Ethereum was modestly up and hovering around the $1,900 level, while Bitcoin was trading in the negative as the largest cryptocurrency dipped slightly lower, less than 0.5 percent, below 35,000 levels.

Following the Fed’s dovish comments, Bitcoin and other cryptocurrency tokens maintained their bullish momentum on Thursday, as the oldest cryptocurrency asset reached a 17-month high. Following the one-year anniversary of Sam Bankman-Fried’s cryptocurrency empire, FTX exchange, cryptocurrency tokens saw significant gains.

With the largest cryptocurrency token moving slightly lower—less than 0.5 percent—but staying below the 35,000 levels, Bitcoin was trading in the red. But Ethereum, its biggest rival, was also seen in green, moving little higher and staying close to the $1,900 mark. The majority of altcoins were seeing respectable gains in trade.

For the past day, the price of bitcoin has only moved by less than 2% in a relatively small range. It has been nearly two weeks at this point. Even while this indicates that global Bitcoin volume has begun to somewhat decline, any change in price should indicate that global volume has resumed.

The ETH/BTC pair has appeared to find some support at the 0.05 BTC per ETH mark, despite the fact that BTC has been climbing for the past several weeks. Other well-known altcoins have also benefited from the slight recovery in terms of showing some upward momentum in price movement.

However, over the past day, the price of altcoin BLUR (+18.1%) has moved in the right direction. This may be due to investor speculation that it is the largest NFT marketplace in the world based on trade volume, particularly in light of Opensea’s recent 50% staff layoffs.

Tuesday saw a strong increase in the price of all major cryptocurrency tokens, with very few exceptions. Toncoin increased by more than 5%, while Chainlink had a 6% increase. Cardano and BNB gained more than three percent apiece, while Dogecoin and Polygon increased by four percent each. Tron saw a 1% decline among the lagging parties.

The market capitalization of all cryptocurrencies worldwide was trading slightly higher, reaching the $1.33 trillion level after increasing slightly over the previous day. To $40.46 billion, the total trading volumes did, however, rise by more than 6%.

Over the past day, altcoins had a 5–10% increase, while BTC and ETH were stable. Alongside this, the dominance of BTC decreased. While Ethereum still needs to overcome a big barrier level at about $2,000, Bitcoin is currently positioned between important support at $34,000 and resistance at $36,000.

The price of Bitcoin (BTC) exhibits many sell indications on a daily basis. On-chain measurements are also displaying widespread profit-taking, which exacerbates its problems. Although the surge in value of Bitcoin caused by the possible approval of an ETF has helped the cryptocurrency so far, its rejection might potentially cause it to decline.

News on Bitcoin ETFs is critical to the current upswing.

For the past few years, the approval of a Bitcoin spot Exchange-Traded Fund (ETF) has been viewed as speculative. However, the advancements around ETFs have accelerated recently. Following the loss of several cryptocurrency lawsuits, the US Securities and Exchange Commission (SEC), which licences or disapproves the ETF products, has found itself in a precarious position.

The SEC’s loss in Grayscale’s lawsuit about the conversion of the GBTC product into a spot ETF offering and other developments pertaining to ETFs were the primary causes of the initial spike in the price of Bitcoin, which began in mid-October. However, Bitcoin has been trending sideways as there have been no updates.

Notwithstanding, the next significant deadline for the ETF decision is January 2024, which will see a fresh peak in the speculative Bitcoin trading frenzy. The crypto industry will be made or broken by this event. Investors should be ready for a regression up until that point, though, given that the price of Bitcoin has been emitting several sell signals.

The price of bitcoin might drop soon

Between October 16 and 24, the price of bitcoin (BTC) increased by 30%, setting a new local high at $35,280. This move had tremendous bullish momentum, which made it spectacular. However, BTC has been trending sideways since the formation of its swing high. The daily candlestick closures have generated an upward slope since October 25, which to the untrained eye would appear bullish. Upon closer inspection, the Relative Strength Index (RSI) exhibits a declining slope. Bearish divergence is the term for this non-conformity, which frequently signals a retreat or correction.

The first significant sell signal that investors should be aware of is this one.

The Momentum Reversal Indicator (MRI) has flashed two sell signals in addition to the bearish divergence. On October 23, following the daily candlestick closure, the first sell signal was presented as a red downward arrow. The MRI has displayed another red down arrow nine days later. This indicator suggests a falling one to four candlestick pattern.

Investors may therefore witness a decline in the price of Bitcoin. Important support levels to keep an eye on are the Fair Value Gap (FVG) region, which spans from $30,248 to $32,832 and has a midpoint at $31,540.

Quick analysis of cryptocurrency prices on November 2: The value of the worldwide market grew to $1.31 trillion.

Early on Wednesday, Bitcoin (BTC) exceeded $35,000 as the market as a whole saw a 74 (greed) “Fear & Greed Index,” according to CoinMarketCap. Notable increases were observed in all popular altcoins, including as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), and Litecoin (LTC). With a 24-hour surge of more than 17 percent, Solana (SOL) went on to become the top gainer. However, Maker (MKR), which had a decline of about 2 percent in a single day, emerged as the largest loser.

At the time of writing, the value of the entire cryptocurrency market was $1.31 trillion, an increase of 2.67 percent in a day.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the price of one bitcoin was $35,614.53, up 3.21 percent over the previous day. As to the Indian exchange WazirX, the current value of Bitcoin was Rs 30.30 lakh.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $1,863.53, a 2.55 percent increase in just one day. Ethereum’s price in India was Rs 1.60 lakh, according to WazirX.

Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE saw a 2.58 percent 24-hour gain, with a current price of $0.06969. The price of Dogecoin in India was Rs 5.97, according to WazirX.

Litecoin (LTC) Price Today
Litecoin gained 1.89 percent in a day. As of writing, its trade value was $70.18. The cost of LTC was Rs 5,902.17 in India.

Ripple (XRP) Price Today
The price of XRP was $0.6107 after rising 2.53 percent in a day. The price of ripple was Rs 52 according to WazirX.

Solana (SOL) Price Today
The price of Solana was $41.94, up 10.04 percent in a day. The price of SOL in India was Rs 3,540.01, according to WazirX.

On Monday, Bitcoin, Ethereum, and other cryptocurrencies plummeted. The worldwide crypto market valuation was $1.06 trillion, with approximately $20.6 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, dropped 0.2 percent to $26,426.9. Its market capitalization was $512.9 billion. The total value of trade was $9.7 billion.

Ethereum
Ethererum, or Ether, the second largest virtual currency, declined 0.1 percent to $1,726.4, with a market capitalisation of $207.4 billion. In the last 24 hours, Ethereum’s trade volume was $3.9 billion.

Dogecoin
A meme-based virtual currency, moved slightly higher on Monday. Its market capitalization was $8.7 billion. The total trade volume was $232.4 million.

Solana
Solana dropped 0.4 percent to $15.5, with a market valuation of $6.2 billion. Solana’s transaction volume in the last 24 hours was $141.1 million.

Shiba Inu
Shiba Inu gained 3.3 percent and now has a market capitalisation of $4.2 billion. In the last 24 hours, the transaction volume was $198.3 million.

Polygon
Polygon declined 1.3 percent to $0.6 and has a market cap of $5.6 billion. In the last 24 hours, the transaction volume was $253 million.

Quick analysis of the cryptocurrency pricing on June 16: The worldwide market capitalization was $1.04 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, stayed below the $26,000 mark on Friday. Other major altcoins, like as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL), had a combination of gains and losses. KuCoin Token (KCS) was the highest gainer, gaining more than 13% in 24 hours. Hedera (HBAR), on the other hand, became the greatest loser, with an almost 8% drop in a 24-hour period.

At the time of writing, the worldwide crypto market valuation was $1.04 trillion, up 1.17 percent in 24 hours.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $25,565.04, representing a 2.27 percent gain in a 24-hour period. BTC was trading at Rs 22.70 lakh on the Indian market WazirX.

Ethereum Price Today
At the time of writing, the price of ETH was $1,667.02, representing a 1.14 percent 24-hour rise. According to WazirX, the current price of Ethereum in India is Rs 1.48 lakh.

Dogecoin Price Today
DOGE gained 2.81 percent in a 24-hour period, according to CoinMarketCap data, and is now trading at $0.06173. According to WazirX, the Dogecoin price in India is Rs 5.54.

Litecoin Price Today
Litecoin gained 3.04 percent in a 24-hour period. It was trading at $75.19 at the time of writing. In India, the price of LTC was Rs 6,506.93.

Ripple Price Today
The price of XRP was $0.4804, down 0.23 percent in 24 hours. According to WazirX, the current price of Ripple is Rs 42.90.

Solana Price Today
Solana price was $14.80, representing a 0.70 percent decline in a 24-hour period. According to WazirX, the SOL price in India was Rs 1,364.

On Wednesday, the value of Bitcoin, Ethereum, and other cryptocurrencies rose. With a volume of $45 billion over the previous 24 hours, the total market value of all cryptocurrencies was $1.12 trillion.

Bitcoin

Bitcoin, the biggest and most used virtual currency in the world, increased by 4.8 percent to $26.988. It was valued at $523.9 billion on the market. The value of the trade was $22.6 billion.
Currently, there is a lot of resistance for bitcoin near the $27,400 mark, with $26,400 acting as support.

Ethereum

Ethererum which is the second-largest virtual currency, increased by 3.5 percent to $1,876.5 and has a market value of $225.8 billion. In the previous day, $8.9 billion worth of Ethereum was traded.

Dogecoin

A virtual currency based on memes, increased 4.3 percent on Wednesday. It was valued at $9.7 billion on the market. There were $425.1 million worth of transactions.

Solana

Solana increased 2.3 percent to $20.2 and now has a $8 billion market cap. $441.6 million worth of Solana’s shares were traded in the previous day.

Shiba Inu

Shiba Inu market capitalization increased by 0.5 percent to $4.8 billion. In the previous 24 hours, there were $101.8 million in transactions.

Polygon

With a market capitalization of $7.6 billion, Polygon declined 2.3 percent to $0.8 in contrast to its competitors. In the past 24 hours, there were $463.4 million worth of transactions.

The largest cryptocurrency, Bitcoin, increased its gains by more than 2% to remain close to the $29,000 level. Ethereum, its biggest rival, increased 2% and reclaimed the $1,900 mark.

Despite the resurgence of turmoil in the US banking industry and the slowing growth of the greatest economy in the world, Bitcoin and other popular crypto tokens were not traded on Friday. The bulk of digital tokens, however, were able to hang onto their gains. The US Fed’s meeting next week is anticipated by traders.

The largest cryptocurrency asset, Bitcoin, kept climbing higher and gained more than 1%, hovering around the $29,000 level. Ethereum, its biggest rival, remained virtually unchanged but maintained the $1,900 level. Early on Friday, there wasn’t much activity in the alternative currency.

The last 24 hours have seen uneven trading in the cryptocurrency markets. As banking industry unrest resurfaces and US economic growth slows, BTC is currently trading in the $29,000 to $29,000 range, up more than 1% in the last 24 hours. Above $1,900, ETH is also trading neutrally.

The impending Federal Open Market Committee (FOMC) meeting next week is anticipated by investors. In light of recession concerns, the general expectation is for the Fed to raise interest rates one more time but only once.

All major crypto coins, with the exception of the biggest names, were trading with modest increases on Friday. Only Shiba and BNB were down up to 2%, with US dollar-pegged stablecoins and Ethereum the only other losers. Solana and Avalanche were among the gainers, each rising by roughly 3%.

The market capitalization of all cryptocurrencies was trading significantly higher, circling the $1.21 trillion barrier after increasing by roughly 1% in the previous day. The entire trade volume fell by nearly 31% to $48.42 billion, though.

The price of Bitcoin abruptly fell by 8% on April 26 to $27,242, but recovered quickly as a result of worries about the US banking sector and economy. The next resistance level of $30,000 might be reached by Bitcoin, opening up prospects for purchases up to $30,800.

The market capitalization of all cryptocurrencies was $1.14 trillion, with $36.1 billion worth of transactions on the previous day. “The leading gainers on WazirX over the last 24 hours have been IDEX (IDEX) and Floki (FLOKI).

Bitcoin
The biggest and most well-known virtual currency in the world, Bitcoin, decreased 0.5 percent to $27,308.3. The market price for it was $528 billion. The value of the trade was $16.25 billion.

Both Bitcoin and Ether are resting, with record-breaking staker inflows following the Shanghai upgrade being countered by a rather stable position. However, the majority of liquidations come from short positions, suggesting possible market volatility.

While uncertainly anticipating probable price impact, mixed tech earnings loom. Regional markets have started out flat, and activity in both traditional finance (TradFi) and cryptocurrencies has remained low.

Ethereum
Ethererum is the second-largest virtual currency, decreased 1.5 percent to almost $1,816.11 with a market capitalization of $218.62 billion. In the previous day, Ethereum trades were worth $7.95 billion.

Dogecoin
A virtual currency based on memes, decreased 0.2 percent on Tuesday. It was valued at $10.9 billion on the market. A total of $358.37 million was traded.

Solana
Solana dropped 1.8 percent to $20.9 and now has a $8.2 billion market cap. In the previous 24 hours, Solana saw $335.1 million in trading.

Shiba Inu
Shiba Inu market capitalization decreased by 1.2 percent to $6 billion. In the past 24 hours, there were $126.4 million worth of transactions.

Polygon
Polygon, with a $8.9 billion market capitalization, dropped 1.8 percent to $1. In the previous 24 hours, there were $438.5 million in trades.

With a 40% market share, Bitcoin is the most widely used cryptocurrency in the world. This past weekend, its trading volume surpassed the $10 billion barrier.

Sources claim that the pioneering crypto market, which has recently experienced several successful runs, could soon have a significant impact on the market’s optimistic run.

At the time of publication, the most liquid cryptocurrency asset had a trading volume of $13 billion, a surge that might signal the start of the crypto market’s comeback.

As the global financial market deteriorates, interest in Bitcoin is increasing, but a number of investors are paying special attention to the up-and-coming cryptocurrency project Love Hate Inu.

The meme project provides users the chance to vote in and profit from polls of popular memes, as well as a variety of utilities.

The $2 trillion market maker is bitcoin.

Since its creation as a decentralised cryptocurrency asset, Bitcoin has dominated the young market.

The asset is a significant phenomena in terms of market sentiment and trends with a market share of more than 40%.

The top cryptocurrency dog later went on to support a full ecosystem, which peaked at over $2 trillion during its heyday.

As a result of the utility cryptocurrencies currently provide, new initiatives are being started to address pressing problems in the real world. One such is Love Hate Inu, which runs on Ethereum.

The price of cryptocurrencies decreased on Friday, adding to earlier session losses. The market value of all cryptocurrencies was $1.19 trillion, with $51.8 billion worth of transactions over the previous day.

Bitcoin
The biggest and most well-known virtual currency in the world, Bitcoin, decreased 2.6 percent to $28,171.5. It was valued at $546.4 billion in the market. The value of the trade was $21.1 billion.

Ethereum
Ethererum is the second-largest virtual currency, decreased 0.5 percent to $1,941.9 and has a $234.2 billion market capitalization. In the previous day, $11.1 billion worth of Ethereum was traded.

Dogecoin
The virtual currency Dogecoin, which is based on memes, fell 8% on Friday. It was valued at $11.7 billion on the market. There were $1.8 billion worth of transactions.

Solana
Solana fell 3.4 percent to $22.1 and now has a $8.7 billion market cap. In the past 24 hours, Solana’s transaction volume was $654.7 million.

Shiba Inu
Shiba Inu market capitalization decreased by 2.2 percent to $6.2 billion. In the previous 24 hours, there were $237.5 million in transactions.

Polygon
Polygon market capitalization decreased by 4.9 percent to $1 and is now $9.6 billion. In the past 24 hours, there were $366.4 million worth of transactions.