Recently, the $60,000 resistance level has been a key hurdle for buyers despite oversold readings on the charts. So far, support levels remain intact, which could establish a tight trading range between $55,000-$60,000 into the Asian trading day. BTC was trading around $57,800 at press time. Source link … [Read more...] about Bitcoin Declined Below $58K; Support Between $53K-$55K
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Report: Bitcoin (BTC) investment products declined in November
In its latest Digital Asset Management Review, CryptoCompare has reported that in November, alternative crypto-asset investment products, such as Ethereum, Litecoin and Solana have outshined those of Bitcoin ETPs, as they raked in better gains than the flagship digital asset.Bitcoin-based products perform poorly in NovemberThe report observes that the AUM of Grayscale’s … [Read more...] about Report: Bitcoin (BTC) investment products declined in November
Cardano’s price has declined rapidly since the Alonzo upgrade
Ordinarily, when a crypto network sees an upgrade, its price tends to have a positive reaction, like it was seen during the launch of Ethereum’s EIP-1559 when the value of the asset rallied above the $3,000 mark again.However, in the case of Cardano, despite the implementation of its highly anticipated Alonzo upgrade that brought smart contract features to its blockchain, the … [Read more...] about Cardano’s price has declined rapidly since the Alonzo upgrade