Analysis Crypto by Thebittimes.Com

The Bitcoin price is trading bearish near $20,600 during the Asian session, having bounced off the $20,000 support level. Similarly, Ethereum has gained over 4% to $1,585 and is heading north toward the 78.6% Fibonacci retracement level. Early on October 29, major cryptocurrencies were trading in the green, as the global crypto market cap surpassed $1 trillion, up from $979.72 billion the day before. DeFi's total volume was $4.00 billion, accounting for 4% of the crypto market's total 24-hour volume. Top Altcoin Gainers and Losers Mina (MINA), Dogecoin (DOGE), and Shiba Inu (SHIB) were the top performers in the last 24 hours. MINA's price has increased by more than 29% to $0.77, while DOGE's price has increased by nearly 15% to $0.086. At the same time, SHIB has gained more than 12% to trade at $0.000011. Top Altcoin Gainers and Losers - Source: Coin360  TerraClassicUSD (USTC) has dropped more than 4% this week to $0.041. Casper (CSPR) ...

During the Asian session, the Bitcoin price's bullish streak continues, and BTC has soared over 2% to $20,735. In contrast, Ethereum is on a tear, rising more than 5% in the last 24 hours to trade at $1,560. Major cryptocurrencies were trading in the green early on October 27 as the global crypto market value gained, rising from $976 billion to $1 trillion.  A top US bank regulator has stated that the government wants to make it easier for banks and their clients to hold cryptocurrencies while maintaining control over the rapidly growing asset.   In an interview published on Monday by Reuters, Jelena McWilliams, chair of the Federal Deposit Insurance Corporation, said that a group of US bank regulators is working on a guide for financial institutions to use when dealing with cryptocurrency.  This is considered good news because it will help increase crypto adoption and demand in the long run. Let's take a look at the top winners and...

On October 18, Bitcoin  price continued to trade bullish, breaking above the major resistance level of $19,440 level. Ethereum, on the other hand, has gained more than 2% to $1,334 during the early Asian session.  Major cryptocurrencies are trading in the green today as the global crypto market cap grew over 1.7% on the previous day to $934 billion. Over the last 24 hours, the crypto market volume was around $50 billion, a 31% gain.  DeFi had a total volume of $3.3 billion, while the total volume of stablecoins was $47 billion. Top Altcoin Gainers and Losers The top performers in the Asian session were Huobi Token (HT), Zilliqa (ZIL), and  Maker (MKR). The Huobi (HT) is on the rise, gaining over 15% to $7.7, while ZIL's price has risen by over 11% to $0.033. Moreover, MKR's price rose over 9% to $1,084. Cryptocurrency Market Heatmap | Source: Coin360 The Ethereum Name Service (ENS) price is exhibiting a downtrend, losing nearly 4% in t...

Bitcoin recovered slightly more than 1% during the US session to trade at $19,544. The BTC/USD pair opened the day at $19,266 and has since fluctuated between $19,444 and $19,168. One of the reasons for the recent slowdown in BTC's upward movement can be linked to its latest fundamentals. On October 17, mining a block of bitcoin (BTC) took nearly an hour, delaying the confirmation of hundreds of transactions. Bitcoin Produces No Blocks for Hours According to on-chain statistics from various block explorers, the time difference between the two most recent blocks mined by Foundry USA and Luxor was 85 minutes. According to Mempool, over 13,000 transactions were pending before the recent block mining. Furthermore, Bitcoin had to make a difficult adjustment last week to ensure that block confirmations continued to occur every 10 minutes.  It now costs more to mine bitcoin because the mining difficulty has risen to 35.6 trillion, putting pressure ...

Most cryptocurrencies were trading in the negative early on October 11, as the global crypto market cap fell 3.26% on the previous day to $916.30 billion. Over the last 24 hours, however, overall crypto market volume increased by 63.81% to $54.09 billion. The overall volume in DeFi was $3.64 billion, accounting for 6.73% of the total 24-hour volume in the crypto market. The overall volume of all stablecoins was $51.01 billion, accounting for 94.31% of the total 24-hour volume of the crypto market. During the Asian session, Bitcoin is trading slightly bearish, dropping 2.05% in 24 hours to trade at $19,061.16. Whereas the second leading cryptocurrency, Ethereum, is down 3.28% to trade at $1,279.64. Fear & Greed Index Signals "Extreme Risk" Investors in the volatile cryptocurrency industry often show extreme displays of emotion.  When the market rises, avarice can cause people to act in ways they later regret (fear of missing out). Also, the sig...