Cryptocurrencies surged after New York open following reports that Walmart would accept Litecoin [Video]


Cryptocurrencies surged just after the New York open following reports that the US Walmart chain would accept Litecoin as a payment.

Bitcoin surged to highs around $47,000, but the report was subsequently confirmed as fake and coins plunged once again with bitcoin lows below $43,500.

Volatility eased later in the session with a corrective recovery. Markets were still notably cautious over the overall regulatory environment, but bitcoin edged higher to above $45,000 on Tuesday.

Ether also spiked to highs near $3,400 before a slide to below $3,200 and consolidation below $3,300 on Tuesday.

Trading carries a high level of risk to your capital. Losses can exceed deposits. Please read the full risk warning here.Trading spot foreign exchange and futures on margin carries a high level of risk and may not be suitable for all investors. You may lose all your capital. Loses can exceed deposits. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in spot foreign exchange or futures you should carefully consider your investment objectives, level of experience, and risk appetite. If you are in any doubt about investment or the mechanics of such products, you should seek independent financial advice

Cryptos feed

Latest Crypto News


Latest Crypto News & Analysis

Editors’ Picks

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets take off without clear goals

Bitcoin price suffered two fatal blows, one on September 7 and another from September 19 to September 21. These two downswings pushed the big crypto down to a critical support floor.

More Bitcoin News

DOGE price explodes following massive spike in Dogecoin and Shiba Inu holders

Dogecoin and Shiba Inu have increased in popularity over the past few weeks. The SHIB community continues to petition for the memecoin’s listing on Robinhood, the commission-free exchange. 

More Dogecoin News

XRP price to breakout by 25% to the upside

A brief technical and on-chain analysis on XRP price. Here, FXStreet's analysts evaluate how Ripple behaves as it trades above support.

More Ripple news

VeChain Price Forecast: VET bulls charge ahead for 25% gain

VeChain price (VET) witnessed a flash crash for the second time in September as Bitcoin and the cryptocurrency market at large tumbled on September 19 and September 20.

More VeChain News

BEST CRYPTO BROKERS/EXCHANGES



Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast

BTC

ETH

XRP