Price Point: The total crypto market capitalization has fallen below the $1 trillion mark. Also, bitcoin’s 200-week moving average multiple, a critical level of support used to determine an overall long-term market trend, is suddenly trending down.
Market Moves: Ethereum Merge drama continues as traders pile out, then back in. CoinDesk's Jimmy He looks at what traders are doing.
Over the last seven days, BTC is still down 10% and ETH by 12%. This has pushed the overall market capitalization to below the $1 trillion mark.
The one-day Heiken Aishi (average bar) candles called a reversal this week as the open/close spread is very tight.
Some analysts are expecting the upcoming Merge, a major milestone for the second-largest blockchain, Ethereum, to have a positive impact on the crypto market as a whole, while others are saying it will have little effect on price.
“A short-term rally towards $1.2 trillion is plausible, but I would expect the market to keep being range-bounded going into...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...