Since the last wMarket report on Friday, the cryptocurrency market saw net outflows of $0.43 billion and currently stands at $1.12 trillion — down 0.04% from $1.12 trillion. Since May 19, the Bitcoin (BTC) and Ethereum (ETH) market caps fell 0.01% and 0.5% to $520.14 billion and $218.57 billion, respectively. The top 10 crypto assets…
Bitcoin creeps back over $40K, with buying pressure from long-term hodlers
Bitcoin returned above $40,000 on February 4 after a near 6% drop a couple of days before, and BTC is trading up 8.3% on the week. The market has turned bullish, however, the Bitcoin Fear and Greed Index is still pointing to extreme fear. Bitcoin’s selling pressure seems to have diminished as the premier cryptocurrency…
ETH down 33 percent since ATH, traders buying the dip
Ether, the native token of the Ethereum platform, and the second-largest digital asset by market cap, has seen a fall of its market value by 33 percent since the latest all-time-high on the 10th of November. In particular, ether’s market value took a big hit in the last 24 hours and went south by about…