Bitcoin Hits $25K as Bearish Voices Call BTC Price ‘Double Top’
Bitcoin (BTC) spiked through to $25,000 for the first time in months on Aug. 14, but traders refused to take any chances on a bull run.
Data from Cointelegraph Markets Pro and TradingView tracked a sudden run-up on BTC/USD, which hit $25,050 on Bitstamp in a $350 hourly candle.
The move took the pair to a new personal best since June 13, erasing more of the losses seen that day in what remains a significant BTC price correction.
Analyzing the market setup, however, familiar bearish tones remained. Read More
Ethereum Tops $2,000 as Network Approaches Merge Event
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Ethereum (ETH) continued its bull run and reclaimed the $2,000 level late on Friday night for the first time since May, according to data from CoinMarketCap.
The No. 2 cryptocurrency by market cap was up to $2,014 at the time of writing, up 7% in the past 24 hours and 17% in the past week. It has nearly doubled in the past month. Read More
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