Search Results for: rebounded

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

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Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s…

Bitcoin, Ethereum Technical Analysis: Market Volatility Remains High, as BTC Climbs Above $19,000

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Volatility in cryptocurrency markets remained high on Thursday, as markets began to consolidate following a recent red wave. Bitcoin was back above $19,000 in today’s session, with ethereum also rebounding following recent losses. As of writing, the global crypto market cap…

Biggest Movers: XRP Remains Close to 4-Month High, as LTC Rebounds on Wednesday

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XRP remained close to a four-month high on Wednesday, following a recent breakout of a key resistance level. The token was above $0.4000 for a second consecutive session, which happened for the first time since June. Litecoin also edged higher, after…

Biggest Movers: ATOM Hits 4-Month High, NEAR up 10% on Thursday

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Cosmos moved to a four-month high in today’s session, as crypto markets rebounded following Wednesday’s sell-off. Prices of the token broke out of a key resistance point this afternoon, reaching the milestone. Near protocol was another notable mover, as it hit…

Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Following Monday’s Declines

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Crypto markets were back in the green on Tuesday, as bearish pressure marginally eased during today’s session. Ethereum rallied back above $1,600 earlier in the day, less than 24 hours after nearing a breakout below $1,500. Bitcoin was also higher, moving…

Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token

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The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the…

Bitcoin, Ethereum Technical Analysis: ETH Rebounds on Friday, Climbing Above $1,700

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Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S….

Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher

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Stock and cryptocurrency markets on Thursday saw volatility, after experiencing fluctuations during the tensions between China and Taiwan on Tuesday and Wednesday. Major indexes like the S&P 500, Dow Jones, and NYSE have shed a few percentages today, while the global…

Bitcoin, Ethereum Technical Analysis: Bullish Sentiment Returns to BTC Following Yesterday’s Sell-off

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Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off. Bitcoin BTC was trading marginally…

Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Cryptos Rebound

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Following a weekend trading below $20,000, bitcoin rallied by over 10% on Monday to recapture this level. Cryptocurrencies were mainly in the green to start the week, as bulls seemingly bought the weekend’s dip. ETH was almost 15% higher in today’s…