Bitcoin and Ethereum Correct Gains, SHIB and XRP Pause Too
Bitcoin price extended increase above the USD 44,000 level and even spiked above the USD 45,000 resistance zone. It is currently (11:58 UTC) correcting gains near USD 43,900. Similarly, most major altcoins are also corre...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin price extended increase above the USD 44,000 level and even spiked above the USD 45,000 resistance zone. It is currently (11:58 UTC) correcting gains near USD 43,900.
Similarly, most major altcoins are also correcting gains. ETH spiked above USD 3,200 before it started a downside correction. XRP rallied above USD 0.90 and is now consolidating gains. ADA is testing the USD 1.20 support again.
Total market capitalization...
Read More: Bitcoin and Ethereum Correct Gains, SHIB and XRP Pause Too
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Ethereum surges above $2,300, adding $47B in market value in just two days
Ethereum's surge highlights the growing institutional interest and potential volatility due to concentrated staking, impacting fut...
Bitcoin flashes 8 capitulation signals, but traders just spent $552 million protecting against another crash
Bitcoin is showing some of the strongest capitulation signals of the current downturn, suggesting the selloff may be entering a la...
Chart of the Day – Is It Time to Buy Bitcoin?
Veteran technical analyst Dave the Wave posted a Bitcoin chart to X with a characteristically restrained caption: “Yeah baby…” Yea...
Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed
Bitcoin ran from around $64,100 to nearly $70,000 within hours on Aug. 19, once the US Treasury unexpectedly doubled its planned b...
ZEC, SOL, and XRP Rally as Ethereum Breaches $2,000
Ethereum broke above $2,000 for the first time in over two months, peaking at $2,112 following a U.S. Treasury announcement to dou...
Strategy Just Stopped Bitcoin News: Is the Market’s Biggest Corporate Bid Gone for Good?
In the latest Bitcoin news, Strategy held its bitcoin position flat at 840,447 BTC through the week ended Aug. 16, according to a...