Sentences with phrase «pressure on altcoins»

Not exact matches

Strong selling pressure continues to dominate the cryptocurrency segment, with the two largest altcoins Ethereum and Ripple leading the way lower, trading on new lows after the weak bounce of the last couple of days.

Ethereum drifted higher in early trading today, retaining its relative strength among altcoins, but the coin fell back below the $ 750 later on as the broad selling pressure affected the coin.

This experiment seemed to work, and it put a great deal of pressure on exchanges and wallet providers to support Bitcoin Cash, whereas a new altcoin would largely just be ignored.

Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News) A Minute's Silence For Altcoins as Bitcoin Highs Slice Value Across MarketsCointelegraph (Bitcoin, Cryptocurrency and Blockchain News) Bitcoin's rise over $ 7,200 Thursday has piled pressure on already sidelined altcoin markets, leading many into freefall.

Cryptocurrency markets have been under pressure since the start of this year, and altcoins are among the prominent losers, due to their significant dependence on Asian markets.

The post-crash bounce that carried Bitcoin and altcoins higher in a concerted fashion, ended on Sunday, and the major cryptocurrencies are now under pressure again, with steep losses across the board.

Be it Facebook (and Instagram), Twitter, Google (and YouTube), Snapchat, LinkedIn, or indeed MailChimp, their collective decisions spooked the crypto market; accelerating sell - side pressure on Bitcoin (BTC), Ethereum (ETH), and basically every altcoin imaginable.

If bitcoin price fails to hold the USD 8,000 support, there could be further increase in bearish pressure on BTC and altcoins.