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news-imageNovember 13, 2024

Crypto Market Takes a Hit: Bitcoin Dominance Grows Amid Selloff

The cryptocurrency market is facing a setback, with a 3% drop in total market capitalization as Bitcoin's price dips below $85,000. This market correction comes after a period of strong growth, particularly for large-cap altcoins that surged following Bitcoin's brief breakout above $89,000.
Publisher: The Currency Analytics
Sentiment: Negative
BTC

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cover-imageBenzinga
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Bitcoin Stays Above $91,000—But One Technical Indicator Spells Trouble

Bitcoin's (CRYPTO: BTC) relentless climb over the $90,000 level has investors cheering, yet a specific technical indicator is sparking caution among experts, suggesting potential vulnerability in the current rally. What Happened: The stochastics indicator, which has reached 90%—a level typically associated with overbought conditions—is prompting market watchers to advise caution, even as the bull market remains intact.

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cover-imageAltcoin Buzz
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Trump Not Sole Driver of Bitcoin Price

Bitcoin has been surging since Donald Trump's surprising win, rising by 21% in the last 7 days and hitting a new ATH. For most people, Donald Trump's win is the obvious explanation for Bitcoin's new success.

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