CRYPTO NEWS - Market is slow and going down BTC price at 38 5K ETH BNB are Following
CRYPTO NEWS - Market is slow and going down BTC price at 38 5K ETH BNB are Following
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
09:53 Outro
Bitcoin has remained relatively calm after the recent rollercoasters and sits below $39,000. Most altcoins are also in a similar position, with little-to-no decisive moves in either direction. Aside from ALGO, which soared by double digits, Terra and Avalanche are a few other coins with slight gains.
Bitcoin Stalls Below $39K
The past several days were rather intense for the primary cryptocurrency as the asset failed at $41,000 on April 26 and headed straight south. In just hours, it lost nearly $3,000 and fell below $38,000.
Despite reacting well to this price drop initially and surging to above $40,000 once more, BTC was once again stopped in its tracks. As a result, it dropped to a two-month low a few days later at just over $37,000.
The bulls tried to initiate a recovery session, which drove BTC to about $39,000, as reported yesterday. However, bitcoin failed to overcome that level and now sits under it.
Consequently, its market capitalization remains well below $750 billion, but its dominance over the alts is just over 42%.
#cryptocurrency #cryptomarket #bitcoin
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
09:53 Outro
Bitcoin has remained relatively calm after the recent rollercoasters and sits below $39,000. Most altcoins are also in a similar position, with little-to-no decisive moves in either direction. Aside from ALGO, which soared by double digits, Terra and Avalanche are a few other coins with slight gains.
Bitcoin Stalls Below $39K
The past several days were rather intense for the primary cryptocurrency as the asset failed at $41,000 on April 26 and headed straight south. In just hours, it lost nearly $3,000 and fell below $38,000.
Despite reacting well to this price drop initially and surging to above $40,000 once more, BTC was once again stopped in its tracks. As a result, it dropped to a two-month low a few days later at just over $37,000.
The bulls tried to initiate a recovery session, which drove BTC to about $39,000, as reported yesterday. However, bitcoin failed to overcome that level and now sits under it.
Consequently, its market capitalization remains well below $750 billion, but its dominance over the alts is just over 42%.
#cryptocurrency #cryptomarket #bitcoin
