Crypto Market Analysis

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This section's focus will be crypto market sentiment and analysis on a daily basis. Every day, early morning, we will publish a new release covering fundamental news, market sentiment, including heat maps of the sector, and analysis of movers and shakers. As a norm, we analyze the top three crypto-assets: Bitcoin, Ethereum, and Ripple.  

Daily Crypto Review, Jun 02 – Bitcoin Above $10,000; BTC Miners...

The crypto market has spent the day making moves to the upside as Bitcoin broke $10,000.  Bitcoin is currently trading for $10,115, which represents an increase of 6.14% on the day. Meanwhile, Ethereum gained 4.96% on the day, while XRP gained 3.68%.

Daily Crypto Review, Jun 01 – Ether and XRP making moves;...

The crypto market has spent the weekend mostly without any big moves.  Bitcoin is currently trading for $9,469, which represents a decrease of 1.75% on the day. Meanwhile, Ethereum lost 4.2% on the day, while XRP lost 1.37%.

Daily Crypto Review, May 29 – Bitcoin above $9,500; Goldman’s Criticism...

The crypto market has spent the day gaining some more value, with Ethereum performing the best out of the top10 cryptos.  Bitcoin is currently trading for $9,512, which represents an increase of 4.15% on the day. Meanwhile, Ethereum gained 7.92% on the day, while XRP gained 2.24%.

Daily Crypto Review, May 28 – “We Are All Satoshi” –...

The crypto market has spent the day trying to reach new highs (and mostly succeeding in doing that).  Bitcoin is currently trading for $9,229, which represents an increase of 4.22% on the day. Meanwhile, Ethereum gained 3.04% on the day, while XRP gained 1.67%.

Daily Crypto Review, May 27 – BTC Transaction Fees Down More...

The crypto market has spent the day slowly testing out immediate support and resistance levels.  Bitcoin is currently trading for $8,836, which represents a decrease of 1.28% on the day. Meanwhile, Ethereum lost 0.37% on the day, while XRP gained 0.08%.

Daily Crypto Review, May 26 – Tether (USDT) now Third-Largest Cryptocurrency...

The crypto market has spent the day trying to slowly regain the lost value. However, most of the cryptocurrencies failed in doing so, which triggered a small pullback.  Bitcoin is currently trading for $8,893, which represents an increase of 0.52% on the day. Meanwhile, Ethereum lost 0.4% on the day, while XRP lost 0.06%.

Daily Crypto Review, May 25 – Bitcoin Under $9,000; Goldman Sachs...

The crypto market has spent the weekend retracing as Bitcoin fell under $9,000.  Bitcoin is currently trading for $8,790, which represents a decrease of 5.05% on the day. Meanwhile, Ethereum lost 3.15% on the day, while XRP lost 3.4%.

Daily Crypto Review, May 22 – Bitcoin at $9,000; Craig Wright...

The crypto market has spent the day following Bitcoin's spike down, most likely due to the fear of Satoshi Nakamoto moving their funds (which is most likely not true, as the more likely scenario would be that one of the miners was moving the BTC).  Bitcoin is currently trading for $9,091, which represents a decrease of 4.2% on the day. Meanwhile, Ethereum lost 4.38% on the day, while XRP lost 0.55%.

Daily Crypto Review, May 21 – Satoshi Nakamoto Moving Crypto? Crypto...

The crypto market has spent the day slightly retracing, with most of its cryptocurrencies being in the red.  Bitcoin is currently trading for $9,505, which represents a decrease of 2.41% on the day. Meanwhile, Ethereum lost 1.59% on the day, while XRP lost 1.57%.

Daily Crypto Review, May 20– Will BTC reach $20,000 in 2020?...

The crypto market has spent the day moving towards the upside. While most of the market is in the green, the majority of cryptocurrencies didn't move much.  Bitcoin is currently trading for $9,757, which represents an increase of 1.23% on the day. Meanwhile, Ethereum gained 0.87% on the day, while XRP gained 1.12%.

Daily Crypto Review, May 19 – Bitcoin Not Producing Enough Blocks?

The crypto market has spent the day either stagnating or slowly moving to the downside. Bitcoin is currently trading for $9,643, which represents a decrease of 2.5% on the day. Meanwhile, Ethereum lost 1.02% on the day, while XRP lost 0.6%.

Daily Crypto Review, May 18 – Robert “Rich Dad Poor Dad”...

The crypto market has spent the weekend mostly trying to break its resistance levels, which it did to a certain extent. Still, Bitcoin is under $10,000, and the general trend direction is not completely bullish. Bitcoin is currently trading for $9,778, which represents an increase of 2.62% on the day. Meanwhile, Ethereum gained 5.91% on the day, while XRP gained 1.17%.

Daily Crypto Review, May 15 – Bitcoin Rejected from $10,000 –...

The crypto market has spent the past day testing its support and resistance levels and was generally in a state of indecisiveness. Bitcoin is currently trading for $9,671, which represents an increase of 1.65% on the day. Meanwhile, Ethereum gained 0.57% on the day, while XRP lost 0.03%.

Daily Crypto Review, May 14 – Bitcoin near $9,500; German Bank...

The cryptocurrency market has spent the past day reaching new fights, with almost every single cryptocurrency in the top100 ending up in the green. Bitcoin is currently trading for $9,467, which represents an increase of 6.24% on the day. Meanwhile, Ethereum gained 4.54% on the day, while XRP went up by 2.04%.

Daily Crypto Review, May 13 – Bitcoin Pushing Towards 9,000; WBTC...

The cryptocurrency market has spent the past day mostly trading sideways, with some cryptocurrencies testing their support and resistance levels. Bitcoin is currently trading for $8,885, which represents an increase of 1.63% on the day. Meanwhile, Ethereum gained 0.87% on the day, while XRP went up by 0.5%.

Daily Crypto Review, May 12 – Bitcoin Halving Fundamentals and the...

The cryptocurrency market has spent the past day preparing for the Bitcoin halving event. While there was some price uncertainty, it eventually turned out to be a pretty stable day. Bitcoin is currently trading for $8,680, which represents a decrease of 0.07% on the day. Meanwhile, Ethereum gained 0.07% on the day, while XRP went down by 0.61%.

Daily Crypto Review, May 11 – Bitcoin Hours from its Halving...

The cryptocurrency market has spent the weekend closely watching the timer to Bitcoin's halving. Most cryptos had an over 10% price decrease on Sunday. Bitcoin is currently trading for $8,698, which represents an increase of 0.85% on the day. Meanwhile, Ethereum gained 0.25% on the day, while XRP went up by 0.13%.

Daily Crypto Review, May 8 – Bitcoin Contesting $10,000 as Halving...

The cryptocurrency market has spent the day mainly watching Bitcoin's price rise prior to the halving. With all eyes on Bitcoin as its halving event nears, other cryptos moved far less than the biggest cryptocurrency. Bitcoin is currently trading for $9,796, which represents an increase of 5.64% on the day. Meanwhile, Ethereum gained 1.85% on the day, while XRP went down by 0.13%.

Bitcoin Cash Prepares for a New Rally

The price of Bitcoin Cash (BCH/USD) is preparing to develop a new rally that could take it to beat the previous highs of March, located in the area of 352.96.

Daily Crypto Review, May 7 – Libra Reinforcing its Team; Bitcoin...

The cryptocurrency market has spent the day trying to break the levels it was bound by. Bitcoin is currently trading for $9,201, which represents an increase of 2.52% on the day. Meanwhile, Ethereum lost 1.15% on the day, while XRP went down by 1.33%.

Daily Crypto Review, May 6 – China’s Digital Yuan to Fully...

The cryptocurrency market has spent the day consolidating and testing its support and (in a rare case) resistance levels. Bitcoin is currently trading for $8,954, which represents n increase of 1.12% on the day. Meanwhile, Ethereum lost 0.86% on the day, while XRP went down by 0.57%.

Daily Crypto Review, May 5 – Bitcoin Breaking $9,000 Again; Craig...

The cryptocurrency market has spent the day retesting support levels only to bounce off of them later on. Bitcoin is currently trading for $9,084, which represents an increase of 4.76% on the day. Meanwhile, Ethereum gained 5.45% on the day, while XRP went up by 4.55%.

Daily Crypto Review, May 4 – Bitcoin Hash Rate reached All-Time...

The cryptocurrency market has spent the weekend trying to find a level to consolidate at and testing narrow ranges. Bitcoin is currently trading for $8,767, which represents a decrease of 3/69% on the day. Meanwhile, Ethereum lost 5.7% on the day, while XRP lost 4.76%. However, when compared to the prices on Friday, the market hasn't moved that much, if at all.

Daily Crypto Review, May 1 – XRP supported by the first...

The cryptocurrency market has spent the past 24 hours trying to find a level to consolidate at after dropping in price due to the lack of bull pressure. Bitcoin is currently trading for $8,770, which represents a decrease of 6.11% on the day. Meanwhile, Ethereum lost 4.74% on the day, while XRP lost 5.89%.

Daily Crypto Review, Apr 30 – Bitcoin +17% moves above $9,000,...

The cryptocurrency market had a fantastic day as most cryptocurrencies recorded daily gains of over 5%, some even reaching the double-digit gain levels. This move was led by Bitcoin reaching and surpassing $9,000. Bitcoin is currently trading for $9,201, which represents an increase of 17.21% on the day. Meanwhile, Ethereum gained 11.9% on the day, while XRP gained 7.9%.

Daily Crypto Review, Apr 29 – Small Bitcoin addresses skyrocketing; XRP...

The cryptocurrency market continued its past moves by slowly going towards the upside. Bitcoin is currently trading for $7,809, which represents an increase of 1.48% on the day. Meanwhile, Ethereum gained 2.74% on the day, while XRP gained 10.32%.

Daily Crypto Review, Apr 28 – Ethereum up 50% in 2020;...

The cryptocurrency market has spent the past 24 hours mostly consolidating and preparing for the next move. Bitcoin is currently trading for $7,713, which represents an increase of 0.01% on the day. Meanwhile, Ethereum lost 1.08% on the day, while XRP lost 0.75%.

Daily Crypto Review, Apr 27 – Bitcoin stopped by the $7,750...

The cryptocurrency market continued its bullish momentum and went after new highs over the weekend. Bitcoin is currently trading for $7,698, which represents an increase of 1.52% on the day. Meanwhile, Ethereum gained 0.95% on the day, while XRP gained 1.4%.

Daily Crypto Review, Apr 24 – Bitcoin transaction fees jumping up...

The cryptocurrency market continued its bullish momentum and tried reaching new highs, but got stopped by the resistance levels. While most cryptocurrencies ended up in the green, the gains they ended up making were far lower due to the price consolidating at lower levels. Bitcoin is currently trading for $7,503, which represents an increase of 4.62% on the day. Meanwhile, Ethereum gained 0.26% on the day, while XRP gained 2.5%.

Daily Crypto Review, Apr 23 – Binance confirms – Facebook’s Libra...

The cryptocurrency market gathered bullish momentum as Bitcoin passed $7,000 to the upside once again. Most cryptocurrencies ended up in the green, some even recording double-digit gains. Bitcoin is currently trading for $7,142, which represents an increase of 4.3% on the day. Meanwhile, Ethereum gained 6.94% on the day, while XRP gained 3.77%.

Daily Crypto Review, Apr 22 – The Netherlands testing grounds for...

The cryptocurrency market didn't move much in the past 24 hours, but rather took the time to consolidate and establish support and resistance levels. Bitcoin is currently trading for $6,849, which represents a decrease of 0.32% on the day. Meanwhile, Ethereum lost 0.55% on the day, while XRP dropped 0.19% from yesterday's price.

Daily Crypto Review, Apr 21 – BTC Under $7,000 as WTI...

The cryptocurrency market had a slight price decline in the past 24 hours. Most people connect this price drop with the WTI crude Futures market plummeting yesterday. Bitcoin is currently trading for $6,886, which represents a decrease of 3.91% on the day. Meanwhile, Ethereum lost 5.19% on the day, while XRP dropped 4.95%.

Daily Crypto Review, Apr 20 – Blockchain Jobs Booming; Lightning Network...

The cryptocurrency market spent the weekend consolidating. Bitcoin is currently trading for $7,166, which represents an increase of 0.38% on the day. Meanwhile, Ethereum gained 2.83% on the day, while XRP gained 0.03%.

Daily Crypto Review, Apr 17 – Bitcoin above $7,000; The US...

The cryptocurrency market spent the past 24 hours reaching new highs. Bitcoin is currently trading for $7,094, which represents an increase of 6.98% on the day. Meanwhile, Ethereum gained 12.66% on the day, while XRP gained 6.71%.

Daily Crypto Review, Apr 16 – China launched Digital Yuan; Cryptos...

The cryptocurrency market spent the past 24 hours mostly consolidating and staying at the same price levels. Bitcoin is currently trading for $6,924, which represents an increase of 0.51% on the day. Meanwhile, Ethereum gained 3.32% on the day, while XRP lost 0.81%.

Daily Crypto Review, Apr 15 – Libra vs Bitcoin again? Cryptos...

The cryptocurrency market spent the past 24 hours in the slight green. Bitcoin is currently trading for $6,873, which represents an increase of 0.56% on the day. Meanwhile, Ethereum gained 1.85% on the day, while XRP gained 1.67%.

Daily Crypto Review, Apr 14 – Blockchain Immunity Passport for COVID-19?

The cryptocurrency market recovered from the price drop it experienced during the weekend and made its move towards the upside. Bitcoin is currently trading for $6,888, which represents an increase of 3.02% on the day. Meanwhile, Ethereum gained 3.77% on the day, while XRP gained 2.58%.

Daily Crypto Review, Apr 13 – Bitfinex confirmed: $1.1 billion in...

The cryptocurrency market saw most coins drop in price slightly over the weekend. Bitcoin is currently trading for $6,711, which represents a decrease of 1.7% on the day. Meanwhile, Ethereum lost 2.68% on the day, while XRP lost 2.16%.

Daily Crypto Review, Apr 10 – Canada launching a BTC fund;...

The cryptocurrency market had a slightly red day as it consolidated and tested slightly lower prices overall. Bitcoin is currently trading for $7,133, which represents a decrease of 2.08% on the day. Meanwhile, Ethereum lost 3.84% on the day, while XRP lost 2.11%.

Daily Crypto Review, Apr 9 – BCH surges after halving, BSV...

The cryptocurrency market had a slow day, losing a bit of its value while it consolidated. Bitcoin is currently trading for $7,289, which represents a decrease of 0.77% on the day. Meanwhile, Ethereum lost 1.35% on the day, while XRP lost 0.76%.

Daily Crypto Review, Apr 8 – BCH and BSV halving countdown;...

The cryptocurrency market established its position after the gains it made yesterday. Bitcoin is currently trading for $7,338, which represents an increase of 0.76% on the day. Meanwhile, Ethereum gained 0.42% on the day, while XRP gained 1.33%.

Daily Crypto Review, Apr 7 – BTC secures its place above...

The cryptocurrency market had another great day while Bitcoin established its price above the $7,000 level. Altcoins increased in value significantly, with many of them surpassing Bitcoin's gains. Bitcoin is currently trading for $7,330, which represents an increase of 3.92% on the day. Meanwhile, Ethereum gained an astonishing 15.08% on the day, while XRP gained 7.36%.

Daily Crypto Review, Apr 6 – Bitcoin above $7,000 – but...

The cryptocurrency market had quite a good day as volume increased, and bulls gathered. Bitcoin led the market up to new highs and finally broke the $7,000 mark. It is currently trading for $7,067, which represents an increase of 4.33% on the day. Meanwhile, Ethereum gained 5.27% on the day, while XRP gained 3.39%.

Daily Crypto Review, Apr 3 – Bitcoin over $7,000? Is the...

The cryptocurrency market had another, even more, successful push to the upside. The upswing was led by Bitcoin, which broke its immediate resistance. However, many altcoins outperformed it during the spike. Bitcoin is currently trading for $6,820, which represents an increase of 2.68% on the day. Meanwhile, Ethereum gained 3.99% on the day, while XRP gained 1.43%.

Daily Crypto Review, Apr 2 – Bitcoin failing to break $6,640;...

The cryptocurrency market attempted another push towards new highs as Bitcoin bulls tried to get its price above $6,640. Even though most cryptos are in the green, the push was not successful, which may pose a problem in the short term. Bitcoin is currently trading for $6,595, which represents an increase of 4.63% on the day. Meanwhile, Ethereum gained 3.12% on the day, while XRP gained 1.95%.

Daily Crypto Review, Apr 1 – Crypto Outperforming Traditional Markets in...

The cryptocurrency market had a pretty stable day as most cryptos consolidated within previously achieved levels. Bitcoin is currently trading for $6,341, which represents a decrease of 1.23% on the day. Meanwhile, Ethereum gained 1.08% on the day, while XRP gained 1.13%.

Daily Crypto Review, Mar 31 – Opera browser openly supporting crypto;...

The cryptocurrency market has recovered from the downside push as Bitcoin regained strength and reconquered $6,000. In the past 24 hours, almost every single crypto was in the green. Bitcoin is currently trading for $6,419, which represents an increase of 6.53% on the day. Meanwhile, Ethereum gained 3.21% on the day, while XRP gained 2.4%.

Daily Crypto Review, Mar 30 – Bitcoin back above $6,000 as...

The cryptocurrency market, as it could not break the immediate resistances ahead, had a leg down over the weekend. The market stabilized with Bitcoin at above $6,000 for now. Bitcoin is currently trading for $6,223, which represents an increase of 1.34% on the day. Meanwhile, Ethereum gained 0.41% on the day, while XRP lost 1.28%.

Daily Crypto Review, Mar 27 – XRP recording double-digit gains as...

The cryptocurrency market is still in consolidation mode, with most cryptocurrency prices at almost the exact same level that they were yesterday. Bitcoin is currently trading for $6,574, which represents an increase of 0.6% on the day. Meanwhile, Ethereum gained 1.01% on the day, while XRP gained a solid 7.28%.

Daily Crypto Review, Mar 26 – The calm before the storm?...

The cryptocurrency market had a pretty steady day when it comes to price movements. Most cryptos remained at their levels of 1 day ago. Bitcoin is currently trading for $6,652, which represents a decrease of 0.78% on the day. Meanwhile, Ethereum lost 2.75% on the day, while XRP lost 1.17%.