Tags : reasons

Cryptocurrency

Cardano (ADA) broke $3 today. Here are the top reasons

Cardano (ADA) crossed the $3 mark for the first time in its history this morning, reaching a marketcap of as much as $99.6 billion at press time and frenzied activity on social mediums. The move came as smart contracts—a self-executing contract with the terms of the agreement between buyer and seller being directly written into […]Read More

Bitcoin

Calls for Bitcoin Breakout Above $50,000 Grow; 3 Reasons Why

A recent runup in the Bitcoin market has prompted many analysts to see BTC/USD pair closing above $50,000 in the coming daily sessions. The market strategists see the pair doing extensively well despite the sell-off that crashed its prices by more than 21 percent last week—its worst weekly performance since March 2020. This renewed optimism […]Read More

Market

3 Reasons Why Bitcoin’s Price Just Fell by $3K

Bitcoin saw a significant drop early on Monday, soon after it had looked primed for a convincing move above $50,000.  The top cryptocurrency slipped from nearly $49,000 to $45,926 during the early Asian hours and was last seen changing hands near $47,790 – down 1.8% on the day, according to CoinDesk 20 data.  The decline […]Read More

Bitcoin

3 Reasons Why Bitcoin Could Retest $40,000 All Over Again

Bitcoin remained under a selling pressure this Thursday as its price fell by another 1.5 percent. The benchmark cryptocurrency touched an intraday low of $34,200, making a higher high after falling below the key $34,000-support level in the previous session. Its plunge majorly appeared due to profit-taking sentiment among traders and investors primarily after the […]Read More

Altcoin

3 Reasons Why XRP is Unlikely to Benefit From Ongoing

Despite the fact that all eyes have been on Bitcoin as of late, the hype around a rally in XRP and other altcoins has grown over the past few weeks. After all, Ethereum has embarked on an extremely strong rally against BTC over the past few weeks, retaking support level after support level on the […]Read More