In general terms, Ethereum had a month of losses in September with two downward waves and bleak prospects of a recovery in the near term.
On Thursday, October 1st, ETH is stable, trading near $362.50.
While cryptocurrencies have been with us for already some time, it’s still common to read unpleasant stories about banks rejecting crypto payments or freezing accounts for digital asset-related activity.
The flagship cryptocurrency continued on a downswing on Tuesday.
Bitcoin is trying to restore after a drawdown yesterday. It is now trading at around $10,336.
Cryptocurrencies continue correcting not far from important support levels. If they break these areas, the entire cryptocurrency market may continue the correction much deeper.
Bitcoin and Ethereum uptrend rejected by MA200.
DeFi presented us the freedom to borrow finance, arrange loans, make deposits, and trade financial products without the need for any middlemen. But is it here to stay? Or maybe DeFi is just the next technology bubble?
Today, on September 17th, the BTC rate pushed off an important resistance level – $11,000. Currently, it rests at $10,842.
Ethereum gained 4.16% for the last 24 hours as the team working on the Phase 0 transition published several updates as EIPs to the environment.
The cryptocurrency market is trying to recover. And if such assets as Bitcoin and Ethereum are looking quite confident in favor of further growth, the other ones, like Litecoin and EOS are very likely to fall and test their respective support areas.
Bitcoin for the first time since the early September crash, is showing signs of its comeback.
Bitcoin remains dormant awaiting major price movement.
Bitcoin is up 0.68% today after losing 1.04% in price yesterday.
NZD/USD was able to gain 0.44% today up to the time of writing this article after a compact loss of 0.30% yesterday.