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Showing posts with the label ethereum price

Bitcoin, Ethereum Eye Major Pullback Risk, Tips Bloomberg Analyst

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Also Read: SEC Caused Untold Harm To US; Coinbase CEO After MiCA Approval advertisement Bitcoin Price To Decline More Ahead Mike McGlone, Senior Macro Strategist at Bloomberg Intelligence stated Bitcoin (BTC) and Ethereum (ETH) may be running into a wall of resistance ahead. However, Bitcoin price went surged over the $30K level to encounter multiple resistance. Same with ETH, the second largest crypto price breached the $2K level but faced multiple resistances there. Bloomberg Analyst is still bullish on the biggest of the cryptos in the long term. Meanwhile, a force generated by the dropping stock market in accordance with the tightening Federal Reserve policies leading to recession holds the potential to lower the tide for all the risk assets. He marks Bitcoin and Ethereum among the riskiest assets. The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USD...

Bitcoin reaches $30K — Is this the start of the next bull run?

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Bitcoin’s rise to $30,000. This week on The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Bitcoin (BTC) breaking through the $30,000 mark, setting a new high for 2023. He also covers Tether blacklisting a validator and whether Ethereum’s latest upgrade could bring institutional investors to Ethereum. Bitcoin hits $30K to mark highest price since June 2022 Bitcoin has hit price highs not seen since mid-2022, with the largest crypto by market cap touching $30,000 and setting a new high for 2023. According to CoinGecko data, Bitcoin has slightly surpassed $30,000 and is at nearly $30,190 at the time of writing, a price it hasn’t reached since June 10, 2022. In the last 30 days, BTC recorded gains of nearly 46%, rising to its highest level in 10 months on April 11. Some analysts predicted that it would regain its $30,000 price tag as traders await the United States Consumer Pr...

Top-five most Googled cryptocurrencies worldwide in 2022

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Bitcoin remains the most-searched cryptocurrency in 2022 by far thanks to its top-brand status and being in a league of its own when it comes to decentralization. Cryptocurrencies have suffered immensely in 2022 from the onslaught of a hawkish Federal Reserve and the implosions of crypto platforms FTX, Terra, Celsius Network, and others. What were the most-searched cryptocurrencies in 2022? Notably, the market valuation of all the cryptocurrencies combined has dropped 70% year-to-date (YTD) to nearly $770 billion, signifying massive capitulations by traders and investors alike. The waning demand has also pushed the internet requests fo6r the keyword "buy cryptocurrency" to their lowest since February 2020, according to Google Trends. Interest in the  the keyword "buy cryptocurrency" over the past five years. Source: Google Trends Nonetheless, the latest Accenture's 2022 Global Consumer Payments report shows that retail interest in cryptocurrencies remains high ...