Cryptocurrencies Price Prediction: Bitcoin, Ethereum & IOTA – European Wrap 21 April
Bitcoin Price Analysis: BTC/USD resilient in the face of dramatic oil collapse into the negative territory
While WTI crude oil futures went into negative territory in an unprecedented market crash, Bitcoin remained relatively stable. The first digital coin lost about 4.5% of its value in the recent 24 hours and retreated below $7,000 amid worsened sentiments on the global markets, but the general trend remains bullish.
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Ethereum Price Analysis: ETH/USD jumps off from the upside trend line, $200.00 still on bulls' radar
Ethereum hit the intraday low at $169.82 during early Asian hours only to recover to the area above $174.84. At the time of writing, ETH/USD is changing hands at $171.00. Despite the recovery, ETH is still down 5% on a day-to-day basis. Ethereum's market value is registered at $19.1 billion, while an average daily trading volume settled at $20.0 billion.
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IOTA Market Update: IOT/USD grinds to the pivotal $0.16 level, targets $0.18
IOTA is among the most improved cryptocurrencies on Tuesday following a retreat from the current pivotal level at $0.16. The month of April has been kind to the digital asset as the bulls pull away from the lows hit in March around $0.0766.
Author
FXStreet Team
FXStreet
