Bitcoin, Ethereum Technical Analysis: ETH Rebounds, Climbing to Over $1,600 on Friday

Ethereum was back in the green on Friday, as bulls returned to action following yesterday’s selloff. Crypto markets set aside concerns over Tesla’s bitcoin sale, extending this week’s rally in the process. Bitcoin was also up in today’s session, as it headed back towards $24,000. Bitcoin Bitcoin (BTC) prices rose on Friday, as markets rebounded … Read more

Bitcoin Price Holds Above $23K While Ethereum Price Surges Past $1,600

After a brief market correction last night, cryptocurrency markets continue to perform well, with Bitcoin’s price managing to return above the $23k levels, while Ethereum’s price is gaining dominance, surging past $1,600. With Ethereum’s market cap approaching $200 billion compared to Bitcoin’s $451 billion, ETH could soon reach 50% dominance compared to BTC, signaling a … Read more

Bitcoin Price Retreats to $22K After Peaking at $24K

The recent bull run for cryptocurrency markets is slowing down as Bitcoin’s price retreats to $22k after peaking at $24k on July 20th. The global crypto market cap is down by 4% but remains well above the $1 trillion market, with a current valuation of $1.03 trillion. Ethereum’s price is also down 6% but remains … Read more

Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets

During the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entities hold approximately 1,325,396 bitcoins worth $27.84 billion today. However, the number of coins stored in bitcoin treasuries has dropped since June 5, 2021, by approximately … Read more