Author: Penny White

Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months

Since Nov. 29, 2022, Bitcoin’s market capitalization has risen to more than $325 billion. At the time this article was written, bitcoin’s overall market value ( BTC ) is approximately $328 billion. This represents 38.3% of the total crypto economy’s $856,947.917.107 market capital. The market cap of ethereum ( ETH) is currently around $155.38 Billion, or 18.1% of the…

Crypto market chaos as leading bitcoin exchange faces collapse

After a major crypto exchange experienced a liquidity crunch, the cryptocurrency market fell to its lowest point in almost two years. Customers of FTX, the third-largest exchange in terms of trading volume, rushed to withdraw assets. There were approximately $6 billion (PS5.2bn), of withdrawals initiated since the weekend. Rival exchange Binance announced it would also be selling…

Bitcoin, Ethereum Technical Analysis: BTC Extends Gains, ETH Consolidates Ahead of The Merge

Bitcoin As sentiment in the cryptocurrency markets remains mostly bullish, Bitcoin ( ) rose for the sixth consecutive session to begin the week. BTC/USD climbed to $22,244.38 earlier today’s session. This was less than 24 hours after the low of $21,493.03. Today’s rally saw the token rise by more than 12% over the past seven days….

Bitcoin tops $25,000 for the first time since June before slipping

Bitcoin briefly reached $25,000, its highest point in June. However, it fell sharply due to cryptocurrency’s struggles to make significant moves higher. According to CoinDesk data, the world’s largest digital currency soared above $25,000 on Sunday night for the first time since June. Monday’s flat price was $24,120.61 After a rise in U.S. stocks, cryptocurrencies…