Bitcoin, Ether, and XRP Weekly Market Update November 18, 2019

The total crypto market cap lost $5.7 billion of its value during the last seven days which now at time of writing stands at $234.5 billion. The top 10 currencies are all in the red for the same time frame with Bitcoin Cash (BCH) and Stellar (XLM) being the worst performers, each losing 10 and 9.8 percent respectively. At the time of writing bitcoin (BTC) is trading at $8,468 while ether (ETH) stands around $183. Ripple’s XRP is trading at $0.259. BTC/USD Bitcoin climbed above the $9,000 mark on Sunday,…

Crypto Market Heading Northwards, Bitcoin Price Sits Calm at $8600 Levels

After a poor drag down last week, the overall cryptocurrency market is showing signs of mild recovery today. While the crypto markets are eyeing a northward journey, Bitcoin still looks hesitant to take the lead. Last week, Bitcoin took a hit as the BTC price first slipped below $9000 and later even below its crucial support at $8700. Now, at press time, Bitcoin is trading at $8641.61 with a market cap of $156 billion. While Bitcoin has been showing a mild response to the market recovery, some of the altcoins…

Crypto Market And Bitcoin Might Decline Further: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is following a bearish pattern below the $230.0B level. Bitcoin price is facing an increase in selling pressure below $8,600 and $8,500. EOS price is currently struggling to stay above the key $3.350 support area. BCH price extended decline and broke the $280 and $265 support levels. Tron (TRX) price is currently trading near the key $0.0185 support area. Cardano (ADA) price is showing positive signs above the $0.0420 support. Bitcoin and the crypto market cap are currently declining. Ethereum (ETH), EOS, Tron (TRX), BCH,…

Ether (ETH) Looks to Break Nearly 2-Year Bear Market Against Bitcoin

This past week, Bitcoin (BTC) price had many investors biting their nails as the top crypto asset turned bearish and is currently fighting to stay above crucial support at $8,300.  Meanwhile, altcoin investors are growing increasingly bullish sentiment wise and a number of lesser-known altcoins rallied impressively throughout the week. Ether price (ETH) is also heating up and the ETH/BTC pair is continuing to flash bullish signals.  Crypto market data daily view. Source: Coin360 The Nov. 15 drop from $186.59 brought Ether price below the ascending trendline and below the…

These 4 Facts Show How ‘Boring’ Bitcoin Is Crushing the Stock Market

Analytics company Blockforce Capital published the October edition of its in-depth crypto markets overview on Nov. 11. Packed with information, the report provides a surplus of data on the overall state of the cryptocurrency markets, noting that Bitcoin (BTC) still outpacing traditional markets. Bitcoin gets boring in November but… November has thus far been rather uneventful if not boring with regards to price action. However, Bitcoin has had an eventful October. Last month started off slow but ended with Bitcoin skyrocketing from $7,300 to $10,500.  Shortly after, the asset quickly…

Crypto Market And Bitcoin Bearish Continuation: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is currently declining and it could test $220.0B support. Bitcoin price is under pressure and it is likely to break the $8,500 support area. EOS price is now trading near the $3.350 support area and showing bearish signs. BCH price failed to stay above the key $280 support and extended its decline. Tron (TRX) price is down more than 4% and it is approaching the $0.0185 support area. Cardano (ADA) price is now trading near the key $0.0420 support area. Bitcoin and the crypto market…

Bitcoin and Ether Market Update: November 14, 2019

Total crypto market cap lost $6.8 billion to its value since Monday, November 11 and now stands at $239.6 billion. Top ten coins are mostly in red for the last 24 hours with Bitcoin Cash (BCH) and Bitcoin SV (BSV) loosing 3 and 3.8 percent respectively. At the time of writing bitcoin (BTC) is trading at $8,675 on the Bitstamp daily chart, while ether (ETH) stands at $185 and Ripple’s XRP moved down to $0.269. BTC/USD Bitcoin climbed above the $9,000 mark on Sunday, November 10 and ended the session…

Crypto Market & Bitcoin Remains At Risk: LTC, BNB, BCH, TRX Analysis

The total crypto market cap is likely forming a bearish pattern below the $240.0B resistance. Bitcoin price is currently consolidating below the $8,880 and $9,000 resistance levels. Binance coin (BNB) price is up more than 2% and it recently broke the $21.00 resistance. Litecoin (LTC) price is slowly moving lower towards the $60.50 support area. BCH price is struggling to hold the key $285 and $280 support levels. Tron (TRX) price is gaining momentum and is trading above the $0.0200 resistance. Bitcoin (BTC) and the crypto market cap are still…

HSBC, SGX and Temasek Explore Distributed Ledger Tech in Asian Bond Market

Global banking giant HSBC will explore the use of blockchain for the issuance of fixed income securities in a joint trial with Singapore Exchange (SGX) and investment firm Temasek.  Focused on the Asia bond markets, the trial intends to streamline the bond issuance process and reduce associated costs by applying tokenized securities and smart contracts, HSBC Singapore announced Nov. 13. While Asia’s fixed income markets continue to grow, bond issuance and servicing processes remain inefficient, according to HSBC. This is purportedly due to the absence of a single platform for…