
May 1st, 2025
Cryptocurrencies continue rising slowly; as we can see, the bullish pressure isn’t going down.
The cryptocurrency market is correcting before another descending wave. In the past, Bitcoin didn’t start rising aggressively after the halving, on the opposite, it was even falling for a while and managed to break its previous highs only 3-6 months later.
With approximately three days before the 2020 Bitcoin halving, BTC price is hovering around $10k with the bulls easily flexing their muscles against the bears.
Bitcoin price is moving up as the halving is just 3 days away. But will Ethereum follow the trend and rise along with Bitcoin?
In this crypto digest, we will take a look at some of the most important news from crypto exchanges that came out during last month.
The cryptocurrency market continues moving upwards lead by Bitcoin and Ethereum.
The next Bitcoin halving is expected to happen in a little bit more than a week. Meanwhile, the BTC hash rate hit a new record moving above 140 EH/s.
The cryptocurrency market has regained over 100% from the March 12 flash crash leaving the stock markets far behind after they gained 36%. The majority of coins are in the green now.
Cryptocurrencies keep growing steadily, breaking away level after level. The growth of the Bitcoin is almost too aggressive, however, it remains inside a descending channel, and a test of its upper border may provoke a bounce, followed by another declining wave.
Cryptocurrencies continue to correct without any significant fluctuations in either direction. A lot of assets are stuck inside their respective “Triangle” patterns, thus indicating an extremely low volatility.
The cryptocurrency market is correcting again. Assets are rebounding from their respective resistance levels while the potential for significant decline remains. On shorter timeframes, instruments are reversal patterns and some of them have already left rising channels.
While EOS, TRON, and Ethereum remained at the top of the latest crypto rankings revealed by China’s Center for Information and Industry Development (CCID), Bitcoin lost 3 positions.
Most of the weaknesses of crypto security are attributable to the human factor, particularly a failure to adequately secure personal crypto wallets.
On April 8, Bitcoin Cash (BCH) had its first halving event that saw its price gaining 11.2% rising from $249.23 to $277.22 but later dropped to around $265.
Cryptocurrencies continue their slight growth and bulls have a lot of difficulties with conquering every level. It would seem that a long-awaited aggressive growth is right around the corner.