Category: LTC

Altcoins are beginning to lose bullish momentum as Bitcoin price struggles to reclaim $40,000. Investors are beginning to worry that Bitcoin’s (BTC) uptrend could be in peril after the top-ranked cryptocurrency failed to pull above the $40,000. Some traders are afraid that a repeat of the crushing 2018 bear market is on the cards again…

Bitcoin may be down now but there is still growing demand for crypto assets, one analyst said. CoinDesk 20 Bitcoin Price Index Jan 15, 2021 at 9:52 p.m. UTCUpdated Jan 15, 2021 at 9:55 p.m. UTC Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH Bitcoin was slipping Friday on lower-than-average volumes…

Altcoins have entered a slight correction after Bitcoin’s relief rally lost steam and the price dropped below $35,000. Grayscale products witnessed $3.3 billion in inflows in the fourth quarter of 2020, a large jump over the $1.05 billion seen in the preceding quarter. According to Grayscale, institutional investors accounted for 93% of the new investments. …

Bitcoin’s price is on a rising trend for the first time this week. CoinDesk 20 Bitcoin Price Index Jan 14, 2021 at 9:30 p.m. UTC Market Wrap: Bitcoin Hits $40K Again While Ether Volume Is Erupting This Year After closing out last week at over $40,000 on Sunday, bitcoin hit that price again Thursday while…

Traders are shifting funds into select altcoins as Bitcoin price trades in a sideways range. The top 100 richest Bitcoin (BTC) addresses have added 334,000 Bitcoin to their existing holdings over the past 30 days, a clear signal that whales and institutional-size investors bought the dip. A positive sign is that most of them have…

CoinDesk 20 Bitcoin Price Index Jan 11, 2021 at 9:31 p.m. UTC Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether Bitcoin’s plunge to as low as $30,305 was intensified from leveraged long derivative liquidations; options traders are totally bearish on ether, the native asset of Ethereum. Bitcoin (BTC) trading around…

Bitcoin’s sharp correction may not have broken its uptrend, but several altcoins have signaled that a short-term top could be in place. After an incredible run-up to nearly $42,000, Bitcoin (BTC) price finally entered a significant correction, and at the time of writing the price is down by about 18%. While the swift drop to…

The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum, and monero have all jumped in value while bitcoin has seen a decent drop. ** This post has been updated to…

Traders are buying every dip and pushing Bitcoin price to new highs on a daily basis, triggering many altcoins to follow suit. Bitcoin (BTC) again rose to a new all-time high on Friday as bulls continued to buy on every minor dip. As the price reached a new high, Bitcoin’s market capitalization soared above $775…

Bitcoin’s slow crawl toward $36,000 has given select altcoins the green light to rally higher. Aggressive buying by institutional investors is one of the main reasons for the current Bitcoin (BTC) bull run. Some investors expressed their intent to hold their positions for a few years, but it is also prudent to note that many…