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Day: June 8, 2024

Ethereum Drops Below 4-Hour SMA: Analyzing The Impact

cryptocurrency June 8, 2024

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently seen its price fall below the 4-hour Simple Moving Average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour SMA is often used to gauge short-term market momentum. Advertisements When a cryptocurrency’s price drops below this moving average, it can signal […]

Litecoin Overtakes Ethereum In This Metric – What’s Happening?

cryptocurrency June 8, 2024

The price of Litecoin (LTC) has had a disappointing performance in the second quarter of 2024, despite making a positive start to the year. The cryptocurrency has been facing significant bearish pressure in the past day, with its price falling by nearly 5% in a single move. Advertisements Despite LTC’s apparent struggles in terms of […]

Bitcoin, Ethereum lead May’s NFT scene amidst sales dip – How?

cryptocurrency June 8, 2024

During the last seven days, BTC’s NFT sales volume declined by 4%. Weekly price charts of both coins remained green. Bitcoin [BTC] and Ethereum [ETH], two of the largest blockchains, continued to dominate the NFT market in May. Advertisements Although at first glance this looked optimistic, closer inspection revealed that both ETH and BTC’s NFT […]

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