Tags : Fears

Cryptocurrency

Dogecoin jumps 88% in a single day to $0.13, reviving

Dogecoin (DOGE) surged by 88% today to over $0.13, setting a new all-time high and gaining a $16 billion valuation, data from multiple sources shows. The currency is intrinsically valueless and is intended to have absolutely no use, save the memes and jokes. Doge up 69%…. Nice pic.twitter.com/Hm0FaDDjve — Valkia (@officialvalkia) April 14, 2021 The […]Read More

Bitcoin

Top Bitcoin Influencer Closes Bullish Position on Price Dump Fears

Bitcoin risks falling below $50,000, according to a trade setup shared by Jonny Moe, an independent market analyst. The social media influencer, widely tracked by investors and traders in the cryptocurrency space, unveiled the bearish setup in a tweet published early Tuesday. He closed what he called “leverage long” positions, which refers to the indebted […]Read More

Bitcoin

Citi’s Bitcoin Report Does Little in Offsetting Yield Fears; Price

Bitcoin kickstarted the week with an incredible recovery rally, negating a considerable portion of its losses from the previous weekly session against a downside correction in US bond yields. Nevertheless, the flagship cryptocurrency’s intraday bull run failed to garner further higher bids on Tuesday. A sell-off at the local top ensued due to profit-taking sentiment, […]Read More

Bitcoin

Bitcoin Weekly Outlook: Overbought Fears Persist Despite Corporate Boom

Key Bitcoin Takeaways Bitcoin bloomed higher last week despite weaker demand for safe-haven assets against a prosperous US economic outlook. The cryptocurrency’s upward move came as a part of its quarterly bullish trend as traders raised their BTC/USD bids against a flurry of corporate adoption news. Nonetheless, bitcoin has turned into an overbought asset that […]Read More

Altcoin

Fears of a Crypto Crash Grow: On-Chain Data Signals Imminent

Although all altcoins are not yet rallying in tandem, some top crypto assets have been outperforming as of late. Case in point: CoinMarketCap data as of the time of this article’s writing, XRP — the third-largest cryptocurrency by market capitalization — is up 10% in the past 24 hours, outpacing Bitcoin’s relatively mild 0.5% gain. […]Read More