Market Analysis

In a survey reported by Bloomberg, it indicates that Americans prefer Facebook coin over Bitcoin and Ethereum. The media buzz surrounding virtual currency has changed, and virtual currencies are quietly moving towards stabilization and legitimization. Facebook has been working its way into the cryptocurrency space. It’s been working on its …

Bitcoin eyes $10K as the coin is still taking a rather slow but steady climb towards its all-time high of $20,000. The coin has in a matter of weeks, risen more than 100% and several factors can be attributed to the continued rise of Bitcoin’s price. It is interesting to …

When the bullish bitcoin run began, people attributed it to Facebook’s announcement of launching Libra, but that might not be the only factor after all. It is with no doubt that the price of bitcoin took an upward trajectory after the announcement, but there’s another digital coin fueling the rise. Nouriel …

If you are not familiar with halving, it refers to the time when the reward per block of a coin is reduced by exactly 50%. Bitcoin and Litecoin have their halving periods almost approaching, and the effect can already be felt. Litecoin is currently trading at highs of above $100 while Bitcoin continues to …

For quite some time now, Bitcoin has had a good run in the market with its price rising to highs of $13,000 before hitting a slight correction a few days ago. However, the woes are not over as the price continues to take a dip in the last few days, …

Bitcoin has enjoyed excellent performance since the beginning of July. Bitcoin’s price currently stands at $13,107.28 compared to July 1st when it stood at $10,916. This is an increase in value by more than $2000. Over the past 24 hours, it has shown a 6.02% growth, and no other coin …

Hours after the chairman to the US federal reserve criticized the Libra project and called for its halting, several coins in the market have continued to record more losses, including Bitcoin which had hit highs of $13,000 as of yesterday (10/7/2019). The drop in crypto market prices comes after the …

Bitcoin has experienced rapid and unpredictable price fluctuations over the past few weeks. The coin had settled over the $11,000 mark at the beginning of this week but dropped to lows of $9,500 on Tuesday according to data shown by Coinmarketcap. Some analysts related the price fall to the decreased hype …

The crypto market has started the new week with a slight recovery after suffering significant drops over the past week. Top coins such as Bitcoin, Ethereum, and XRP have all shown minor gains over the past 24 hours. At writing time, Bitcoin has shown a 1.16% price change in the …

The cryptocurrency market has been in a red zone for a while, but things are finally looking up. Every leading virtual currency has experienced gains of more than 2% in the past 24 hours. The gains have increased the total market capitalization to $,178,336,498 and Bitcoin’s dominance has increased from …