• Latest
  • Trending
Bitcoin, Ethereum, Dogecoin Head Lower Heading Into Christmas Week: Analyst Says Traders Gravitating Toward These Coins Instead – Bitcoin – United States Dollar ($BTC)

Bitcoin, Ethereum, Dogecoin Head Lower Heading Into Christmas Week: Analyst Says Traders Gravitating Toward These Coins Instead – Bitcoin – United States Dollar ($BTC)

December 20, 2021
Bitcoin Price Today Rises Near $48,000; Ether, Cardano Slightly Up, Know Crypto Rates

Bitcoin Price Today Rises Near $48,000; Ether, Cardano Slightly Up, Know Crypto Rates

January 5, 2022
BitYard Integrates 80+ Chainlink Price Feeds for Enhanced Price Accuracy and Stability – Press release Bitcoin News

BitYard Integrates 80+ Chainlink Price Feeds for Enhanced Price Accuracy and Stability – Press release Bitcoin News

December 20, 2021
Here’s what global CEO’s think about cryptocurrency

Millennial millionaires plan to make more cryptocurrency investments in 2022: Survey

December 20, 2021
Tesla Motors, Inc. (NASDAQ:TSLA), Dogecoin – United States Dollar (CRYPTO:$DOGE) – Elon Musk Says This Is How Much He Would Pay In Taxes This Year

Tesla Motors, Inc. (NASDAQ:TSLA), Dogecoin – United States Dollar (CRYPTO:$DOGE) – Elon Musk Says This Is How Much He Would Pay In Taxes This Year

December 20, 2021
Former Argentina President Calls Ethereum Most Innovative Technology

Former Argentina President Calls Ethereum Most Innovative Technology

December 20, 2021
DeFi protocol Grim Finance lost $30M in 5x reentrancy hack

DeFi protocol Grim Finance lost $30M in 5x reentrancy hack

December 20, 2021
Need to Explain #Litecoin at #Thanksgiving? – Latest Tweet by Litecoin

@LinkSemper – Latest Tweet by Litecoin

December 20, 2021
BREAKOUT COMNG SOON! – RIPPLE XRP PRICE PREDICTION! – RIPPLE XRP 2021 – RIPPLE ANALYSIS

BREAKOUT COMNG SOON! – RIPPLE XRP PRICE PREDICTION! – RIPPLE XRP 2021 – RIPPLE ANALYSIS

December 20, 2021
An LTC Move Back to $150 Should Support ETH and XRP

An LTC Move Back to $150 Should Support ETH and XRP

December 20, 2021
Avalanche eyes 60% rally as AVAX price breaks out of bull flag

Avalanche eyes 60% rally as AVAX price breaks out of bull flag

December 20, 2021
Travel Co Travala.com Accepts Bitcoin Payments

Travel Co Travala.com Accepts Bitcoin Payments

December 20, 2021
Puerto Rico plans to combat corruption with blockchain

Puerto Rico plans to combat corruption with blockchain

December 20, 2021
Whales Control 94% of All ADA Supply | Only 10% of Wealthiest Cardano Addresses

Whales Control 94% of All ADA Supply | Only 10% of Wealthiest Cardano Addresses

December 20, 2021
Breaking down Resistance at $48,500 Remains Key for the Bitcoin (BTC) Bulls

Breaking down Resistance at $48,500 Remains Key for the Bitcoin (BTC) Bulls

December 20, 2021
City employees could see cryptocurrency payroll conversion options next year, first in nation

City employees could see cryptocurrency payroll conversion options next year, first in nation

December 20, 2021
Tuesday, May 17, 2022
The Crypto Dirt
  • Home
  • Cryptocurrency
  • Blockchain
  • DeFi
  • NFT
  • Bitcoin
  • Ethereum
  • Altcoins
    • Cardano
    • XRP
    • Litecoin
    • Chainlink
  • Shit Coins
    • Dogecoin
  • Exchanges
No Result
View All Result
No Result
View All Result

Bitcoin, Ethereum, Dogecoin Head Lower Heading Into Christmas Week: Analyst Says Traders Gravitating Toward These Coins Instead – Bitcoin – United States Dollar ($BTC)

by TheCryptoDirt.com
December 20, 2021
in Dogecoin
0

[ad_1]

Main cash traded largely flat because the weekend drew to an in depth, with the worldwide cryptocurrency market cap down barely over 24 hours at $2.18 trillion at press time Sunday night.

What Occurred: Bitcoin (CRYPTO: BTC) traded 0.49% decrease at $46,538.64 over 24 hours. For the week, the apex coin has fallen 6.65%.

The second-largest coin by market cap, Ethereum (CRYPTO: ETH), was down 0.79% at $3,918.13 over 24 hours. Over a seven-day interval, Ethereum has fallen 4.45%.

Dogecoin (CRYPTO: DOGE) declined 2% to $0.17 over 24 hours. Over the past seven days, the meme coin inched down 0.37%.

DOGE-rival Shiba Inu fell 3.04% to $0.00003055 over 24 hours. Over seven days, it has plunged 16.12%.

The highest three gainers over 24 hours, as per CoinMarketCap information, had been Decred, Concord, and Arweave.

Decred shot up 24.84% to $83.24, Concord gained 18.7% to $0.2478, whereas Arweave was up 12.75% at $58.84 within the interval.

See Additionally: How To Buy Bitcoin (BTC)

Why It Issues: Cryptocurrency dealer Lark Davis tweeted Sunday that the cryptocurrency market is “going to start out behaving like tech shares.” 

The #crypto market goes to start out behaving like tech shares.

Plenty of early volatility, then we begin to see principally up solely (with turbulence) because the consumer bases proceed to develop. For reference Amazon hasn’t seen any drawdowns over 40% since 2011!!!!

Crypto is maturing pic.twitter.com/I5GAnqTwgg

— Lark Davis (@TheCryptoLark) December 19, 2021

Davis gave the instance of shares of Amazon.com, Inc (NASDAQ:AMZN), which he stated hasn’t seen any drawdowns over 40% since 2011.

Even so, short-term technicals aren’t indicating cheer going into the Vacation Season, in accordance with Delphi Digital.

“Sentiment is dire, momentum is weak, and all this speak about inflation and coverage uncertainty has us eager for optimism wherever we will discover it,” the unbiased analysis boutique wrote in an emailed be aware.

An instance of coverage uncertainty was seen on Friday when the Central Financial institution of Russia Governor Elvira Nabiullina urged the nation could ban Bitcoin and other cryptocurrencies, stating important dangers for retail buyers and inherent volatility.

As for momentum, going into the weekend merchants had been “hesitant to purchase the dip,” in accordance with Edward Moya, a senior market analyst at OANDA.

“Many merchants are gravitating to different cash similar to Avalanche, Solana, Polkadot, and Hedera.  If the main target primarily falls on altcoins initially of subsequent 12 months, it might take Bitcoin a very long time to return again to report excessive territory,” famous Moya, in a be aware seen by Benzinga.

In the meantime, long-term held or misplaced BTC has reached a excessive prior to now 11 months and accounts for 34.45% of the availability of the apex coin, as per Colin Wu, a journalist.

In response to glassnode, the variety of long-term held or misplaced BTC reached a excessive level prior to now 11 months, accounting for about 34.45% of the whole BTC provide. pic.twitter.com/bFltewN1AB

— Wu Blockchain (@WuBlockchain) December 19, 2021

Learn Subsequent: MicroStrategy CEO And Bitcoin Bull Michael Saylor Says Company Could Generate Huge Income From Its Bitcoin Holdings



[ad_2]

Source link

YOU MAY ALSO LIKE

Tesla Motors, Inc. (NASDAQ:TSLA), Dogecoin – United States Dollar (CRYPTO:$DOGE) – Elon Musk Says This Is How Much He Would Pay In Taxes This Year

Dogecoin fell over 5 %, Binance Ties With Indonesian Telco To Form Crypto Exchange

Tags: AnalystBitcoinBTCChristmasCoinsDogecoindollarEthereumGravitatingheadingStatestradersUnitedweek
ShareTweetShare

Search

No Result
View All Result
  • Privacy & Policy
  • About Us

© 2021 The Crypto Dirt  

No Result
View All Result
  • About Us
  • About Us
  • Attribution
  • Contact
  • Contact Us
  • Exchanges
  • Home
  • NFT
  • Privacy & Policy
  • Shit Coins

© 2021 The Crypto Dirt