Market Update News

Open Interest surged to $3.22 billion Thursday to levels not seen since February.

The inverted head and shoulders pattern hints at a decisive breakout move in the Polkadot market.

BNB price gets a boost as Binance launches a $1 billion blockchain fund.

ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside.

The XRP price chart is painting a golden cross while rising inside an ascending channel.

The Dogecoin spinoff sprinted past popular blockchain protocols like Stellar and Polygon to become an $11 billion crypto project.

BTC’s price broke out of its multi-month long range, securing a daily close above $50,000 and prompting traders to extend their short-term target to $56,000.

LINA, SCRT and PRE each rallied by 20% and Bitcoin’s attempt to flip $50,000 to support could extend the current rally seen across the altcoin market.

Analysts identify the key levels BTC needs to hold in order to see continuation above $50,000.

AXS, CVP and POLS lead altcoins higher while Bitcoin bulls search for a way to reclaim the $50,000 level.

AXS, LUNA and a handful of altcoins rallied to new highs shortly after Bitcoin’s price rallied to $49,200.

ROSE, AXS and ICX notched 20% gains after bulls took control of the market and sent BTC price above $47,500.

Three bullish indicators converge as Ethereum’s native token, Ether, climbs over 9% on Oct. 1 to cross $3,000, a psychological resistance level.

The flagship cryptocurrency has closed October in profit seven out of nine times since 2013, raising hopes that it will be able to log a fractal bull run in the next 31 days.

RGT, POLY and TLOS secure double-digit gains as investor sentiment rises after the Fed says it will not ban cryptocurrencies and Bitcoin briefly reclaims $44,000.