Price analysis 8/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin is finding it difficult to rise above the overhead moving averages, indicating that the bears are trying to flip the level into resistance.
Keep up with what's happening in the crypto world in real-time.
Bitcoin is finding it difficult to rise above the overhead moving averages, indicating that the bears are trying to flip the level into resistance.
Some of the altcoins have put on great gains since the fall-out over the yen carry trade. Binance Coin ($BNB), Toncoin ($TON) and Avalanche ($AVAX) are rallying hard.
The crypto market is experiencing a much-needed rally as prices return to the upside. Notcoin (NOT) and Toncoin (TON), two TON-based cryptocurrencies, are on the rise, driven by growing retail and institutional adoption. However, considering the market's choppiness, it remains to be seen if the momentum can be sustained.
Pyth says its real-time price data can help TON games build better in-game economies, as well as help DeFi projects expand their audience.
TON and Pyth's collaboration brings institutional-grade real-time price feeds to TON developers, enhancing DeFi innovation.
Annual consumer prices retreated in August, raising hopes that the Federal Reserve will start cutting interest rates in its September meeting. Cryptocurrencies and U.S. stocks continued rising on Wednesday, Aug. 14 after the release of July's inflation report.
The crypto markets are experiencing a roller coaster ride as, after a small upswing, the Bitcoin price has again begun to consolidate as the bulls fall short of strength. In the meantime, the prices of altcoins like Toncoin (TON) and Notcoin (NOT) are not only holding support but are also maintaining a steep ascending trend.
In the crypto market, many coins are emerging as buzzwords. Some of the biggest ones are Toncoin (TON), DTX Exchange (DTX) and Ethereum (ETH). TON is seeing some exciting developments as Binance added it to its launch pool.
Global crypto markets registered a 104% year-on-year (YoY) increase in market cap, with Bitcoin (BTC) remaining a standout performer, with growth of between 50% and 55%.
NEAR, APT, and STX are the other notable gainers from the larger-cap alts.
As major cryptocurrency prices dipped – despite US Consumer Price Index (CPI) inflation data suggesting potential interest rate cuts by the Fed – traders sought refuge in the altcoin market, focusing on the day's top crypto performers.
The Open Network (TON) has announced a partnership with decentralized data oracle Pyth Network to enhance data delivery for developers building on the TON blockchain.
The recent recovery provided some consolation to investors amid the market downtrend. Toncoin (TON) and Polygon (MATIC) seem to be struggling with the market dip, while DTX Exchange (DTX) has not only been able to sustain the market but also to make strides within it.
The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.
Bitcoin (BTC) slipped below $60,000 on Sunday, going below even the $59,000 price level as markets tumbled over the weekend. BTC hit an intra-day high of $61,970 before turning bearish and falling to a low of $58,395.
Toncoin, the native coin of The Open Network (TON) and the Telegram ecosystem, is performing better than several of its counterparts. The coin has outshone Bitcoin (BTC), Ripple-associated XRP and Dogecoin (DOGE).
Buyers are struggling to build upon Bitcoin's sharp recovery on Aug. 8, indicating that the bears remain active at higher levels.
Right now, Ethereum is experiencing a severe decline in value relative to both the USD and Solana. Given its sharp decrease, Ethereum's standing as the second-largest cryptocurrency by market capitalization is seriously being questioned.
The recovery in the crypto markets has lost steam, with Bitcoin (BTC) and Ethereum (ETH) struggling to push above resistance levels, indicating that sellers are active at higher levels.
TON and Telegram collaborate with Gala Games to simplify Web3 onboarding through innovative Telegram Mini Apps.
Bitcoin's recovery bounce is losing steam, indicating that the bears remain active at higher levels.
The crypto market continues displaying a mixed sentiment by constantly recording pump-and-dump-like situations over the past few days. Furthermore, top tokens continue trading below their important levels, suggesting uncertainty in future price action. On the other hand, with the altcoin leader, the Ethereum price hovering below its $2.
The broader market experiences a surge in demand for altcoins, and the altcoins market reclaims the $850B capitulation. Amid the top performers, many signal a high potential extended rally this week for bigger gains. Amidst the top names, Solana, Jupiter, and Toncoin reveal a bull run ahead with increased interest from buyers.
Global equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows.