Tag: High

XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correction inevitable?

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XRP price posted a sharp rally against Bitcoin (BTC) on continued optimism about a potential settlement between Ripple, a San Francisco-based blockchain payment firm, and the U.S. Securities and Exchange Commission (SEC). Settlement rumors fuel XRP price boom  On Sep. 23, the XRP/BTC pair surged to 0.00002877 — its best level in 13 months — from 0.00002132, a 35% price rally versus Bitcoin in one day. Meanwhile, the same timeframe saw XRP rising as much as 42% against the U.S. dollar. XRP/BTC and XRP/USD daily price chart. Source: TradingView The big…

XRP Hits 4-Month High, ALGO up 17% on Thursday – Market Updates Bitcoin News

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XRP moved to a fresh four-month high on Thursday, which comes as volatility in the crypto markets eased, following the latest U.S. Federal Open Market Committee meeting. The token rose past a key hurdle in today’s session, hitting its highest point since May. Algorand was another notable mover, with prices climbing by as much as 17%. XRP raced to a four-month high on Thursday, after hovering close to this milestone during yesterday’s session. XRP/USD rose to a high of $0.4461 on Thursday, as prices moved past a resistance point of…

Bitcoin Falls Under High Selling Pressure, What Will Shoot Its Price?

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Bitcoin and other major altcoins have displayed a correlation between macroeconomic factors and virtual currencies. After the August CPI data release, almost all the crypto assets started dropping. The report data showed a higher inflation rate, increasing fear and crashing the prices of cryptocurrencies. The FOMC meeting was scheduled to hold previously. But ahead of the meeting, Bitcoin had been subjected to extreme selling pressure. Investors seem to be afraid of what the outcome of the meeting could mean to the value of the primary cryptocurrency. Bitcoin Value Is On…

XRP Remains Close to 4-Month High, as LTC Rebounds on Wednesday – Market Updates Bitcoin News

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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 prices rebounded following recent losses. XRP continued to trade close to a four-month high on Wednesday, as bullish sentiment remained strong within the token. Following a low of $0.3774 earlier in today’s session, XRP/USD raced to a peak of $0.4215 on hump day. The move comes after the token…

Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high

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Bitcoin (BTC) and Ethereum’s native token, Ether (ETH), started the week on a depressive note as investors braced themselves for a flurry of rate hike decisions from central banks, including the U.S. Federal Reserve and Bank of England. Bitcoin price fails to hold $20,000 On Sept. 19, BTC’s price failed to regain the $20,000 psychological support zone. The BTC/USD pair slipped by 6.5% to around $18,250, while ETH dropped 4% to approximately $1,280. Their gloomy performance came as a part of a broader decline that started in mid-August, wherein BTC…

LUNC up 20% on Saturday, XRP Moves Towards 1-Week High – Market Updates Bitcoin News

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Terra classic rose by as much as 20% in today’s session, which comes following a recent bearish streak. Today’s rally follows Thursday’s drop to a key support point, with bulls using this as an ideal area to reenter. Xrp was also higher, as it moved closer to a long-term resistance level. Terra Classic (LUNC) Terra classic (LUNC) was one of the most notable gainers on Saturday, as the token rose by nearly 20% to start the weekend. Following a low of $0.0002671 on Friday, LUNC/USD rose to an intraday peak…

ATOM Moves Closer to 4-Month High, LINK Also Higher – Market Updates Bitcoin News

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Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session. Cosmos (ATOM) Cosmos (ATOM) continued to trade higher on Friday, as the token moved closer to a multi-month high. ATOM/USD rose to an intraday high of $16.25 in today’s session, pushing prices above a key resistance level in the process. The aforementioned ceiling…

AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data

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AVAX had time to recoup from June to July and then in August, the token slipped and formed a bullish cup and handle pattern. AVAX intraday trading volume indicates a 38.7% plunge Avalanche sellers successfully reclaimes the 20-day EMA slope Trading volume skyrockets to 487 million Now, the pattern which can be spotted at the market bottom will serve as a feasible launchpad for the crypto’s recovery but in order to complete the pattern, the coin price should barrel past the $30.6 key resistance. With the reversal of the V-top…

LEO Hits 1-Week High, ATOM Rebounds From Recent Declines – Market Updates Bitcoin News

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UNUS SED LEO rose to a one-week high on Thursday, as prices rebounded following a three-day losing streak. Another token which rebounded in today’s session was cosmos, which climbed higher following five straight days of declines. Overall, crypto markets are down 1.09% as of writing. UNUS SED LEO (LEO) UNUS SED LEO (LEO) rebounded on Thursday, following three straight days of lower lows. Following a bottom of $4.73 on Wednesday, LEO/USD rallied to an intraday peak of $5.23 in today’s session. However, Thursday’s rally came as LEO bulls pushed prices…

High Bid on NFT of Ethereum’s Final PoW Block Is Just One-Third What Creators Paid to Mint It

VanityBlocks, a relatively new NFT collection, paid some 30 ether, or just over $48,000, in fees to crypto miner F2Pool, which mined the final transaction, to mint the NFT, paying some 1.3 ether as transaction fees. However, the NFT had received just three bids as of Thursday at roughly 15:00 UTC, with the highest bidder, OpenSea user “lossy-eth,” offering just 10 ether. Lossy’s bid was about five times that offered by Nostalgia_NFT, which bid just 2 ether. Meanwhile, “cryptogle” bid just 0.5 ether. All three bids are currently active on…