Market Update
A handful of altcoins posted double-digit gains while Bitcoin’s relief rally was halted by resistance at $34,000.
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Markets News
Crypto markets provide a bird’s-eye view of a burgeoning crypto economy including Bitcoin (BTC) and a host of other crypto networks. The cryptocurrency market is radically different from the traditional global financial and commodities markets. Not only is the structure of these underlying assets fundamentally different, as they are natively digital and noncustodial in many cases, but the market participants are different as well.
Cryptocurrency networks such as Bitcoin feature a unique composition of stakeholders. There are the miners, which provide security and uptime to the network while earning cryptocurrency for their efforts; traders and investors navigating the ebbs and flows of the market for maximum profits; developers, who are the open-source builders working toward scaling and improving these protocols; and individual users, who may speculate or use their crypto to some productive capacity.
The dynamics among these stakeholders in these decentralized, open, permissionless systems are in striking contrast to traditional finance and are main topics of discourse in the space.
Stay tuned to news, analysis and in-depth coverage of crypto markets with Cointelegraph.
- Altcoin Watch
The DeFi boom and search for projects offering interoperability recently sent Ren’s price and total value locked to new all-time highs.
8273 - Price Analysis
Bitcoin price has rebounded above a key trendline but resistance at higher levels may limit the recovery in altcoins.
9844 - Altcoin Watch
Decentraland’s new features, increased digital land sales and a booming NFT market are the driving factors behind MANA’s 100% rally.
11755 - Market Update
A further commitment to its treasury sees MicroStrategy join Grayscale as this week's big buyer while others keep selling.
22902 - Market Analysis
Bitcoin's fall from from $37,000 to below $30,000 within 48 hours saw the biggest daily red candle ever.
20252 - Markets News
This week's volatility may come down to a tug-of-war between F2Pool selling and Grayscale buying.
20534 - Market Update
After a day of intensifying sell pressure, Bitcoin price dropped below $29,000 for the first time since January 5.
28105 - Market Analysis
After correcting 15%, Bitcoin price dropped to $30,000 but derivatives indicators suggest pro traders are buying the dip.
34299 - Altcoin Watch
Strong fundamentals are attracting traders to Hedera Hashgraph, Reef and Perpetual Protocol even as Bitcoin price hangs near a crucial support level.
22324 - Market Analysis
Bitcoin is still the main focus of most investors but Layer 2 solutions, governance, and DeFi are shaping up to be the driving forces of the next altseason.
24165 - Price Analysis
The price of Bitcoin still has a lot room to drop below $30,000 before the bull market is in trouble.
35906 - Market Update
A look at Coinbase Pro's BTC price premium suggests that selling is underway on Thursday, as Bitcoin falls 7% in 24 hours.
55629 - Market Update
DeFi tokens moved higher while Bitcoin price struggles to hold $35,000 as support.
34093 - Price Analysis
Bitcoin price continues to drop, pushing select altcoins closer to their critical support levels.
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