Similarly to bitcoin’s action, the second largest crypto asset by market cap, ethereum, has seen some market turmoil and a distinct downtrend. As of Jan. 22, 2024, ether has shown a notable decrease, registering a 3.3% drop in 24 hours and a 5.7% decline over the past week. Ethereum Ethereum’s (ETH) market capitalization stands at […]
Bitcoin Hits Peak Interest on Google Trends Following SEC’s ETF Approvals
In the week spanning Jan. 7th to the 13th, 2024, Google Trends revealed a peak interest score of 100 for the search term bitcoin. A closer examination of Google Trends over the past three months highlights that this interest surged to its apex on Jan. 11. This was the day after the U.S. Securities and […]
2023 in Review: The Year’s Most Impactful Crypto News Stories and Economic Trends
2023 proved to be an extraordinary year for bitcoin and the broader crypto economy, surging significantly in value once the dust settled from the FTX debacle and as major players such as Blackrock and Franklin Templeton lodged applications for spot bitcoin exchange-traded funds (ETFs). Alongside the ever-changing crypto markets, the global economy commanded attention with […]
Bitcoin Technical Analysis: Bullish Trends Push Against Upper Resistance Limits
Bitcoin’s price of $ 43,094, fluctuating between $ 42,235 and $ 43,176 within 24 hours, reflects a market in subtle motion. With a substantial 24-hour volume of $ 20.10 billion and a market capitalization of $ 837 billion, bitcoin maintains its strong presence in the cryptocurrency sphere. Bitcoin Bitcoin’s …
Ethereum Technical Analysis: ETH Faces Downward Pressure; Bearish Trends Emerge Amidst Market Volatility
As of Dec. 15, 2023, ethereum’s price exhibits intricate dynamics, standing at $ 2,259. Oscillators and moving averages paint a mixed picture, while the 4-hour and daily charts reveal patterns of consolidation and a short-term downtrend. Ethereum Ethereum’s (ETH) market capitalization stands at $ 271 billion, accompanied by a 24-hour trade volume of …