Tags : Drop

Ethereum

Number of Ethereum on exchanges drop to new low

Data from analytics company CryptoQuant shows that the number of Ethereum held on centralized exchanges has dropped to a new low. Since September 2020, the number of Ethereum held on exchanges has gradually declined despite a price rally of more than 400% within the said time frame. The narrative is that investors are actively buying the […]Read More

Litecoin

Here’s Why the LTC Could Drop by 20% to $150

The Litecoin price is attempting to bounce back after dropping to a multi-week low of $170 yesterday. The LTC is trading at $192, which is 6.7% above its lowest level this week. Its market cap is at$12.89 billion, according to data compiled by Coin Marketcap.  What happened: Litecoin has been an embattled cryptocurrency after it […]Read More

Ethereum

Why Ethereum is unlikely to drop below $1,500 anytime soon

The number of entities owning more than 1000 Bitcoins has hit a one-month low, amid the high volatility in play at the world’s most popular crypto market, as some institutional investors take off some gains. Data obtained from Glassnode reveals that the number of wallets holding 1000 Bitcoins just reached a 1-month low of 2,266. […]Read More

Ethereum

Number of Ethereum on exchanges drop to new low By

Number of Ethereum on exchanges drop to new low Data from analytics company CryptoQuant shows that the number of held on centralized exchanges has dropped to a new low. Since September 2020, the number of Ethereum held on exchanges has gradually declined despite a price rally of more than 400% within the said time frame. […]Read More

Altcoin

Will there be a further drop in the altcoin rally?

Whether Bitcoin hits the new ATH or not, the current volatility makes it important to check if it is likely to sustain support above the $55000 level. If Bitcoin does not sustain above the $55K level through the weekend, a drop below $47000 is likely, and then the price may be rangebound once again. To […]Read More

Ethereum

Ethereum gas fees drop as daily DEX and DeFi volumes

The rising popularity of decentralized finance (DeFi) has brought fresh attention and optimism to the cryptocurrency sector with the total value locked on all protocols increasing from $1 billion to $59 billion in less than a year and the top 5 platforms accounting for $24.33 billion of the total value. Rising gas fees have been […]Read More

Ethereum

Market Roundup: Bitcoin & Ethereum Drop Over 4%

Following a decent recovery on Monday, the market remained fairly stable on Tuesday, with majors seeing some red as Bitcoin and Ethereum dipped 4% and 5%, respectively. Last week’s Bitcoin and alt sell-off might have been brutal, and the bloody weekend that followed would have hurt a lot of traders and investors. However, Monday offered […]Read More

Altcoin

Bitcoin, Ethereum and Altcoins Drop After Tagging Resistance

Bitcoin price topped near the key USD 52,000 resistance level and started a fresh decline. BTC broke the USD 50,000 and USD 48,000 support levels. It even tested USD 46,000 and it is currently (05:00 UTC) struggling to recover above USD 48,000. Similarly, there was a fresh decline in most major altcoins. ETH failed to […]Read More

Altcoin

BTC Drop Indicator – Technical Analysis

BTC dropped by $10,000 yesterday from $58,000 to $48,000. This was the biggest drop in the history of BTC. BTC drop or rise can be speculated by a variety of parameters. Some use charts to identify tops and bottoms. Some use fundamentals like upcoming forks, halving, upgrades, institutional level buying, etc to speculate the price […]Read More

Ethereum

Bitcoin Tests USD 50K, Ethereum and Altcoins Drop

Bitcoin price is down over 10% and it broke many important supports near USD 55,000 and USD 52,000. BTC is currently (05:00 UTC) struggling to settle above USD 50,000. A daily close below USD 50,000 may possibly open the doors for more losses towards USD 45,000. Similarly, there were strong bearish moves in most major […]Read More