Cardano had a significant rally towards $0.355 at the beginning of 2021. After a notable dip to $0.228, bulls bought it and managed to push Cardano price to $0.33 again before a small rejection.
Ethereum bulls bought the dip on January 11, pushing the digital asset from a low of $915 towards $1,256. The smart-contracts giant has been outperforming Bitcoin in the past 24 hours despite the negativity seen on social media.
XLM price trades at $0.291 at the time of writing after a healthy consolidation after hitting a 2021-top at $0.411. There is a high chance that XLM is about to see a massive breakout or breakdown within the next 24 hours.
Bitcoin had a wild run this week, dropping from a high of $41,350 to a low of 30,420 in less than 48 hours. The panic sell-off was stopped on its tracks at the 26-EMA on the daily chart as bulls quickly bought the dip and created a V-Shape recovery pushing BTC towards $40,100 again.
Bitcoin Cash appears to be struggling to hold at $500 in the wake of rejection from highs around $540. A glance at the 4-hour chart highlights increasing overhead pressure. If BCH closes the day under $500, significant downward pressure will come into the picture.
BCH has in the past few days recovered from Monday’s drop to $400. The momentum was built within a rising wedge pattern. The correction from the weekly high at $540 is testing the lower trendline of the pattern. A break below the lower trendline could call for more sell orders as Bitcoin Cash dives toward $400.
Notably, breakdowns usually occur before the trendlines converge.
The year 2020 was perhaps the best for Bitcoin ever,not only because of the price action but also for the massive increase in institutional interest. Currently, Bitcoin market capitalization is $382 billion after the digital asset hit $20,700 for the first time ever.
Describing 2020 remains a daunting task for many people across the globe. From the worldwide COVID-19 pandemic, black lives matter riots/protests in the US, the dramatic US presidential elections, Brexit in the UK and the cryptocurrency market crash...
Ethereum is one of the world's largest cryptocurrency platforms, second only to Bitcoin both in terms of market capitalization and popularity among the industry players. Launched in 2015, the project has evolved into a fundamental pillar and a citadel...
Bitcoin had a wild run this week, dropping from a high of $41,350 to a low of 30,420 in less than 48 hours.
If you’re interested in using virtual coins like Bitcoin, Ethereum, Litecoin or any other out the over 1,500 coins and tokens currently available on the market, you’re going to need a wallet. If you are new to cryptos, this guide is your shortcut to understanding what a cryptocurrency wallet is, how they work and which one suits you best.
27 min Beginners Beginners
Factors to consider when choosing a cryptocurrency exchange The boom of cryptocurrencies resulted in a boom of crypto exchanges. If you search Google for the term, you may drown in offers, and the possibilities seem endless. So how do you find the perfect match?
When choosing a crypto-exchange, there are many factors to consider, factors that will help you narrow down the options and find the best one.
16 min Beginners Beginners
The cryptocurrencies prices are highly volatile compared with the traditional currency pairs and assets in the foreign exchange market due to fluctuations in the interest of the public. This factor is associated with the user and we must add the absence of current regulation and its constant pressure from governments. These factors make the volatility of the digital currencies constant, modifying the Cryptocurrencies Market Prices and affecting values of such cryptocurrencies as Bitcoin, Ethereum, Ripple or Litecoin, among others.
To begin trading in this volatile market it is necessary to be well aware of the market prices of cryptocurrencies. The cryptocurrency investor has to differentiate between Bitcoin and the wide variety of existing Altcoins and should be well informed about their graphs and quotes, as well as the latest news related to these digital currencies.
![Thoughts on Bitcoin price – Now that we've broken $40,000 [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Digital Currencies/Bitcoin/Bitcoin_1_Small.jpg)
