Will sideways trading give way to volatility as Grayscale shares unlock? A summer lull has descended on the digital asset market, as Bitcoin struggles to find clear direction amidst an ample supply of both bullish and bearish headlines. Visa said on Wednesday that more than $1 billion worth of crypto has been spent using their […]
The post Volatility Drops in Directionless Digital Asset Market – eToro Crypto Roundup appeared first on The Daily Hodl.
Compound jumps 40% while Aave and Uniswap enjoy 20% gains. As Ethereum has pushed almost 10% higher this week, Bitcoin has drifted sideways on mixed headlines. The Chinese clampdown on mining continues to drive uncertainty in the market, along with the ramp up of regulatory discussion in the US. Yet this is matched by equal […]
The post DeFi Boosts Market As Bitcoin Taps on $35K – eToro Crypto Roundup appeared first on The Daily Hodl.
Headwinds from China collide with optimism in Latin America. Bitcoin is bouncing towards $35K, after a storm of volatility sent the crypto asset down to its lowest point in nearly five months. While enforcement in China and a Bitcoin heist in South Africa have added to the uncertainty, pushing prices lower, the market is being […]
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Crypto sinks with stocks as the Fed acknowledges inflation. Bitcoin has fallen 15% over the last week as the market weighs the impact of big shifts in the crypto ecosystem and broader macro environment. On Wednesday, Fed chairman Jerome Powell acknowledged rising inflation, and responded by bringing forward the timing of the next interest rate […]
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Want to dabble in digital currency, but don’t know where to start? Get familiar with some of the top performing altcoins. It’s far from over, but 2021 is feeling like the year where avoiding cryptocurrency is nearly impossible. It’s everywhere in the news, from all-time price highs being set (and reset), to billionaire entrepreneurs touting […]
The post Four Cryptos To Consider Besides Bitcoin (BTC) – eToro appeared first on The Daily Hodl.
While altcoins bleed, Bitcoin moves in on $40K. Bitcoin is bouncing back. The crypto king has reclaimed its throne and is closing in on $40K as the altcoin market stagnates. El Salvador’s approval of Bitcoin as legal tender on Thursday could be credited with the turnaround, boosting market sentiment and sparking a wave of interest […]
The post Bitcoin Bounces As Elon Adds to El Salvador Optimism – eToro Crypto Roundup appeared first on The Daily Hodl.
Will Bitcoin become legal tender in El Salvador? Bitcoin has drifted sideways this week – caught between waves of volatility as bad news from China and tweets from Elon Musk rock the market back and forth. Prices approached $40K on Friday, before Musk tweeted a broken heart emoji with the Bitcoin logo, triggering a 7% drop. […]
The post Crypto Market Drifts Sideways on Announcement at Bitcoin Miami 2021 – eToro Crypto Roundup appeared first on The Daily Hodl.
Bitcoin falls another 10% as DeFi coins show resilience. Bitcoin is searching for firm footing around $35K after another week of volatility has washed over the market. The leading cryptoasset hit lows above $33K on Sunday before bouncing, with bullish momentum supported by some of the loudest voices in institutional investing. Ray Dalio admitted to […]
The post Crypto Market Finds Footing on Institutional Support – eToro Crypto Roundup appeared first on The Daily Hodl.
Altcoins suffer double-digit losses in marketwide meltdown. Anxiety has washed over the crypto market, while cascades of selling push prices down to the same levels as before Tesla announced its Bitcoin treasury allocation. Tweets from Tesla CEO Elon Musk have been widely blamed for giving the market jitters, which turned to full-blown fear as China […]
The post Bitcoin Falls to $35K on Warning of China Crackdown – eToro Crypto Roundup appeared first on The Daily Hodl.
The price of Bitcoin has tumbled over 25% in seven days, hitting a low of $42,025 over the weekend, as investors took profits en masse. (It is now trading at $38,163 after further declines.) Bitcoin, as well as peers such as Ethereum which have also slumped by similar amounts in the last week, has sold […]
The post Seven Straight Days of Bitcoin Tumbling, Plus EOS, eBay and Facebook Updates – eToro Market Analysis appeared first on The Daily Hodl.
