bullish run

Ethereum, the second-largest crypto by market cap, has recently been retracing, with the coin's price standing at around $2,171 as of writing this report. This price action comes after a long bear pattern that scared away many investors, leaving many to think the asset could continue tanking. Instead, the primary cause of this bullish move was Elon Musk's influence. Ethereum's Retracement The buying pressure of Ethereum increased on Thursday by a tremendous rate, with investor confidence being high in many…

According to several on-chain features, the possibility of Bitcoin heading towards a significant price boost is still in the game. Miners have ceased disposing of their coins, including long-term hodlers. The Stablecoin Supply Ratio has also dropped substantially recently. Apart from being the root of the Bitcoin network, miners also have a notable role in the underlying asset price. For example, they can negatively impact BTC's price when they finally sell off massive portions. This was the case at the…

The price of Bitcoin finally surpassed the $17,000 mark today, Tuesday, November 17.  This is the first time the leading coin will be reaching this milestone in three years. Bullish Run Continues Bitcoin has enjoyed an unprecedented bullish trend in the past month, hitting several milestones on the way.  This run has continued in the past 24 hours as BTC has added $800 to its price and is currently priced at $17,400 per unit. This represents an increase of 7%…