Bitcoin, Ethereum, Dogecoin Rebound After Weekend Bloodbath: Why This Trader Sees Crypto Plunging 25% More

Bitcoin and Ethereum traded above key psychological levels on Monday evening after slipping below them over the long holiday weekend. The global cryptocurrency market cap rose 1.1% to $906 billion.

Timeline of Bitcoin, Dogecoin, Ethereum

El Salvador's President Nayib Bukele assured citizens that the current bear market is not the end for Bitcoin (BTC) and advised Bitcoin investors to stop worrying and be patient. The post El Salvador's President says ‘Bitcoin will pick up, don't worry and enjoy life' appeared first on CryptoSlate.

The Sepolia testnet is the next in line after Ropsten to undergo a merge trial run since its Beacon Chain is now live and ready to give developers valuable information leading up to the real thing.

Bitcoin and other major altcoins have been on a consistent free fall and even hit multi-yearly lows. BTC even touched $17,000 mark this month, however, the king coin has now reclaimed its $20,000.

The recent volatility in Bitcoin and the broader crypto market has strengthened public opinion against the leading cryptocurrency, adding to the narrative that the country's Bitcoin experiment has failed, Julio Sevilla, a professor at the University of Georgia, told NPR. The post Price volatility strengthens public opinion against Bitcoin in El Salvador appeared first on CryptoSlate.

A bitcoin (BTC) wallet owner who received almost BTC 200 (USD 4.16m) by accident has been absolved of blame by a branch of the South Korean High Court, which overturned two previous rulings in doing so.

Crypto analyst Benjamin Cowen says that one macroeconomic signal may be what triggers a trend reversal in Bitcoin (BTC). In a new strategy session, Cowen tells his 754,000 YouTube subscribers that he's got his eye on the rate of US inflation and its correlation with equity markets and Bitcoin. Cowen says that historically, the S&P The post Bitcoin (BTC) May Have Further To Fall Until One Catalyst Triggers Reversal, Says Crypto Analyst Benjamin Cowen appeared first on The Daily Hodl.

Tesla CEO Elon Musk is once again confirming his support for popular meme token Dogecoin (DOGE) despite getting hit with a multimillion-dollar lawsuit that alleges he promoted the dog-themed crypto asset as a pyramid scheme. The business magnate tells his 99 million Twitter subscribers that he will continue to support and purchase DOGE even as The post Elon Musk Reiterates Support for Dogecoin After Facing $258,000,000,000 Crypto Lawsuit appeared first on The Daily Hodl.

Although the crypto market is going through a challenging phase, the core systems are functioning well, crypto-financial service provider Bitcoin Suisse's Director Giles Keating told CNBC. The post Bitcoin Suisse Director says crypto market is forming a bottom appeared first on CryptoSlate.

The inventor of Ethereum Vitalik Buterin and his father Dmitry “Dima” Buterin talked about the crypto market, volatility, and speculators. In an interview with Fortune Magazine Buterin claimed he is unbothered by ETH's price downside action.

Former hedge fund manager Jim Cramer, who has in the past said he directly owned Ethereum ($ETH) and told viewers to consider investing in Coinbase stock (NASDAQ: COIN) in August 2021, has said he sees the price of Bitcoin ($BTC) drop to $12,000 in the future. Cramer, the host of CNBC show “Mad Money w/