Ethereum Watch

Altcoins have always exhibited a strong correlation with Bitcoin and tend to follow its price movement religiously. Since the start of the month altcoins once again seemed to have followed Bitcoin’s slight downward trend. Advertisements Source: Coinstats Advertisements At press time, Bitcoin was being traded at $9667 and had registered a 24-hour volume of $7.8 […]

The usual norm for the crypto-market is that altcoins follow the lead of Bitcoin, the world’s largest cryptocurrency. That is the case at the time of writing as well, owing to not only BTC’s significant market share, but the alts’ correlation with it as well. However, the effect of the same was inconsistent across the […]

Bitcoin’s price recently bounced off the crucial $9,500-support which drove the collective cryptocurrency market to a mild upswing. The market cap for the coin rose to $269.5 billion while Bitcoin’s dominance at 65.2%. Following this, many altcoins were observed to be showing significant strength. Advertisements Source: CoinStats Advertisements Ethereum: Source: ETH/USD on TradingView Despite delays […]

In the beginning of May, Ethereum, Monero, and Dash dropped by more than 10%. However, over the course of the month, all three coins have recorded a significant amount of gains and as per analysis, the coins continue in this trajectory. Advertisements Ethereum Advertisements Source: ETH/USD, TradingView After the 12% drop at the beginning of […]

The cryptocurrency market underwent a decline which drove the collective market cap to $246 billion, at the time of writing. Following this, Bitcoin fell below $9,000-mark while its dominance also took a minor plunge to 65.6%. Advertisements Source: CoinStats At press time, BTC was being traded at $8,797 after a slump of 5.06% over the […]

While Ethereum and Digibyte show bearish scenario, Litecoin is in preparations for its surge regardless of how small it is. The most bearish coin at the time of writing was Digibyte with price decline ranging from 10-30%. Advertisements Litecoin LTCUSD TradingView Litecoin was once the fourth-largest cryptocurrency, however, at press time, it is the 7th-largest. […]

Following a brief period of sustained losses as Bitcoin continued on its downtrend below $9k, it would now seem that on the back of the king coin’s recovery, much of the market is doing the same. However, the impact of Bitcoin’s steady recovery hasn’t been uniform across all the market’s altcoins as while some like […]

The charts of the cryptocurrency market have been reflecting the distinct impact of sudden price movement all across the altcoin market. While the price of some altcoins spiked, others were quick to enter the bearish zone again. Advertisements Ethereum [ETH] Source: ETH/USD on TradingView Advertisements The second-largest cryptocurrency in the market, Ethereum [ETH] has been […]

After an impressive streak above the $200-level, the world’s largest altcoin, Ethereum saw a sharp decline as it dropped close to $180, a level that had been acting as strong support. But there could be a potential upside revival in the offing as the coin appeared to be preparing for a bullish momentum in the […]

Following Bitcoin’s lead, Ethereum prices dipped on 10 May by a whopping 14% in an hour. This took the value of the second-largest digital asset from $210.06 to $180.01. This sudden dip in the price of ether painted a bearish picture highlighted in its derivatives market. Advertisements Ethereum’s options market noted the 25-d skew reporting […]