Tag: Level

BTC Surge Stalls at Key Resistance Level – Market Updates Bitcoin News

[ad_1] Following Tuesday’s price surge, bitcoin was trading lower during today’s session, as markets hit a key resistance point. This comes as ETH was once again trading below the $3,000 level. As of writing, the crypto market cap is down 1.87%. Bitcoin BTC bulls ran into a stumbling block on Wednesday, as traders appeared to once again short the world’s largest cryptocurrency. Following a high of $44,793.60 yesterday, BTC/USD hit an intraday low of $43,307.96 earlier in today’s session. BTC is down 2.42% on the day, as of writing, and…

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Bitcoin Dominance Sinks to Lowest Level in 3 Years as Ethereum, Numerous Competitors Gain on BTC – Markets and Prices Bitcoin News

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[ad_1] Bitcoin dominance has dropped to the lowest level in just over three and a half years since June 3, 2018, at 37%. Last year, at the end of March, bitcoin dominance hovered just above the 60% zone but since then, numerous digital asset market caps have swelled in value and gathered prominence in the market rankings along the way. Bitcoin Dominance Dips Below 38% The crypto economy currently has roughly 12,247 crypto assets traded across 542 exchanges worldwide. Crypto markets have shed more than 7% over the last 24…

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Small Ethereum investors increase exposure as ETH loses $4K level

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[ad_1] Ethereum’s native token Ether (ETH) has dropped by over 18% after establishing an all-time high around $4,867 on Nov. 10, now trading near $3,900. Nonetheless, the plunge has not deterred retail investors from buying the token in small quantities. According to data gathered by Glassnode — a blockchain analytics platform, the number of Ether addresses holding less than or equal to 0.01 ETH reached a record high level of 19.95 million on Dec. 4, the day ETH dropped to as low as $3,575 (data from Coinbase). Ethereum addresses with…

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Bitcoin toys with $60K as crucial price support level sees multiple retests

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[ad_1] Bitcoin (BTC) bounced at the pivotal $58,400 during Nov. 17 as the day continued choppy price action.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: This isn’t the “real” bear market Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly reversing after its fourth wick below $59,000 in 24 hours. The $58,400 level had been pronounced as a key line in the sand for bulls Tuesday, which was necessary to hold in order to avoid deeper losses. True to form, Bitcoin quickly returned above $60,000 after the retest to…

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Ethereum price dragged down below $2K as US inflation hits highest level since 1991

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[ad_1] Ether (ETH) perhaps had the most bullish outlook entering the July session, with a key technical update dubbed EIP-1559, promising to make its native token ETH scarcer through the network’s first-ever burning mechanism. But so far into the month, the second-largest cryptocurrency by market cap has vastly tailed its top rival Bitcoin. The positive correlation was visible on July 13, following the New York opening bell, when Ether plunged below $2,000 to hit its two-week low in sync with Bitcoin, which slipped slipping below $32,500. ETH/USD vs. BTC/USD on…

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Binance Abruptly Delists South African Rand Trading Pairs After Currency Fails to Meet ‘High Level Standard’ – Exchanges Bitcoin News

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[ad_1] In an abrupt move, Binance South Africa announced on March 31 that all South African rand (ZAR) trading pairs will be delisted on April 2. The crypto exchange adds in a statement that “all trade orders will be automatically removed after 10.00 UTC on April 1” in each respective trading pair. Binance concludes by requesting users to withdraw all funds before the 10.00 UTC deadline. ZAR No Longer Meets the Standard In justifying the decision, Binance South Africa states that it “periodically reviews each digital asset we list to…

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