Ethereum Technical Analysis: ETH Faces Critical Resistance at $2,800 Amid Market Indecision

August 26, 2024 Bitcoin.com

Ethereum Technical Analysis: ETH Faces Critical Resistance at ,800 Amid Market Indecision

On August 26, 2024, ethereum’s price hovered around the $2,739 mark, reflecting a cautious market sentiment as traders weigh the potential for further gains against looming resistance. Technical indicators across multiple timeframes reveal a mixed outlook, with key support and resistance levels tightly defining ethereum’s near-term trajectory. Ethereum Ethereum’s daily chart shows a strong downtrend […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Bitcoin Technical Analysis: Key Resistance Levels Test Bullish Momentum

August 26, 2024 Bitcoin.com

bearish signals

On Aug. 26, 2024, bitcoin is navigating a crucial juncture, with prices hovering around $63,908. Despite a recent recovery attempt, the cryptocurrency faces significant resistance between $64,000 and $65,000. Bitcoin Bitcoin’s 1-hour chart reveals a recent peak at $65,103, followed by a sharp drop to $63,128 before stabilizing just above $63,500. This stabilization is critical, […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity

August 24, 2024 Bitcoin.com

altcoin season

Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022. Although the crypto markets have been showing positive trends this week, the likelihood of an ‘altcoin season’ remains quite slim. This is evidenced by blockchaincenter.net’s Altcoin Season Index (ASI), which currently sits at a low score of […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Gold Shatters Records as Investors Brace for Economic Turbulence

August 20, 2024 Bitcoin.com

bitcoin.com

Precious metals prices are on the move again, with gold hitting a new peak of $2,564 during Tuesday’s trading sessions. As of now, gold is being traded at $2,527 per ounce, while silver has climbed more than 6% this week, currently standing at $29.68 per ounce. Market trends show that the prices of precious metals […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

This Week’s NFT Sales Slump 11.66%—Will the Downtrend Turn Around?

August 17, 2024 Bitcoin.com

Bitcoin NFTs

In the past week, non-fungible token (NFT) sales have dipped by 11.66%, totaling $81.7 million. Despite this decrease, there’s been a significant uptick in market activity: the number of NFT buyers has skyrocketed by 172.98%, while NFT sellers have also seen an impressive rise of 120.51% over the same period. NFT Market Chaos: Prices Drop, […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity

August 12, 2024 Bitcoin.com

bearish outlook

On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing challenges in breaking through key resistance levels, hinting at a […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

July NFT Sales Plummet for Second Consecutive Month

August 2, 2024 Bitcoin.com

Bitcoin

In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July marked the second consecutive month […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Bitcoin Peaks at $69,404 as Short Liquidations Surpass $27M

July 27, 2024 Bitcoin.com

Bitcoin

The price of bitcoin (BTC) increased by 1.9% over the past day, peaking at an intraday high of $69,404 around 9 a.m. EDT on Saturday. Over the last week, BTC has climbed by 3.1% and has risen 16.8% over the past two weeks. Bitcoin’s Upward Momentum: Key Stats and Market Impact Bitcoin is gaining momentum […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Market Trends Favor Ethereum as ETF Launch Nears, Finds Bybit and Block Scholes Study

July 15, 2024 Bitcoin.com

bitcoin.com

A recent report from Bybit and Block Scholes reveals shifting investor sentiment in the crypto derivatives market, favoring ethereum over bitcoin. This insight, derived from analysis of market trends across various trading formats, highlights an optimistic outlook for ether, especially with the impending launch of spot ether exchange-traded funds (ETFs) in the United States. Shift […]

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Crypto Sentiment Plunges to ‘Extreme Fear’ as Bitcoin Attempts to Break Upper Resistance

July 13, 2024 Bitcoin.com

Bitcoin

Current data from the Crypto Fear and Greed Index (CFGI) indicates that crypto sentiment has been in a state of “extreme fear” for the past two days. According to Alternative.me’s CFGI, the sentiment scored 25 out of 100 in the daily readings on Friday and Saturday. CFGI Reports ‘Extreme Fear’ Over the Past 48 Hours […]

Market Trends

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