ATOM

Bitcoin (BTC) retreated from $64,000 late on Wednesday after reaching a peak of $64,780, just short of the crucial $65,000 price level. The overall crypto markets saw a slight retreat, with the market cap falling by 0.82% to $2.23 trillion. BTC is down almost 1% over the past 24 hours but could look to push back above $64,000 if buyers can regain momentum.  While BTC retreated, the crypto markets tested new monthly highs when its market cap climbed to $2.25…

Major cryptocurrencies are starting the new week in the red, with Bitcoin (BTC) tumbling below $58,000 and Ethereum (ETH) slipping below $2,500 once again. The overall crypto market cap also registered a drop of 1.91%, leaving it just above the $2 trillion mark.  Almost all cryptocurrencies have registered substantial weekly drops, with BTC down over 10%, ETH down almost 11%, and Solana (SOL) down a staggering 20%. Other altcoins that registered substantial losses include Dogecoin (DOGE), which is down 14%;…

The market has been seen to further dip as major cryptocurrencies continue to fall towards their most recent support levels. This only amplified the losses of the altcoin market to bring tokens like Cosmos (ATOM) down to the ground. According to CoinGecko, the token has lost almost 23% since last month and drags any hope for recovery to higher price levels. Despite its recent underperformance, the Cosmos ecosystem saw developments that may stem the bearish tide. However, it remains to…

Cosmos is presently held between a rock and a hard place in the market, according to crypto analyst Alan Santana. To him, this is a very opportunistic time for long-term investors, most especially those with a bullish outlook. He feels that ATOM is currently trading at quite a remarkable discount from the highs posted, hence positioning itself for a very compelling risk-reward entry. According to Santana, Cosmos has “a great chart” because the coin is trading very low compared to…

Cosmos Hub’s ATOM token bursts into the scene after capturing some momentum from the market’s recent dismal performance. According to Coingecko, the token is up more than 10% since yesterday’s market overreaction. This is largely due to Cosmos’s continuous efforts to innovate despite the performance of the market which has now rebounded over 8% in the past 24 hours.  This month, ATOM holders are eyeing several developments that will bring more attention to the platform. These developments might help push…

The cryptocurrency markets have recovered over the past 24 hours, with Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other major cryptocurrencies rebounding after a bloodbath that saw their prices hit lows not seen in months. The crash in the Japanese stock market triggered panic across the traditional and cryptocurrency markets.  Bitcoin (BTC) has been down almost 17% over the past week, while ETH has been down by nearly 25% in the same period, with the latter witnessing its steepest fall…

Bitcoin (BTC) touched $70,000 on Monday after surging past $69,000. However, BTC pulled back sharply after reaching this level, indicating that sellers are fiercely defending the overhead resistance, with the price dropping to $66,810.  BTC was extremely bullish prior to hitting $70,000 and, despite the significant drop, remains on track to close the month of July with significant gains. July saw BTC plummet to a low of $54,000 before it made a strong recovery to surge past $65,000.  Bitcoin (BTC)…

The market for cryptocurrencies is humming with hope because the recent climb of Bitcoin and the launch of Ethereum ETFs today is seen to create a positive wave. In this bustling environment, Cosmos (ATOM) is one cryptocurrency that shows great potential for a big break-through. Although ATOM has stayed somewhat steady, with a little rise of 1.23% over the previous week and a drop of 4% over the last 30 days, experts feel it is about ready for a significant…

Bitcoin (BTC) has recorded strong inflows into its spot Bitcoin ETFs, suggesting that the sentiment may have turned positive, and traders are purchasing the asset aggressively, with the cryptocurrency also conquering crucial overhead resistance levels.  Multiple analysts have speculated that BTC could even hit $220,000 after it reclaimed several crucial support levels. This prediction is based on historical Bitcoin miner capitulation patterns.  Spot Bitcoin ETFs Register Strong Inflows Bitcoin (BTC) has pushed above several critical overhead resistance levels, indicating that…