Bitcoin bulls struggle to push BTC price above $50,000 while ADA, MATIC and other large-cap altcoins realize double-digit gains.
Rising fears of inflation and big government spending rocked equities markets and possibly had a knock-on effect on Bitcoin and altcoin prices.
YFI, EOS and REV notched double-digit rallies as altcoins capitalized on the oversold bounce in Bitcoin and Ethereum price.
Ethereum and Dogecoin hit new highs as investors brace for Elon Musk’s SNL debut and Bitcoin bulls push the price closer to $60,000.
EOS, LTC, ETC and ETH are just a few of the altcoins that chased after new multi-year highs as layer-1 projects saw an increase in trading volume.
Bitcoin remains pinned below $58,000 while Ethereum price soars to new highs and the number of ETH held on centralized exchanges falls.
Altcoins moved toward new highs and Bitcoin price rallied above $57,000 shortly after today’s uneventful $4.2 billion monthly options expiry.
Bitcoin price is clinging on to $53,000 while Ethereum’s increasing bullish momentum prompted renewed discussions of an ETH flippening.
Ethereum’s new all-time high, a drop in Bitcoin’s dominance rate and overhead resistance at $55,000 have analysts predicting that an altcoin season is at hand.
A quick short squeeze catapulted Bitcoin price above $54,000 and a handful of altcoins rallied to new all-time highs.