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The cryptoeconomy was shellacked in the second week of March 2020, as the top U.S. stock indexes sunk past bear-market territories amid the coronavirus pandemic and an oil price war breaking out between Russia and Saudi Arabia. The de-risking sell-off in risk-on stocks hit the risk-on cryptoeconomy..
Volatility is seemingly becoming the norm in traditional markets: on what some have dubbed “Black Monday,” global stock markets dropped by anywhere from 5% to 12%, then they bounced by 5% on Tuesday, to only crash by 4% during Wednesday’s session (so far). Bitcoin, interestingly, has flatlined amid..
Experts Answer A prime crypto broker blames margin calls on non-crypto assets for the current crypto market slide. Marc Bhargava, co-founder of Tagomi (which has recently joined the Libra Association), shared his explanation of the current market downturn with Cointelegraph. Since Tagomi is connec..
After an attempt to break through the multi-week low of $8,400 this weekend, Bitcoin bounced back. Hard. Over the past 24 hours, the cryptocurrency has surged higher from $8,600 to as high as $8,970, nearing $9,000 for the first time since the brutal breakdown on February 26th. Below, the recent pr..
Over the past few days, Bitcoin has fallen off a proverbial cliff. Contrary to the sentiment of many investors, the cryptocurrency fell through support levels as if they were nothing more than a knife going through hot bricks of butter. At the drop’s worst on Wednesday, BTC was trading at $8,520 on..
Christmas may be coming early for holders of XRP, the third-largest cryptocurrency by market capitalization. As of the time of writing this, the popular altcoin has found itself trading just under 3% up on the day, trading at just under $0.31. This move has seen XRP largely outperform Bitcoin’s rela..
On Sunday, Bitcoin (BTC) found itself suffering, with bulls failing to step in to save the cryptocurrency from falling through the ever-important $8,000 support level. The price action was so bad that by Monday morning, BTC reached $7,800 — a key level that analysts said would be a “make or break” m..
Altseason? 2019 has undoubtedly been a year for Bitcoin so far. Altcoins, which were all the rage in 2017 and early-2018, have been wildly underperforming the market leader, with some of these cryptocurrencies now trading at lower prices than where they started the year. But for some reason or anot..
XRP Chart Strong It seems that cryptocurrency bulls are back — at least for now. Over the past 24 hours, Bitcoin has gained 7%, rallying to $8,400 from this weekend’s local low of $7,700. Interestingly, altcoins have managed to keep pace with the market leader, posting similar if not greater gains. ..
Bitcoin (BTC) hasn’t had the best week. In fact, the cryptocurrency is set to close down some 20% on the week, which is one of the asset’s worst performances since the bearish capitulation seen in November of last year. A bit late to the party, JP Morgan recently came out with its analysis of the ..