Ether’s growth as independent asset fuels ETH-BTC flippening narrative
There is growing data to suggest that the coming few months and years could see Ether truly deliver on its ‘flippening’ promise.
Auto Added by WPeMatico
There is growing data to suggest that the coming few months and years could see Ether truly deliver on its ‘flippening’ promise.
$100,000 BTC is probably not happening, but analysts are hopeful that BTC can end the year above $50,000 and kick off early 2022 with a new all-time high.
The bearish crossover between Bitcoin's 20-day and 200-day exponential moving averages hints at a drop toward the $40,000-$42,000 area.
The crypto derivatives market plays an important role in price discovery, but institutional investors are needed to add depth.
Bitcoin price appears pinned below $48,000, leading some analysts to forecast “choppy” markets until Q1 2022.
“The Market Report” with Cointelegraph is live right now with special guest Sam Bourgi, business editor at Cointelegraph.
The number of Bitcoin addresses holding less than 1 BTC has been rising in the face of a 30% price correction from $69,000.
OMI, ANT and RAMP booked 20% gains after Bitcoin and the wider crypto sector reacted positively to today’s Federal Reserve announcements.
Traders look for a market-wide recovery now that the Fed confirmed at least three rate hikes and a wind-down of its bond purchasing policy in 2022.
In August, the CEO predicted that Bitcoin would trade “$100,000 plus a coin” late this year or early next year.