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Tag Archives: Losses

Price Holding Losses, Eyes Recovery as Dollar Slides

Twitter Facebook LinkedIn The bitcoin price on Friday plunged 0.85 percent against the US dollar, now trading at 5528-fiat. Bitcoin Price Seeks to Claw Back Lost Ground The digital currency has had a shocking week so far, with its value losing almost $1,200 within just five days. Not only bitcoin, but the entire cryptocurrency market also had to “bear” losses worth ...

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BTC/USD Prices Steady but Further Losses Expected

Latest Bitcoin News In the midst of a severe market slump that has seen Bitcoin slide more than 80 percent from 2017 peaks, Zhao Changpeng is pretty optimistic about crypto. We must note that the fall of Bitcoin has dragged altcoins to new levels with some dropping by as much as 95 percent from their 2017 highs. Nonetheless, Binance is ...

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Cardano Price Analysis: ADA/USD Could Resume Losses Below $0.062

Key Highlights ADA price fell sharply and traded below the $0.0700 and $0.065 supports against the US Dollar (tethered). There is a key bearish trend line formed with resistance at $0.0640 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to decline once again if sellers push the price below the $0.0620 support. ...

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After Yesterday’s Bloodbath, Losses Continue for Major Cryptos, XRP Overtakes Ethereum

Thursday, Nov. 15: yesterday’s fall in crypto markets continues today, with Bitcoin (BTC) dipping below the $5,400 mark, and total market capitalization dropping as low as $174 billion, according to data from CoinMarketCap. After an extended period of low price volatility, crypto markets experienced a massive decline yesterday, Nov. 14, with Bitcoin dropping from its average trading price of around ...

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Fork Drama Sends Cryptocurrency Markets Spiraling Past Double Digit Losses

The first major contentious Bitcoin hard fork, Bitcoin Cash, which took place just over a year ago, had a massive positive impact on the global market capitalization of cryptocurrency. Bitcoin Cash is now undergoing a contentious fork of its own, but market reception has been far different. Everything is tanking with the fork event just hours away. The days leading up to ...

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Ethereum Price Analysis: ETH/USD Extends Losses, $200 Holds Key

Key Highlights ETH price declined further and broke the important $206 support against the US Dollar. This week’s followed key bearish trend line is still in place with resistance at $208 on the hourly chart of ETH/USD (data feed via Kraken). The pair is under pressure below $208 and $206, which could result in more losses in the near term. ...

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Crypto Markets See Ongoing Mild Losses, Bitcoin Trades Below $6,400

  Friday, Nov. 9: crypto markets are continuing to see downward momentum, with virtually all of the major cryptocurrencies at least mildly in the red, as data from Coin360 shows. Market visualization by Coin360 Bitcoin (BTC) is down just over 1 percent, trading around $6,340 at press time. After a period of protracted stability, the top coin has seen a ...

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ADA/USD Leads the Revival as LTC/USD Reverse Oct 29 Losses

After days of lower lows and horizontal consolidation, altcoins are ending the week on a high. ADA/USD is up three percent in the day and could breach key price levels over the weekend. At the same time, LTC/USD bulls did manage to reverse Oct 29 losses while EOS/USD prices could race to $7 if today close higher igniting buys. Let’s ...

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