Bitcoin hit its new all-time high this morning in the Asia-Pacific region by jumping 2% in the past hour to reach US$67,826 according to data from CoinGecko — pushing the total crypto market capitalization to more than US$3 trillion. Ethereum’s Ether, the second-largest cryptocurrency, also surged today to a new all-time high of US$4,833. This […]
Read More »After 2 weeks of consolidation, Bitcoin managed to make a weekly close above the critical $50k level, marking another step forward in bull market continuation validation. This is now the fourth consecutive weekly close above the 21-week, 40-week, and 200-day moving average, 3 major levels that have been successfully reclaimed in order to re-enter bull […]
Read More »With Bitcoin rallying up to over $45.7k at the time of writing, hitting its highest levels since mid-May, the crypto community is experiencing a bullish wave. Even the U.S. Infrastructure Bill that seeks to heavily tax cryptocurrency usage, hasn’t been able to deter this upward trajectory. This bullish sentiment was also reflected in the analysis by various […]
Read More »The cryptocurrency market is recovering slightly after the main market sentiment indicator hit yearlong lows. The Fear & Greed market index measures the overall sentiment of market participants and other sources. Previously, we noted that the index hit year-low values, which is usually a good indicator for the market since the following bounce comes immediately after. After the recent price drop of Bitcoin […]
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