For the first time in five years, the Russell 2000 Index (IWM) is hitting record highs while bitcoin BTC$92,578.55, which usually tops in tandem, is out of sync and remains 27% below October’s record. History suggests the largest cryptocurrency and cryptocurrencies more broadly are likely to catch up. The Russell 2000, a gauge of U.S. […]
With bitcoin BTC$112,156.69 stuck just above $110,000 and ether (ETH) consolidating after hitting fresh records, Solana SOL$209.96 has emerged as a standout performer in the crypto market recently. The token traded around $211 on Monday, up 33% from early August lows, making it one of the best performers in the CoinDesk 20 Index in the […]
The price action for XRP and bitcoin (BTC) resembles a tightly compressed spring on the verge of uncoiling with a sudden release of energy. That’s the message from a key volatility indicator called Bollinger Bandwidth. Bollinger Bands are volatility bands set at plus two and minus two standard deviations above and below the 20-period moving […]