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Tag: Rally
Crypto Market Rally Stopped Short Ahead Of Reaching Full-Blown Greed
Data shows the crypto market sentiment almost entered into the greed territory before the latest rally came to an end. Crypto Fear And Greed Index Shows Investors Are Fearful Right Now According to the latest weekly report from Arcane Research, the market sentiment is currently just floating above the extreme fear region. The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the crypto market. The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. When…
APE Extends Rally, HNT Recovers Following Recent Losses – Market Updates Bitcoin News
Apecoin rose for a fourth consecutive session on Wednesday, as prices of the token climbed by as much as 5%. Today’s surge sees the token move to its highest level since last Friday. Helium was another notable gainer on hump day, rising by as much as 14% earlier in the day. Apecoin (APE) Apecoin (APE) was one of Wednesday’s big movers, as prices of the token rose for a fourth consecutive session. Wednesday saw APE/USD rally to an intraday peak of $5.50, less than a day after trading at a…
Bitcoin Retail Volumes Show Weakness In Rally
The decline in the price of bitcoin following the rally has unearthed some underlying weaknesses that were not easily seen before. The run-up and eventual rundown from $25,000 have shown that retail investors are not as moved by the market as expected. Even now, transaction volumes for retail investors remain muted, indicating that the burnout from the rally was actually a result of low bullish sentiment. Bitcoin Retail Volume Remains Low In a recent report, Glassnode points to the low retail volume as an indicator of the weakness of the…
What crashed the crypto relief rally?
On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss some of the main factors that contributed to the collapse of this bear market rally. To kick things off, we broke down the latest news in the markets this week Bitcoin (BTC) to lose $21K despite miners’ capitulation exit? Five things to know in Bitcoin this week. Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve event in Jackson Hole. After dipping below $21,000 over the weekend, the largest cryptocurrency…
Bitcoin Cash BCH Sparks Light Of Hope, Can It Rally To $200 Resistance?
The price of Bitcoin Cash (BCH) has sparked a glimpse of hope against Tether (USDT) as it attempts to flip key resistance with eyes set on $200. The price of Bitcoin Cash in recent weeks has been more gloomy as many altcoins rallied and produced gains of double digits while BCH continues to range. (Data from Binance) Bitcoin Cash (BCH) Price Analysis On The Weekly Chart Weekly BCH Price Chart | Source: BCHUSDT On Tradingview.com From the chart, the price of BCH saw a weekly low of $112, which bounced…
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The European stock markets and the United States equities markets are both deep in the red on Aug. 22 as investors fear that aggressive rate hikes may not be off the table. Another thing keeping investors nervous could be the upcoming Jackson Hole economic symposium, which is scheduled to begin on Aug. 25. Investors are concerned that Federal Reserve chairman Jerome Powell could further elaborate on the Fed’s hawkish stance and plans for future interest rate hikes. This macro uncertainty has kept the institutional investors away from the crypto markets.…
FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report
The bulk of FTX’s revenue comes from derivatives trading, while about 16% came from crypto spot trading in 2021, according to CNBC. The report also noted that less than 5% of FTX’s total revenue came from its U.S. business in 2021, and that FTX spent approximately 15% of its 2021 revenues on sales and marketing. Source
Why Is The Crypto Market Pumping? Is This Bitcoin Rally The “Real One”? [Aave, Solana, Celsius]
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:28 – Bitcoin & Ethereum RALLY! (Biggest gains in crypto) 0:45 – Is this rally “the real one”? 1:54 – Bitcoin has transferred $17.78T in 2022 already. (Smashing 2021 record). 2:22 – Solana and Avalanche Enter New Uptrend 3:00 – Do you like Veracity VRA? It’s doing well. 3:30 – Why is…
Bitcoin Corrects 17%, But Market Expects Fresh Rally Report Says
Bitcoin has been trading in the red over the past few days and seems on track for further losses over the short term. The cryptocurrency gave back a large portion of its profits since the start of August and could re-test support at around $20,000. At the time of writing, Bitcoin (BTC) trades at $21,200 with sideways movement over the past 24 hours and a 13% correction over the past week. Market participants are keenly watching these levels, as the entire crypto market might be hanging by a thread. BTC’s…