marketupdate

Crypto Market Update Bitcoin and Ethereum Face Key Tests Amidst Ripple's Correction

Crypto Market Update Bitcoin and Ethereum Face Key Tests Amidst Ripple's Correction

Bitcoin (BTC) is showing signs of consolidation above key support levels after a sharp correction last week. Ethereum (ETH) is consolidating sideways and is currently testing the bottom end of this consolidation range. At the same time, Ripple’s XRP has dropped below its 50-day Exponential Moving Average (EMA) support, raising...

Trump's China Deal & Cooling CPI: ETH Rockets Past $2,800!

Trump's China Deal & Cooling CPI: ETH Rockets Past $2,800!

The crypto markets are hopping, with Ethereum driving the excitement, shooting up over $2,800. Miles O’Connor, a keen observer of altcoin economics, breaks down the key factors fueling this rally: a potential de-escalation in US-China trade tensions and softer-than-expected CPI data signaling easing inflation. Both of these positive movements have...

Upbit Listing Sparks Significant Rally for WalletConnect Token

Upbit Listing Sparks Significant Rally for WalletConnect Token

Upbit, South Korea’s popular cryptocurrency exchange, today became the first exchange to announce a listing of WalletConnect (WCT). Even despite these speculative factors, the announcement itself has already triggered a massive pumping of the token’s price. This implementation marks another step forward in the growing adoption of WCT, the native...

Ethereum Eyes Breakout as Triangle Pattern Emerges

Ethereum Eyes Breakout as Triangle Pattern Emerges

Ethereum is still consolidating in a symmetrical triangle on the hourly chart, suggesting an incoming Ethereum price breakout. This consolidation, in tandem with important on-chain activity, has contributed to a greater sense of curiosity about Ethereum’s direction.The Ethereum cryptocurrency is currently trading at $1,666, with a marketcap trading volume of...