Bitcoin, Ethereum, Dogecoin Slip: Fed's Powell Stirs Recession Fears, But Is Crypto Selloff Showing 'Exhaustion?'
Bitcoin, Ethereum and major coins traded lower on Wednesday evening as the global cryptocurrency market cap slipped 2.1% to $887.6 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -2.1% -11.1% $20,116.83 Ethereum (CRYPTO: ETH) -4.7% -14.7% $1,061.83 Dogecoin (CRYPTO: DOGE) -2.8% 1.3% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Polygon (MATIC) +14.9% $0.47 Uniswap (UNI) +9.6% $5.11 Amp (AMP) +6.2% $0.0095 See Also: How To Get Free NFTs Why It Matters: U.S. Federal Reserve Chair Jerome Powell appeared before Congress on Wednesday and acknowledged the hardship inflation is causing.
Timeline of Bitcoin, Dogecoin, Ethereum
For Ethereum's conservative traders, risk would be to enter short position below… - AMBCrypto
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Ethereum [ETH] has seen rough times in recent weeks on the price charts.
By The Numbers: The Worst Bitcoin Bear Markets Ever - NewsBTC
Bitcoin is now officially in another bear market after the crash that rocked the market last week. After falling more than 70% from its all-time high, investors across the space had started to retreat from the digital asset due to this new price trend.
Bitcoin could be a panacea for income inequality, says Forbes - CryptoSlate
Bitcoin (BTC) has the potential to solve the world's income inequality problem as it can behave as a commodity and an asset at the same time, and have its price set by market demand, according to an analysis from Forbes. The post Bitcoin could be a panacea for income inequality, says Forbes appeared first on CryptoSlate.
Following BTC's Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction - Bitcoin
During the past week, Bitcoin's hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35% drop brings the difficulty down to
Dogecoin and the Siren Song of Crypto - PYMNTS
There are arguments to be made about how useful crypto is or isn't, but they tend to fall flat when it comes to Dogecoin, the $8.3 billion memecoin created as a joke that has attracted investors based largely on the siren song of one fan, Elon Musk. Dogecoin did something not at all unusual when
Crypto Capitalist Arthur Hayes Issues Fresh Warning, Says Forced Selling Still a Threat to Bitcoin and Ethereum - The Daily Hodl
Former BitMEX CEO Arthur Hayes says “pockets of forced selling” of Bitcoin (BTC) and Ethereum (ETH) could cause the crypto market to dip again in the near future. Hayes notes that Canada's Purpose BTC exchange-traded fund (ETF) sold off a staggering 24,500 Bitcoin on Friday. “I'm not sure how they execute redemptions but that's a The post Crypto Capitalist Arthur Hayes Issues Fresh Warning, Says Forced Selling Still a Threat to Bitcoin and Ethereum appeared first on The Daily Hodl.
Bitcoin Rejected At $21K, Why A Retest Of The Lows Could Be Positive - NewsBTC
Bitcoin seems on the verge of re-testing previous support levels. The number one cryptocurrency has been experiencing a persistent downside which took it to a multi-year low of around $17,000.
Bot Known for Outperforming Crypto Markets Unveils Altcoin Selections Amid Wild Bitcoin and Ethereum Price Action - The Daily Hodl
A robot with a reputation for outpacing the crypto markets is revealing its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) weather high volatility. Each week the Real Vision Bot conducts surveys in order to create algorithmic portfolio assessments consistent with a “hive mind” consensus. The bot's newest data finds that traders' risk appetite The post Bot Known for Outperforming Crypto Markets Unveils Altcoin Selections Amid Wild Bitcoin and Ethereum Price Action appeared first on The Daily Hodl.
Trader Who Called Current Market Collapse Makes Bitcoin (BTC) Bottom Prediction – Here's His Price Target - The Daily Hodl
The widely followed trader and analyst who accurately called the current crypto market downturn says the pain is nearly over and has a particular price target for Bitcoin in mind. Pseudonymous trader Capo tells his 400,000 Twitter followers that the flagship crypto asset is in the process of forming a bottom about 17% down from The post Trader Who Called Current Market Collapse Makes Bitcoin (BTC) Bottom Prediction – Here's His Price Target appeared first on The Daily Hodl.
Bitcoin Blockchain Begins To Awaken From Death Spiral - Bitcoinist
Data shows the latest selloff has caused the Bitcoin blockchain activity to come back to life after it had stayed muted for a while now. Bitcoin On-Chain Activity Returns As The Selloff Continues According to the latest weekly report from Arcane Research, the BTC transaction fees has observed a 17% uplift over the past week.