Bitcoin Price Rebounds After Testing Lower Support Near $44K as Ether Booms
Bitcoin continues to cool on multiple attempts at $50,000, though that may be less of a concern given demand from bigger players.
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Bitcoin Breaks $48K for First Time Since May
Aug 20, 2021
"The institutional world is turning cautious on stocks and that is making cryptocurrencies look very attractive," said one analyst.
ADA's price is up a staggering 19% on the day and has unseated BNB as third-most valuable crypto by market cap.
Bitcoin Tops $50K for First Time in 3 Months
Aug 23, 2021
"The market continues to hover over the 200-day moving average with bulls still in play," Zerocap's Toby Chapple told CoinDesk.
Hourly spot volume across multiple exchanges clocked the highest point since Aug. 13.
"We still have support at $44,000 and $42,000, which is the line in the sand for short-term momentum," one investment officer said.
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