of December
David Puell, a BTC and cryptomarket analyst, states that the world’s most popular digital asset might hit the bottom between December and Q1 2019.
BSV enters top digital currency ranks after gaining 48 percent in 7 days
The hash power war between the fork versions of Bitcoin Cash is finally over, with the defeated turning out to be the actual winners.
BTC value decreases by another 7 percent while cryptomarket fails to maintain momentum
Over the past day, BTC value lost some volume, going from 4,065 to 3,600 dollars in a reversal of short-term upside movement.
Cryptoanalyst makes false allegations about BTC drop triggering gold rally
Stephen Innes, head of trading at Oanda, stated that the price drop of BTC and digital currency will cause a surge of gold price..
BTC price will probably bottom out at 3,000 USD
Chief executive of Genesis Trading, Michael Moro forecast BTC to hit the bottom at approximately 3,000 USD, after the asset dropped to 4,035 USD.
Venture capital financier points out 3 key reasons behind the 65 billion USD wipeout suffered by the cryptomarket
Chris Burniske claims that the retracing seen in the US stock market, sell-off of ETH and BCH hard fork event all contributed towards the wipeout.
XRP encounters a huge value decrease in the wake of the cryptomarket’s 12 billion USD wipeout
The best performing cryptocurrency has finally had its encounter with the intensive downside movement experienced by the entire cryptomarket.
Digital currency market loses 25 billion dollars more due to a big sell-off
In the course of the past day, the cryptomarket has lost another 25 billion dollars, while dominant cryptocurrencies recorded a big price drop.
Willy Woo: BTC will possibly bottom out in the second quarter of next year
A renowned cryptoanalyst and researcher states that Bitcoin is likely to reach the bottom by mid-2019.
BTC price drop is only a matter of short-term activity
Bitcoin has finally begun its first major movement after three months of stability. Sadly enough, the movement is on the downside.
Altcoins keep on taking a hit in the wake of SEC’s preparations to tackle crypto startups
Bitcoin’s value lost over 10% within the past day after a big sell-off, while some lesser market capitalization currencies lost up to 20% of value.
Willy Woo: BTC value will continue to decrease up to mid-2019
Tech analyst and cryptotrader shared his opinion on the upcoming future of the world’s most dominant digital currency.