Crypto Market & Bitcoin Rebounding: BCH, Litecoin, TRX, XLM Analysis

The total crypto market cap bounced back sharply after testing the $245.0B support area. Bitcoin price is back above the $10,000 and $10,100 levels, with positive signs. Litecoin (LTC) price is showing positive signs and it could soon revisit the $80.00 resistance. BCH price is gaining pace and it could rise towards the $325 and $340 resistance levels. Tron (TRX) price settled above the $0.0170 level and it could continue to climb higher. Stellar (XLM) price surged recently and it is likely to march towards the $0.0850 level. The crypto…

Crypto Insurance Market to Get Boost in Coming Years

Around a decade ago, something called crypto insurance would have drawn puzzlement from everyone. The creation of crypto exchanges made it possible for millions of people all over the world to buy crypto tokens with ease. Key Analysis However, the creation of exchanges also drew the attention of hackers, who have, over the years, made away with billions of dollars worth of cryptocurrencies. It is something that has dogged crypto exchanges for many years, and it seems that some of the world’s biggest insurers have finally come up with a…

Crypto Market Cap And Bitcoin Gaining Pace: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is climbing higher and it may soon break the $265.0B resistance. Bitcoin price is now trading nicely above the $10,600 level, with a positive angle. EOS price is currently consolidating near the $3.300 level. Binance Coin (BNB) is gaining momentum and is currently trading above the $22.25 level. BCH price may soon make another attempt to surpass the $300 and $305 resistance levels. Tron (TRX) price is extending losses and it recently broke the key $0.0150 support area. Bitcoin (BTC), binance coin (BNB) and the…

Bitcoin Market Turns Indecisive After Price Rally Stalls Around $10.6K

View Bitcoin created a “spinning-top” candle on Wednesday, pouring cold water over the optimism generated by the triangle breakout witnessed earlier this week. The spinning top has made today’s UTC close pivotal. A close above Wednesday’s high of $10,834 is needed for the continuation of the recent rally. A UTC close below the spinning top’s low of $10,378 would shift risk in favor of deeper losses below $10,000. A bearish daily close shouldn’t be ruled out, as the spinning top represents buyer exhaustion. The bitcoin (BTC) market is looking indecisive,…

Bitcoin’s Total Share of Crypto Market Now Highest Since March 2017

View Bitcoin’s price recovery from the Aug. 29 low of $9,320 is backed by an uptick in the dominance rate to 30-month highs. Weak trading volumes, however, indicate the recovery could be short-lived and a fall back to $9,750 could be in the offing in the next day or two. Weekly chart indicators continue to call a bearish move. A high-volume UTC close above the bearish lower high of $10,956 (Aug. 20 high) is needed to revive the short-term bullish outlook. A weekly close (Sunday, UTC) above $12,000 is needed…

Global Stock Markets’ Aghast August Dumped 17x Bitcoin’s Market Cap – CCN Markets

A brutal August makes a notable setback for markets home and abroad. | Source: Shutterstock By CCN Markets: August was a brutal month for investors across the world. Global stock markets shed $3 trillion as a dirty cocktail of recession warnings and trade war escalation rocked the markets. To put that into perspective, $3 trillion is 17 times larger than the entire market capitalization of bitcoin, all wiped out in a month. It’s a reminder that bitcoin’s market cap is still a drop in the ocean. A tiny, nascent asset…

Crypto Market & Bitcoin Extended Losses: BCH, EOS, TRX, ADA Analysis

The total crypto market cap extended its decline below the $240.0B support area. Bitcoin price is under a lot of pressure and it even broke the $9,500 support area. EOS price is slowly moving lower towards the $3.100 and $3.000 support levels. BCH price broke the $280 support and it seems to be moving lower towards the $270 level. Tron (TRX) price is still holding the key $0.0150 support area and is consolidating losses. Cardano (ADA) price is facing an uphill task and it may decline further to $0.0420. Bitcoin…

Infographic: Bitcoin’s Market Cap in Perspective

Bitcoin has always been the leading cryptocurrency in market capitalization — the total value of its circulating supply in dollars — by a wide margin. But how does bitcoin’s market cap compare to the rest of the world’s markets and assets? As this infographic illustrates, bitcoin’s market cap is dwarfed by traditional asset classes. It is much smaller than other stores of value like gold and the global real estate market. Vastly more money has been invested in Silicon Valley. And bitcoin is similarly overshadowed by the gross domestic products of…

Crypto Market & Bitcoin Extending Losses: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap is following a bearish path below the $265.0B and $270.0B resistances. Bitcoin price failed to break the $10,500 resistance and is currently under a lot pressure. Litecoin (LTC) price is trading with a bearish bias below the $75.00 support area. BCH price is at a risk of a downside break below the $305 and $300 support levels. Tron (TRX) price is consolidating losses below the key $0.0180 and $0.0185 resistance levels. Cardano (ADA) price is following a bearish path below the $0.0520 and $0.0500 supports.…

Crypto Market And Bitcoin Approaching Resistance: ETC, BCH, EOS, TRX Analysis

The total crypto market cap is currently correcting higher towards the $268.0-$270.0B resistance. Bitcoin price is also approaching towards a major resistance near the $10,200 and $10,250 levels. EOS price recovered more than 5% and it is now trading near the $3.650 resistance. Ethereum Classic price rallied close to 20% and broke the $7.00 resistance area. BCH price is back above $305, but it is facing many hurdles on the upside near $320. Tron (TRX) price is up around 8% and is approaching the $0.0185 resistance area. Bitcoin (BTC) and…