All of the major cryptocurrencies are on a sharp downward trend as the Asian session gets underway, and the global market cap of cryptocurrencies has fallen below $1 trillion on concerns over the insolvency of FTX. The price of bitcoin dropped significantly and traded at $19,600, breaking through an upward trendline. Likewise, Ethereum dropped 7.5% … Read more
After recovering off the $20,265 support level, the Bitcoin price is now approaching $20,534, trading in the green during the Asian session. Similarly, Ethereum is close to reaching the 78.6% Fibonacci retracement level at $1,594 after rising by less than 0.50%. The global crypto market cap increased by almost 0.50% to $1.01 trillion the day … Read more
The price of bitcoin is on the upswing during the Asian session, rising more than 4% to $20,260. Ethereum, in comparison, is on fire, rising more than 10% in the previous day to trade at $1,485. Major cryptocurrencies were up early on October 26 as the market cap of all cryptocurrencies increased by about 5% … Read more
