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During the European session, Bitcoin price is trading choppy near $20,350, struggling below the 61.8% Fibonacci retracement level of $21,000. The buyer-seller tug of war continues ahead of the FOMC and Fed Fund rate decision on November 2. As a result, it keeps volatility in check. Fed Rate Hike On The Way  The US inflation is still running at its strongest pace in nearly 40 years, so the Federal Reserve is expected to hike interest rates for the sixth straight week this week. Since March, the Federal Reserve has raised its benchmark short-term rate a total of 3 percentage points, with the most recent rise being 0.75 percentage points. As the debate over when to turn to smaller interest rate hikes to prevent plunging the world's largest economy into a tailspin heats up, central bankers in the United States are poised to keep their inflation war in high gear this week. The Federal Reserve's preferred measure of inflation is currently running at more than th...

Cardano price forecast appears to be shifting from bullish to bearish, particularly below the 50-day moving average line at $0.4225. Earlier, ADA recovered above the $0.3365 level and moved toward the $0.4315 target, but failed to break above this, implying a bearish correction. Cardano's price has jumped by more than 15% in the last seven days. Can we expect the Cardano price forecast to be bullish, and can Cardano reach $5 in November? Let's find out!  Cardano Price & Tokenomics  Cardano's current price is $0.39, with a 24-hour trading volume of $712 million. In the last 24 hours, Cardano has dropped over 2% but has gained over 15% in the last seven days. CoinMarketCap now ranks #8 with a live market cap of $13 billion.  Cardano Price & Tokenomics - Source: coinmarketcap It has a total quantity of 45,000,000,000 ADA coins and a circulating circulation of 34,318,114,044 ADA coins. Cardano Price Prediction by Charles Hoskinson  ...

Major cryptocurrencies were trading slightly higher early on October 23, with the global crypto market cap at $923 billion, up more than 0.5% from the previous day. In the last 24 hours, the total cryptocurrency market volume was $32 billion, a 39% increase. The leading cryptocurrency , Bitcoin, is consolidating near $19,216, having gained less than 1% during the Asian session. BTC has formed a symmetrical triangle pattern, and a breakout of this triangle will determine the price action moving forward. Ethereum, on the other hand, is on the rise, having risen more than 1% to trade at $1,313. Top Altcoin Gainers and Losers The top performers in the Asian session were Bitcoin Gold (BTG), Aptos (APT), and Huobi Token (HT). Bitcoin Gold (BTG) has gained over 11% to $18.35, while the price of APT has risen by over 29% to $9.59. Moreover, the Huobi Token price rose over 11% to $8.70. Cryptocurrency Market Heatmap | Source: Coin360 The Chain (XCN) price has fallen by more ...

On October 21, the Bitcoin price was choppy, trading within a narrow range of $18,950 to $19,200, exactly in line with our previous Bitcoin price prediction. In contrast, Ethereum fell less than 1% to $1,282 during the early Asian session. Major cryptocurrencies were trading in the negative early on October 21, with the global crypto market cap down 0.9% to $915 billion on the previous day.  DeFi's total volume was $2.83 billion, accounting for more than 6.40% of the total crypto market volume.  Let's take a look at the top winners and losers so far today. Top Altcoin Gainers and Losers The top performers in the Asian session were Toncoin (TON), Chain (XCN), and Aptos (APT). Toncoin (TON) is up more than 11% to $1.35, while XCN is up more than 7% to $0.066. At the same time, Aptos has surged more than 6% in the last 24 hours. The Uniswap (UNI) price has fallen by more than 8% in the last 24 hours to $6. The price of Axie ...

During the European session, Bitcoin is trading bullish , having bounced off above $18,900 to trade at $19,300. According to data compiled by cryptocurrency research firm Santiment, the proportion of large investors who hold the cryptocurrency with the largest market capitalization, Bitcoin (BTC), is growing. At the same time, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone reports that the BTChash rate discount is at a record low not seen since the second quarter of 2020. BTC Addresses Holding $1,900,000,000 BTC Reach 20-Month High The recent research from cryptocurrency research firm Santiment could be one of the reasons for BTC's price action . According to Santiment, the number of Bitcoin whale accounts holding between 10,000 and 100,000 BTC ($190,000,000 and $1,900,000,000) has hit its highest level since February 2021. Moreover, the number of addresses carrying between 10 and 100 BTC ($190,000 and $1,900,000). According to the analytics fi...

During the European session, Bitcoin traded choppy in a narrow range of $19,400 to $19,000, and this range remains intact. The bear market has lasted for quite some time and shows no signs of ending.  Bitcoin is the most valuable cryptocurrency, and its price moves have a noticeable impact on the market regardless of whether it is trending up or down. Although Bitcoin is trading bearish, the $19,000 support level keeps losses limited. Bitcoin Named "First Decentralized Cryptocurrency" by Guinness Since 1955, the yearly Guinness World Records (GWR) reference book has documented the greatest natural and human-made achievements and events around the globe. This year, GWR expanded its yearly records to include Bitcoin, the first and most valuable cryptocurrency network. Bitcoin, Satoshi Nakamoto's cryptocurrency and blockchain network, has been widely praised and recognized by both online and offline media outlets. For example, the word "bitcoin...