Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K

The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk’s purchase of Twitter began to fade and concerns about the state of the global economy took the forefront again. Tech-related stocks were some of the hardest-hit assets on April 26 and this pullback was followed by […]

What are the top 3 trending altcoins to buy in 2022

The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the top three trending altcoins you might want to consider looking at in 2022. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What […]

Altcoins Outperform as Sentiment Improves; Bitcoin Within ‘Value Zone’

A large amount of bitcoin supply has been accumulated between the $38,000 and $45,000 price range, according to blockchain data compiled by Glassnode. Typically, price “value” zones, areas with a large amount of trading activity, precede strong breakouts or breakdowns in price. Source link

Market Wrap: Crypto Sell-Off Pauses as Volatility Fades; Altcoins Outperform

Bitcoin (BTC) and other cryptos stabilized on Tuesday amid lower volatility. Options traders remain uncertain as demand for puts began to outweigh demand for calls. Stocks were also mixed, while gold traded higher. Source link

Cryptos Recover with Altcoins in the Lead

By averaging mining difficulty, traders can determine when miner selling and buying pressure aligns with turning points in BTC’s price. Bearish signals occur when short-term moving averages compress and cross below a long-term moving average, and the opposite is true for bullish signals. Still, at times signals can lag price action by a few months. […]

Litecoin 10-Year Anniversary Arrives Alongside Altcoin’s Darkest Hour

On October 13, 2011, the Litecoin network first went live. Today marks ten years from the debut of digital silver, which has arrived at the same time as the asset has made a new all-time low against BTC. Is it lights out for Litecoin from here, or will this ten-year anniversary be the start of […]

Altcoins Bleed During Last Night’s Bitcoin Pump, But Dominance Downtrend Remains Intact

Last night, Bitcoin price exploded above $10,000 in an over $600 and a 6% price increase during an epic one-hour candle. During this surge, altcoins were decimated in a flash but failed to cause the current BTC dominance downtrend to come to an end. Bitcoin Price Blasts Above $10,000 Causing Altcoins To Bleed Out Right […]

There Isn’t Anything Crypto Altcoins Do That Bitcoin Won’t Do

Ever since the peak of the 2018 crypto bull market, Bitcoin has been front and center for most investors. Bitcoin dominance — the percentage of the cryptocurrency market made up of BTC — has doubled from the 33% lows, while a number of altcoin projects have died out due to funding issues and a lack […]

Binance Futures Traders Long BTC and Altcoins, Even as Bitcoin Price Falls

The majority of top traders on Binance Futures are longing Bitcoin (BTC), Ether (ETH), and 8 other cryptocurrencies. In fact, more than 50% of traders are long on 10 crypto assets despite the current decline in the price of BTC. According to Binance, the current futures positions over the past 24-hours are: Binance Futures. Source: […]