Bitcoin Holds Gains against Trade Deal Hopes, Brexit Uncertainty

Bitcoin was maintaining its weekend gains on Tuesday as investors assess positive outcomes from the ongoing US-China trade talks but remained uncertain over the Brexit deal. The benchmark cryptocurrency established a session high of $8,296.50, up 1.05 percent from the market open. The upside move was minor in the context of bitcoin’s recent losses. Therefore, the cryptocurrency somewhat remained under the risks of further downside moves. At the same time, alternative cryptocurrencies, or altcoins, performed way better than bitcoin, indicating that traders are looking elsewhere as the number-one cryptocurrency shows…

Ethereum (ETH) Trading Sideways While Bitcoin Trimming Gains

Ethereum price is currently struggling to climb above $178 and $180 against the US Dollar. Bitcoin price is declining and it seems like it failed to stay above $8,220 and $8,200. There is a short term bullish trend line forming with support near $172 on the hourly chart of ETH/USD (data feed via Kraken). The pair could recover to $180 as long as there is no close below the $170 support area. Ethereum price is showing a few bearish signs versus the US Dollar, while bitcoin is declining. ETH price…

Bitcoin Lacks Direction after Weekend Gains; Correction Incoming?

Bitcoin was trading in positive territory on Monday to uphold gains it made during this weekend. The benchmark cryptocurrency surged by 0.07 percent to trade near $8,230 as of 1140 UTC. At its session high, it was trading at $8,301.85, which was 4.37 percent higher than Friday’s closing point. The upside came as a part of technical correction after bitcoin tested $7,800 as support. More ideally, the cryptocurrency tested the lower trendline of the sideways channel, wherein it is trending since September 25. It opened possibilities of bitcoin to test…

Bitcoin Eyes Gains as Pound Drops on Brexit Uncertainty

Bitcoin was inching higher on Monday in the UK markets as Pound gave up some part of its last week’s sharp gains. Bitcoin shows upside sentiment as the Pound drops to 1-month low | Image credits: TradingView.com The cryptocurrency surged by 0.76 percent against the sterling as of 1005 UTC to trade at £6,627.90. The minor surge came after the pound dropped by 0.68 percent against the US dollar. The sum of all negativities lied with the statements issued by the European Union on Brexit. Michel Barnier, EU’s chief Brexit…

Crypto Markets Report Mild Gains, While Binance Coin Jumps 7%

Sunday, Oct. 13 — Bitcoin (BTC) continues to bounce around the $8,400 price mark, while most of the top-20 coins by market capitalization report slight gains. Market visualization. Source: Coin360 Cryptocurrency markets are seeing mild gains, generally within a tight range of 1–2%. Binance Coin (BNB), the number eight coin by market capitalization, is the only top-20 coin that that stands out and is surging more than 7.5%.  Bitcoin has been bouncing between $8,300 and $8,400 for most of the day. The world’s most popular cryptocurrency traded from an intraday low…

BNB Gains 23% Plus Other Top-5 Cryptos This Week: LINK, HT, XRP, TRX

The United States Securities and Exchange Commission (SEC) has been in the thick of the action over the past week. First, the SEC rejected the Bitcoin ETF application from Bitwise Asset Management and NYSE Arca. Next, the governing body obtained a temporary restraining order against Telegram and its wholly-owned subsidiary Telegram Open Network (TON) for hosting a securities sale which would culminate with the distribution of Gram (GRM) tokens within the U.S. The SEC claims that the ICO was illegal as Telegram did not register the offering.  While both news…

Crypto Market And Bitcoin Primed For Gains: BNB, BCH, LTC, EOS Analysis

The total crypto market cap broke the key $220.0B resistance to move into a positive zone. Bitcoin price is now trading nicely above the main $8,500 resistance area. Litecoin (LTC) price is still facing a strong resistance near the $60.00 level. BCH price is testing the $235 area and is facing a major barrier near the $240 level. EOS price traded to a new weekly high above $3.300 and it is currently consolidating gains. Binance coin (BNB) rallied more than 10% and broke the key $17.50 resistance area. Bitcoin (BTC)…

Ripple Price (XRP) Correcting Gains: BTC And ETH Rally

Ripple price is currently correcting gains after setting a new weekly high at $0.2872 against the US dollar. The price is trading below the $0.2800 level and it might correct towards the $0.2720 support. There was a break below a connecting bullish trend line with support near $0.2775 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might correct lower towards the key $0.2720 and $0.2700 support levels in the near term. Ripple price is correcting lower against the US Dollar and bitcoin. XRP price…

Altcoins See Mild Gains While Bitcoin Hovers Around $8,100

Friday, Oct. 4 — The top-20 crypto markets are solidly in the green, with just a few reporting mild losses, according to data from Coin360. Bitcoin (BTC) has been trading sideways after its slump from $8,400 to $8,100. Market visualization. Source: Coin360 The price of BTC has remained in a narrow corridor between $8,009 and $8,314 today, the price points which mark the low and the high of the leading crypto on the day. At press time, BTC is trading at around $8,131, up a modest 0.31% and trying to…

Ripple Price (XRP) Hesitates But Further Gains Seem Likely

Ripple price corrected lower recently and tested the $0.2450 support area against the US dollar. The price is currently climbing higher and is trading nicely above the $0.2500 level. There is a key bullish trend line forming with support near $0.2480 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely to continue higher and it might soon test the $0.2620 or $0.2650 resistance area. Ripple price is slowly rebounding above $0.2500 against the US Dollar, while bitcoin is consolidating. XRP price is likely…