Litecoin Price Analysis: LTC Fell Below $50, is $40 Next? Litecoin saw a sharp price decline of around 12% over the past 24 hours and it currently trades at $46.34.LTC is now down by a total of 21% over the past week which is largely a result of Bitcoin dropping by 10% in a day.LTC remains the sixth-largest cryptocurrency with a market cap… Bitcoin Price Analysis Dec.2: A Fragile Point Of Decision Over the past few days since creating a new annual low, Bitcoin is moving in an ascending channel (looking at the hourly chart).As of now, Bitcoin is near the lower trend-line of the channel, along with the $4000 – $4050 support range.
This is a very fragile area, and the bulls hope to get… If History Repeats, Bitcoin Patterns The Same 50% Crash as March 2020 After a freefall that led to an almost $2000 drop, Bitcoin’s price is showing signs of stability.From a March vs.
September BTC price action comparison chart, however, it’s possible that the pain is just beginning.Why Did Bitcoin Price Crash Last Week? Several possible reasons can be attributed to Bitcoin’s near 20 percent crash.… Max Keiser: Bitcoin Will Destroy All Other Cryptocurrencies Popular TV host Max Keiser recently highlighted that Bitcoin’s continuously growing hash rate is significantly more important for humanity than its price.
He believes that the expanding energy demand for sustaining the network would ultimately result in the demise of altcoins and fiat currencies.Rising Energy Consumption For BTC Is A Good Thing: Keiser Following… Ethereum Price Analysis: ETH Looks To Slip Lower After Struggling Below $150 Ethereum attempted to recover this week but only managed to rise by a small 2%.The cryptocurrency remains trapped within a symmetrical triangle against Bitcoin.Momentum has returned back into the favor of the bears as the coin shapes up for another drop lower.
Key Support & Resistance Levels ETH/USD Support: $140, $133.50, $128.35.Resistance:… As Bitcoin Struggles At $12,000, Here Are The Next Targets On a Breakdown: BTC Price Analysis Bitcoin’s exciting bull run might be over as quickly as it started after prices failed to close above the $12,400 daily resistance yesterday.Any hopes of a parabolic continuation will now have to be put on hold as bulls recover from the sharp decline.
In the last 24 hours, the global crypto market capital has… Why Civil’s response to its failed ICO sets an excellent example for blockchain projects Civil, a project focused on revolutionizing journalism through blockchain technology, recently shared some thoughts on their failure to reach their $8m soft cap ICO target.The project had received lots of media attention and was already partnered with Forbes to help the magazine publish cryptocurrency related articles on the blockchain as a test pilot.What… Bitcoin Dominance Touching 70%, Altcoins Finding New Lows Bitcoin now represents almost 70 percent of the entire market capitalization.
Its dominance index currently sits at 69.6%, which is the highest it has been since way back in March 2017.Naturally, altcoins have been suffering in response, as they keep getting crushed, especially when trading against Bitcoin, Bitcoin Is King The cryptocurrency market has… Grayscale AUM Surge $500M In A Week, Bitcoin Shares in the Lead Grayscale Investment, operators of the largest crypto hedge fund, is close to reaching a $5B valuation after adding $500M to its assets under management (AUM) is less than a week.
Meanwhile, other cryptocurrency funds like Tetras Capital are shuttering after low returns despite market-wide recovery since Black Thursday.
Grayscale Crypto Fund AUM at $4.8B Tweeting… .
