Currencies33170
Market Cap$ 3.14T+2.31%
24h Spot Volume$ 47.38B+5.69%
DominanceBTC61.07%+0.19%ETH7.09%+0.67%
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MainNewsHYPE Shoots ...

HYPE Shoots Up 9% to $20, BTC Price Returns to $95K (Market Watch)


by Jordan Lyanchev
for CryptoPotato
HYPE Shoots Up 9% to $20, BTC Price Returns to $95K (Market Watch)

Bitcoin’s price slipped toward the lower boundary channel of its current consolidation range but managed to bounce off immediately and is now close to the upper one.

Most altcoins continue with sideways action, aside from HYPE and PI from the larger caps, as both have notched impressive gains over the past 24 hours.

BTC Returns to $95K

The primary cryptocurrency broke above $90,000 last Tuesday and hasn’t looked back since. Moreover, it climbed to $96,000 on Friday, which became a two-month high. Thus, it had recovered over $20,000 since the April 7 and 9 lows of under $75,000.

However, the fight between buyers and sellers reached equilibrium at this point as BTC’s price has failed to make a big move in the past week or so. The asset has been stuck in a tight range between $93,000 and $95,000, with very few attempts to break away in either direction.

The past 24 hours saw a price drop to the lower boundary, but that support line held strong, and bitcoin now trades around $95,000 once again. This muted volatility has caused a lot of speculation that BTC is likely to break free soon, with a major move hiding around the corner.

For now, though, BTC’s market cap remains close to $1.890 trillion, while its dominance over the alts is well above 61% on CG.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

HYPE Aims at $20

Most larger-cap alts have mimicked BTC’s performance as of late, with little to no moves in either direction. ETH, SOL, DOGE, TRX, and LINK are with minor gains, while XRP, ADA, BNB, SUI, AVAX, and XLM have seen insignificant losses.

HYPE and PI have notched the biggest gains from the larger caps. HYPE is up to $20 after an 8.5% daily surge, while PI has tapped $0.6 after a 5% increase.

VIRTUAL has exploded by 23% over the past day, followed by CRV and FARTCOIN as both have risen by around 10%.

The total crypto market cap has added over $25 billion since yesterday and is up to $3.075 trillion.

Cryptocurrency Market Overview. Source: QuantifyCrypto
Cryptocurrency Market Overview. Source: QuantifyCrypto

The post HYPE Shoots Up 9% to $20, BTC Price Returns to $95K (Market Watch) appeared first on CryptoPotato.

Read the article at CryptoPotato

Read More

Crypto Market Consolidation Continues as Bitcoin (BTC) Fails to Break Above $95K (Market Watch)

Crypto Market Consolidation Continues as Bitcoin (BTC) Fails to Break Above $95K (Market Watch)

FLOKI has returned to the top 100 alts after a 4.6% daily increase.
TRUMP Token Starts to Crack, Bitcoin Consolidation at $95K Continues (Market Watch)

TRUMP Token Starts to Crack, Bitcoin Consolidation at $95K Continues (Market Watch)

BCH is the top gainer from the larger-cap alts today.
MainNewsHYPE Shoots ...

HYPE Shoots Up 9% to $20, BTC Price Returns to $95K (Market Watch)


by Jordan Lyanchev
for CryptoPotato
HYPE Shoots Up 9% to $20, BTC Price Returns to $95K (Market Watch)

Bitcoin’s price slipped toward the lower boundary channel of its current consolidation range but managed to bounce off immediately and is now close to the upper one.

Most altcoins continue with sideways action, aside from HYPE and PI from the larger caps, as both have notched impressive gains over the past 24 hours.

BTC Returns to $95K

The primary cryptocurrency broke above $90,000 last Tuesday and hasn’t looked back since. Moreover, it climbed to $96,000 on Friday, which became a two-month high. Thus, it had recovered over $20,000 since the April 7 and 9 lows of under $75,000.

However, the fight between buyers and sellers reached equilibrium at this point as BTC’s price has failed to make a big move in the past week or so. The asset has been stuck in a tight range between $93,000 and $95,000, with very few attempts to break away in either direction.

The past 24 hours saw a price drop to the lower boundary, but that support line held strong, and bitcoin now trades around $95,000 once again. This muted volatility has caused a lot of speculation that BTC is likely to break free soon, with a major move hiding around the corner.

For now, though, BTC’s market cap remains close to $1.890 trillion, while its dominance over the alts is well above 61% on CG.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

HYPE Aims at $20

Most larger-cap alts have mimicked BTC’s performance as of late, with little to no moves in either direction. ETH, SOL, DOGE, TRX, and LINK are with minor gains, while XRP, ADA, BNB, SUI, AVAX, and XLM have seen insignificant losses.

HYPE and PI have notched the biggest gains from the larger caps. HYPE is up to $20 after an 8.5% daily surge, while PI has tapped $0.6 after a 5% increase.

VIRTUAL has exploded by 23% over the past day, followed by CRV and FARTCOIN as both have risen by around 10%.

The total crypto market cap has added over $25 billion since yesterday and is up to $3.075 trillion.

Cryptocurrency Market Overview. Source: QuantifyCrypto
Cryptocurrency Market Overview. Source: QuantifyCrypto

The post HYPE Shoots Up 9% to $20, BTC Price Returns to $95K (Market Watch) appeared first on CryptoPotato.

Read the article at CryptoPotato

Read More

Crypto Market Consolidation Continues as Bitcoin (BTC) Fails to Break Above $95K (Market Watch)

Crypto Market Consolidation Continues as Bitcoin (BTC) Fails to Break Above $95K (Market Watch)

FLOKI has returned to the top 100 alts after a 4.6% daily increase.
TRUMP Token Starts to Crack, Bitcoin Consolidation at $95K Continues (Market Watch)

TRUMP Token Starts to Crack, Bitcoin Consolidation at $95K Continues (Market Watch)

BCH is the top gainer from the larger-cap alts today.