Cardano – CRYPTORY

Market Wrap: Bitcoin Hits $10.4K; Ether Balances on Exchanges Fall to 7-Month Low

Bitcoin price trended upward before losing some steam while ether is moving off centralized exchanges.

Will Ethereum Classic’s community accept this new solution from Charles Hoskinson’s IOHK?

Bitcoin’s price jumped to $11,784 while the top decentralized exchange crossed a half-billion dollars in daily trading volume.

Will Cardano rely on its oracles or integrate Chainlink’s?

Bitcoin’s price gyrated by over $450 during and after Fed Chair Powell’s comments while Ethereum’s gas congestion continues.

Bitcoin’s price plunged Tuesday while DeFi is giving Ethereum miners more fee revenue, causing difficulty to hit a 2020 record.

The bulls are aggressively defending the 20-day EMA in Bitcoin and select altcoins, which could result in the resumption of the uptrend.

Bitcoin and the altcoins continue to correct but lower levels are likely to attract buyers as the bullish macro trend has not changed.

Bitcoin’s strong move above the $12,200 resistance could boost sentiment and lead to a stronger rally in select altcoins.

Traders have turned bullish on Ethereum again and the strong break above $400 could pull Bitcoin and other altcoins higher.