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Price Analysis April 3: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-3-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 3, 2020 2:19 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

On April 2 the U.S. Labor Department reported that the U.S. weekly jobless claims skyrocketed to 6.6 million. In the previous week, the claims stood at 3.3 million, meaning over the past two weeks the number of laid off American workers seeking unemployment benefits has reached 10 million. If the numbers continue to grow, the government and Federal Reserve is likely to announce another round of stimulus measures.All the money printing is likely to erode the value of the US dollar. In such a case, the investors will search for

Crypto Price Analysis: Bitcoin Cash (BCH), Bitcoin SV (BSV), Litecoin (LTC), Huobi Token (HT), Ethereum Classic (ETC)

Source Node: https://coinfomania.com/crypto-price-analysis-bch-bsv-ltc-ht-and-etc/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-price-analysis-bch-bsv-ltc-ht-and-etc
Time Stamp: April 3, 2020 11:08 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

While the general cryptocurrency market is recording profits over the last 24 hours, Bitcoin Cash (BCH), Bitcoin SV (BSV), Litecoin (LTC), Huobi Token (HT), Ethereum Classic (ETC), are in their bear markets.  The cryptocurrencies have reached the oversold regions of the market. Presently, the altcoins are in bullish momentum recovering from the previous losses. BCH/USD Major Trend: Bearish Bitcoin Cash (BCH) is in a bear market. The bulls have been making concerted efforts to come out of the downtrend. One of the attempts is the breaking of the resistance line

Bitcoin Price Prediction: BTC/USD Bears Run out as Bulls Set Target at $7,200

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-bears-run-out-as-bulls-set-target-at-7200/256279
Time Stamp: April 2, 2020 3:24 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) Price Prediction – April 2The Bitcoin bulls keep on pushing towards the north as the coin has not lost sight of $7,500 despite the rejection of $7,258.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,000, $8,200, $8,400Support Levels: $5,700, $5,500, $5,300BTCUSD – Daily ChartOver the past hour, BTC/USD has continued to rip higher, adding to the 6.76% in gains registered today. The coin is successfully trading above the 9-day and 21-day moving averages. As of the time of writing this article, the cryptocurrency trades for $7,116, the highest

Decoupling? Bitcoin Price Surges Above $6.7K as Stocks Again Bearish

Source Node: https://cointelegraph.com/news/decoupling-bitcoin-price-surges-above-67k-as-stocks-again-bearish
Time Stamp: April 2, 2020 1:56 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Since topping out at $6,500 on March 31, Bitcoin (BTC) price had spent the majority of Wednesday in a steady slump which saw the price drop from $6,494 to $6,147. The pullback mirrored the poor performance in traditional markets where the S&P 500 and Dow dropped by 4.41% and 4.44% respectively. The slump in traditional markets appeared to be a reaction to dismal news that the United States surpassed more than 200,000 Coronavirus cases. Earlier this week the White House also stated that it concurs with the estimate that up to

Price Analysis April 1: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-1-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 1, 2020 3:00 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience of Bitcoin (BTC) in the current crisis shows that it has arrived on the big scene and that it can weather a storm better than some of the traditional asset classes. This is likely to attract several institutional players to Bitcoin.Now, what can we hope for during the second quarter? Bitcoin has a very important halving event coming up next