Bitcoin and Ethereum Bears Dominate, Major Altcoins Struggle
Bitcoin price attempted an upside break above USD 39,500, but failed. BTC started another decline below the USD 39,000 level and is currently (11:44 UTC) trading near USD 38,700. Similarly, most major altcoins are strugg...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin price attempted an upside break above USD 39,500, but failed. BTC started another decline below the USD 39,000 level and is currently (11:44 UTC) trading near USD 38,700.
Similarly, most major altcoins are struggling to climb higher. ETH failed above USD 2,570 and remains at a risk of more downsides. XRP might decline sharply if it clears the USD 0.75 support. ADA is struggling to stay above the USD 0.78 support.
Total market capitalization...
Read More: Bitcoin and Ethereum Bears Dominate, Major Altcoins Struggle
Why this matters
This ethereum 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
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...
How crypto turned a 68-point deficit into a market lead as Bitcoin and top altcoins outrun the Nasdaq
Bitcoin trailed the Nasdaq 100 by 68 percentage points over the past year, and it has spent the last 60 days turning that deficit...
XRP Price Prediction: XRP Reclaims $1 Support as Whale Transfers Jump 280% and Open Interest Rises
The combination has placed the XRP price at an important technical juncture, although the latest data does not yet establish a con...
Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move
On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised...
SEC’s $75M Reg Crypto Plan Could Ignite Token Fundraising on Ethereum, Solana, BNB
Key Takeaways: Regulatory agencies proposed Reg Crypto for clearer guidelines on token fundraising. Grayscale believes there is up...
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...