Bitcoin fell below $10,000; Ethereum, Litecoin, Bitcoin Cash devastated, XRP holds

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From a local peak on July 12, Bitcoin tanked from a high of $11,950 to a low of $9,857. Meanwhile, most altcoins experienced even larger double-digit losses. Some of the biggest losers include Ethereum, Bitcoin Cash, Litecoin, and Bitcoin SV—dropping 16.8 to 21.6 percent while XRP held strong relative to BTC. Following President Donald Trump’s negative…

Modeling altseason, estimating Ethereum, XRP, Bitcoin Cash, Litecoin prices using BTC dominance

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If ‘altcoin season’ happened today what would the cryptocurrency prices look like? What about if Bitcoin continues to reign supreme and BTC dominance keeps rising? We model different BTC dominance scenarios and show the price implications on Ethereum, XRP, Bitcoin Cash, and Litecoin—providing a best-guess estimate of what the markets could look like. Reviewing the…

Markets go into freefall as Bitcoin drops by 11.6%; Chainlink, Binance Coin, Basic Attention Token resilient

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The cryptocurrency markets went into freefall as Bitcoin dropped from $13,063 to $11,497, an 11.6 percent drop over the course of 19 hours. The altcoin market saw even greater damage, with the average altcoin losing 12.8 percent. Falling prices do not appear to be attributed to any major news. The market is seeing double-digit losses across…

EOS, Tezos, and BitTorrent showing signs of a major price movement

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After the recent 30 percent correction that Bitcoin experienced, some altcoins are showing signs of a possible breakout while others have indicators of further decline. This technical analysis will explore whether EOS, Tezos and BitTorrent are preparing for an upswing or a nosedive. EOS Following the high of $8.65 on May 31 EOS’s market valuation…

Bitcoin could break $20,000 and reach new all-time highs, analysis from top traders

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Bitcoin broke above the $10,000 milestone, and just as Fundstrat Global CEO Thomas Lee predicted, investors seem to be entering a “FOMO” phase that could take BTC into a massive rally similar to what happened in the 2017 bull market. Taking a step back, with $BTC #bitcoin at new 2019 highs, don’t those old highs…

Markets Update: Digital Currency Economy Surpasses $300 Billion

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Digital currency prices have spiked considerably in the last 24 hours and bitcoin core (BTC) stopped short about $70 in an attempt to cross the $10K price zone. Most cryptocurrencies are up between 2-8% on Friday, June 21 and the entire cryptoconomy surpassed $300 billion. Also read: These Are 2019’s Biggest Cryptocurrency Winners and Losers…

TRON prepares for a new mainnet upgrade, incoming breakout?

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TRON prepares for a mainnet upgrade that will strengthen its security and make it easier for developers to build on top of the network. The upgrade may coincide with a period of high volatility for TRX, according to the charts. TRON 3.6 TRON is one of the largest blockchain-based operating systems in the world. The…

Markets Update: Crypto Prices Surge After Last Week’s Pullback

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Digital currency markets have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off with only $63 billion swapped in the last 24 hours. Also read: Bitcoin.com’s Local Bitcoin…

As the halving approaches Litecoin could plunge like it did in 2015

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47 days before the 2015 block rewards reduction, Litecoin’s declined by 70 percent following a 590 percent surge. Now, only 45 days away from this year’s halving and up 540 percent, LTC is showing signs that a correction is underway. The Halving Event Every four years after 840,000 blocks are mined, Litecoin goes through a…

Markets Update: Crypto Prices Sink Lower Finding New Support Levels

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On June 9, digital currency markets have been meandering along in a consolidated manner after the slight downturn this afternoon. At the moment, the entire cryptocurrency market is around $243 billion, but global trade volume has dropped from $80 billion on June 5 to $56 billion this weekend. Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace…