Crypto Markets Descend While Tech Stocks Surge

Thursday, March 21 — Most of the top 20 coins by market capitalization are in the red, showing slight losses on the day, down from one to four percent. Market visualization from Coin360 The leading cryptocurrency Bitcoin (BTC) is trading at $4,027 at press time, down about one percent over the 24-hour period. BTC has been trading sideways as of early trading hours, following a drop to as low as $4,007 in the middle of the day. Bitcoin 24-hour chart. Source: CoinMarketCap The top altcoin Ethereum (ETH) has seen a…

Crypto Markets See Mixed Action While Bitcoin Holds $3,900, US Stocks Rise

Wednesday, March 13 — cryptocurrencies continued trading sideways today, with most of the top 20 cryptocurrencies by market capitalization seeing moderate price changes since yesterday. Market visualization from Coin360 Bitcoin (BTC) has managed to hold the $3,900 price threshold by press time, staying relatively stable since March 6. However, the biggest cryptocurrency dropped below the price point earlier on the day, with the intraday low of $3,891. At press time, Bitcoin is trading at $3,910, down around 0.01 percent over the past 24 hours. Bitcoin 30-day price chart. Source: CoinMarketCap…

Emerging Markets are Surging and Investors Could Send Bitcoin Moon-Bound

Emerging markets and their respective currencies are on the rise, which historically has had some correlation with the price of Bitcoin. According to Morgan Stanley, the global emerging markets benchmark is expected to rise by around 8 percent in 2019, primarily due to the increase in interest in the Chinese stock market following the optimistic prospect of the trade deal. Bitcoin Vs. Emerging Markets: What’s the Correlation? In August 2018, global macro analyst Peter Tchir said that during periods of emerging market stress, cryptocurrencies like Bitcoin as a store of…

Crypto Markets Are Trading Sideways, Bitcoin Holds $3,900 Support

Tuesday, March 12 — crypto markets are trading sideways, with total market cap hovering between $133–$134 billion, and Bitcoin (BTC) holding $3,900 for the most part of the day. The top 20 cryptocurrencies by market cap are seeing mixed signals, with losses not exceeding 1.1 percent, while some coins have seen a growth of over 3 percent over 24 hours at press time. Market visualization from Coin360 Bitcoin is trading at $3,912 at press time, up around 0.3 percent over the past 24 hours. The biggest cryptocurrency surged to as…

Crypto Markets Trade Sideways, Oil Demonstrates Slight Losses

Friday, March 8 — cryptocurrency markets are trading sideways, remaining relatively quiet with moderate losses throughout the top 20 coins, according to Coin360. Market visualization from Coin360 The leading cryptocurrency Bitcoin (BTC) is up 0.5 percent during the past 24 hours, and is trading at around $3,942 at press time. BTC began the day at $3,921, hitting its highest mark at $3,947 in the middle of the day before reaching its current price. Bitcoin 24-hour chart. Source: CoinMarketCap Ethereum (ETH) is down by 0.06 percent on the day, trading around…

Crypto Markets See Mixed Signals, Gold Hovers Near Multi-Week Low

Thursday, March 7 — cryptocurrency markets have recorded moderate gains and losses on the day, with Binance Coin (BNB) being the major gainer on the day, according to Coin360. Market visualization from Coin360 The leading cryptocurrency Bitcoin (BTC) started the day around $3,901, subsequently reaching its intraday high of $3,938. At press time, BTC is trading at around $3,922, up a modest 0.36 percent over the last 24 hours. Bitcoin 1-day price chart. Source: CoinMarketCap Ethereum (ETH) is currently trading at around $138.52, having increased by 0.08 percent over the…

Financial Markets Committee Considers Requiring Identification From Crypto Users

Russia’s Duma Committee on Financial Markets is considering the adoption of a mandatory identification process for users of digital assets, local news service Izvestia reports on March 7. The committee chairman, Anatoly Aksakov, revealed that the authority is planning to amend Russia’s crypto regulation, aiming to establish a special identification process for users of digital financial assets, including cryptocurrencies. According to the planned amendment, dealing with crypto by unidentified users will become illegal, Aksakov said. The chairman stressed that the new initiative is concurrent with the existing legislation against money…

Crypto Markets See Major Losses, While Stocks Rise as US-China Talks Expected to End

Monday, March 4 — crypto markets have slid today, with Bitcoin (BTC) having failed to hold the $3,800 price point. All of the top 20 coins by market cap are seeing major losses, according to CoinMarketCap. Market visualization from Coin360 Bitcoin is trading at $3,760 at press time, down around 2.4 percent over the past 24 hours. After Bitcoin saw relative stability around $3,850 starting from Feb. 25, the major cryptocurrency had dipped to as low as $3,733 earlier today. Bitcoin is down 2.7 percent over the past 7 days.…

Bitcoin Approaches $3,900 as Crypto Markets Stabilize, Stock Market Slightly Down

Wednesday, Feb. 27 — most of the top 20 cryptocurrencies are reporting very slight gains and losses on the day by press time. Bitcoin (BTC) is approaching the $3,900 mark again, according to CoinMarketCap data. Market visualization from Coin360 At press time, Bitcoin is up less than half a percent on the day, trading at around $3,859, according to CoinMarketCap. Looking at its weekly chart, the current price is over three percent lower than $3,971, the price of BTC one week ago, and nearly 9 percent lower than $4,209, the mid-week…