UNI

Bitcoin (BTC) registered an impressive increase over the weekend, with the price overcoming a crucial resistance level to move above $65,000. The move above $65,000 came after a slight pullback. However, spot Bitcoin ETFs continued to receive inflows, indicating that while markets were cautious, they had not turned bearish.  BTC’s recovery could set it on the path to $70,000 and a new all-time high, with the price on an upward trajectory since it closed above the 200-day SMA on July…

Bitcoin (BTC) has surged past $64,000, having been incredibly bullish as buyers return to the market. BTC’s recent surge indicates strong demand at lower levels, with the cryptocurrency recording weekly inflows of over $1.3 billion, according to data from CoinShares. BTC and other major altcoins could register significant upward movement should the bullish sentiment continue, potentially even reaching new all-time highs. Major Cryptocurrencies Record Significant Inflows Bitcoin (BTC) has rocketed over 12% during the past seven days as bulls returned…

Bitcoin (BTC) has bounced back after falling to a day low of $53,591 on Friday and is moving towards $60,000. However, analysts have warned that markets will remain volatile for the foreseeable future.  Analysts have predicted that markets will have to absorb between $4 billion and $7 billion worth of BTC selling pressure in the middle of the year, which will weigh on prices as the year progresses.  Markets Recover, But Is Rally Short-Lived? The cryptocurrency market has rebounded, with…

Bitcoin (BTC) has seen a sharp drop during the week, with selling pressure continuing to mount. The cryptocurrency is struggling to trade above $60,000 and is down by over 2% during the ongoing session. Additionally, the gains made by altcoins are also beginning to turn red as the crypto market sees a significant slide. Is this a correction, or are we seeing the bull market ending? Bitcoin (BTC) Dives Below $60,000 Bitcoin (BTC) fell to a low of $59,317 on…

The post Whale Sell-Off Crashes Crypto Market: LDO, AAVE, UNI & FXS Trading in Red appeared first on Coinpedia Fintech News Since last week, Bitcoin has been trying to recover after dipping to $58,562. Although it nearly reached $63,976 on July 1, increased selling pressure and continued selling of Bitcoin by the German government forced its price back down to $60,490, reflecting a 3.6% drop. On Wednesday, a prominent crypto whale or institutional investor sold millions of dollars worth of…

Despite bearish predictions, Bitcoin (BTC) has crossed $63,000, rebounding after hitting its support level of $60,000 on Friday, with buyers entering the market and pushing the price higher.  In the short term, analysts expect Bitcoin to stay between $60,000 and $64,000, with the potential to break out of this range after a couple of weeks.  A Tussle Between The Bulls And The Bears  Last week, Bitcoin dropped slightly below its support level of $60,000. However, lower levels attracted a large…

The Bitcoin (BTC) price had briefly climbed back above $61,000 before sellers managed to drag the asset down. The cryptocurrency has been down by over 2% in the past 24 hours and is currently trading under $60,950. Bitcoin has been consolidating between a large price band between the $56,000 mark and the $73,500 mark. This indicates strong buying pressure near its support level and strong selling pressure near its resistance level. Bears Trying To Sink Price The past month has…

The post Altcoins Display Strength UNI Price Eyes 15% Rise While TON Price Marks New High appeared first on Coinpedia Fintech News The crypto markets have again begun to consolidate after the Bitcoin price plunged from one of the key support zones. While the top altcoins are expected to closely follow the rally, the others are displaying enough strength. Regardless of the significant drop in volume, Uniswap (UNI) has maintained a strong ascending trend, followed by Toncoin (TON). these tokens…

Uniswap (UNI), a prominent decentralized exchange token, is bracing for further declines as the broader cryptocurrency market experiences a significant downturn. Recent market trends indicate a continuation of bearish momentum, which has impacted UNI’s price negatively.  Several factors, including macroeconomic uncertainties, regulatory pressures, and shifts in investor sentiment, are contributing to this extended downtrend. As Uniswap’s price breaks key support levels, the likelihood of additional losses increases. This article delves into UNI’s price analysis with the help of technical indicators…