Bitcoin’s price chart is echoing a bullish pattern that foreshadowed the late 2024 price surge from $70,000 to $100,000 amid mounting concerns over the sustainability of the U.S. debt. The leading cryptocurrency by market value appears on track to confirm a “golden cross” in the coming days, according to charting platform TradingView. The pattern occurs […]
Tokens associated with artificial intelligence (AI) fared worse than the biggest cryptocurrencies over the past 24 hours. The relative weakness comes amid unusual activity in put options tied to shares of Nvidia (NVDA), the chipmaker that on Monday said it will will start building its AI supercomputers in the U.S. While bitcoin (BTC), the largest […]
What to know Ether’s price has dropped over 5% to $2,375 on Tuesday, with its 50-day simple moving average (SMA) on track to cross below the 200-day SMA to confirm the so-called “death cross.” The pattern indicates that the short-term momentum is about to underperform the long-term average, potentially evolving into a major bearish trend. […]