Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ATH
Buy Rumors Sell Facts: As Bitcoin Gears Up For New ATH, It’s Time to Focus On Altcoins
The post Buy Rumors Sell Facts: As Bitcoin Gears Up For New ATH, It’s Time to Focus On Altcoins appeared first on Coinpedia Fintech News In the realm of cryptocurrencies, timing and strategy are essential. As Bitcoin scales new peaks, attention shifts to the potential of alternative coins. This tactic, grounded in the principle of seizing the momentum stirred by speculation before settling with the emergence of concrete outcomes, merits a closer look. Understanding when to pivot focus can be…
1 year ago
Bitcoin (BTC) Price to Hit New ATH Before April 20th: Here’s Why
The post Bitcoin (BTC) Price to Hit New ATH Before April 20th: Here’s Why appeared first on Coinpedia Fintech News Bitcoin’s (BTC) price is attempting to rally beyond the resistance level of around $71,000 again after a fake breakout earlier this week that saw the instrument rebound to the support level of around $68,000. On-chain data shows that Bitcoin whales have accumulated more coins despite market volatility. Moreover, more wealth fund managers have been diversifying their portfolios to the digital…
1 year ago
Dogecoin (DOGE) Must Break Above This Level To Reach New ATH: Details
Dogecoin (DOGE) has been experiencing significant volatility around the $0.20 range. The fluctuation started in late March when the coin surged past $0.22. Many traders consider the $0.20 range a crucial resistance zone, highlighting the difficulty of breaking above this long-fought psychological level. Data from IntotheBlock shows that at least 32K addresses are holding 3.78 billion DOGE at a loss in the $0.20 range. Dogecoin is looking for a new yearly high!$DOGE is currently up by more than 10% in…
1 year ago
Bitcoin Price Resumes Upside, Why BTC Could Soon Hit New ATH
Bitcoin price is moving higher above the $71,200 resistance. BTC is showing positive signs and might soon extend gains above $72,500. Bitcoin climbed higher above $69,500 and $70,000 resistance levels. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $70,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate higher if it clears the $72,500 resistance zone. Bitcoin…
1 year ago
Toncoin (TON) Hits ATH Flipping Cardano for Top Ten Spot, Here’s Why
Toncoin hit an all-time high of $6.50 on April 9, following a monumental 20% gain on the day, outperforming every other crypto asset in the top 50. The big move has enabled it to flip Cardano (ADA) and take the tenth spot with a market cap of $22.4 billion. Cardano, which is still languishing more than 80% down from its 2021 peak, has been dumped out of the top ten despite a 4% daily gain to top $0.61. Moreover, the…
1 year ago
Here’s the Number of Bitcoin Addresses at a Loss as BTC Retests Its ATH Price
In the past 24 hours, Bitcoin (BTC) has rallied roughly 5%, surging past $72,000 in an attempt to retouch its all-time high. This upward trajectory has significantly reduced the number of addresses holding the digital asset at a loss. According to data on IntoTheBlock, there are currently zero BTC addresses at a loss as the cryptocurrency hovers around $72,600. Zero BTC Addresses at a Loss A few hours before writing time, a tweet by IntoTheBlock revealed that over 30,000 Bitcoin…
1 year ago
Cardano’s Potential ATH Amid Bitcoin’s Decline: Historical Data Points to Bullish Trend
Cardano’s (ADA) social volume remained high, highlighting its enduring popularity within the cryptocurrency community. Analysis of ADA’s on-chain metrics, including MVRV and NVT ratios, suggests a potential trend reversal, to the upside. Over the last week, Bitcoin and most of the altcoins have witnessed a strong pullback with double-digit losses on the weekly chart. Some of the top altcoins like Cardano (ADA) have been also subject to over 10% correction falling under its crucial support level of $0.60, as reported…
1 year ago
Why Solana (SOL) Price Could Hit ATH : Forces Behind Its Impending Parabolic Rally
The post Why Solana (SOL) Price Could Hit ATH : Forces Behind Its Impending Parabolic Rally appeared first on Coinpedia Fintech News Solana (SOL), a top-tier layer one (L1) blockchain focused on democratizing scalable smart contracts, has registered palpable gains in the past few months. The large-cap altcoin, with a fully diluted valuation of about $109 billion, is preparing to rally exponentially in an anticipated parabolic move toward a new all-time high (ATH). According to the latest crypto market data,…
1 year ago
Ethereum’s Growing Network: Non-Zero Addresses ATH Sparks Speculation of $4,000 ETH Price
Ethereum price in the monthly time frame closed above the 2022 capitulation level, thus confirming the bulls are in control in the coming quarters. The large-cap altcoin has continued to register increased whale transactions amid the anticipated approval of the spot Ether ETFs in the United States. Ethereum (ETH), the undisputed leader in the web3 sector, is on the cusp of a major bullish uproar in the near term after registering a monthly close above $3,500 for the first time…
1 year ago