Bitcoin Price Sinks to New Yearly Low as Sell-Off Batters Crypto Markets

Twitter Facebook LinkedIn The crypto market’s extended stable action took its last breath on Wednesday as the bitcoin price dipped to a new yearly low at 5280-fiat. The BTC/USD index fell more than 12 percent ahead of the US trading session, now trading at 5439-fiat on Coinbase. The pair was trading comfortably inside a narrow trading range since September, leading many to believe that it had established a bottom around 6000-fiat. The latest selling action brought BTC/USD to its weakest mark since October 2017. The bitcoin flash-crash cannot be fit…

Ripple, Monero, NEM See Solid Growth Amid Calm, Mostly Green Markets

Monday, Nov. 12: crypto markets are seeing a wave of stability, with most major assets seeing low-level fluctuations both red and green, with just a few exceptions, as data from Coin360 shows. Market visualization. Source: Coin360 Bitcoin (BTC) is up around 0.85 percent, trading around $6,354 at press time. After a period of protracted stability, the top coin saw a recent spate of downwards momentum and has been trading beneath $6,400 for the past several days. After an intra-week low of $6,307 yesterday, Nov. 11, Bitcoin has stemmed its losses…

Crypto Markets See Mixed Signals While BCH and XLM Grow Significantly

Saturday, Nov. 3: crypto markets have seen mixed signals over the day, with most of the top 20 cryptocurrencies by market cap experiencing. slight fluctuations. Bitcoin Cash (BCH) and Stellar (XLM) are seeing significant gains on the day of more than 3.5 percent, according to CoinMarketCap. Market visualization from Coin360 Following a slight price rebound, Bitcoin (BTC) has failed to foothold the $6,400 price point today. The major cryptocurrency is down around 0.4 percent over the past 24 hours and is trading at around $6,348 at press time. The intraday…

Bitcoin Shows New Resilience as Markets Shake off Futures Settlement

Bitcoin futures may have expired, but even that failed to produce volatility in cryptocurrency as markets remained flat Saturday, Oct. 27. Market visualization from Coin360 Data from CoinMarketCap and Coin360 confirm that the end of the trading week – and with it the payment date for CME Group’s Bitcoin futures – had essentially no effect on either Bitcoin (BTC) or altcoin prices. The behavior marks a stark contrast from just several months ago, with impending futures previously sparking losses in the run-up to their settlement date. On Friday, Cointelegraph had…

Crypto Markets Keep Trading Sideways, Remaining Relatively Stable Over the Past 10 Days

Wednesday, Oct. 24: crypto markets have continued trading sideways today, remaining relatively stable over the past 10 days, according market capitalization data from CoinMarketCap. Most of top 20 cryptocurrencies by market cap have seen insignificant fluctuations over the past 24 hours, with many slightly in the green. Market visualization from Coin360 Bitcoin (BTC) is slightly up by 0.24 percent over the past 24 hours, trading at $6,490.90 at press time. The major cryptocurrency has seen little volatility over the day, with its price surging to as high as $6,521, following…

Crypto Markets See Little Movement, Bitcoin Continues to Trade Just Below $6,500

Saturday, Oct. 20: Crypto markets are seeing little momentum, with virtually all of the major cryptocurrencies seeing slight growth and losses between a 1-2 percent range, as Coin360 data shows. Market visualization by Coin360 Tether (USDT) has mostly settled back in to its characteristic trading pattern. Having briefly lost its U.S. dollar peg last week, the asset has since reclaimed its historical trading range close to a 1:1 ratio to the greenback. Today the stalwart stablecoin has seen an almost 1 percent drop to trade at $0.979. Bitcoin (BTC) is…

Crypto Markets Continue to See Low Volatility, With Scant Few Coins Budging in Price

Thursday, Oct. 18: Crypto markets are seeing continued stability, with few of the major cryptocurrencies budging in price, as Coin360 data shows. Market visualization by Coin360 Meanwhile, Tether (USDT) has seen marked movement for a “stablecoin.” Having slipped from its U.S. dollar peg to trade well below its historical price range last week, the asset has today seen around 0.7 percent growth as it stakes an attempted recovery. Bitcoin (BTC) is trading at $6,545 at press time, seeing negligible price change on the day according to CoinMarketCap. Despite a short-lived…

Markets Trade Sideways, Bitcoin Touches $6,600 Earlier Today

Tuesday, Oct. 9: Crypto markets keep trading sideways, with almost all top 20 coins by market cap in the red after seeing some growth yesterday. Market visualization from Coin360 Bitcoin (BTC) is slightly down around 0.3 percent today, trading at $6,627 at press time. During the day, the major cryptocurrency dipped two dollars below the $6,600 threshold, and the intraday high amounted to $6,669. While markets continues to fluctuate in a mostly stagnant manner, Bitcoin is holding around 2 percent of weekly gains, as well as 5 percent gains over…

Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry

Saturday, Oct. 6: crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated Bitcoin ETF decisions. CNBC’s CryptoTrader host Ran Neuner commented on Twitter today that all of this week’s “good news” – such as retail brokerage firm TD Ameritrade and Ivy League U.S. university Yale moving into crypto – are “related to investment & speculation.”  Neuner suggested that perhaps such news was not moving the market because the market is…

Crypto Markets See Mix of Red and Green, With Half of Top 100 Coins Slightly Up

Sunday, September 30: crypto markets are seeing a mix of red and green today. A little more than half of the top 100 cryptocurrencies have grown in the 24 hours to press time. The daily trade volume has declined, seeing a relatively sharp drop from around $15 billion yesterday to $13.8 billion at press time. Market visualization from Coin360 Bitcoin (BTC) has been hovering around $6,600 for most of the day, with an intraday low of $6,561 and a high of $6,640. At press time, Bitcoin is trading at $6,632,…