Bears control Bitcoin price, but traders say the $40K zone is still good ‘for longs’
$40,000 remains a hurdle for BTC price, but traders still agree that the current range is a zone for accumulation.
Auto Added by WPeMatico
$40,000 remains a hurdle for BTC price, but traders still agree that the current range is a zone for accumulation.
COTI turns bullish after increased integration with the Cardano ecosystem and the upcoming launch of MultiDAG 2.0 and the Djed stablecoin reflect strengthening fundamentals.
Balancer, DeFiChain and cBridge each saw a surge in their total value locked despite the current downturn in the wider crypto market.
BTC price tumbled back under $40,000 as on-chain metrics indicate dwindling demand from new investors and long-term holders largely dominate the market.
Traders say the threat of a lengthy bear market is heightened after BTC price drops to $39,200.
KAVA price continues to trend upward as excitement builds over the upcoming launch of Ethereum and Cosmos Co-Chains.
KNC price rallied in excess of 50% after expanding access to ten blockchain networks and an integration with Uniswap v3.
CEEK VR caught investors’ attention after hosting a booth at the Grammy’s, seeing its token listed on major exchanges, and launching new developments in the nascent Metaverse.
ETH sold-off alongside the rest of the crypto market, leading analysts to warn of a drop to $2,900 if the current support at $3,200 fails.
BOBA price booked a double-digit gain after a $45 million funding round and developer incentive program lured investors back to the network.