Ethereum Price Dives 20%: ETH/BTC Breakdown The Main Driver

ETH price declined heavily below key supports against the US Dollar and bitcoin. The price broke the key $260, $230 and $222 support levels to register 20% losses. There was a break below a short term declining channel with support near $227 on the hourly chart of ETH/USD (data feed via Kraken). The pair is heading towards the $200 support area, where the bulls may take a stand. Ethereum price fell significantly below $250 and 0.0250 versus the US Dollar and bitcoin respectively. ETH price remains at a risk of…

Bitcoin (BTC) Price Weekly Forecast: Risk of Extended Drop To $8,880

There was a major drop in bitcoin price after it broke the $12,000 support against the US Dollar. The price is currently holding the key $10,800 support area, but it remains at a risk of more losses. There was a break below a key bullish trend line with support at $12,100 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could extend losses towards the $8,880 level if there is a successful break below $10,800. Bitcoin price is holding the key $10,800 support area against…

Libra and Bitcoin Are Apples to Oranges, Messari Founder Says

Jul.12 — Jill Carlson, Slow Ventures principal, and Ryan Selkis, Messari founder and chief executive officer, discuss Facebook Inc.’s plans for a new cryptocurrency and the landscape for cryptocurrencies with Bloomberg’s Joe Weisenthal, Taylor Riggs and Romaine Bostick on “Bloomberg Markets: What’d You Miss?” UCIALMKvObZNtJ6AmdCLP7Lg Source link

Ethereum Price (ETH) Holding Crucial Support: Next Key Break Nearby

ETH price remained in a bearish zone after it settled below the $280 support against the US Dollar. The price declined heavily and recently tested the key support area near the $260 level. There is a crucial bearish trend line forming with resistance near $282 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to recover as long as it is trading above the key $260 support area. Ethereum price is struggling to recover after a massive decline against the US Dollar and bitcoin. ETH…