Bitcoin price recovered above USD 50,000, but it is struggling to clear USD 52,000. Ethereum is showing positive signs above USD 1,600, XRP must clear USD 0.500 for upside continuation. FTM rallied over 50%, and STX climbed sharply to test USD 1.00.
“Extreme” ethereum (ETH) selling caused yesterday’s flash crash on Kraken, according to Jesse Powell, the chief executive officer and co-founder of the crypto exchange giant.
The vast majority of Ethereum miners are unlikely to protest EIP-1559, a proposed change to Ethereum’s ‘crazy high’ fee market that would potentially cut a fair share of miners’ revenue, according to popular crypto analyst Hasu and Georgios Konstantopoulos, Research Partner at Paradigm, a cryptoasset investment firm.
Bitcoin price extended its correction below the USD 54,000 support. Ethereum broke the USD 1,850 support, and the XRP rally quickly faded. CRO outperformed and rallied over 75% to trade above USD 0.250.
The two largest cryptoassets, bitcoin (BTC) and ethereum (ETH), are on their journey of discovering new all-time highs.
Bitcoin price corrected gains, but it remained above USD 50,500. Ethereum might climb to a new all-time high above USD 1,925, XRP declined after it failed to surpass USD 0.550. BNB extended its rise and it almost tested the USD 200 level.
“American and European investors” are moving their mining operations from China, Africa and Latin America to Russia, per claims from the Russian mining giant BitRiver.
Bitcoin price climbed above USD 51,000 and traded to a new all-time high. Ethereum might surge above USD 1,850, XRP is approaching USD 0.550. CAKE and IOST rallied over 20%.
Bitcoin price broke the main USD 50,000 resistance zone. Ethereum is holding gains above the USD 1,780 support, XRP is correcting gains from USD 0.585. ATOM gained over 20%, and KSM cleared the USD 200 resistance.