Financial markets are a sea of green on Monday as upbeat China data and lower oil prices revive investor risk appetite. Starting with bitcoin. The leading cryptocurrency by market value was trading around $82,500 at the time of writing, up 0.7% since midnight UTC and… Read More
Bitcoin is consolidating on Wednesday after an explosive breakout on Monday, trading at $86,379 in the European morning, up 0.24% since midnight UTC and 1.3% over 24 hours as daily trading volume dips by 36% to $38 billion. Beneath the surface the rally has narrowed… Read More
ZEC briefly traded above $1,020 as a sharp rally forced traders betting against the token out of leveraged positions.
ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.
XRP holders are underwater by more, on average, than they have ever been, according to onchain data that some traders treat as a contrarian floor signal. The reading comes from MVRV, or market value to realized value, a ratio that compares XRP’s price with the… Read More
Bitcoin is trading flat while the rest of the crypto market showing signs of a capital rotation. The largest token traded around $65,800 on Wednesday, down 0.3% over 24 hours but up 7.4% on the week, per CoinDesk data, holding near $66,000 as traders waited… Read More
