Bitcoin and Ethereum Continue Stagnant, Aiming for Lower Lows
The so-called “September Effect” continues to haunt investors, especially those in the cryptocurrency industry.
Technical analysis and price predictions for the most relevant cryptocurrencies
The so-called “September Effect” continues to haunt investors, especially those in the cryptocurrency industry.
The cryptocurrency markets continue moving at a rapid pace, and we are seeing leading crypto and blockchain projects coming out with significant updates every day. However, it can be hard to keep up with all of the innovation that’s happening in crypto – here’s where we can help you out. Let’s check out 3 projects that will be particularly interesting to follow this week.
Key Highlights Bitcoin dropped by 5.57% this week as the coin reached $11,500. Ethereum saw a 8.8% price decline this week as it reached $390 today. XRP dropped by 9% over the past week as it reached the $0.28 level. BITCOIN PRICE ANALYSIS What has been going on? Taking a look at the daily chart…
Bitcoin fell by a sharp 3% over the past 24 hours of trading as the coin rolled over from $12,400 to break beneath $12,000 as it reaches $11,800.
The July trading volumes on the CEX.IO cryptocurrency exchange have grown twice compared to June 2020. A major reason for the growth is the increased interest of market participants in ETH – in particular, because of DeFi and the imminent release of Ethereum 2.0. Now ETH is a growth driver, and it is pulling other cryptocurrencies, like BTC, in particular, up.
Despite August being the peak of the summer vacation season on most of the northern hemisphere the development of many tokens has not slowed down. Quite the opposite actually, as the three coins on our list are looking to improve their market position with protocol upgrades and the increased attention from the community that comes with them.
Despite August being the peak of the summer vacation season on most of the northern hemisphere the development of many tokens has not slowed down. Quite the opposite actually, as the three coins on our list are looking to improve their market position with protocol upgrades and the increased attention from the community that comes with them.
It’s the beginning of Week 32 and we have again prepared a selection of top 3 coins to watch this week. While the number one coin to watch is a top performing cryptocurrency and was already featured in our previous week’s selection, other coins are debutants on our list.
It’s the beginning of a new week and we are back with now already established weekly overview of top coins to watch. Surprisingly, this week’s selection of top 3 coins consists exclusively of already established and well-known cryptocurrencies as all of them are from the group of top 6 cryptos by market capitalization.