Tag: Bloodbath

Friday Shows Bloodbath for Crypto Markets, Bitcoin Price At $7,300

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Friday, Nov. 22 — Cryptocurrency prices are bleeding heavily, with some of the top-20 coins showing losses of close to 10% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) started the day just above the $7,600 price mark, when it suddenly started on another sell-off towards the $7,000 price level. The coin bounced off a local low of $6,800 in recent hours, before moving up to its current trading price at $7,300, showing a loss of close to 4% on the day. The world’s largest cryptocurrency is…

Crypto Market & Bitcoin Bloodbath Not Over Yet: LTC, BNB, BCH, TRX Analysis

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The total crypto market cap declined heavily and tested the $200.0B support (yesterday’s target). Bitcoin price is down more than 6% and it is approaching the long awaited $7,400 bearish target. Binance coin (BNB) price is down around 5% and it is now trading well below $17.50. Litecoin (LTC) price is under a lot of pressure and struggling to hold the $50.00 support area. BCH price is extending losses and it is trading near the $220 support area. Tron (TRX) price is down and out, with a major support near…

Bitcoin Price Tanks Below $8000 in Another Market Bloodbath

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Bitcoin price fails to hold the $8000 level support and slips below as the mounting selling pressure hint towards further downside ahead in the short term. Over the last one week, Bitcoin price has lost 20% of its valuation with its price going from above $10,000 to now below $8000 levels. The BTC price is down 3.55 in the last 24 hours making a low of $7836 according to CoinMarketCap. At press time, Bitcoin is trading at $7904 levels with a market $142 billion. In the last one week, Bitcoin…

Tuesday Shows Bloodbath for Altcoins, Up to 34% Losses on Top-20 coins

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Altcoins prices are bleeding heavily, with some of the top-20 coins showing losses of more than 34% on the day. Cryptocurrency market daily overview. Source: Coin360 The last few hours have been nothing but pain for the entire crypto market. Major coins are experiencing double-digit losses, with Bitcoin SV (BSV) taking the not-so-desirable lead with a massive hit of more than 34% on the day. The most popular altcoin Ether (ETH) has dropped over $50 in the last 24 hours to a price point of $156 per coin, recording a heavy…

Trader Fears Bitcoin Price Crash as Crypto Bloodbath Continues

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Bitcoin and the wider crypto market are taking an absolute beating on Thursday. | Source: Shutterstock Following an abrupt drop from $10,277 to $9,700 in the bitcoin price on August 28, the dominant crypto asset has continued to demonstrate weakness in its short term trend. The bitcoin price has dropped by more than $1,000 in the past three days (source: coinmarketcap.com) In the past 12 hours, the bitcoin price has declined from $9,750 to $9,320 across major crypto exchanges including Bitstamp and BitMEX. Alternative crypto assets in the likes of…

Trader Warns Bitcoin Price Dip to $8k as Bloodbath in Crypto Continues

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Bitcoin and the wider crypto market are taking an absolute beating on Thursday. | Source: Shutterstock Following an abrupt drop from $10,277 to $9,700 in the bitcoin price on August 28, the dominant crypto asset has continued to demonstrate weakness in its short term trend. The bitcoin price has dropped by more than $1,000 in the past three days (source: coinmarketcap.com) In the past 12 hours, the bitcoin price has declined from $9,750 to $9,320 across major crypto exchanges including Bitstamp and BitMEX. Alternative crypto assets in the likes of…

Bitcoin’s Pain, Craig Wright’s Gain: BSV Defies Crypto Bloodbath

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By CCN: Is self-proclaimed “bitcoin inventor” Craig Wright crazy? Or is he crazy like a fox? While the bitcoin price is plunging this week, Bitcoin Satoshi Vision — the cryptocurrency championed by Wright — has notched record highs. In fact, BSV is one among a tiny handful of digital currencies whose price is climbing while bitcoin — the original cryptocurrency — is flailing. BSV Climbs While BTC Sinks It’s unclear what’s driving this rally, but BSV has gradually been rising for the past year. Its value now tops $225. For…

Bitcoin’s Pain, Craig Wright’s Gain: BSV Defies Crypto Bloodbath

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By CCN: Is self-proclaimed “bitcoin inventor” Craig Wright crazy? Or is he crazy like a fox? While the bitcoin price is plunging this week, Bitcoin Satoshi Vision — the cryptocurrency championed by Wright — has notched record highs. In fact, BSV is one among a tiny handful of digital currencies whose price is climbing while bitcoin — the original cryptocurrency — is flailing. BSV Climbs While BTC Sinks It’s unclear what’s driving this rally, but BSV has gradually been rising for the past year. Its value now tops $225. For…

EOS Crashes 12%, Becomes Biggest Loser in Monday’s Crypto Bloodbath

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Monday’s crypto bloodbath has weighed disproportionately heavily on EOS, as the fourth-largest cryptocurrency recorded a 12.4% drop against the US dollar – its worst one-day performance since February 24. EOS Price Headlines Crypto Market Decline As of the time of writing, the EOS-to-dollar exchange rate (EOS/USD) was trading at $3.290 on the Yahoo Finance index, up 3.94% from the intraday low. Meanwhile, the daily fluctuation pushed EOS’ market capitalization down to $2.95 billion. On Sunday, the coin’s market cap had peaked near $3.25 billion. On a 24-hour adjusted timeframe, volume…

EOS Crashes 12%, Becomes Biggest Loser in Monday’s Crypto Bloodbath

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Monday’s crypto bloodbath has weighed disproportionately heavily on EOS, as the fourth-largest cryptocurrency recorded a 12.4% drop against the US dollar – its worst one-day performance since February 24. EOS Price Headlines Crypto Market Decline As of the time of writing, the EOS-to-dollar exchange rate (EOS/USD) was trading at $3.290 on the Yahoo Finance index, up 3.94% from the intraday low. Meanwhile, the daily fluctuation pushed EOS’ market capitalization down to $2.95 billion. On Sunday, the coin’s market cap had peaked near $3.25 billion. On a 24-hour adjusted timeframe, volume…