Bitcoin Dormant at $30K While Ethereum Classic (ETC) Pumps 10%: Market Watch

5/25/2022 11:44:00 AM

While bitcoin, ether, and most other altcoins have remained calm on a daily scale, ETC has gone on a tear with a 10% surge.

While bitcoin, ether, and most other altcoins have remained calm on a daily scale, ETC has gone on a tear with a 10% surge.

While bitcoin, ether, and most other altcoins have remained calm on a daily scale, ETC has gone on a tear with a 10% surge.

Bitcoin Back Below $30KThe primary cryptocurrency has had its issues with the coveted $30,000 line for over a week now. It made several attempts to overcome that line but was met with rejection every single time, which pushed it south by up to a few thousand dollars almost immediately.

The latest such example came earlier this week when BTC pumped to $30,600. The same scenario followed, and the assetplummetedby precisely $2,000 to a low of $28,600.Nevertheless, the bulls stepped up and drove it upwards once again. For a brief moment, BTC surpassed $30,000 once again but now stands just under it.

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Bitcoin Rejected at $30K Again, Avalanche Slumps 9% (Market Watch)Bitcoin was stopped once again at $30,000. Most altcoins, including ADA, SOL, and AVAX, are in an even worse shape. Give me Bitcoin at any price, I won't reject it.

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Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $30,000 as Balenciaga Greenlights Crypto Payments – Market Updates Bitcoin NewsBitcoin rallied above $30,000 to start the week, with bulls returning to crypto markets on Monday as Balenciaga accepts crypto payments. 📩 DM to invest and grow your cryptocurrency ritacabrera002 Crypto is the future. Don’t let the likes of PeterSchiff deceive you 🤷‍♂️ Why didn't I know about this before?

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Bitcoin recovered most losses from yesterday’s dip below $29,000 but failed at $30,000 once again.A familiar scenario occurred in the crypto market in the past 24 hours as bitcoin was rejected at $30,000 once again.Get in now! In the Forex market, the Australian and New Zealand Dollars are rising firmly, which was probably triggered by the clear Australian election result yesterday, which sees the opposition Labor Party assume power for the first time in a decade.44 seconds ago Biggest Movers: SOL, NEAR Fall Over 10% During Tuesday's Session Crypto markets were down across the board on Tuesday, as bears re-entered the market, following strong gains on Monday.

The altcoins have continued to trade sideways with a few notable moves in either direction. Ethereum Classic stands out as the most significant gainer. Ethereum slid below $2,000, while Cardano, Solana, and Avalanche are deeper in the red. Bitcoin Back Below $30K The primary cryptocurrency has had its issues with the coveted $30,000 line for over a week now. Daily new coronavirus cases globally rose last week after falling for eight weeks. It made several attempts to overcome that line but was met with rejection every single time, which pushed it south by up to a few thousand dollars almost immediately. The bulls came out to play on late Sunday evening and pushed the asset north. The latest such example came earlier this week when BTC pumped to $30,600.29 on Tuesday, following a peak of $54.

The same scenario followed, and the asset plummeted by precisely $2,000 to a low of $28,600. However, as it has happened numerous times in the past two weeks, BTC ultimately failed at that point and reversed its trajectory.7% of the global population is confirmed to have contracted the virus at some time, although the true number is highly likely to be much larger. Nevertheless, the bulls stepped up and drove it upwards once again. For a brief moment, BTC surpassed $30,000 once again but now stands just under it. As of now, it has reclaimed some ground, but it’s still more than 3% down on the day. As such, its market capitalization has gone back down to $565 billion, while the dominance over the altcoins has increased slightly to 44.20%.7% on CoinMarketCap. Alicia Bakery CMO - A really good agency Did you like this market update? This is all you need not to miss any price action in the raging crypto markets. Looking at the chart, the Relative Strength Index (RSI) is currently tracking at a resistance point of 36.

Alicia Bakery CMO - A really good agency Did you like this market update? This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day: Invalid email address .