Momentum in the cryptocurrency market is back on the rise on Nov. 8 after a solid rally from Bitcoin (BTC) placed its price back above $66,000 and Ether (ETH) hit a new all-time high at $4,793. The gains from the largest two cryptocurrencies helped to kick-start a market-wide rally that lifted the total cryptocurrency market cap above $3 trillion for the first time. Unlike … [Read more...] about DeFi tokens see double-digit gains as Ethereum and Bitcoin chase new highs
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$3.72 billion liquidated as cryptos fall by double-digit percentages
Crypto traders woke up to $3.7 billion in liquidations today as the market saw a deep pullback, data from markets tool Bybt shows.$3.72B and 341,347 traders were liquidated in 24h.Never a dull day in crypto. pic.twitter.com/bWdBi0sj2u— Lex Moskovski (@mskvsk) May 13, 2021The dump came shortly after Ethereum creator Vitalik Buterin dumped his ‘petcoins’ and Tesla discontinued … [Read more...] about $3.72 billion liquidated as cryptos fall by double-digit percentages
Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K
Another wave of selling pressure hit the cryptocurrency market on Feb. 23 as Bitcoin struggles to reclaim the $49,000 level.Data from Cointelegraph Markets and TradingView shows that Bitcoin fell under intense pressure in the early trading hours on Tuesday and this pushed the price of BTC as low as $44,927 before buyers arrived to stop the descent.The majority of altcoins and … [Read more...] about Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K