‘Synchronous rout’: experts name the reasons for Bitcoin’s fall
ForkLog spoke to experts about what’s influencing Bitcoin’s price today and how prolonged the current correction may be.
‘Synchronous rout’: experts name the reasons for Bitcoin’s fall
ForkLog spoke to experts about what’s influencing Bitcoin’s price today and how prolonged the current correction may be.
Bitcoin dominance slips below the 50% mark
According to CoinGecko data, Bitcoin's dominance index fell to 48.57%. It last stood at that level in late March 2019.
Experts assess prospects for the altcoin season
The cryptocurrency market has ended a short-term correction and is now set for a rally. ForkLog asked experts whether an altseason has begun, which assets look most promising, and how they could influence Bitcoin's price.
Analyst forecasts the duration of the altcoin season
The current market situation is described by Vladimir Kavetsky, an analyst at Nanny Ventures.
Cardano rises about 21% after Coinbase listing announcement
The price of Cardano (ADA) cryptocurrency rose about 21% following Coinbase's announcement of the forthcoming listing. According to CoinGecko, at the time of writing the token trades at $1.28.
MarsCoin surges 2,500% after Elon Musk tweets
Tesla and SpaceX founder Elon Musk agreed to name his own digital currency MarsCoin if such a coin were issued, triggering a sharp rise in the price of the similarly named altcoin. According to CoinMarketCap, the MARS token jumped from $0.10 to $2.50 within an hour.
Coin Metrics: No New All-Time Highs for Altcoins Signal Market Maturity
Bitcoin is consolidating near a new all-time high, but the vast majority of popular altcoins have price records well behind. Coin Metrics analysts see this as a healthy state for the cryptocurrency market, with no signs of a 'bubble'.
Opinion: Altcoins Are Best Played When Bitcoin Is in a Range
During a Bitcoin bull run, altcoins are not worth paying attention to. This was stated by Andrey Velikiy, the director of business development at paytomat.com, during the online conference 'Bitcoin 2020: New Horizons' on ForkLog's YouTube channel.
Bitcoin price sinks below $17,000
Bitcoin's price decline accelerated over the past 24 hours. Bitcoin traded below $18,000.
Ripple CTO David Schwartz loses $300,000 on obscure altcoins
The Ripple CTO David Schwartz discussed failed investments in obscure altcoins. He said the losses exceeded $300,000.We use cookies to improve the quality of our service.
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