Ethereum’s native token, Ether (ETH), has been declining against its top crypto rival, Bitcoin (BTC), since Sept. 3.Ether dropped in value against Bitcoin by almost 25% after topping out in September at 0.07955 BTC. As the top altcoin declined, it left behind a trail of lower highs and lower lows, thus forming a descending channel.Later, ETH/BTC broke the channel to the upside … [Read more...] about Ethereum eyes rally against Bitcoin, with ETH price showing hidden bullish divergence
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3 altcoins showing signs of accumulation, while Bitcoin price is down
Crypto markets faced another day of struggle on Thursday as the price of Bitcoin (BTC) dropped to its “final support zone” near $31,000, which prompted traders to issue dire predictions about the future should bulls fail to hold this level. Despite the struggles facing the crypto market at large, relatively obscure altcoins such as Aavegotchi (GHST), Centric Cash (CNS) and … [Read more...] about 3 altcoins showing signs of accumulation, while Bitcoin price is down
JPMorgan says Bitcoin is showing ‘weakness’ as fund inflows fall
Analysts at US bank JPMorgan say the Bitcoin (BTC) market is showing signs of weakness, as per a report on financial news outlet Bloomberg.The asset endured a nearly 10% drop over the weekend in a move that saw $10 billion in liquidations across the entire crypto market, of which $5 billion originated from Bitcoin trades alone.Fund inflows looking ‘weak’Nikolaos Panigirtzoglou, … [Read more...] about JPMorgan says Bitcoin is showing ‘weakness’ as fund inflows fall