Cryptocurrency News Today TheBitTimes.com

As the majority of assets in the cryptocurrency sector nears the end of another week in the red, the market’s total capitalization has declined over $400 billion in just seven days, led by the industry’s representative, Bitcoin (BTC), which is trading in the $61,000 area. Specifically, the crypto market has dropped from $2.65 trillion on April 11 to the current $2.24 trillion, which equals a loss of a whopping $410 billion or 15.47% in a single week, according to the most recent chart data retrieved by Finbold from the crypto analytics platform CoinMarketCap on April 18. Total crypto market cap 7-day chart. Source: CoinMarketCap Why is crypto market down? So, why is the crypto market down? Notably, one of the reasons could be the escalating geopolitical tensions around the world, particularly in the Middle East – between Israel and Iran – which have sent fears across the globe and the market s tumbling amid investor panic and sell-offs. Picks for you AI p...

Although many assets in the cryptocurrency sphere are starting to slow down their bullish gains, including Bitcoin (BTC), the flagship decentralized finance (DeFi) asset is flashing some massively optimistic signs that suggest the possibility of an explosive comeback. As it happens, the maiden crypto asset is showing a bullish pennant on its four-hour chart , following a surge that marked its first flagpole, and suggesting the second flagpole “could spike real fast” in a bullish moment, according to the observations by crypto analyst Trader Tardigrade on March 12. Bitcoin H4 bullish pennant. Source: Trader Tardigrade Indeed, the expert has identified a continuation chart pattern represented by two trendlines that will eventually meet and which formed after Bitcoin experienced a strong upward movement followed by consolidation before the trend continues in the same, upward direction. Picks for you Is the Fed’s anti-inflation policy working? 2 hours ago $1000 inv...

Bitcoin (BTC) has garnered unprecedented attention from the crypto community recently, more so than is typically the case. The world’s foremost cryptocurrency recently saw the approval of the very first spot BTC exchange-traded funds (ETFs) in January, has been leading a multi-stage crypto market rally since October 2023, and is bound for its halving event in two months’ time. On top of these, the last few weeks saw Bitcoin surge and, despite a brief decline in the wake of the latest CPI report, cross above $1 trillion in market cap and above $52,000 per coin. Such a sudden rise caused many to wonder if the cryptocurrency can continue climbing to the halving itself – an event that historically saw massive increases in Bitcoin’s price – or if a correction, perhaps to as low as $36,000, is inbound. Picked for you R. Kiyosaki predicts ‘gold is going to crash below $1,200’ 1 hour ago XRP attracts over $1 billion in bullish daily sprint 1 hour ago How m...

Investors are actively seeking profitable opportunities in the crypto market, which has been experiencing a bullish trend. On June 17, 2023, an analysis of the daily charts for dogecoin (DOGE) and tradecurve (TCRV) revealed that they are firm. If this momentum continues, these coins may soar and register new highs. Let’s look closer at why analysts expect these tokens to perform well. >>Buy TCRV token s now<< Dogecoin pattern bullish on the daily chart Dogecoin gained significant popularity as one of the early meme-inspired cryptocurrencies. Despite its initial slow start and low value, it has attracted a large and passionate community of supporters. This community has played a crucial role in driving the value of DOGE forward. You might also like: Polygon price in red, PEPE surges, and tradecurve shows bullish patterns Several notable celebrities, including Elon Musk, the CEO of Tesla; continue to support DOGE. The recent surge in celebrity endorsements and ...