Are Small Cap Crypto Assets Rebounding A Sign Risk Appetite Returning?
The crypto market just saw some slight recovery, but the performances are upside down. Opposite to the way sellouts usually play out, the Bitcoin dominance dropped dramatically as the asset is underperforming the Small Cap index. From last November’s $3 trillion market cap, the crypto market is now down to around $800 billion: Smaller Altcoins Make A Strong Comeback Last week the crypto market saw its bottom, followed now by some slight recovery. As per Arcane Research’s latest weekly report, the smaller altcoins have also been seeing red numbers with the Small Cap index....
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Bitcoin remains in the red with a 10% loss over the past week. The number one crypto by market cap has been consolidating at its current levels after a massive crash too it to a multi-year low of $17,500. Related Reading | Are Small Cap Crypto Assets Rebounding A Sign Risk Appetite Returning? At the time of writing, BTC’s price trades at $20,400 with sideways movement in the last 24 hours. As many outlets have been reporting, Bitcoin miners have been reducing their BTC holdings. This has contributed to the selling pressure and to BTC’s price plunging to its current levels from the....
The crypto market has seen its returns over the last month wiped away in a matter of days. While the market was pumping, cryptocurrencies in the space were returning double-digit gains, with the investor sentiment rapidly growing with it. However, with bitcoin’s rejection at $25,000, the entire market had seen a swift downtrend. Now, investor sentiment has worsened, and the digital assets which had enjoyed the period of growth are now in the red. Crypto Indexes Lose Gained Value Back at the beginning of August, when the crypto market was recovering, all indexes in the space had seen....
In times when the global economy is reeling from the brunt of the ongoing Trump-inflicted trade war, there’s one asset that has outperformed everything. It’s Fartcoin ($FARTCOIN), an AI agent-based meme coin launched in October last year. $FARTCOIN has surged by more than 350% since March 10 and over 90% since just the last week. What’s more, its market capitalization now stands at a whopping $877M. Read on to know how this surge in $FARTCOIN is a very positive sign for the crypto industry. We’ll also list down three of the best meme coins that can follow in $FARTCOIN’s....
According to crypto analyst and trader Alessio Rastani, Bitcoin will finalize its upward trajectory toward $100,000 in the next few months. Trader and cryptocurrency analyst Alessio Rastani believes Bitcoin (BTC) is entering the final stage of the current bull market, which will propel the leading cryptocurrency to a $100,000 price target. To explain his prediction, Rastani cited the Elliott Wave Theory, which divides upward price trends into five waves. Rastani believes we have entered the final wave of a bull trend that started at the beginning of 2019 and that should see its top at some....
Bitcoin emerged victorious in the week that saw its safe-haven rival Gold taking a dip amid decreasing investors' appetite for risk-off assets.