Ethereum joins Bitcoin in uptrend
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$107,307.00
-2.28%$2,751.08
-3.71%$2.24
-3.43%$663.51
-0.94%$158.46
-4.86%$0.999811
0.00%$0.18823
-6.88%$0.274479
-5.54%$2,747.85
-3.94%$0.683063
-5.87%$42.85
-2.21%$107,337.00
-2.27%$3,331.56
-3.32%$3.33
-4.75%$14.36
-7.73%$21.09
-6.39%$433.61
-2.51%$0.273883
-2.99%$8.86
-1.45%$3.17
-3.36%$0.00001264
-6.80%$2,939.84
-3.34%$0.999733
0.01%$2,750.75
-3.86%$0.168653
-5.88%$88.58
-4.71%$4.06
-6.12%$1.004
0.35%$323.69
-4.63%$1.001
-0.08%$4.71
-3.49%$0.00001232
-7.18%$107,212.00
-2.35%$33.02
4.57%$7.84
-6.24%$0.626975
-2.05%$298.98
-5.75%$395.20
-8.05%$1.18
-0.15%$6.01
-2.32%$53.39
-0.42%$4.89
-6.28%$2.47
-9.03%$0.097059
-4.03%$1.00
0.00%$191.23
-5.01%$17.62
-5.32%$0.84951
-7.02%$1.055
-0.00%$30.83
-4.29%$0.66248
-2.12%$0.084459
-5.10%$1.003
0.32%$17.91
-3.06%$0.02430179
-6.25%$10.32
-6.97%$0.330169
-11.38%$4.41
-4.23%$0.220317
-6.19%$3.76
-7.26%$0.742664
-7.86%$107,163.00
-2.41%$4.45
0.24%$0.384451
-8.90%$0.084509
-6.74%$2.62
-4.97%$1.088
-9.08%$117.39
-0.25%$2,760.87
-3.49%$0.19178
-7.66%$4.53
-2.33%$1.64
-4.57%$0.998597
0.02%$0.999689
-0.03%$1.00
0.01%$11.37
-0.63%$167.90
-4.57%$2.07
-8.13%$2.06
-7.57%$0.456508
-8.30%$1.32
-7.17%$3,128.98
-3.75%$13.12
-6.03%$2,877.08
-3.91%$0.01865816
-3.31%$0.00001625
-10.02%$1.24
-2.14%$0.369301
-7.92%$0.677389
-8.46%$3.92
-4.77%$0.064142
-7.46%$0.676641
-6.01%$0.19203
-8.16%$2,931.71
-3.82%$0.17278
-1.69%$1.00
0.01%$1.003
0.30%$2,880.07
-3.91%$0.999169
-0.03%$0.936951
-9.00%$0.591502
-8.78%$0.505085
-7.96%$2,886.94
-4.17%$107,472.00
-2.21%$0.093967
-8.16%$664.39
-0.85%$107,741.00
-1.74%$0.648006
-10.71%$0.00008729
-10.22%$0.930086
-6.59%$3,386.67
1.39%$107,872.00
-3.12%$3,404.15
1.56%$50.69
-1.09%$176.39
-5.13%$2.47
-5.28%$205.69
-5.07%$0.766723
-7.36%$0.01653425
-8.14%$22.27
-9.19%$0.183577
-6.28%$1.11
0.05%$111.39
0.01%$0.281375
-6.18%$2.03
-7.16%$0.118584
-8.99%$0.502787
-6.44%$0.00000069
-4.04%$0.01074766
-10.01%$0.01399508
-8.99%$0.99945
-0.01%$4.07
-6.78%$2.24
-10.63%$42.81
-2.14%$0.602435
-4.91%$31.63
-7.90%$0.62359
-5.95%$0.997623
-0.01%$1.99
-0.80%$2,748.11
-3.85%$107,407.00
-1.76%$0.229502
-0.71%$0.371323
-5.87%$1.091
-0.19%$1.65
-6.22%$0.998189
-0.16%$2,749.45
-3.89%$2,937.63
-3.84%$2,853.43
-3.56%$0.704803
-4.21%$0.511402
-3.69%$2,972.86
-3.89%$0.280872
-6.94%$1.34
-4.80%$57.41
-3.04%$2.84
-4.08%$107,244.00
-2.33%$2,749.21
-3.90%$9.09
-2.28%$0.051837
-11.89%$107,051.00
-2.32%$1.72
-15.19%$0.98968
-0.14%$0.01444019
-5.19%$0.188801
-6.73%$0.480453
-15.33%$42.84
-2.24%$0.475952
-3.18%$0.552949
-9.11%$0.04651007
-6.22%$0.389853
-9.84%$0.423224
-3.80%$1.47
-12.66%$0.132599
-10.10%$1.57
-4.47%$6.74
-7.87%$1.00
0.03%$0.06129
-0.11%$0.999809
0.00%$0.54931
-8.87%$0.591734
-8.31%$104,748.00
-2.59%$0.00002162
-5.39%$6.07
-5.75%$15.01
-6.77%$2,918.68
-3.97%$0.00451602
-4.22%$2,750.26
-2.89%$0.999851
-0.02%$0.00000105
-12.14%$0.00000041
-3.45%$1.09
0.00%$0.16362
-5.67%$0.080171
-6.01%$0.00403833
-14.22%$36.95
-1.57%$2.49
-9.64%$1.22
-12.40%$1.01
0.48%$0.00680856
-7.35%$0.148733
-8.33%$0.182421
27.70%$3,029.49
-3.93%$0.998621
-0.16%$0.03812081
-6.00%$1.52
-15.06%$3,004.48
-3.77%$0.552901
-5.68%$0.01871498
-5.83%$0.360746
-0.28%$2,746.50
-4.05%$1.31
-7.11%$0.359133
-12.31%$107,117.00
-2.46%$0.00644407
-6.75%$0.0041801
3.56%$107,024.00
-2.68%$8.12
-1.48%$0.0725
-8.93%$172.08
-5.10%$2,755.50
-2.73%$0.03328109
-5.94%$0.00390939
-4.12%$0.220225
-6.16%$0.775427
-7.31%$21.09
-6.51%$0.02113168
-2.89%$0.00005895
-5.54%$121.75
-6.38%$19.44
-3.06%$0.99986
-0.01%$0.999246
0.03%$1.003
0.25%$0.679283
-9.61%$0.672535
-3.79%$0.210236
-7.51%$0.00000142
-0.92%$1.005
-0.45%$0.00412621
-9.60%$108,080.00
-1.24%$25.48
-6.64%$1.017
-0.17%$0.286717
-5.02%$0.00312355
-9.92%$0.46786
-6.94%$2,152.43
-2.40%$2.25
-10.54%$0.999856
-0.02%Reading
Crypto markets saw a sudden upward movement in the early hours on Tuesday as the price of Bitcoin (BTC) has once again reclaimed the $20,000 level.
The leading cryptocurrency, which was trading below $19,000 on Monday, is up 6.4% over the past day, currently changing hands at a 10-day high of $20,199, according to data from CoinGecko.
While investors hope the latest price action will signal a new bull run, this is still a far cry from the asset'S all-time high of over $69,000 that was recorded last November. As of today, Bitcoin has fallen by roughly 71% from its record high and is down 57% since the start of the year.
The Fear and Greed Index, a metric used by some investors to gauge the market sentiment, is currently at 20 points, which corresponds to "extreme fear."
Ethereum (ETH) has also seen some positive action in the past 24 hours as it jumped 6.4%, trading at $1,382 by press time, per CoinGecko.
This is the first meaningful upward movement for the industry’s second-largest cryptocurrency since the network’s shift to a proof-of-stake (PoS) consensus mechanism on September 15.
Following the historical merge event, the price of ETH plummeted from above $1,700 to almost $1,250 on September 22, failing to bounce back above $1,350 since then.
The two largest coins posted gains amid soaring trading volumes, propelling the overall market value back above the $1 trillion mark.
The market’s other notable gainers include Uniswap (UNI), which is up 16.2% over the day to hit a two-week high of $6.59, Polkadot (DOT) with a 6.2% uptick in price, and Solana (SOL), which is up 5.3% over the past 24 hours.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Bitcoin is retreating after nearly hitting a new all-time high price just days ago—so where might it be heading next? If you're into technical analysis, you've come to the right place. Let's take a look at the charts: Bitcoin declined 1.2% to $107,369 and Ethereum dropped 0.96% to $2,746 as cooler-than-expected Consumer Price Index data triggered a classic "buy the rumor, sell the news" reaction in crypto markets. The initial surge above $110,000 for Bitcoin and near $2,880 for Ethereum quickly...
The crypto market's euphoria over cooling inflation lasted exactly one day—Dogecoin (DOGE), Solana (SOL), Cardano (ADA), and other major altcoins are now bleeding red as traders abandon the coins for the relative safety of Bitcoin. Dogecoin dropped by 5.8% to $0.19, while Tron (TRX) fell 6.8% to $0.2717 and ADA declined 5.1% in the last 24 hours. Other top altcoins joined the retreat, with Avalanche (AVAX) down 5.4% to $20.83, Sui (SUI) falling 5.6% to $3.27, and Chainlink (LINK) dropping 6.7%...
The DOGE days of summer may be here, as the crypto market’s top meme coin Dogecoin is beginning to show signs of comeback. The reason? Elon Musk, again, if you can believe it. But it’s not just Elon—a look at the charts shows traders may have good reason to think good times for DOGE could keep rolling. And it’s not just DOGE either, with bullish momentum building for Ethereum as well. Dogecoin today jumped 6.32% to $0.20 before correcting to its current price of $0.19552, breaking above the $0.1...