Sunday, October 14: crypto markets keep their balance after the recent sell-off this week, with most of the 20 top coins by market cap slightly in the green. Fluctuations on the markets in both directions have for the most part been no more than 1 percent, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) has seen slight growth over the past 24 hours, having strengthened to above the $6,300 threshold. At press time, the major cryptocurrency is trading at $6,331, slightly down from its intraday high around $6,360, while recovering from its intraday low around $6,277. On …
Saturday, Oct. 13: crypto markets are seeing mixed price movements, as half of the top 20 coins by market cap have grown on the day. The overall market is relatively stable, with two major cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) seeing changes in value of under 1 percent. Market visualization from Coin360 Bitcoin has been fluctuating between $6,200 and $6,300 over the day. It’s intraday high was $6,323, while the intraday low was $6,259. At press time, Bitcoin is trading at $6,279, down around 0.3 percent over the past 24 hours. The dominance of Bitcoin’s market capitalization currently amounts to …
Wednesday, Oct. 10: Crypto markets have suffered a sharp decline within an hour, with Bitcoin (BTC) plunging below the $6,300 threshold, and the top altcoin Ethereum (ETH) nearly touching $200. According to CoinMarketCap, virtually all the top 100 cryptocurrencies by market cap have suffered major declines at press time, with 19 out of the 20 top coins by market cap seeing significant losses over the past 24 hours. Market visualization from Coin360 After surging above $6,600 on Oct. 8, Bitcoin dipped below $6,300 today. The major cryptocurrency has dropped to as low as $6,284 before slightly recovering to $6,315 at …
Tuesday, Oct. 9: Crypto markets keep trading sideways, with almost all top 20 coins by market cap in the red after seeing some growth yesterday. Market visualization from Coin360 Bitcoin (BTC) is slightly down around 0.3 percent today, trading at $6,627 at press time. During the day, the major cryptocurrency dipped two dollars below the $6,600 threshold, and the intraday high amounted to $6,669. While markets continues to fluctuate in a mostly stagnant manner, Bitcoin is holding around 2 percent of weekly gains, as well as 5 percent gains over the past 30 days. Bitcoin’s dominance has been remaining almost …
Saturday, Oct. 6: crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated Bitcoin ETF decisions. CNBC’s CryptoTrader host Ran Neuner commented on Twitter today that all of this week’s “good news” – such as retail brokerage firm TD Ameritrade and Ivy League U.S. university Yale moving into crypto – are “related to investment & speculation.” Neuner suggested that perhaps such news was not moving the market because the market is now geared toward a narrative “of adoption and mass real …
Tuesday, October 2: crypto markets are seeing mixed signals, with up and down fluctuations for the last few hours and most of the top 20 cryptocurrencies by market cap seeing losses, according to CoinMarketCap. However, in terms of the 100 top cryptocurrencies, around half of the markets are in the green today. Market visualization from Coin360 After seeing a slight growth on September 30, Bitcoin (BTC) continues seeing losses. The major cryptocurrency is up around .015 percent over the past 24 hours, trading at $6,564 at press time. While Bitcoin has managed to trade above $6,600 for a while within …
Thursday, September 27: crypto markets continue to rise as the crypto and blockchain industry is seeing some support from governmental and institutional entities. Following a sell-off that started on September 24, crypto markets are seeing the second day of a rebound, with daily trade volume now amounting to more than $16 billion. All but two top 20 cryptocurrencies by market capitalization have seen firm growth over the past 24 hours, following a slight price stagnation within the day and surging sharply within the past few hours. Market visualization from Coin360 Bitcoin (BTC) is up around 2.82 percent over 24 hours …
Wednesday, September 26: following a slight sell-off, crypto markets are seeing another flush of green with virtually all of the top 100 cryptocurrencies by market cap in the green. Gains among the top 20 coins by market cap are reaching over 20 percent over the past 24 hours to press time. Market visualization from Coin360 Bitcoin (BTC) is slightly up and trading above $6,500 price point today. The leading cryptocurrency increased by about 2 percent over a 24 hour period, and trades at around $6,524 at press time, seeing around 3 percent growth over the week. Yesterday, Bitcoin’s price had …
Sunday, September 23: crypto markets are seeing another wave of green. All but one of the top 20 cryptocurrencies by market cap have made gains over the past 24 hours, according to CoinMarketCap. Market visualization from Coin360 After suffering a slight decline yesterday, Bitcoin (BTC) rebounded today, trading above $6,700 throughout the day. The cryptocurrency is at $6,734 as of press time, up 0.9 percent on the day. Bitcoin is also up 3.3 percent over the past 7 days, and up 5 percent up on the month. Despite that, Bitcoin’s dominance has dropped slightly, down from 55.6 percent a week …
Crypto markets have seen a sharp decline today, September 18, with Bitcoin (BTC) down $200 and market cap dropping as low as $192 billion within a few hours. As of press time, 93 out of 100 top cryptocurrencies by market capitalization are in the red, while losses among the top 20 coins reach over 10 percent, according to CoinMarketCap. Market visualization from Coin360 Bitcoin (BTC) is down around 3.5 percent over the past 24 hours, having failed to hold the $6,500 support, with its price dropping by almost $200 within five hours. At press time, the major cryptocurrency is trading …
Sunday, September 16: crypto markets have seen a mix of red and green today, with some small fluctuations and total market cap holding position. Market visualization from Coin360 Bitcoin (BTC) is negligibly up on the day, and trading at around $6,504 at press time. The major cryptocurrency is holding weekly gains, up about 5.1 percent over the past 7 days. Bitcoin weekly price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) is seeing small gains, up around 1 percent over the past 24 hours. The top altcoin is trading at around $222 at press time, up almost 13 percent over …
If you have ever encountered the word ‘cryptocurrency’ or ‘bitcoin,’ there is a solid chance that within the same paragraph or even sentence the word ‘bubble’ could also be found. Bubble has indeed become a shibboleth for crypto sceptics, especially after the market soared at the end of 2017, and the widening gap between valuation and intrinsic value of digital currencies and tokens became ostensible to many. Yet not all bubbles are created equal: some bubble-framed references and metaphors tend to surface more frequently in media space than others. Perhaps the crypto’s most conspicuous historical analogy is the dot-com bubble …