Market Analysis

On September 22, Bitcoin briefly dipped below $63,000, signalling potential profit-taking by short-term traders. Analysts suggest that Bitcoin may undergo a brief consolidation phase before making another attempt to…

Bitcoin's price saw a slight dip, on Wednesday, following the release of a key inflation report, which revealed that U.S. consumer prices rose less than anticipated over the past year. According to the Bureau of Labor…

The relief rally for Ethereum (ETH) is likely to encounter selling pressure near the $2,300 level, suggesting that bears are attempting to establish this as a resistance point. On Monday, ETH posted a 2.5% gain as the…

On September 6, Bitcoin broke below its key support range of $55,724 to $73,777, triggering a sharp decline to an intraday low of $49,000, last seen on August 5. The cryptocurrency market experienced a major downturn,…

Ethereum faced significant headwinds in August, marked by weak ETF demand and growing technical concerns, leading to the asset's largest monthly decline in over two years. Within the first 29 days of trading, Ethereum…

The price has been struggling under heavy selling pressure and is on track for a weekly decline of over 9%. Bitcoin has consistently formed lower highs over the past few months, signalling a bearish trend. This puts the…

Bitcoin (BTC) has surged over 9% this week, signalling that bulls are making a strong attempt to drive the price towards the resistance zone between $55,724 and $73,777. On August 23, U.S.-based spot BTC exchange-traded…

The crypto market experienced a boost today, with total market capitalisation increasing by about 1% over the last 24 hours, reaching $2.13 trillion on Aug. 23. This growth includes modest gains in Bitcoin and Ether,…

Ether has been confined within a tight $230 range since August 9th, holding firmly at the $2,550 support level. However, this marks a 20% drop from three weeks ago, when ETH wrapped up July above $3,300. While the…

On August 5th, ETH extended its decline, falling to an eight-month low of just above $2,100. This drop was driven by ETH transfers by Jump Trading, escalating geopolitical tensions, and concerns about the global…