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…
Stability
Bitcoin Price Consolidates Gains: Stability in the Crypto Market Amid Recent Surge
Bitcoin price rallied and tested the $66,500 zone. BTC is now consolidating gains and might attempt another increase toward $67,500. Bitcoin started a consolidation phase from the $66,500 resistance zone. The price is trading above $65,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $65,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase unless the bears push it below $63,800.…
1 year ago
Dogecoin Eyes 15% Growth: DOGE’s Bullish Outlook Tied to Bitcoin’s Stability Above $65K
Dogecoin’s price surged by 15%, driven by bullish momentum and breaching key resistance levels. Dogecoin’s derivatives trading volume and open interest surged, indicating increased investor interest. Dogecoin, the meme-inspired cryptocurrency, is experiencing heightened market activity attributed to increased whale engagement. The price of DOGE has surged by 15%, breaking through key resistance levels and capturing the attention of investors and traders alike. Recent indicators from IntoTheBlock suggest a notable uptick in whale activity within the Dogecoin market. Large transactions, typically…
1 year ago
Bitcoin Maintains Stability Above $64K Amid $200M ETF Outflow – Would Price Plung Below 60K?
Bitcoin slips from $64k to $62k at press time amid a daily total net outflow of $217 million of the US listed Exchange Traded Funds (ETFs). An analyst believes that there could be a bearish extension that could send the BTC price to as low as $59k once it falls below $63.3k. The Bitcoin (BTC) price has remained relatively stable after the halving event, holding strongly above $60k and rotating within the $62k-67k amid the unprecedented outflows of the three-month-old…
1 year ago
Pushd’s Stage 6 E-Commerce Presale Gains Momentum as Tron and Dogecoin Investors Seek Stability Amidst Market Shifts
Following the February rally, many cryptos are now showing major technical bearishness. Major coins like Tron and the famous meme coin Dogecoin are also experiencing this correction, with Tron down 6.34% and Dogecoin down 18.35% last week. Being established coins, the chance for ample profits is generally low, especially for crypto newbies. Pushd has garnered attention following its successful audit with utilities that could change the e-commerce space. Currently, it is in the 6th stage of the presale, and the…
1 year ago
Top Cryptocurrency Picks for Financial Stability – Secure in Crypto Against Financial Crisis
In a time where market optimism is high, individuals seek cryptocurrencies that promise financial stability, especially in the face of potential economic downturns. The surge in interest makes selecting the right cryptocurrency more crucial than ever. This article zeroes in on the prime cryptocurrencies that stand out for their stability and potential to sustain value during challenging economic times. It's a guide meant to navigate the thriving market, offering insights for those looking to safeguard their investments. BlastUP Goes Viral,…
1 year ago
Whale Investors Spark Interest in Kelexo (KLXO) P2P Lending, Drawing in Toncoin (TON) & Solana (SOL) Holders Looking for Stability
A few days into April, several crypto tokens have recorded price instability, mostly due to the ongoing price correction, market sentiment and whale movement. These whale investors are particularly diverting from low-performing protocols to ones with huge profit potential. These whale investors have sparked interest in Kelexo (KLXO), leading to massive profit potential in the presale stage 2. Kelexo (KLXO) features spark interest from whale investors The foremost Kelexo (KLXO) feature sparking interest among investors is the simplified p2p lending.…
1 year ago
Amid Market Upheaval, Early Presales Beckon as a Path to Stability – Discover New Opportunities With BlastUP
As the market experiences turbulence leading up to the Bitcoin halving event, uncertainty looms over tomorrow's outcomes. In times of volatility, experts advocate for investment in early presale ICO projects with solid backgrounds and fundamentals, such as BlastUP. Amidst the chaos, exploring opportunities like BlastUP could provide stability and pave the way for potential growth in the crypto landscape. Investors swoop for BlastUP tokens before price soars BlastUP, the premier launchpad platform on Blast, is developing as fast as its…
1 year ago
How Past Epidemics Shook Financial Markets and How Much Can Coronavirus Infect Bitcoin
Coronavirus is set to impact the cryptocurrency market for the foreseeable future. The jury is still out on how quickly Bitcoin and other digital assets will recover from the current viral outbreak in the long run. However, we can get a glimpse into the future if we look into how other epidemics affected global financial markets. How much do widespread diseases derail markets, and will Covid-19 infect Bitcoin? We aim to give a preliminary assessment of the Coronavirus's potential impact…
5 years ago